Ethereum layer-2 network Linea has restored its mainnet sequencer after a temporary performance degradation, the team said Wednesday.
According to Linea’s status page, the issue was detected at around 5:52 am UTC. Engineers identified the root cause and deployed a fix less than an hour later, by 6:15 am UTC.
The disruption affected Linea’s mainnet sequencer, which is responsible for ordering and batching transactions on the network. While the nature of the performance issues was not detailed, Linea confirmed on their status page that the problem was identified by 6:15 am UTC and was given a fix almost immediately.
By 6:32 am UTC, the Linea team said it had transitioned into a monitoring phase to ensure stability and evaluate the results. “A fix has been implemented and we are monitoring the results,” the team said.
Cointelegraph reached out to Linea for more information, but did not receive a response by publication.
This is a developing story, and further information will be added as it becomes available.
AAVE price prediction points to $360-370 targets by early October, with analysts forecasting 20-24% upside from current $298 levels despite bearish momentum signals.
AAVE Price Prediction Summary
• AAVE short-term target (1 week): $310-325 (+4-9% from current levels)
• Aave medium-term forecast (1 month): $360-370 range (+20-24% upside potential)
• Key level to break for bullish continuation: $340 resistance
• Critical support if bearish: $295 support, with $280 as secondary support
Recent Aave Price Predictions from Analysts
The latest AAVE price prediction consensus from September 6th reveals cautiously optimistic sentiment across major analytical platforms. CoinCodex leads with the most aggressive Aave forecast, targeting $362.43 based on bullish momentum from 24 out of 28 technical indicators showing positive signals. This aligns closely with CoinCheckup’s $360.95 target, representing a 16.37% increase by October 5th.
More conservative estimates from MidForex ($297-306) and CoinLore ($299) suggest limited upside in the immediate term, while PricePredictions.com stands as a notable outlier with an ambitious $961.64 medium-term target driven by machine learning analysis. The AAVE price target range of $280-370 across various timeframes indicates significant analyst divergence, though the weight of opinion leans bullish for the next 4-6 weeks.
AAVE Technical Analysis: Setting Up for Consolidation Before Breakout
Current Aave technical analysis reveals a mixed but ultimately constructive setup. With AAVE trading at $298.95, the token sits just above the critical $295 support level identified by multiple analysts. The RSI at 46.17 indicates neutral territory, providing room for upward movement without immediate overbought concerns.
However, the MACD histogram at -3.2304 signals bearish momentum in the short term, suggesting potential consolidation or minor pullback before any significant rally. The Bollinger Bands position at 0.23 confirms AAVE is trading in the lower portion of its recent range, typically a constructive setup for mean reversion toward the middle band at $317.79.
Volume analysis shows $30.8 million in 24-hour trading on Binance, which remains below average for significant breakout moves. This supports the consolidation thesis before any major directional move toward analyst targets.
Aave Price Targets: Bull and Bear Scenarios
Bullish Case for AAVE
The primary AAVE price prediction for bulls centers on a break above $340 resistance, which would likely trigger momentum toward the $360-370 zone where multiple analyst targets converge. This represents the token’s approach to its 52-week high of $370.80, with a successful break potentially opening the door to WikiBit’s $370 target and beyond.
Technical support for this scenario includes AAVE’s position above the 200-day SMA at $239.97, indicating the longer-term trend remains intact. The 20.76% gain over the past 30 days provides fundamental momentum, while the current pullback to $298 offers an attractive risk-reward entry point for the anticipated move to $360+.
Bearish Risk for Aave
The bearish Aave forecast scenario activates if AAVE breaks below the $295 support level, potentially triggering stops and accelerating decline toward the $280 level identified by CoinDCX. A more severe breakdown could target the lower Bollinger Band at $283.40 or even retest the $245 strong support zone.
Key risk factors include continued MACD deterioration, broader crypto market weakness, and failure to hold above the 50-day SMA at $299.98. The stochastic indicators at extremely low levels (11.06 %K) suggest oversold conditions, but these can persist longer than anticipated in bearish markets.
Should You Buy AAVE Now? Entry Strategy
Based on current Aave technical analysis, the optimal entry strategy involves staged buying around key support levels. Initial positions can be established at current levels ($298-300) with additional accumulation on any dip toward $295. This approach captures the risk-reward opportunity toward $360-370 targets while maintaining reasonable stop-loss levels.
For those asking whether to buy or sell AAVE, the technical setup favors buying with strict risk management. Stop-loss placement below $290 provides approximately 3% downside risk against 20-24% upside potential to primary targets. Position sizing should remain modest given the mixed short-term signals, with 2-3% portfolio allocation appropriate for most investors.
