The Crypto Basic

#Shiba Inu is at a market level where smart money often finds it compelling to buy, with strong fundamentals backing a breakout soon.
Notably, the prominent meme coin’s price has recently consolidated within a range, with its next direction seemingly uncertain. While Shiba Inu remains bearish in the short term, technical and fundamental catalysts point to a potential price breakout.
Key Points
Shiba Inu is at a classic accumulation zone, with earlier rapid price fluctuations replaced by a series of short candlesticks.Typically, accumulation zones are areas of interest for smart money.The token has held key support areas, confirming that momentum is building for an impulsive directional move.The RSI remained neutral at 50.28, the daily chart’s MACD has also flattened, and volume has thinned.Breaching the $0.0000060 resistance with strong volume is a high-conviction setup for further upside.
Shiba Inu Holds Support
Analyst Whale Scan noted that Shiba Inu is at a classic accumulation zone. Price volatility has dropped, with earlier rapid price fluctuations replaced by a series of short candlesticks. The token has also consolidated within a price range and has held key support areas, confirming that momentum is building for a subsequent impulsive directional move.
The commentator spotlighted the $0.00000564-$0.00000550 support as crucial, noting that SHIB’s trend above it is positive. While the meme coin has struggled to clear the resistance above $0.0000060, it has remained above support, maintaining the possibility of attempting higher prices in the near term.
Typically, accumulation zones are areas of interest for smart money, offering outsized risk-reward when prices eventually break out. As a result, the analyst claimed that “dip buyers” are loading up SHIB at the current zone in anticipation of the next big move.
Interestingly, on-chain data backs this accumulation narrative, as exchange outflow has increased by a staggering 40.5% in the past 24 hours to 321 billion tokens. This means that after removing deposits from withdrawals across exchanges, a staggering 321 billion SHIB, worth $1.9 million, left these trading platforms to self-custody addresses for long-term holding.

Indicator Overview
The analysis also provided an update on the current trend of key market technical indicators. For context, the relative strength index (RSI) remained neutral, trending between 47 and 52. At the time of writing, it specifically stands at 50.28, leaving room for both upward and downward price action before reaching extreme conditions.
The daily chart’s MACD has also flattened, indicating that the market is nearing a standstill. Although the analyst noted it was bearish, the histogram showed short green bars, indicating it was slightly bullish.

On the other hand, Shiba Inu’s trading volume has thinned, suggesting reduced market participation. This is actually typical of markets in consolidation, as users apply caution while closely monitoring for the start of the next move. Notably, CoinMarketCap shows a 21% increase in 24-hour trading volume to $130 million, but the figure remains well below prior levels.
Shiba Inu Ecosystem Boosts
Furthermore, burn rates have spiked 156% in the past 24 hours, supporting the accumulation zone. 4,101,455 tokens have been incinerated during this period, further driving scarcity for the meme coin.
According to the analyst, the combination of rising burn rate and Shibarium upgrades is driving bullish sentiment across the Shiba Inu ecosystem. These factors would contribute to the projected breakout to higher prices.
Key Levels to Watch
With the support still holding strong and buying pressure increasing, Whales Scan highlighted key resistance levels to watch if an accumulation zone breakout occurs. Per the analysis, breaching $0.0000060 with strong volume is a high-conviction setup for further upsides.
This move opens the way for price rallies to $0.00000650 and $0.00000720, representing 9.7% and 21.6% increases from the current market price of $0.00000592. However, a break below $0.00000550 invalidates this move and poses downward risk for SHIB.
#CryptoNewsFlash

#Cardano is at a point where a directional move seems inevitable, and a recent analysis is projecting an upward breakout in a few days.
Cardano (ADA) has continued to show mixed price action in the past few days as its price enters a consolidation phase. However, the situation could change imminently, with a measured move to multi-month highs the next probable price action.
Key Points
An outlook referred to Cardano as a ticking bomb, ready to explode to higher prices.Interestingly, this analysis predicts that this price expansion will occur this week, as ADA has no other possible price action than a breakout or breakdown.ADA is at the lower boundary of a 4-year horizontal price channel on the weekly chart.A descending trendline has also formed within this channel.Currently, Cardano is close to the channel support at $0.23 and is also compressed at the point where it intersects the descending trendline, suggesting an imminent breakout.The analysis favors a breakout from the descending trendline, targeting $1.20 before the end of the week.
Cardano at Critical Junction
Mintern, the self-acclaimed chief meme officer of Minswap DEX, shared a price outlook from an unidentified “expert trader” in a recent X post. The outlook described Cardano as a ticking bomb, poised to explode into higher prices.
Interestingly, this analysis predicts that this price expansion will occur this week, as ADA has no other possible direction than a breakout or breakdown. Meanwhile, an accompanying chart provides further context.

