The Solana price recently witnessed a sharp pullback after rallying close to the $100 milestone. SOL dropped from recent highs around $98.40 to nearly $89.92 within a short span, reflecting rising profit-taking and growing market uncertainty near a crucial resistance zone. Despite the correction, the token continues to hold above important support levels, suggesting that bulls are still attempting to maintain control of the broader recovery trend.
As Solana now trades near a decisive technical range, traders are closely watching whether the price can regain momentum and reclaim the $100 level.
The daily chart shows SOL rebounding sharply after repeatedly defending the crucial support zone around $76 to $78. The recent breakout above the mid-range resistance near $87 helped the token recover toward the $91 range, indicating improving bullish momentum in the short term. At the same time, SOL is now testing the Gaussian channel resistance zone, which has historically acted as an important trend barrier. Meanwhile, the RSI continues trading above the neutral zone, suggesting buyers still maintain moderate control despite the latest pullback from local highs.
The chart also highlights that Solana has been forming higher lows since early April, signaling gradual strength returning to the market. However, SOL remains below the broader resistance cluster between $97 and $100. This range could continue acting as a strong supply zone unless buying volume increases significantly.
Key Levels to Watch
Immediate resistance: $97
Major psychological resistance: $100
Key support zone: $87
Strong lower support: $76 to $78
The Solana price currently appears to be at a decisive stage as the price attempts to recover from months of bearish pressure. If buying momentum continues strengthening and SOL successfully breaks above the current resistance cluster, a move toward $100 could become increasingly likely in the coming sessions. However, failure to sustain the recovery may keep Solana trapped within a broader consolidation range before the next major breakout attempt.
The Cardano price has remained under strong bearish pressure for a prolonged period despite ongoing market volatility. ADA is down nearly 2.7% over the past 24 hours, trading around $0.265 and continuing to underperform the broader crypto market. Meanwhile, trading volume has risen by more than 7%, suggesting growing activity that may have further strengthened bearish control in the short term.
However, while retail traders continue contributing to the selling pressure, on-chain data paints a completely different picture for large holders. Whale wallets have continued accumulating ADA aggressively, signaling growing long-term confidence despite the weak price action.
This widening divergence between wholesale accumulation and retail selling raises major questions for the market. Could the aggressive positioning by large holders eventually fuel a strong ADA price recovery, or will broader market weakness continue dominating the trend in the near term?
Cardano Whales Quietly Accumulate While Retail Continues Selling
While ADA price continues hovering near its lower ranges, large Cardano holders appear to be doing the exact opposite of retail traders. Fresh Santiment data reveals that wallets holding at least 1 million ADA have now pushed their combined holdings above 25 billion tokens for the first time.
This chart suggests that large Cardano holders, often referred to as “whales” or “ADA millionaires,” are aggressively accumulating ADA despite the prolonged price decline.
Here’s what the data indicates:
Wallets holding at least 1 million ADA now collectively own more than 25 billion ADA tokens for the first time ever.
These wallets currently control about 67.47% of Cardano’s total circulating supply, marking the highest concentration since July 2020.
Interestingly, this accumulation is happening while the ADA price remains near multi-year lows around the $0.26 range.
The chart mainly reflects strong long-term accumulation behavior from large holders. Historically, when whale wallets steadily increase their holdings during weak market conditions, it often suggests growing confidence in the asset’s long-term potential.
ADA Price Tests Key Support as Momentum Indicators Turn Bearish
Despite the aggressive whale accumulation, the Cardano price continues to show signs of short-term weakness as the technical structure begins losing momentum near a crucial support zone. The 4-hour chart shows ADA pulling back after failing to sustain its recent recovery toward the $0.29 resistance region. Interestingly, the broader structure still reflects a parabolic formation, which is generally considered a bullish reversal setup.
The recent rejection near the upper resistance suggests the bulls are struggling to maintain control in the short term. At the same time, the momentum indicators have started to weaken notably. The MACD has turned bearish, and the RSI slipped lower, but both are showing the possibility of a bullish reversal. Therefore, one can expect a healthy rebound if the ADA price holds above the support at $0.26, which does not seem to be a strong one. If it loses, it may revisit $0.24 and later extend the loss to $0.234.
