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Post To Earn BonusBitcoin hits a wall – the chart just challenged the $88,000 bull case Just yesterday, CoinDesk reported that despite lingering war risks, analysts foresee bitcoin rallying to $88,000

Bitcoin hits a wall – the chart just challenged the $88,000 bull case
Just yesterday, CoinDesk reported that despite lingering war risks, analysts foresee bitcoin rallying to $88,000 and higher on the back of several crypto-specific factors, including bullish market flows.

But now, some 16 hours later, the price chart is saying: not so fast.

Bitcoin's price has run directly into one of the most pivotal technical levels – a descending trendline that has been in place since October, when Bitcoin peaked above $126,000. And right on cue, the price has turned lower from the trendline resistance.

What is a descending trendline and why does it matter

A descending trendline is drawn by connecting a series of progressively lower price peaks over time. Think of a ball dropped from a great height: as it bounces, each rebound is lower than the last. Now imagine linking those lower highs with a straight line – that's the descending trendline, capturing the fading strength behind each bounce.

In markets, this reflects diminishing buying power, with sellers increasingly asserting control over price action. The longer the trendline holds, and the more often price turns lower from it, the more significant it becomes, signaling a sustained bear phase.

In bitcoin's case, this particular trendline has been sloping downward since the $126,000 peak in October 2025. That's roughly six months of lower highs and six months of the market telling you: the trend is down.

This is what traders call a textbook bear market trendline.

The rejection

Since early February, bitcoin has rallied from nearly $60,000 to over $71,000. The sounds bullish on the surface, and in isolation, it is. But zoom out, and you will see immediately that this is a recovery rally within the broader downtrend represented by the descending trendline.

That trendline was tested overnight, and since then, prices have turned lower. This is what aficionados of technical analysis call a trendline rej

Bitcoin hits a wall – the chart just challenged th

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XRP is continuing to trade in a tight consolidation phase as broader market uncertainty and risk-off sentiment keep momentum limited. Over the past two weeks, XRP has remained stuck between $1.25 and 

XRP is continuing to trade in a tight consolidation phase as broader market uncertainty and risk-off sentiment keep momentum limited.
Over the past two weeks, XRP has remained stuck between $1.25 and $1.40, down nearly 16% from its March highs, signaling weakening demand despite earlier positive regulatory developments.
Selling Pressure Dominates Short-Term Action
On-chain and market data show sustained distribution pressure:
Whale wallets have reportedly sold around $6 billion worth of XRP since October
Around $160 million in XRP has recently flowed onto exchanges, increasing potential sell pressure
Futures open interest remains muted at $2–$3 billion, far below previous highs near $9 billion
This suggests fading speculative interest and a lack of strong new capital entering the market.
“Sell the News” Reaction to Regulatory Clarity
A major development earlier in March saw U.S. regulators—including the SEC and CFTC—classify XRP as a digital commodity, effectively ending years of legal uncertainty.
However, instead of triggering a sustained rally, the market reacted with a sell-the-news event, as traders locked in profits following the announcement.
This highlights a key theme in the current cycle: good news is being absorbed quickly without sustained upside follow-through.
Technical Outlook Turns Bearish
From a chart perspective, momentum is weakening:
20-day moving average has crossed below the 50-day (bearish crossover)
Price has broken below the $1.43 support level
RSI has slipped into bearish territory
If downside pressure continues, XRP could test:
$1.12 (February low support)
$1.00 psychological level if selling accelerates
Long-Term Bulls Still See Major Upside Potential
Despite near-term weakness, some analysts remain optimistic.
Crypto analyst Ali Martinez argues that XRP may be forming a long-term multi-year structure that could eventually lead to a breakout exceeding 500% upside, if key resistance levels are broken.


XRP Stalls in Range as Selling Pressure Builds, bu

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HTX Community Spring Creation ContestTap Now, Claim Airdrop Tomorrow!Daily BTC Guess: Win 18M HTX!• USD/JPY edged higher on Monday as failure of U.S.-Iran peace talks over the weekend, prompting renew