Per the chart, ADA is at the lower boundary of a horizontal price channel on the weekly chart. Notably, the coin has trended within this structure since January 2022, as the price continued to weaken after making a new all-time high of $3.10 in the previous year.
Cardano dropped from $1.63 to below $0.91 the week of January 17, 2022, but subsequent price action settled near the channel’s top at $1.18. Since then, the coin has shuffled between the upper resistance and lower support.
Make or Break for Cardano
The chart also shows a descending trendline formation within this channel. This dynamic resistance first capped an uptrend in August 2025, with ADA peaking at $1.019. What has followed is downward price action, with multiple lower highs forming near the trendline.
Currently, Cardano is not only close to the crucial support boundary of the channel at $0.23 but is also compressed at the point where it intersects the descending trendline. Such tightening suggests that the altcoin is nearing a breakout for a measured directional move.
Meanwhile, the analysis favors a breakout from the descending trendline to higher prices. It expects the coin to target the upper resistance band of the horizontal channel by the end of the week. This move would take ADA near the $1.20 price level, representing a 380% rally from the current market price of $0.25.
With just two days away from the end of the week, ADA has very limited time to pull off this move, bringing the prediction’s timeline into contention. While a rally to $1.20 remains a viable move for Cardano, according to several other analysts, the current market condition might not permit this explosive price action in such a short time.
Cardano Wrecks Bears Amid Accumulation
In the meantime, ADA is down slightly in the past 24 hours after an attempt to reclaim higher prices stalled at $0.26 on Thursday. Price fluctuations have triggered liquidation events during this period, wiping out $637,590 in ADA positions.
Of these, short positions led by a wide margin, with $502,310 liquidated, while $135,280 in late longs were also affected. However, in the past 4 hours, longs have led the liquidation events, reflecting the current downward price momentum.

Despite the downtrend, ADA whales appear to be taking advantage of the dip. Over the past 24 hours, outflows from exchanges have outpaced inflows, suggesting that holders are accumulating rather than selling amid price weakness. Such events often provide the needed cushion during downtrends and the momentum for a rebound.
#CryptonewswithJack

A long-term #XRP chart pattern is drawing renewed attention, with a breakout from a multi-year consolidation structure sparking optimism.
Notably, XRP is currently testing a key breakout level that could shape the next phase. As such, a successful retest event would ignite an explosive move, potentially pushing prices to unprecedented levels.
Key Points
XRP has just secretly handed enthusiasts the “breakout of the decade” after moving above a long-term symmetrical triangle.The triangle has been forming since the January 2018 peak near $3.35 before XRP broke out in November 2024.Notably, the current setup shows XRP retesting the breakout.The next step after a successful retest is a sustained price expansion, potentially targeting $21.
XRP Breakout from Long-Term Structure
ChartNerd, a widely followed technical analyst, identified this trend in a recent X post. In the analysis, he claimed that XRP has just secretly handed enthusiasts the “breakout of the decade,” citing the asset’s move above a long-term structure.
The accompanying chart shows a large symmetrical triangle that formed over several years before XRP broke out in late 2024. The triangle started taking shape after XRP dropped from the January 2018 peak near $3.35, forming lower highs and higher lows until November 2024, when the Donald Trump-inspired rally forced a breakout.

A strong rally followed this move, eventually peaking at the all-time high of $3.66 in July 2025. Since then, XRP has entered a pullback phase, with price now hovering near the upper region of the former triangle.
Breakout Structure Now Faces Critical Retest
The current setup shows XRP retesting the breakout zone. This area previously acted as a resistance before the breakout, and how the altcoin handles this phase is critical.
Moreover, the structure resembles earlier formations seen in previous cycles. A smaller, symmetrical triangle formed between 2013 and 2017, with the XRP price compressing within it before breaking higher.
In that cycle, it retested the structure’s neckline, and a successful event confirmed the breakout. Consequently, a stronger upward move followed, pulling XRP to the January 2018 high of $3.35.
Currently, XRP is trading at $1.34, up 1.7% in the past seven days. According to the chart, the triangle’s neckline lies near $0.85. This suggests that prices could drop lower to meet this support, aligning with an outlook from CasiTrades. It bears mentioning that XRP does not need to fully touch the symmetrical triangle’s neckline to complete a retest.
XRP Target After Retest
ChartNerd noted that the sequence is clear: a compression within a triangle, followed by a breakout, a retest, and then a sustained move higher. This shows that the next step after a successful retest is a sustained price expansion.
If XRP finds support at the current level and begins to build momentum, it could target unprecedented prices as outlined in the chart. This could see the coin rally to $21, representing a 1,467% increase from the current market price.
Conversely, failure to hold the retest zone would weaken the setup and introduce the possibility of a deeper correction.
#CryptoNewsCommunity