However, if the buyers manage to defend the support, a rise to $0.3 may be possible, surpassing the local resistance at $0.29.
Bitcoin price plunged below the crucial $80,000 mark over the past few hours, triggering fresh uncertainty across the crypto markets. The sharp pullback came amid a combination of rising macroeconomic pressure, weakening market sentiment, and massive derivatives liquidations that accelerated the downside move. After facing repeated rejection near the $82,000 resistance zone, BTC lost key support levels as traders reacted to hotter-than-expected U.S. inflation data and increasing fears of prolonged tight monetary policy.
As the bearish momentum intensified, several market factors aligned simultaneously, fueling the latest correction in Bitcoin price.
One of the major factors that contributed to Bitcoin’s drop below $80,000 was the rising selling activity from short-term holders (STHs). Recent data from CryptoQuant shows that STH loss pressure surged sharply as BTC failed to sustain momentum above the $82,000 resistance zone. As the Bitcoin price faced repeated rejection near local highs, many short-term holders reportedly began selling their holdings near breakeven levels, increasing the overall market supply.
The latest spike in STH loss pressure suggests that weak hands were exiting positions amid growing uncertainty caused by macroeconomic concerns and declining bullish momentum. This additional selling pressure likely accelerated Bitcoin’s downside move below the crucial $80,000 support level. The current trend indicates that recent buyers are becoming increasingly cautious as volatility rises across the crypto market.
Bitcoin ETF Outflows Added More Downside Pressure
Another key reason behind Bitcoin’s latest correction was the sudden slowdown in spot Bitcoin ETF inflows, which weakened institutional buying momentum at a crucial resistance zone. Recent Glassnode data shows that U.S. spot Bitcoin ETFs recorded a noticeable rise in net outflows just as BTC struggled to maintain strength above $80,000.
The chart highlights that ETF inflows remained one of the strongest drivers behind Bitcoin’s recovery rally over the past several weeks. However, the latest decline in net flows suggests that institutional demand started cooling as macroeconomic uncertainty increased and BTC faced repeated rejection near the $82,000 resistance zone.
Bitcoin Faces Another Rejection at the 200-Day Moving Average
Bitcoin’s latest decline below $80,000 came shortly after the price faced another rejection at the 200-day moving average (MA), a level that has historically acted as a major resistance zone during bearish phases. The latest rejection near $82,000 has raised concerns among traders, especially because BTC witnessed a massive correction the last time it failed to reclaim this indicator decisively. A similar rejection earlier in the cycle triggered a sharp 44% correction, pushing BTC from the local highs toward the $60,000 region.
In the current setup, BTC also appears to have broken down from a rising wedge formation immediately after testing the 200-day moving average. This suggests that bullish momentum weakened significantly as sellers defended the resistance zone aggressively. The repeated inability to reclaim the 200-day MA could signal that the market is still lacking strong spot demand despite recent recovery attempts. If Bitcoin fails to regain this level quickly, traders may begin anticipating a broader corrective phase similar to the previous rejection that resulted in a 44% decline.
Bitcoin Price Prediction: Can BTC Hold $75K or Is a Bigger Correction Ahead?
Bitcoin’s rejection at the 200-day moving average has shifted short-term momentum back in favor of the bears. Besides, the ETF inflows weaken, short-term holders increase selling pressure, and macroeconomic uncertainty intensifies. The failure to reclaim the $82,000–$83,000 resistance zone now places the BTC price at a critical technical crossroads.
If Bitcoin continues trading below the 200-day MA, the next major support remains around $75,800, which previously acted as a strong breakout zone. Losing this level could expose BTC to a deeper correction toward $71,500, while an extended sell-off may even drag the price toward the $63,000 region — a level that aligns with the previous consolidation base.
On the bullish side, Bitcoin needs to reclaim and hold above $82,000 to invalidate the current bearish structure. A strong recovery above this resistance could revive bullish momentum and open the doors for a rally toward the $86,000 zone. As long as Bitcoin stays below the 200-day moving average, volatility and downside risks are likely to remain elevated in the near term.
