Bitcoin Builds a Higher Base as the Market Signals Strength, Not Breakdown
The setup in this chart points to one key idea — Bitcoin is trying to turn the mid-$59,000 to low-$60,000 area into long-term support, while slowly rebuilding toward higher price targets over time.
That support zone matters a lot. The chart highlights a major base around $59,499, with price previously finding structure there before moving higher. Even after the recent pullback from higher levels, Bitcoin is still trading well above that floor, which suggests the broader market structure has not been invalidated. In fact, as long as that zone continues to hold, the bigger bullish framework remains intact. Right now, price is sitting around the $68,000-$72,000 region, which looks like a transition area. It is not full breakout mode yet, but it is also not showing the kind of collapse that would shift the long-term trend bearish. This range is where the market seems to be deciding whether it has enough strength to continue climbing. What makes the chart more interesting is the projected path ahead. There is a clear staircase of resistance levels marked above current price: roughly $80,568, $94,478, $106,974, and then $123,949. That creates a roadmap for how a longer-term Bitcoin move could develop. Instead of one straight vertical rally, the chart suggests a pattern of advance, pause, consolidation, and continuation. That is a much healthier structure than a single explosive move with no support underneath it. The white rising trendline reinforces that idea. It shows a steady upward path from the January 2026 low near $59,719, suggesting the market could continue grinding higher as long as it respects that ascending structure. The curved orange path adds another layer, hinting at a stronger acceleration phase later in the cycle if momentum returns more aggressively. In simple terms, the chart is not just bullish — it is structured bullish. That distinction matters. A lot of traders look for instant upside and explosive candles, but long-term bullish markets usually build through repeated tests, recoveries, and higher lows. This chart reflects that kind of behavior. The green projected waves suggest volatility will still be part of the journey, but the bigger path remains upward if support keeps holding. The most important level right now is still the lower support band around $59.5K-$60K. If Bitcoin stays above that area, the market can still argue for a continuation toward the next major resistance zones. If it loses that level, then this whole projection becomes much weaker. For now, though, the message from the chart is fairly clear: Bitcoin is not being shown as a market topping out. It is being shown as a market trying to rebuild for another leg higher. And if that structure plays out, the road toward $80K, $94K, $106K, and eventually $124K stays very much alive. This is the kind of chart that says the bull market may not be finished — it may just be taking its time.
CZ’s Memoir Captures the Defining Rise of Crypto’s Most Consequential Era
Binance founder Changpeng Zhao has released his autobiography, Freedom of Money, which he describes as a first-person account of his life, the founding of Binance, the company’s rise, and the legal fallout that followed. The official release says the book covers his early life, Binance’s launch in 2017, the exchange’s rapid growth, industry crises, and his time in prison. That is what makes this book significant. Crypto has produced plenty of market commentary, interviews, and documentaries, but very few firsthand accounts from a founder who sat at the center of a company as influential — and controversial — as Binance. What started as a startup in 2017 became one of the most powerful platforms in digital assets, and the memoir arrives after years in which Binance was shaped not just by growth, but by intense regulatory scrutiny and a historic settlement with U.S. authorities. CZ previously served a four-month prison sentence after pleading guilty to failing to maintain an anti-money-laundering program, a case that became one of the defining legal moments in crypto’s relationship with regulators. That gives Freedom of Money a weight most founder memoirs do not have. This is not simply the story of building a successful company. It is also the story of what happens when a business grows faster than the rules around it — and when a founder becomes the face of both innovation and accountability at the same time. Bloomberg’s coverage of the memoir notes that the book discusses prison time and earlier relationships across the regulatory landscape, showing that CZ is not presenting the Binance story as a clean victory lap. There is also a broader reason the release matters now. Crypto is no longer in the phase where exchange growth alone defines the industry. The market has matured into something more political, more regulated, and more institutional. In that environment, a memoir like this becomes more than personal branding. It becomes part of the historical record of how one of crypto’s largest empires was built, challenged, and reshaped. The official release says the book is “part memoir and part manifesto,” which suggests CZ wants it read not only as recollection, but as a statement about money, freedom, and the future of financial systems. The biggest takeaway is simple: Freedom of Money is likely to be read as one of the most important insider accounts crypto has produced so far. Not because it ends the debate around Binance or CZ, but because it brings the debate closer to the source. For supporters, critics, and anyone trying to understand how crypto reached this stage, that alone makes the book worth paying attention to.