#Cardano is deep in the macro corrective phase, but history shows that this period has usually preceded a turning point for the altcoin.
Indeed, Cardano (ADA) is navigating a prolonged correction, with the price dropping sharply from its peak. The altcoin reached its all-time high of $3.10 in September 2021, but its current price of $0.25 represents a 91.9% decline from that peak.
During this period, sentiments turn negative and interest fades. However, ADA’s price action is now approaching a critical demand zone that could shape its next major move. Despite continued pressure on lower timeframes, the broader structure suggests a possible base is forming if key levels remain intact.
Key Points
Cardano (ADA) is navigating a prolonged correction, with its price dropping 91.9% from the peak of $3.10.On the daily chart, an accompanying chart shows that a descending resistance trendline continues to cap upward movement.While price action appears bearish, higher timeframes show potential accumulation for Cardano.Attention is now on the macro demand zone between $0.13 and $0.18, where ADA is currently testing.Holding above this region would suggest that accumulation may be underway, potentially laying the groundwork for a broader recovery phase.A decisive break below $0.13 would significantly weaken prices and potentially lead to deeper downside.
Cardano Price Declines from Prior Highs
An analysis from CoinCodex discussed Cardano’s current price trend and what could happen next. Currently, its price behavior reflects a sustained downtrend, with ADA consistently forming lower highs and lower lows over several months.
After peaking at $1.019 in August 2025, the coin has steadily dropped, recording declines in every month since. It has fallen by 75% from that peak, demonstrating the strong bear dominance that characterizes bear markets. This type of structure has weighed heavily on sentiment, gradually eroding confidence as repeated recovery attempts have stalled.
Cardano Still Under Pressure on Lower Timeframe
On the daily timeframe, the accompanying chart shows that a descending resistance trendline continues to cap upward movement, reinforcing the bearish tone in the short term. At the same time, technical indicators on the daily chart remain weak.

Momentum has yet to shift decisively, and moving averages continue to slope downward, suggesting that sellers still hold control for now. For context, ADA has failed to decisively break above the 50 MA, currently at $0.26, with attempts earlier in the week failing. It also remains well below the 100 MA at $0.30, reinforcing the bearish structure.
However, while price action appears bearish, zooming out to higher timeframes shows potential accumulation for Cardano. Moreover, its market cap is not in free fall but rather within a range, indicating strength.
Another positive is the recent ADA classification as a digital commodity. Specifically, the US SEC added Cardano to this category, alongside 16 other cryptocurrencies, a move that confirms its legitimacy.
Key Zone That Could Decide Next ADA Move
Attention is now on the macro demand zone between $0.13 and $0.18, where ADA is currently testing. Historically, this range has attracted buying pressure, making it a critical area to watch. Holding above this region would suggest that accumulation may be underway, potentially laying the groundwork for a broader recovery phase.
The accompanying chart shows that holding this support and breaking above the descending resistance opens the way for Cardano to retest the next major resistance around $1.01. This aligns with the 0.236 Fibonacci level and represents a 304% increase from the current market price.
Conversely, a decisive break below $0.13 would significantly weaken prices and potentially lead to deeper downside. As such, how ADA reacts to this zone would likely determine whether it stabilizes or extends its correction.
#CryptonewswithJack

#Shiba Inu is receiving increased attention among market speculators, as evidenced by a spike in OI and an increase in futures flows.
Over the past 24 hours, Shiba Inu (SHIB) derivative data has reflected growing interest, as traders increasingly gain indirect exposure to the meme coin to leverage current and future price moves.
Key Points
The Shiba Inu open interest (OI) has increased by 9.29% in the past 24 hours to $57.33 million, culminating in 9.08 trillion SHIB tokens.Shiba Inu futures flows also confirm this renewed derivative interest, with inflows standing at $11.52 million and outflows at $10.55 million.A surge in OI reflects more than interest; it reflects positive sentiment among traders, especially when a substantial number of their bets are bullish.Shiba Inu is already benefiting from this, following its over 4% rally in the past 24 hours to reclaim the $0.0000060 price level.While futures data looks good, spot holders are providing new selling pressure.
Shiba Inu OI Surges 9%
The Shiba Inu open interest (OI) has increased by 9.29% in the past 24 hours to $57.33 million, culminating in 9.08 trillion SHIB tokens. The OI improved from $52.24 million yesterday and surpassed the weekly high of $54.22 million on Monday, indicating steady futures growth.

Notably, it also marked its largest OI since March 24, when it reached $59.46 million. It further suggests that the earlier caution among traders is waning as the broader market conditions have improved and Shiba Inu has stabilized.
Shiba Inu futures flows also confirm this renewed derivative interest. In the past 24 hours, futures inflows have outpaced outflows, showing a net positive capital movement into SHIB derivatives contracts. 
Inflows stood at $11.52 million and outflows at $10.55 million. The net of $973,700 implies that more futures contracts worth 159.3 billion SHIB were created over the past 24 hours than previously existed.