The SUI price is once again showing signs of weakness after failing to sustain above the crucial $1.30 resistance zone. Following a sharp breakout rally over the past few sessions, the token quickly lost momentum and slipped back toward lower support levels. The weakness comes shortly after the highly anticipated SUI Basecamp event in Miami, which was expected to generate stronger bullish momentum for the ecosystem. However, despite the event-driven hype, the broader market response remained relatively muted, with the rally fading quickly after the initial surge.
At the same time, derivatives data now suggests bullish conviction may be weakening as traders begin reducing leveraged exposure around the recent highs. The latest rejection has also increased concerns that SUI could revisit the $1 range if buyers fail to regain control soon.
SUI Faces Strong Rejection Near Key Resistance
The daily chart suggests the SUI price is struggling to sustain its recent breakout rally after facing strong rejection near the $1.32 resistance zone. The token briefly surged above the range with a sharp spike in volume but quickly lost momentum. The price failed to surpass the 200-day MA, which is considered a strong resistance.
Meanwhile, the CMF also plunged after a strong rise, suggesting liquidity is moving out of the platform. The $1 price range serves as a crucial support at the moment, which could be tested as the selling pressure mounts. Besides, the derivatives data are also beginning to reflect weakening bullish conviction.
The derivatives data are also beginning to reflect weakening bullish conviction. Open Interest on SUI futures surged toward the $80 million mark during the breakout rally before cooling down to nearly $68.45 million, indicating leveraged traders are gradually reducing exposure after the failed breakout attempt. Meanwhile, the aggregate funding rate has slipped back toward negative territory near -0.0022%, suggesting bullish sentiment is fading.
The combination of falling Open Interest and weakening funding rates usually signals long liquidation pressure and declining confidence among leveraged bulls.
Can SUI Hold Above $1 as Selling Pressure Intensifies?
Overall, the current market structure suggests the SUI price is entering a critical phase after failing to sustain its breakout above the $1.32 resistance zone. The recent rejection and weakening derivative activity indicate the market may continue flushing short-term leveraged positions before establishing the next directional move.
For the bulls, reclaiming and holding above $1.32 remains crucial to revive momentum and open the path toward the next resistance levels near $1.50 and potentially $1.80. However, if the price continues trading below the resistance while selling pressure intensifies, SUI may revisit the key support near $1.05, extending to $0.90.
BNB has once again overtaken XRP in market capitalization after reclaiming the $91 billion mark, signaling growing strength within the Binance ecosystem. The token has maintained a steady bullish structure over the past few days and is now approaching a crucial resistance zone. While most large-cap altcoins continue to struggle below key levels, the BNB price has remained relatively stable, reflecting sustained buying interest and stronger market confidence.
With the momentum gradually building, traders are now watching whether the price can finally break above $700 and trigger a fresh leg higher.
The weekly chart suggests BNB is gradually recovering after defending the long-term ascending trendline support near the $600 range. The price is now approaching a crucial resistance zone between $700 and $744, which previously acted as a strong rejection area during the earlier correction phase.
Despite the broader market volatility, BNB continues to maintain a higher-low structure on the higher timeframe, indicating the long-term bullish trend remains intact. The recent rebound also hints at weakening selling pressure as bullish momentum slowly returns to the market. Besides, the weekly MACD has undergone a bullish crossover, while the RSI is increasing, suggesting that bulls are in control.
Overall, the current price structure suggests BNB is well-positioned to reclaim the $700 level as the token continues to hold above crucial higher-timeframe support zones. However, the real breakout lies near the $744 zone, and if the rally clears this range, the BNB price may continue to test a higher range. Besides, a rejection may keep the token consolidating below the breakout range for a longer period.
The LINK price continues to trade within a bullish structure after rebounding strongly from the recent lows and holding above a crucial support range near $10. The token has maintained steady upward momentum despite the broader market volatility, fueling speculation of a larger breakout rally toward the higher targets. Meanwhile, on-chain activity has surged sharply in the background, which is the highest level recorded since September 2025.