This chart lines up with the bigger takeaway from Chainalysis: stablecoins are moving from crypto plumbing to real payment infrastructure.
Chainalysis says adjusted stablecoin volume reached about $28T in 2025 and could grow to $719T by 2035 on its baseline path. In a more aggressive scenario that includes generational wealth transfer and broader payment-rail adoption, it says annual volume could approach $1.5 quadrillion.
What the chart is really showing is how that growth might happen:
The dark base layer is the organic growth path. The middle layer reflects added demand from younger investors inheriting wealth. The top orange layer represents stablecoins becoming normal in payments.
The most important point on the graphic is around 2032, where Chainalysis suggests crypto merchant services could reach Visa-scale. That does not mean Visa and Mastercard disappear. It means onchain payments may become large enough to compete with traditional card rails in a serious way.
Why this matters:
Stablecoins already solve a few things the old system struggles with well — 24/7 settlement, faster global transfers, and fewer middle layers. If merchant adoption keeps growing, stablecoins stop being just a trading tool and start becoming everyday money rails.
The big caveat is that this is still a projection, not a guarantee. The upper-end number depends on regulation, user adoption, and payment integration actually showing up at scale. But even the baseline path is massive enough to show the direction clearly.
The simple read:
Stablecoins are no longer a niche crypto product. They are starting to look like a real competitor to global payments infrastructure.
Bitcoin Builds a Higher Base as the Market Signals Strength, Not Breakdown
The setup in this chart points to one key idea — Bitcoin is trying to turn the mid-$59,000 to low-$60,000 area into long-term support, while slowly rebuilding toward higher price targets over time.
That support zone matters a lot. The chart highlights a major base around $59,499, with price previously finding structure there before moving higher. Even after the recent pullback from higher levels, Bitcoin is still trading well above that floor, which suggests the broader market structure has not been invalidated. In fact, as long as that zone continues to hold, the bigger bullish framework remains intact. Right now, price is sitting around the $68,000-$72,000 region, which looks like a transition area. It is not full breakout mode yet, but it is also not showing the kind of collapse that would shift the long-term trend bearish. This range is where the market seems to be deciding whether it has enough strength to continue climbing. What makes the chart more interesting is the projected path ahead. There is a clear staircase of resistance levels marked above current price: roughly $80,568, $94,478, $106,974, and then $123,949. That creates a roadmap for how a longer-term Bitcoin move could develop. Instead of one straight vertical rally, the chart suggests a pattern of advance, pause, consolidation, and continuation. That is a much healthier structure than a single explosive move with no support underneath it. The white rising trendline reinforces that idea. It shows a steady upward path from the January 2026 low near $59,719, suggesting the market could continue grinding higher as long as it respects that ascending structure. The curved orange path adds another layer, hinting at a stronger acceleration phase later in the cycle if momentum returns more aggressively. In simple terms, the chart is not just bullish — it is structured bullish. That distinction matters. A lot of traders look for instant upside and explosive candles, but long-term bullish markets usually build through repeated tests, recoveries, and higher lows. This chart reflects that kind of behavior. The green projected waves suggest volatility will still be part of the journey, but the bigger path remains upward if support keeps holding. The most important level right now is still the lower support band around $59.5K-$60K. If Bitcoin stays above that area, the market can still argue for a continuation toward the next major resistance zones. If it loses that level, then this whole projection becomes much weaker. For now, though, the message from the chart is fairly clear: Bitcoin is not being shown as a market topping out. It is being shown as a market trying to rebuild for another leg higher. And if that structure plays out, the road toward $80K, $94K, $106K, and eventually $124K stays very much alive. This is the kind of chart that says the bull market may not be finished — it may just be taking its time.