Possible Implication for Shiba Inu Price
A surge in OI reflects more than interest; it reflects positive sentiment among traders, especially when a substantial number of their bets are bullish. When large amounts of buying pressure come from the futures market, it is only a matter of time before the price moves upward to reflect the demand.
Shiba Inu is already benefiting from this, following its over 4% rally in the past 24 hours to reclaim the $0.0000060 price level. It also took the token above the 50-day moving average, shifting momentum to the bullish side. If futures flow continues to grow, it could push the token’s price higher.
The price trend further took the 24-hour liquidation up considerably to $103,060. Remarkably, $62,920 of these liquidated positions were long, and $40,150 were short.
A similar liquidation spike occurred in the broader crypto market, with $595 million in positions forcibly closed during this period. But in this case, the majority’s $425 million short liquidation accurately reflected the overall price increase.
Spot Holders Sell Into Strength
While futures data looks good, spot holders are providing new selling pressure. The price increase that should typically reassure them of the asset’s price trajectory seems to be fueling sell-offs and profit-taking.
The Shiba Inu spot flow shows that more of the token has entered exchanges than has left in the past 24 hours, suggesting that holders are moving to platforms where selling is easy. For context, inflows of $7.89 million and outflows of $7.37 million resulted in a net of $522,160 in SHIB entering exchanges over the past day.
Unless holders stop selling into strength, Shiba Inu would struggle to sustain an uptrend. How this behavior changes in the coming days will play a crucial role in shaping the meme coin’s price trajectory.
#CryptoNewsCommunity

Treasury Secretary Scott Bessent has urged the Senate to accelerate action on the long-delayed Digital Asset Market Clarity Act and send it to the president’s desk without further delay. 
In a recent WSJ op-ed, he warned that the United States could fall behind in financial innovation if lawmakers fail to establish clear rules for the rapidly expanding digital asset sector.
Key Points 
Treasury Secretary Scott Bessent has urged the U.S. Senate Banking Committee to hold a markup session and advance the Digital Asset Market Clarity Act. He emphasized that the bill should move quickly through the Senate and reach Donald Trump’s desk for final approval. Bessent noted that digital assets have grown beyond an experimental stage and now play a major role in global finance, with one in six Americans owning some form of crypto. Lawmakers are expected to resume sessions after the Easter break, with a potential markup session later this month that could move the Clarity Act to a full Senate debate.
US Must Act Quickly to Keep Financial Innovation
In a tweet today, Bessent reiterated the arguments from his recent op-ed, emphasizing the urgent need to advance the Clarity Act. He noted that the U.S. Congress has spent much of the past decade debating an appropriate regulatory framework for digital assets. 
However, despite years of discussion, lawmakers have yet to finalize legislation governing the broader crypto industry. As a result, Bessent argued that the Clarity Act could deliver the regulatory certainty needed to keep financial innovation within the U.S., rather than pushing it offshore. 
Therefore, he stressed that Congress must act quickly to preserve the country’s leadership in global finance as digital assets move into the mainstream. 

“It Is Time to Advance the Clarity Act to Trump’s Desk”
Bessent also pointed out that cryptocurrencies and blockchain technology now influence payments and settlement systems, and the tokenization of real-world assets. 
Per his analysis, the global digital asset market cap continues to fluctuate between $2 trillion and $3 trillion, with roughly one in six Americans owning some form of crypto. Consequently, he argued that the industry has grown far beyond its early experimental phase.
Given this momentum, Bessent said the U.S. Senate Banking Committee should immediately hold a markup session on the Clarity Act and move the legislation forward to the president’s desk. 
He emphasized that Senate floor time is limited and warned that further delays could leave the United States without the regulatory framework needed to compete in the next phase of global finance.
Banking Committee Markup Still on Hold
For context, the bill passed the U.S. House of Representatives in July 2025 and was later sent to the Senate that year. However, progress stalled in the Senate Banking Committee after disagreements emerged over whether stablecoins should be allowed to offer yield.
The current Senate draft reportedly bans stablecoin yields, a position supported by traditional banking groups. In contrast, several industry participants, including Coinbase, oppose the restriction.
Nevertheless, reports from Crypto in America suggest that banking and crypto stakeholders may have reached a compromise. The report cited comments from Coinbase CLO Paul Grewal, although lawmakers have not yet released full details because Congress remains on Easter recess.
Lawmakers are expected to resume sessions next week. At that point, the Banking Committee could resolve the remaining issues, including the DeFi requirement and token classification, before holding a markup session later this month. 
If the committee advances the bill, it could proceed to the full Senate for debate and a potential vote, bringing the United States closer to its first comprehensive crypto regulatory framework.
#CryptoNewsCommunity

Bitcoin Likely Found Bottom Near $60K, Says Michael Saylor
#Bitcoin could have already established a local bottom near $60,000, according to Michael Saylor.