With the ecosystem growing and a significant rise in the trader’s activity, can the LINK price break out of the consolidation and reach $15?
Chainlink Network Activity Surges to Multi-Month High
The latest Santiment data reveals a massive spike in Chainlink network participation, with more than 282,000 LINK addresses becoming active in a single day. This marks the highest daily address activity recorded since September 2025, highlighting a sharp increase in ecosystem engagement and user interaction across the network.
The sudden surge in active addresses suggests that market participation around Chainlink is accelerating rapidly. Another notable factor is that the address activity spike occurs while LINK continues trading within a bullish structure. This suggests the growing network participation may be supporting the ongoing recovery trend rather than signaling short-term exhaustion.
LINK Price Holds Strong Above Crucial Support
The LINK price continues to maintain a bullish structure after successfully reclaiming the crucial support zone near $10. The daily chart shows the token trading within a rising parallel channel, suggesting the broader recovery trend remains intact despite minor short-term pullbacks. After breaking above the previous resistance range near $9.80 to $10, LINK has now flipped the zone into support while continuing to print higher lows. This suggests buyers remain active during dips, helping the token sustain its upward momentum.
Another important signal is the steady rise in the On-Balance Volume (OBV), which indicates growing accumulation and improving buying pressure alongside the price recovery. At the same time, the RSI continues to hold above the mid-range, reflecting strengthening bullish momentum without entering extreme overbought territory yet.
Currently, the immediate resistance remains near $11, which aligns with the upper boundary of the rising channel. A successful breakout above this range could open the doors for a larger rally toward the next major resistance near $12.50 and potentially the psychological $15 level later this month. However, failure to hold above the $10 support zone may weaken the bullish structure and increase the possibility of a pullback toward the lower channel support of the Chainlink (LINK) price rally near $9.20.
The launch of the first-ever HYPE ETF marked a major milestone for the Hyperliquid ecosystem, attracting market attention and trading activity. Despite the strong attention generated by the first-ever HYPE ETF launch, the Hyperliquid price is beginning to show signs of weakness. The bearish pressure is gradually increasing across the market as the price has failed to sustain above a crucial resistance level.
On the other hand, the momentum indicators also point towards a fading momentum. Does this point towards a short-term correction for the HYPE price rally?
First-Ever HYPE ETF Records Strong Debut Volume
The Hyperliquid ecosystem recently witnessed a major milestone after 21Shares launched the first-ever HYPE ETF, trading under the ticker THYP. According to reports, the ETF recorded nearly $1.8 million in trading volume on its debut day, signaling strong early market participation for a token-linked crypto ETF.
11 employees¹ $900+ million in profit¹ $35B valuation² That’s @HyperliquidX.
ETF analyst James Seyffart reportedly described the launch as “very solid,” noting that THYP performed above the average range typically seen during ETF debuts. The strong initial activity suggests growing institutional and traditional market interest in Hyperliquid and the broader decentralized trading sector.
The launch has also fueled speculation that additional HYPE-related investment products could follow, with Seyffart suggesting Bitwise may potentially launch a HYPE ETF next. If the momentum around these products continues to strengthen, Hyperliquid could gain broader exposure across traditional financial markets, potentially increasing liquidity and long-term investor participation around the HYPE token.
HYPE Price Faces Rising Selling Pressure as Momentum Weakens
The HYPE price is showing signs of growing weakness after failing to sustain itself above the crucial $42 resistance zone. The latest rejection from the upper supply region has triggered increasing selling pressure, pushing the price back toward the short-term support range near $39 to $40. A major bearish signal comes from the lack of strong buying activity near the lower support zones.
Despite the recent pullback, the chart does not show aggressive bullish absorption or high-volume recovery candles near the demand areas, indicating buyers are currently hesitant to step in. Besides, the RSI has broken below its ascending trendline support, confirming weakening momentum after maintaining a bullish structure for several weeks. This breakdown suggests the previous uptrend momentum is fading as sellers gradually regain control of the market.
Key Levels to Watch
Immediate support: $38.80
Major support zone: $35 to $36
Immediate resistance: $42
Major resistance zone: $46 to $47.50
If HYPE fails to reclaim the $42 region quickly, the token may continue correcting toward the lower support zones near $38 and potentially $35.