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Track my real-time futures trades and performance over time
I’ve been tracking my Binance Futures copy trading performance closely, and the last 90 days have been a strong reminder that consistency matters more than hype.
Right now, the account is showing +123.53% ROI and +617.66 PnL over 90 days. But what stands out even more is the structure behind those numbers. The win rate is 77.78%, with 42 winning positions out of 54 total trades. To me, that shows the results are not coming from one lucky trade, but from a strategy that has been working across multiple setups.
The Sharpe ratio of 2.32 adds another layer of confidence because it suggests the returns have come with solid risk-adjusted performance, not just random volatility. At the same time, I’m not ignoring the 44.17% max drawdown. That number matters. It’s a reminder that futures trading always comes with risk, and even strong performance can include real swings.
That’s why I believe tracking performance in real time is so important. ROI may grab attention first, but metrics like drawdown, win rate, and total positions tell the real story. That’s what serious traders should pay attention to.
I’ll keep sharing the journey as the data develops. Strong numbers are great, but what matters most is whether the performance can remain consistent over time.
After pushing through the $2,100 level, Ethereum is starting to look stronger again in the short term. The chart shows aggressive upside momentum, and this kind of move usually gets attention fast because once ETH reclaims a round number like this, traders immediately start watching for continuation.
What stands out is the speed of the push.
This was not a slow grind higher. It was a sharp move with strong candles, which usually tells you buyers stepped in with conviction. When ETH starts moving like that, sentiment can flip quickly from cautious to bullish.
Now the key question is simple: can ETH hold above $2,100?
If it does, this breakout starts looking more meaningful and traders will begin eyeing higher resistance zones. But if price loses the level quickly, then this could turn into a short-term spike rather than a clean breakout.
For now, though, the message is clear:
ETH reclaimed $2,100, and momentum is back on the bulls’ side.
That is the level the market will be watching now.
Bitcoin is back at $69,000, and the market is reacting fast.
Around $100 million in crypto shorts have been liquidated in just the last 90 minutes, which tells you this move is not just steady buying. It is also forced buying from traders who were positioned the wrong way.
That is what makes moves like this so powerful.
When short liquidations start stacking up, price can accelerate much faster than people expect. Traders who bet against the move are forced to buy back in order to close positions, and that adds even more fuel to the upside. It becomes a chain reaction. Price rises, shorts get squeezed, more positions get liquidated, and momentum builds on itself.
Bitcoin reclaiming $69,000 is important on its own because it puts the market back near one of the most watched levels in crypto. But the liquidation number makes the move even more interesting. It shows that bearish positioning was clearly caught off guard.
This is the kind of environment where sentiment can flip quickly.
A market that looked hesitant a few hours ago can suddenly feel aggressive again. Traders who were waiting for weakness start chasing strength, shorts get punished, and attention comes rushing back into the market.
Of course, sharp liquidation-driven moves can cool off just as fast if follow-through is weak. That is why the next step matters. If Bitcoin can hold this strength and keep pressure on higher, the squeeze may not be over yet.
But for now, the message is simple:
Bitcoin at $69,000. $100 million in shorts wiped out in 90 minutes.
NEW: Charles Schwab is getting ready to offer direct Bitcoin and Ethereum trading,
and that is a bigger signal than it may first appear. Schwab has started publicly promoting Schwab Crypto as “coming soon,” describing it as a new account that will let clients buy and sell Bitcoin and Ethereum. On Schwab’s site, the company says the product will be offered by Charles Schwab Premier Bank, SSB, and invites users to sign up to be notified when trading goes live. That matters because Schwab is not some niche broker testing a side feature. As of the end of February, the firm reported $12.22 trillion in total client assets. In other words, one of the biggest names in traditional finance is moving closer to direct spot crypto access.