Speaking at a Mizuho investor event, he emphasized that market bottoms typically form when forced sellers are exhausted rather than when confidence returns.
In particular, Saylor attributed the recent downturn to liquidations among over-leveraged miners and weaker market participants, which intensified selling pressure.
Looking ahead, Saylor also downplayed concerns around quantum computing. He described the risk as distant and manageable, noting that Bitcoin’s open-source structure would allow timely upgrades if threats begin to materialize.
$285M Drift Protocol Hack Triggers Legal Probe
In a separate development, the U.S. law firm Gibbs Mura has opened a class action inquiry following the April 1 breach of Drift Protocol.
The exploit is estimated to have caused losses of approximately $280–$285 million. Investigators are now also examining potential claims involving Circle Internet Financial, after more than $230 million in USDC was reportedly routed through its cross-chain infrastructure without being frozen.
Blockchain analytics firm Elliptic has further linked the attack to a suspected North Korean threat actor group.
Following the incident, Drift’s total value locked (TVL) fell sharply from about $550 million to below $250 million, while its native token declined by more than 40%. In addition, over 20 DeFi protocols have reported indirect exposure to the broader fallout.
JPYC Stablecoin Gains Traction, Polygon Dominates Volume
Meanwhile, Japan’s yen-backed stablecoin JPYC is gaining traction, signaling growing demand for localized digital currencies.
The token, issued by JPYC Inc. in October 2025, has generated $137 million in trading volume over the past six months. During this period, Polygon dominates usage, accounting for 66% of activity ($90.4 million), while Avalanche and Ethereum follow.
Polygon co-founder Sandeep Nailwal highlighted the milestone in a recent X post.

U.S. Treasury Pushes for Clear Crypto Rules
On the policy front, U.S. Treasury Secretary Scott Bessent is pressing Congress to advance a comprehensive crypto framework, referred to as the Clarity Act.
In an op-ed for The Wall Street Journal, he warned that regulatory uncertainty is driving crypto firms offshore.
Specifically, he pointed to jurisdictions like Abu Dhabi and Singapore as more attractive alternatives due to clearer frameworks, cautioning that the U.S. risks losing both innovation and capital without decisive policy action.
Exodus Movement Expands Crypto Holdings in Q1
Elsewhere, Exodus Movement, a U.S.-listed self-custody cryptocurrency company, reported steady growth in its crypto holdings for Q1 2026. 
By the end of March, the company held 628 BTC, reflecting a net addition of 18 BTC.
At the same time, its Ethereum holdings increased to 1,857 ETH, while Solana holdings reached 17,541 SOL. During the period, the firm added 17 ETH and 1,847 SOL, thereby signaling steady accumulation across major assets.
#CryptoNewss

#Cardano engineering arm Input Output Global (IOG) has announced a strategic shift in its development priorities to accelerate the network’s long-term growth. 
Specifically, the organization will halt further work on the Acropolis project and cancel the proposed Tiered Pricing model. Instead, it will redirect resources toward chain abstraction technologies and development aligned with the upcoming Leios scaling architecture.
Key Points
Cardano engineering firm IOG has halted further development of the Acropolis project and the proposed tiered pricing mechanism. The firm will redirect resources toward chain abstraction technologies and development aligned with Ouroboros Leios to accelerate Cardano’s long-term growth. This move will see roughly 4.1 million ADA returned to Cardano’s treasury for community governance allocation. Cardano founder Charles Hoskinson expects Leios to launch this year. 
IOG Cancels Acropolis and Tiered Pricing Development
In a recent blog post, IOG confirmed that it will officially end development of the Acropolis project this month, April 2026. Originally designed as a Rust-based alternative node implementation for the Cardano network, Acropolis aims to increase node diversity and strengthen the ecosystem’s infrastructure.
Notably, the project delivered several milestones, including a Data Node that enables blockchain synchronization in roughly an hour rather than several days. However, IOG concluded that continued development would no longer deliver the greatest value to the ecosystem. 
As a result, the engineering team behind Acropolis will transition to a set of chain abstraction initiatives designed to simplify how developers and users interact with Cardano. 
Meanwhile, IOG has also canceled the proposed Tiered Pricing mechanism. New research tied to the Leios scaling architecture showed that the design could soon become outdated.
Since Leios introduces a fundamentally different model for transaction processing and throughput, the organization believes continuing the Tiered Pricing framework would likely create unnecessary technical debt. 
Notably, IOG founder Charles Hoskinson previously expressed a strong interest in launching Leios this year. He argues that the upgrade could help Cardano achieve the long-standing blockchain trilemma of scalability, security, and decentralization. 

Reallocation of 4.1M ADA Resources
As part of this strategic shift, IOG will return the full 2.7 million ADA allocated for Tiered Pricing development, along with the remaining 1.4 million ADA assigned to Acropolis. In total, 4.1 million ADA will be returned to the Cardano Treasury, where the funds can be redistributed through the network’s governance process.
IOG emphasized that transparency and responsible stewardship of community funds guided the decision. Rather than continuing projects that no longer align with Cardano’s evolving roadmap, the organization chose to halt development and reallocate the resources.
Looking ahead, IOG believes that improving usability and developer accessibility will serve as the strongest catalyst for Cardano’s expansion.
By reducing friction for developers and users alike, the organization hopes to attract more applications, increase on-chain activity, and ultimately drive greater liquidity and economic participation across the ecosystem. 
#Crypto