Can the HYPE Price Hold the Crucial $40 Support?
Overall, the Hyperliquid price remains at a crucial stage after the strong ETF-driven rally. While the launch of the first-ever HYPE ETF has significantly improved market visibility and institutional exposure, the recent price action suggests traders are becoming cautious near the higher resistance zones.
If buyers manage to defend the support near $39 and reclaim the $42 region, HYPE could regain momentum and attempt a fresh rally toward the $46 to $47 range. However, continued selling pressure may trigger a deeper correction toward the lower support zones around $35 before the market attempts another recovery phase.
The Injective price witnessed a massive breakout over the past 24 hours and surged nearly 13%, reclaiming the $5 range. The rally comes amid rising market participation, increasing open interest, and growing bullish momentum across the derivatives market. After weeks of gradual recovery, the crypto is approaching a decisive resistance zone that could determine the next phase of the trend.
The daily chart suggests the token may have confirmed a rounded-bottom recovery pattern after rebounding from the April lows. The latest breakout candle has pushed the price above a crucial resistance level around $5.15. Besides, the volume and open interest have also surged sharply during the move.
The rounded-bottom formation reflects a gradual shift from accumulation to expansion, which is often considered an early bullish reversal signal. At the same time, the sharp rise in open interest suggests fresh leveraged positions are entering the market. Another important signal is the negative funding rate despite the strong price surge. This indicates many traders are still positioned short, increasing the possibility of a short squeeze if the bullish momentum continues.
The breakout above the $5.15 resistance now places INJ near a major supply zone between $6 and $6.20, which previously acted as a strong rejection region during late 2025.
Key Levels to Watch
Immediate support: $5.15
Major support: $4.60
Immediate resistance: $5.50
Major resistance zone: $6 to $6.20
A sustained move above $5.50 could accelerate the rally toward the $6 region, while holding above $5.15 may keep the short-term bullish structure intact.
The latest breakout suggests the Injective (INJ) price may be entering a stronger bullish expansion phase after months of consolidation and recovery. If the bulls maintain momentum above $5.15, the price could continue climbing toward the major resistance zone near $6 and potentially higher in the coming sessions. However, because the rally has turned highly aggressive in a short period, traders may also watch for increased volatility and short-term profit-taking near the overhead resistance levels.
Despite the recent market volatility, the XRP price has continued to trade within a bullish range while approaching a decisive resistance zone. The token is consolidating between $1.43 and $1.47, hinting at the possibility of a breakout toward higher levels. Meanwhile, on-chain data reveals a sharp rise in whale accumulation, reflecting growing confidence among large holders despite the uncertainty across the markets.
This raises a key question: Will the rising whale activity trigger a breakout above the current consolidation range, or will XRP continue to trade below the major resistance barrier?
XRP Whale Wallets Reach Record High Amid Market Uncertainty
The latest on-chain data from Santiment suggests the larger XRP holders are not reacting to short-term market fear but instead continue to accumulate through uncertainty. XRP Ledger wallets holding at least 10,000 XRP have now surged to a new all-time high of 332,230, extending a steady growth trend that has remained intact since mid-2024. Moreover, the price traded well below its previous highs for most of 2026, indicating that the large investors still view the current price range as an accumulation zone.
The chart also highlights a temporary decline of more than 4,500 whale wallets between February 6 and 8. However, the drop appears to align with the broader crypto market crash and liquidation event witnessed during that period rather than any XRP-specific weakness. More importantly, the number of large wallets has since recovered and pushed toward fresh highs, suggesting the broader accumulation trend remains firmly intact.
XRP Price Approaches Key Breakout Zone
The XRP price continues to trade within a tight consolidation range while gradually building bullish momentum beneath a major resistance zone. As seen in the daily chart, the token is attempting to reclaim the descending trendline resistance near the $1.45 to $1.50 range, which has consistently capped the bullish rallies over the past few months.