AAVE Price Prediction Conclusion
The primary AAVE price prediction for the next 4 weeks targets the $360-370 range, representing 20-24% upside from current levels. This forecast carries medium confidence based on analyst consensus and technical indicators suggesting oversold conditions ripe for mean reversion.
Key indicators to monitor include MACD histogram improvement, RSI movement above 50, and most critically, a decisive break above $340 resistance. The Aave forecast timeline suggests consolidation through mid-September followed by upward momentum into early October, with the October 5th timeframe from CoinCheckup analysis appearing realistic for the $360+ targets.
Failure to hold $295 support would invalidate this bullish outlook and shift focus to the $280 bearish scenario, making this support level the key technical line in the sand for the coming weeks.
MYX token soared 1,400% to $18.42 in the past week on Trump-linked listings and other factors.
Analysts warn of red flags warning of price plunging 70–85% next.
MYX Finance (MYX) has exploded nearly 1,400% in a week, climbing to an all-time high of $18.42 on Wednesday.
MYX/USDT daily price chart. Source: TradingView
What is MYX Finance?
MYX is a decentralized perpetual exchange that uses a unique system called the Matching Pool Mechanism (MPM).
Instead of a standard order book or AMM, it matches traders through a shared pool by first taking the opposite side of the trade and then pairing longs and shorts later. The goal is to deliver near-zero slippage, similar to centralized exchanges, but fully onchain.
The platform offers USDC-margined contracts with up to 50x leverage and uses a dual-oracle system for pricing.
Why is MYX token price soaring?
Among the top catalysts that have driven this MYX’s demand higher include a Donald Trump-related event, outsized derivatives activity, and others.
Let’s examine these catalysts in detail.
World Liberty Financial’s (WLFI) token listing
On Sept. 5, MYX Finance announced that it would list the WLFI token, associated with US President Donald J. Trump and his family.
Source: MYX Finance
The MYX token started rallying a day after the announcement, indicating that a high-profile listing on its parent DEX boosted its visibility among speculative traders.
Binance Alpha listing fuels FOMO
MYX’s rally also gained momentum from its top ranking on Binance Alpha’s list of best-performing airdrops and token generation events (TGEs).
It has delivered the strongest returns among recently launched tokens, with early users seeing their allocations surge from around $5.92 per token to over $8,100 in value per user, according to Binance Wallet data published on Tuesday.
At the same time, MYX’s open interest had climbed over $400 million, according to CoinGlass data, thus underscoring surging derivatives activity.
MYX Futures open interest. Source: CoinGlass
The combination of higher accessibility through Binance channels and deeper liquidity across perps markets has amplified retail FOMO and speculative buying, leading to explosive MYX token gains.
Aggressive short squeeze furthers MYX rally
Persistent daily short liquidations have driven MYX’s parabolic rally further higher.
Between Sept. 6 and Sept. 10, traders liquidated $89.51 million in shorts against $23.45 million in longs, according to CoinGlass.
MYX total liquidations chart. Source: CoinGlass
When MYX’s price jumped past $10–$12 and started racing toward $18, many traders who had bet on the price going down (shorts) were forced to buy back quickly to cut their losses.
Because there aren’t many tokens in circulation and lots of people trade with high leverage, those buybacks pushed the price up even faster, sending MYX to new record highs.
Lots of red flags in MYX rally, analysts warn
MYX’s rally is drawing skepticism from market watchers.
For instance, a 39 million token unlock coincided with the price surge, raising fears that early holders used retail demand to exit at inflated levels.
Web3 commentators flagged unusual trading patterns, including daily perpetual volumes as high as $6–9 billion and suspected whale coordination across Binance, Bitget, and PancakeSwap.
Technical indicators also suggest that the rally might be overextended. MYX’s relative strength index (RSI) has spiked to 89–97, signaling extremely overbought conditions.
Similar RSI conditions in August preceded a 60% crash in MYX prices, with the token’s 20-day (green) and 50-day (red) exponential moving averages (EMAs) becoming primary downside targets.
A downtrend of similar proportion can therefore push MYX price down toward the EMA range of $2.72-5.10 in the coming weeks, or 70-85% down from current prices.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Bitcoin is in the middle of a textbook correction phase after all-time highs, Glassnode finds.
For correction to flip to seller exhaustion, BTC price must drop to almost $104,000.
Short-term holders are seeing significant profit changes within the current BTC price range.
Bitcoin (BTC) is showing classic “post euphoria consolidation” as new analysis eyes $104,000 next.
In the Sept. 4 edition of its regular newsletter, “The Week Onchain,” crypto analytics firm Glassnode confirmed the new BTC price “consolidation corridor.”
Bitcoin profit “quantiles” in focus
Bitcoin price action continues to unsettle those who feel that the bull run should already be back.