#Bitcoin continues to move within a bearish technical structure, yet persistent accumulation by Michael Saylor’s Strategy is beginning to challenge that outlook.
Notably, Bitcoin (BTC) remains within a bear flag formation, a setup that typically signals further downside. Under normal conditions, this pattern could indicate a move below the crucial $60,000 support region to new lows.
However, recent market behavior suggests that strong demand from Strategy, the largest Bitcoin treasury firm, may be offsetting this pressure.
Key Points
Bitcoin (BTC) remains within a bear flag formation.Recent market behavior suggests that strong demand from Strategy may be offsetting the pressure.Strategy has added 46,233 BTC to its holdings since March 2, nearly three times the 16,200 BTC miners have produced over the same period.Despite the ongoing bearish setup, a break above the upper boundary of the bear flag around $75,000 would invalidate the bearish continuation pattern.If this occurs, attention could shift toward a projected move between $108,000 and $110,000.
Persistent Strategy Bitcoin Buying Counters Bear Flag
For context, Saylor’s Strategy has added 46,233 BTC to its holdings since March 2. Over the same period, miners produced approximately 16,200 BTC, meaning the firm has absorbed nearly three times the new supply entering circulation. This imbalance has played a key role in stabilizing price action and could tend towards a BTC supply shock if such buying pressure persists. 

Notably, many of the purchases have come in through STRC, Strategy’s perpetual preferred stock with an 11.5% annual return, which it has repeatedly used to raise capital for Bitcoin purchases.
Strategy recently secured $102.6 million through STRC sales last week, contributing to its acquisition of 4,871 BTC worth $330 million. This activity possibly contributed to Bitcoin’s 4.6% growth last week and its strong opening to this week.
Earlier in March, between March 9 and 13, STRC-related funding reached $776 million. This capital supported the purchase of more than 11,000 BTC, contributing to the premier asset’s 12% rally during the same period, despite the S&P 500 dropping 1.6%. BTC ended that week with a 10.3% increase, its highest weekly gain since May 2025.
At the same time, a decline in STRC issuance has coincided with notable pullbacks. In mid-March, when the stock dipped below its $100 reference level, issuance declined, and Bitcon dropped nearly 7%. A similar event in January aligned with the 25% corrections in three weeks from $97,900 to $60,130.
Bitcoin Targets Higher Prices if Breakout Occurs
Despite the ongoing bearish setup for Bitcoin, a move above key resistance could change the outlook. A break above the upper boundary of the bear flag around $75,000 would invalidate the bearish continuation pattern.

If this occurs, attention could shift toward a projected move between $108,000 and $110,000, where the next major resistance level lies. Notably, this scenario mirrors past behavior, including a similar pattern failure observed around Bitcoin’s 2018 bottom.
The asset broke upward from a typically bearish rising wedge in April 2019 after falling into and consolidating within this pattern from November 2018. It bottomed within this pattern with support from the 200-week simple moving average. What followed was a 2,109% price expansion from the lows around $3,124 to the 2021 peak of $69,000.
In the current cycle, the same 200-week MA limited further downside attempts in February, suggesting that a base may be forming. Historically, this level has acted as a bottom during major corrections and could provide the required momentum for the 59% and 62% rallies to reach between $108,000 and $110,000.
#CryptoNewsCommunity

As #XRP struggles to regain momentum, fresh on-chain data shows that most holders are now sitting on significant losses.
The asset is trading around $1.31, down 2.14% on the day. This extends a broader decline that has seen it fall by more than 60% from its July 2025 peak of $3.66.
Recent insights from Santiment reveal that the average XRP wallet active over the past year is down roughly 41% on its holdings. This has pushed the MVRV (Market Value to Realized Value) ratio to its lowest level since the FTX collapse, a period widely associated with extreme market stress and forced capitulation.
Key Points
XRP holders face average losses of 41% as MVRV drops to levels last seen during the FTX market collapse.More than half of XRP’s supply is underwater, with daily realized losses reaching up to $110 million.Persistent selling pressure has kept XRP from recovering, with only 43.4% of supply still in profit.Historically, such deep losses signal a potential bottom, with data pointing to a possible 63% upside ahead.
Deep Losses for XRP Holders
The MVRV metric measures whether traders are in profit or loss, and current levels suggest that XRP investors are deep in negative territory. According to Santiment’s analysis, this goes beyond a simple price drop; it reflects actual realized losses among market participants.
Historically, such deeply negative returns point to what traders describe as a “blood in the streets” phase, when selling pressure begins to run out. Glassnode noted that in zero-sum markets like crypto, this environment tends to reduce downside risk, as a large portion of weaker hands have already exited their positions.
Glassnode Data Confirms Persistent Selling Pressure
Supporting this trend, data from Glassnode shows that more than half of XRP’s circulating supply is currently underwater.
Investors who bought above $2 over the past year have been consistently realizing losses. Specifically, daily realized losses have ranged between $20 million and $110 million since November 2025.

According to Glassnode, only 43.4% of XRP supply remains in profit, marking the lowest level since July 2024. This reflects sustained selling pressure, as holders continue to exit positions at a loss, contributing to XRP’s inability to stage a strong recovery.