The Gaussian Channel also appears to be flattening after an extended downtrend, suggesting the bearish momentum is beginning to weaken. Meanwhile, XRP has continued to defend the lower support range near $1.32 to $1.35, forming a series of higher lows that indicate growing buying pressure.
Another bullish signal comes from the RSI, which is holding above the mid-range near 50. This suggests the momentum is gradually shifting in favor of the bulls without entering overbought territory yet, leaving room for further upside expansion.
Currently, the key breakout zone remains around $1.48 to $1.52. A successful daily close above this range could validate a bullish breakout and potentially open the doors for a move toward the next major resistance near $1.60. However, failure to break above the descending resistance may keep XRP trapped within the ongoing consolidation phase for a longer period.
What’s Next for the XRP Price Rally?
Overall, XRP price continues to consolidate below a crucial resistance zone between $1.48 and $1.52 while holding strong above the $1.35 support range. The current price structure suggests that the bulls are attempting to build momentum for a larger breakout.
If XRP breaks and closes above $1.52, the price could rally toward $1.60, with the next upside targets around $1.72 and $1.85. However, failure to clear the resistance zone may prolong the ongoing consolidation, while a drop below $1.35 could shift momentum back in favour of the bears.
The Bitcoin price continues to display remarkable resilience despite the latest US inflation data coming in hotter than market expectations. The flagship crypto remains firmly above the crucial $80,000 support zone even as fresh Consumer Price Index (CPI) data strengthened concerns surrounding prolonged higher interest rates in the United States.
According to the latest economic data, annual US CPI inflation rose to 3.8% in April, slightly exceeding market expectations of 3.7%, while core inflation also remained elevated near 2.8%. The hotter inflation figures briefly pressured equities and broader risk markets, as traders now anticipate the Federal Reserve could delay potential rate cuts further into the year.
However, despite macroeconomic uncertainty, Bitcoin continues to consolidate near its local highs, signalling sustained bullish momentum in the crypto markets. Historically, BTC’s ability to maintain strength during periods of inflationary pressure has often reflected growing institutional confidence and stronger long-term accumulation.
At the same time, market analysts believe Bitcoin’s ongoing consolidation phase could trigger another important development across the broader crypto market—capital rotation into altcoins.
Whales Continue Accumulating Bitcoin While Retail Turns Cautious
Fresh on-chain data from Santiment suggests Bitcoin’s resilience above $80,000 is largely being supported by aggressive whale accumulation. Wallets holding between 10 and 10,000 BTC have collectively added more than 16,600 BTC over the past month, signaling growing confidence among large market participants despite macroeconomic uncertainty surrounding the latest CPI data.
Interestingly, the behavior of smaller retail wallets appears to be moving in the opposite direction. Addresses holding less than 0.01 BTC have slightly reduced their exposure during the same period, reflecting rising hesitation and short-term fear across retail traders.
Historically, such divergences have often acted as strong bullish signals for the broader crypto market. During previous bull cycles, sustained accumulation from whales and sharks while retail sentiment weakened frequently preceded major Bitcoin rallies and stronger altcoin expansions.
The current setup suggests smart money may already be positioning for the next phase of the market cycle while retail participation remains relatively cautious. As long as whale accumulation continues and Bitcoin stays above crucial support levels, the possibility of a broader market expansion and altseason remains elevated.
Will Bitcoin Price Stability Lead to an Altseason?
Historical trends suggest altcoins usually gain momentum once Bitcoin enters a consolidation phase after a strong rally. A similar setup emerged in 2021 when US CPI surged from nearly 5% toward 9%, yet the crypto markets witnessed one of their strongest expansions.
During that phase, TOTAL3 climbed from nearly $400 billion to over $1.3 trillion, while Bitcoin rallied to $69,000 and Ethereum surged beyond $4,800. Now, despite hotter-than-expected CPI data, Bitcoin continues holding firmly above $80,000 while TOTAL3 steadily builds strength. This suggests capital may gradually begin rotating into altcoins once again if BTC maintains stability.
Although the current cycle may not replicate 2021 exactly, the broader market structure indicates Bitcoin’s ongoing stability could once again create favorable conditions for a stronger Altseason in the coming weeks.
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