Until now, Schwab clients could already get crypto exposure through related stocks, futures, and exchange-traded products. Schwab’s crypto pages highlight access to crypto ETPs and futures, but not direct coin ownership. Schwab Crypto changes that by pointing toward actual buy-and-sell access for $BTC and $ETH inside Schwab’s own ecosystem. The bigger story is what this says about the market. For a long time, traditional brokerages were willing to offer “crypto-adjacent” products while avoiding direct spot trading. That approach let them participate in demand without stepping too far into custody, settlement, and compliance risk. Schwab now looks ready to go a step further. Reuters reported last year that CEO Rick Wurster said the firm planned to offer spot crypto trading for Bitcoin and Ethereum within 12 months, and more recent reporting says Schwab remains on track for a first-half 2026 rollout. That shift matters because it lowers the barrier for a different kind of user. A lot of investors still do not want to open a crypto-native exchange account, manage wallets, or move funds through unfamiliar platforms. But they are comfortable with Schwab. If direct crypto trading appears inside an environment they already trust, that could bring in a fresh wave of participation from investors who were interested in Bitcoin and Ethereum but never wanted the friction of going outside their normal brokerage setup. That is an inference from the product design and Schwab’s existing client base, not a company forecast. Still, it is a reasonable one. It also says something about the direction of regulation. Big firms usually do not move like this unless they believe the policy climate is getting more workable. Schwab’s own educational materials still describe crypto as speculative, but the company is clearly preparing for a market where direct access is no longer treated as off-limits. The takeaway is simple: When a firm with more than $12 trillion in client assets gets ready to launch direct Bitcoin and Ethereum trading, crypto stops looking like a side market and starts looking more like standard financial infrastructure. This is not just another product launch. It is one more sign that the line between traditional finance and crypto keeps getting thinner.
BlackRock’s IBIT now looks more like a competitor to crypto-native venues.
According to Kaiko, BlackRock’s spot Bitcoin ETF now trades around $16 billion to $18 billion a day, putting it close to Binance’s spot market volumes and well above Coinbase’s roughly $6 billion to $8 billion daily activity. Kaiko framed that as a sign that regulated products are beginning to rival traditional crypto infrastructure, not just complement it.
That is a big shift. For years, the common view was simple: if you wanted real crypto liquidity, price discovery, and scale, you went to native exchanges. ETFs were seen as wrappers built mainly for traditional investors who wanted exposure without touching wallets, custody, or direct market structure. IBIT is changing that perception. At these volume levels, it is no longer just a passive access product. It is becoming part of the trading core around Bitcoin itself. What makes this especially important is who it brings into the market. A regulated ETF does not ask investors to open exchange accounts, manage private keys, or move through crypto-specific compliance processes. It fits directly into the structure that institutions, advisors, family offices, and traditional brokerage users already know. That lowers friction in a way crypto-native platforms still cannot fully match for many participants. BlackRock’s own materials describe IBIT as an exchange-traded fund designed to track bitcoin’s price performance within the familiar ETF format. The broader implication is that competition is changing shape. Crypto exchanges still matter enormously. Binance remains one of the deepest liquidity venues in the world, and Kaiko’s own research site says it processes more than $20 billion in daily spot volume across a huge number of trading pairs. But if IBIT is already approaching that scale in a regulated wrapper, then the market is no longer split neatly between “Wall Street products” and “real crypto venues.” The lines are starting to blur. That could have long-term consequences for how Bitcoin trades. If more activity keeps shifting into regulated products, then U.S. market hours, ETF flows, and traditional portfolio positioning may matter even more for short-term price behavior. Kaiko has already highlighted how institutional liquidity is increasingly shaping major repricing events in bitcoin. In other words, the center of gravity may be moving closer to listed products and farther from the exchange-first model that dominated earlier cycles. The key takeaway is simple: IBIT is no longer just offering Bitcoin exposure. It is becoming market infrastructure. And if a regulated ETF can trade near Binance scale while surpassing Coinbase’s activity by that much, then the next stage of crypto market structure may look a lot more hybrid than people expected.