Opportunity Zone in Play
Meanwhile, the combination of falling MVRV and declining supply in profit suggests a market reset. While short-term sentiment remains weak, these conditions have historically aligned with late-stage corrections, where long-term investors begin to accumulate.
Notably, Santiment data confirms XRP is now in an “opportunity zone,” which typically occurs when the MVRV ratio falls to around -30%. With the one-year MVRV at -41%, history suggests a potential 63% upside opportunity in the coming months.
Specifically, Santiment noted that the last time XRP’s MVRV ratio reached -41% was in December 2022, which preceded a 63% gain over 4.5 months. If history repeats, today’s XRP dip buyers could become significantly profitable by August. However, this remains uncertain.

Ultimately, XRP’s price remains under pressure, but the data points to a potentially promising setup.
As losses mount and weaker participants exit, the market may be quietly forming a more stable base that could eventually support a recovery when broader conditions improve.
#CryptoNewss

#Bitcoin is pushing back toward the $70,000 level, but fresh on-chain data suggests the move may be running into familiar resistance. 
According to data from Glassnode, Bitcoin’s latest rally toward $70K has triggered a sharp rise in realized profits. As the price approached this zone, realized profit per hour surged above $20 million, implying that many holders are locking in gains rather than expecting an immediate breakout.
This behavior has become a clear pattern since February 2026. Each time Bitcoin trades between $70,000 and $80,000, it encounters thin liquidity and strong selling pressure, effectively capping upward momentum and leading to short-term pullbacks.
In simple terms, traders are treating this range as a profit-taking zone, not a breakout zone at the moment. This may be due to ongoing geopolitical tensions affecting financial markets.
Key Points
Bitcoin nears $70K, but on-chain data shows rising realized profits may limit upward momentum.Traders are taking gains in the $70K–$80K range, creating a short-term profit-taking zone.Whales and sharks face losses, with $200M/day realized, signaling uncertainty among large holders.Geopolitical tensions with Iran and oil price spikes continue to influence Bitcoin’s short-term moves.
Whales and Sharks Show Signs of Stress
While short-term traders are taking profits, larger holders are struggling. Glassnode’s data from April 2 shows that sharks and whales holding between 100 and 10,000 BTC have been realizing losses at scale.
Specifically, the 7-day average of realized losses has climbed above $200 million per day. This type of selling usually signals capitulation, when big investors exit because they’re unsure about the market. It suggests many of them aren’t confident that prices will rise soon.

Geopolitics Impacting Bitcoin Short-Term
Despite these bearish undercurrents, Bitcoin has climbed 3.71% over the past 24 hours to around $69,354. The move follows easing geopolitical tensions, with reports of a potential 45-day ceasefire between the United States and Iran reducing immediate market fears.
When geopolitical risks decline, investors tend to move capital back into risk assets like Bitcoin, which explains the recent bounce.
However, Tehran has rejected the temporary ceasefire. Iran is demanding a permanent end to hostilities rather than a short pause, using its control of the Strait of Hormuz, a critical route for 20% of global oil, to exert leverage.
Oil prices have surged near $110/barrel and could spike higher if the strait remains closed or if strikes occur, affecting inflation and global markets. Stocks typically fall under geopolitical stress, while Bitcoin reacts variably, sometimes dropping with panic and sometimes rising as a hedge.
This ongoing tension explains why Bitcoin holders have been selling on every rebound opportunity over the past several weeks.
BTC Next Move
Right now, Bitcoin is caught between two strong forces. If profit-taking continues at this pace, Bitcoin may struggle to break cleanly into the $70K–$80K range.
However, if macro conditions improve and demand strengthens, a decisive breakout could still happen.
#CryptonewswithJack

#XRP is witnessing a fresh surge in market activity, with trading volumes rising even as price movement remains relatively weak.
The latest data has sparked discussion within the community about whether volume is an early signal of price direction or simply background noise.
Key Points
XRP trading volume surged to $3.8B in 24 hours, driven by strong activity across both spot and futures markets.Open interest climbed to $2.48B, signaling traders are holding positions and showing sustained market engagement.Traders question if rising volume signals price direction or is just noise during consolidation.XRP wallets surpassed 8.1M, highlighting continued network growth even as price remains over 60% below peak.
Volume Surges Across Futures and Spot Markets
According to data from CoinGlass, XRP recorded $3.26 billion in futures volume and $605 million in spot volume over the past 24 hours. This brings total trading activity to $3.86 billion. The figures indicate heightened participation in both derivatives and spot markets.
Alongside this, XRP’s market cap stands at $82.92 billion, with the asset trading at $1.35, reflecting a 3.89% daily gain.
Open interest currently stands at $2.48 billion, indicating that traders are actively maintaining positions, a sign of sustained market engagement.
Among exchanges, Binance leads futures activity with $140.33 million in open interest, followed by Upbit at $111 million and Coinbase at $85 million. This distribution highlights strong participation across both global and U.S. platforms.