• USD/JPY edged higher on Monday  as failure of U.S.-Iran peace talks over the weekend, prompting renewed safe-haven demand for the U.S. dollar..• Unresolved geopolitical tensions continue to support the U.S. dollar, although traders remain cautious heading into the weekend.• The U.S. military said it will begin a blockade of all maritime traffic entering and exiting Iranian ports and coastal areas on Monday after weekend talks failed to reach a deal to end the war with Iran, jeopardizing a fragile two-week ceasefire. • Traders are awaiting a speech from Bank of Japan Governor Kazuo Ueda later on Monday which may provide clues about how the central bank will react to the energy shock caused by the Iran war, as the prospect dims of a rate hike at its next meeting ending on April 28.• At the same time, there is a gradual shift in market attention back toward central bank policy signals. Japan’s Trade Minister Yoji Muto Akazawa hinted at potential policy measures that could support the yen and help contain inflation, reinforcing expectations that the Bank of Japan may consider a rate hike at its end-April meeting.   •  Immediate resistance is located at 160.32(23.6%fib), any close above will push the pair towards 160.78(Higher BB).•  Support is seen at 159.22 (SMA 20) and break below could take the pair towards 158.82(38.2%fib ).Recommendation: Good to buy  around 159.60, with stop loss of 158.60 and target price of 159.90  Gold is meant to be a ‘safe haven’ in uncertain times. Why is it crashing amid a war?Wall Street Slides as Iran War Uncertainty, Oil Surge, and AI Fears Rattle MarketsSpaceX IPO Filing Expected This Week as Valuation Could Surpass $75 BillionStagflation Shadows: U.S. Manufacturing Shines as Services Slump to 11-Month LowScarcity and Strife: Bitcoin Hits Historic Milestone Amid Geopolitical TremorsStrategy's Multi-Billion Dollar Bitcoin Accumulatio

• USD/JPY edged higher on Monday  as failure of U.

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Mega Crash Coming' For XRP, Pundit Warns Even Amid $7 XRP Price Outlook A prominent technical analyst warns that XRP may be on the verge of a sharp, potentially severe decline, despite recent fund flo

Mega Crash Coming' For XRP, Pundit Warns Even Amid $7 XRP Price Outlook A prominent technical analyst warns that XRP may be on the verge of a sharp, potentially severe decline, despite recent fund flows.

The analyst highlighted an ascending triangle pattern on the logarithmic scale and stressed that the structure outweighs short-term chatter. The move from the pattern points to an initial non-log target of $4-$7. Longer-term cycle and Fibonacci extensions open the door to $13-$27, with a broader macro repricing scenario that could eventually push the price toward $100.

Yet the immediate setup carries downside risk. The analyst's headline warning of a "mega crash coming" underscores the possibility that a breakdown in the current consolidation could precede any sustained advance, especially if key support levels fail to hold amid broader market volatility.

The caution arrives just after XRP captured the lion's share of last week's rebound in digital-asset investment products. Global crypto ETPs recorded $224 million in inflows, reversing the prior week's $414 million outflow. Switzerland drove the bulk of the buying, contributing roughly $157 million, or about 70% of the total. Meanwhile, Germany and the United States each added around $28 million, and Canada added $11 million.

Mega Crash Coming' For XRP, Pundit Warns Even Amid

A new poll from Hebrew University of Jerusalem shows Israeli public opinion is sharply divided over the U.S.–Iran ceasefire brokered through Pakistan, highlighting growing uncertainty over the region’

A new poll from Hebrew University of Jerusalem shows Israeli public opinion is sharply divided over the U.S.–Iran ceasefire brokered through Pakistan, highlighting growing uncertainty over the region’s future direction.
According to the survey of 1,312 Israeli adults (conducted April 9–10, margin of error 3.2%):
41% support honoring the ceasefire
39% favor continuing military strikes on Iran
19% remain undecided
The results suggest a near-even split in public sentiment, with no clear consensus on how Israel should proceed.
Ceasefire Holds, But Regional Conflict Continues
While the agreement has paused direct U.S. and Israeli airstrikes on Iran, fighting in the broader region remains active.
Clashes between Israel and Hezbollah in Lebanon continue:
Israeli airstrikes on Lebanese territory persist
Hezbollah continues launching rockets into northern Israel
Civilian casualties in Lebanon have risen significantly
Diplomatic efforts held in Islamabad over the weekend failed to expand the ceasefire into a broader regional peace framework.
Public Opinion Shows Hardening Divides
The poll also highlights strong opposition to widening the ceasefire to include Lebanon:
61% of Israelis oppose extending it to the Hezbollah conflict
This stance directly conflicts with key demands emerging in ongoing diplomatic discussions, underscoring the difficulty of achieving a comprehensive regional settlement.
Political Pressure Builds on Netanyahu
The survey also reflects declining political support for Prime Minister Benjamin Netanyahu ahead of Israel’s upcoming election in October.
34% currently prefer him as prime minister
Down from roughly 40% at the start of the conflict
Most polling trends suggest increasing electoral uncertainty as the war continues.
Broader Outlook: Fragile Truce, Unresolved Conflict
Despite the ceasefire, Israeli officials reportedly believe that a wider, multi-front regional conflict remains a real possibility.