XRP Community Debates Volume vs. Price
The spike in activity has triggered debate among traders about the importance of volume in predicting price movements. One market participant argued that volume is largely irrelevant, emphasizing that price action alone determines market direction.
However, community figure X Finance Bull countered this view, arguing that volume often signals intent before price confirms a move. This perspective suggests that rising activity during price consolidation may indicate accumulation or positioning rather than random trading.

Network Growth Still Outpaces Price
This discussion comes amid a trend in which XRP’s fundamentals continue to strengthen despite muted price performance.
Recent on-chain data shows that total XRP Ledger wallets have surpassed 8.1 million. This increase has persisted even as XRP remains significantly below its $3.65 peak from July 2025, currently trading more than 60% lower.
This divergence highlights a gap between adoption and market valuation, suggesting that user participation continues to expand regardless of short-term price weakness.
A further breakdown of wallet distribution shows that the XRP network is still largely driven by retail participants. Millions of wallets hold relatively small balances, while only a small fraction of addresses control large amounts of XRP.
What’s Next?
With trading volume rising, wallet growth accelerating, and price still lagging behind previous highs, investors are closely watching XRP’s price movement.
Some traders see the surge in volume as a sign of early accumulation that could precede a breakout. However, the overall market remains largely cautious amid geopolitical tensions in the Middle East, which continue to weigh on investor sentiment.
Bitcoin briefly reclaimed the $70,000 level today, surging 4% on news of a potential de-escalation in the Middle East conflict. Whether the uptrend will continue and benefit other major altcoins like XRP remains to be seen.
#CryptoNewsCommunity

#Shiba Inu, the second-largest meme coin by market cap, is gaining momentum, as market participation has rekindled in the past 24 hours.
Notably, this has reflected in SHIB’s open interest and trading volume. With the broader crypto market looking stable, analysts are now observing how the price of Shiba Inu will react to these catalysts.
Key Points
Shiba Inu open interest (OI) has increased 2.5% in the past 24 hours to 8.7 trillion SHIB.The OI growth correlates with a 38% spike in trading volume in the past 24 hours to $109.49 million.A breakdown of the volume shows that Shiba Inu’s futures volume has increased 31.8% to $161.07 million and spot volume by 81.67% to $22.6 million.SHIB needs to hold current support levels, particularly $0.0000056 and $0.0000050, to see further upside.
Shiba Inu OI Rises 2.5% to 8.7 Trillion
Data from Coinglass shows that the Shiba Inu open interest (OI) has increased 3.7% in the past 24 hours to 8.7 trillion SHIB. Notably, its dollar valuation stands at $53.86 million.

OI reflects the value of all open futures positions at a given time. The rise in SHIB’s OI signals that speculative bets have increased over the past 24 hours, as traders foresee a notable price shift and are positioning to benefit. In general, it is bullish for the meme coin, as such an uptick usually catalyzes further price moves.
Meanwhile, the futures flow has appreciated, reflecting this increased traction. The indicator shows a net inflow of $663,810, or 110.7 billion SHIB, as inflows of $7.91 million outpaced outflows of $7.25 million.
Trading Volume Spikes 38%
The OI growth has correlated with a 38% spike in trading volume in the past 24 hours. Per CoinMarketCap, it grew to $109.49 million, further reinforcing the growing user participation for Shiba Inu.
A breakdown of the volume shows that Shiba Inu’s futures volume has increased 31.8% to $161.07 million, adding $51.35 million in the past day. The taker buys stand at 50.81%, and the taker sells at 49.19%, suggesting that the futures volume is biased towards further price growth.
Interestingly, the SHIB spot volume saw a comparably higher increase in the same timeframe. It surged 81.67% to $22.6 million. The upsurge implies that spot trading activity has grown considerably in the past 24 hours, with bias still favoring taker buy (51.22%) over taker sell (48.78%).

Rising volume confirms that a price move is backed by strong market participation. When such an increase persists, it provides the momentum for further directional price shifts.
Shiba Inu Rises 4%, but What’s Next?
SHIB has also increased in price along with these metrics. It has risen by 4% to $0.00000604 at the time of writing, in line with the broader market trend.
Notably, the meme coin has stabilized around the current market price after several months of steep decline. As market conditions begin to improve, analysts believe SHIB is slowly entering an accumulation phase.
Recently, the token broke above a descending trendline on the daily timeframe that has suppressed its price for over one month. With bottoming signals forming, momentum is shifting towards a bullish reversal.
However, SHIB needs to hold current support levels, particularly the local demand zones at $0.0000056 and $0.0000050. It also needs to start reclaiming key moving averages. Having reclaimed the 23-day and 50-day MAs, it now targets the 100 and 200 MAs.
The next price target, if upside momentum continues, is the $0.0000065 resistance level. Reclaiming this level with strong volume paves the way for rallies to $0.0000075 and then $0.0000081.
#CryptoNewsFlash