Israel Poll Reveals Deep Split Over Iran Ceasefire

American mining company Foundry, a subsidiary of Digital Currency Group, has officially launched a new mining pool business based on Zcash. The company currently holds approximately 31% of the Bitcoin

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Third-party AI routing services are exposing users to significant security flaws that could result in the theft of cryptocurrency and cloud credentials. Summary Researchers found that 26 third-party L

UC researchers warn third-Party AI routers are stealing crypto and private keys Evasion tactics and 

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On April 13, it was reported that at the end of March, the broad money supply (M2) balance was 353.86 trillion yuan, an increase of 8.5% year-on-year. The narrow money supply (M1) balance stood at 119

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HTX Community Spring Creation ContestTap Now, Claim Airdrop Tomorrow!Daily BTC Guess: Win 18M HTX!XRP ETFs hit two-month highXRP stalls below $1.35 Advertisement XRP has just achieved its biggest ETF 

XRP ETFs hit two-month highXRP stalls below $1.35 Advertisement XRP has just achieved its biggest ETF inflow as institutional demand appears to have returned after its recent price rally, sparking optimism across the crypto market.The last 24-hour trading session saw all existing XRP funds collectively attract about $9 million in new capital. While this appears relatively low, it is the highest daily inflow recorded since Feb. 6, 2026.XRP ETFs hit two-month highAccording to data from SosoValue, the large single-day inflow, seen on April 10, has driven a stronger weekly report for the XRP ETF ecosystem. HOT Stories XRP Facing Extreme Levels of FUD Bitcoin (BTC) Paints Double Top Formation, XRP's Volume Hints at Weakness of Bears, Ethereum's Most Bullish Picture Recently: Crypto Market Review Following the resurgence in institutional demand for the XRP-based investment product, XRP ETFs have recorded $11.75 million in inflows over the past week. Advertisement While this resurgence was preceded by multiple weeks of extremely low performance, this inflow saw XRP record its strongest ETF week since Feb. 6, 2026. You Might Also Like Mon, 04/13/2026 - 05:16 XRP Facing Extreme Levels of FUD ByAlex Dovbnya As such, the XRP ETF market has just achieved a two-month high in inflows following the wave of fresh capital poured into the funds at the end of the week. Advertisement The surge in capital intake was mostly fueled by the Bitwise XRP ETF as it continues to dominate the market with larger inflows, compared to its peers.Further data revealed that the strong inflow seen during the last trading session was fueled by the XRP ETFs offered by Bitwise and Franklin Templeton alone. Other funds remained dormant, recording zero ETF flow for the day.XRP stalls below $1.35Despite the recent rally seen during the past weekend, XRP continues to hover below the $1.35 mark, sparking con

XRP ETFs hit two-month highXRP stalls below $1.35

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又一只体型巨大的“某鱼”浮出水面。据链上数据：2小时前，一地址解梓压133万枚SOL（约2.21亿美刀），随后迅速通过FalconX将38万枚SOL（约6330万美刀）送入交易所。目前该地址仍握有95万枚SOL未动，价值约1.58亿美刀。

又一只体型巨大的“某鱼”浮出水面。

2小时前，一地址解梓压133万枚SOL（约2.21亿美刀），随后迅速通过FalconX将38万枚SOL（约6330万美刀）送入交易所。目前该地址仍握有95万枚SOL未动，价值约1.58亿美刀。 

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美国5月份CPI数据

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<img src="https://d1x7dwosqaosdj.cloudfront.net/images/2025-06/2488d444cda941a5995ba4af1d793524.png" style="width:100%;height:auto"/><img src="https://d1x7dwosqaosdj.cloudfront.net/images/2025-06/f7c3bf86025641b086b451b07e278bc7.png" style="width:100%;height:auto"/>又一只体型巨大的“某鱼”浮出水面。据链上数据：2小时前，一地址解梓压133万枚SOL（约2.21亿美刀），随后迅速通过FalconX将38万枚SOL（约6330万美刀）送入交易所。目前该地址仍握有95万枚SOL未动，价值约1.58亿美刀。 <a href="holigeit://open/v1?url=ihuobiglobal://m.hbg.com/content/topicDetail?topicId=538" target="_blank" rel="noopener noreferrer">#火币一姐第三季全球选拔赛盛大开启！#</a><a href="holigeit://open/v1?url=ihuobiglobal://m.hbg.com/content/topicDetail?topicId=546" target="_blank" rel="noopener noreferrer">#美国5月份CPI数据#</a><a href="holigeit://open/v1?url=ihuobiglobal://m.hbg.com/content/topicDetail?topicId=545" target="_blank" rel="noopener noreferrer">#火币全民健身上火星#</a>

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2亿级别巨鲸解梓压，63万枚SOL打到交易所，这一动作透露啥信号？

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2亿级别巨鲸解梓压，63万枚SOL打到交易所，这一动作透露啥信号？

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