While gold and risk assets head higher, BTC/USD is stuck in a range between 10% and 15% below its most recent all-time high from August.
“Since the mid-August all-time high, Bitcoin has entered a volatile downtrend, declining to $108k before bouncing back toward $112k,” Glassnode summarizes.
“With volatility rising, the central question is whether this marks the start of a true bear market or simply a short-term contraction.”
To answer that question, researchers looked at the price at which the active BTC supply last moved, dividing it into various “quantiles.”
The 0.95 quantile, which corresponds to the price at which 95% of the supply is in profit, is of particular interest.
“At present, the price trades between the 0.85 and 0.95 quantile cost basis, or in the $104.1k–$114.3k range. Historically, this zone has acted as a consolidation corridor following euphoric peaks, often leading to a choppy sideways market,” The Week Onchain explains.
“Therefore, breaking below $104.1k would replay the post-ATH exhaustion phases seen earlier in this cycle, whereas a recovery above $114.3k would signal demand finding its footing and reclaiming control of the trend.”
Bitcoin supply quantiles. Source: Glassnode
Glassnode notes that the trip to August highs marked Bitcoin’s third euphoric uptrend within the current bull market, and that such moves are by definition unsustainable for long periods.
Speculators bounce between black and red
Other key prices on the radar include the aggregate buy-in level for Bitcoin speculators, also known as short-term holders (STHs).
Defined as entities hodling for up to six months, these wallets traditionally prop up price during bull-market corrections.
Glassnode notes, however, that STH profitability changes quickly within the current price range.
“The percentage of short-term holder supply in profit provides a clear lens on this dynamic,” it continues.
“With the leg down to $108k, their share in profit collapsed from above 90% to just 42%, a textbook cooling-off from an overheated state to a zone of sudden stress.”
Bitcoin STH supply in profit. Source: Glassnode
STHs can react suddenly to their profitability flipping negative, while quickly becoming exhausted from selling at a loss, allowing the market to bounce.
“This pattern explains the recent rebound from $108k back to $112k,” Glassnode adds about the latest BTC price action.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
The AI crypto market is projected to expand from $3.7 billion in 2024 to $46.9 billion by 2034, highlighting the increasing reliance on AI tools like Grok 4 for trading.
Launched in mid-2025, Grok 4 quickly became one of the most visited AI tools, with active users rising by 17%, a trend expected to grow as traders adopt it.
Unlike basic news aggregators, Grok 4 offers real-time news analysis, sentiment evaluation and DeepSearch to filter noise and extract actionable trading insights.
Regulatory updates, tech advancements and market sentiment news are major factors behind crypto price swings, making timely analysis essential for traders.
Trading crypto means dealing with nonstop volatility, and you need tools that can quickly turn headlines into strategy. The AI crypto market itself is on a tear, projected to jump from $3.7 billion in 2024 to nearly $47 billion by 2034.
That’s where xAI’s Grok 4 comes in. The platform has surged in popularity and ranks among the top AI tools as of August 2025. LMArena, for instance, places Grok 4 scores in the top three AI tools across all categories (No. 1 in math, No. 2 in coding and No. 3 in hard prompts). Since its launch in mid-2025, active users have climbed 17%, and that growth is not slowing as more traders lean on it for an edge.
This guide breaks down how to use Grok 4 to sharpen your trading.
Market impact of crypto news
News often triggers sudden price changes in the crypto market. Various types of news shape the market in different ways:
Regulatory news updates: Introduction of new regulations, government crackdowns or exchange-traded fund (ETF) approvals may cause sharp moves in either direction. Such news directly influences investor confidence and the operational viability of crypto businesses.
Tech news: Tech news significantly influences the crypto market thanks to the speculative nature of cryptocurrencies and their close ties to evolving technology. Technological advancements such as network upgrades or security patches tend to boost confidence and adoption.
Market sentiment news: News based on market sentiment, such as influencer social media posts, reflects the overall attitude and psychology of investors. It can rapidly sway investor emotions and play a critical role in influencing the volatile cryptocurrency market. Fear of missing out, or FOMO, among investors can prompt them to buy, driving up demand and prices.
These stories influence cryptocurrency prices by driving volatility, shaping short-term trends and causing sentiment shifts that spread across the market. However, traders face challenges due to the vast amount of information.
With so much information flying around, it’s easy to miss real signals or get caught chasing noise. That’s why traders need smarter, AI-driven tools that can process news and surface what actually matters.
What is Grok 4?
Grok 4 is a sophisticated AI-powered platform designed to transform how traders interact with financial news, especially in the fast-paced crypto market.
Unlike standard news aggregators that only gather headlines, Grok 4 goes further by providing real-time news analysis and sentiment evaluation. It tells you whether the news leans bullish, bearish or neutral (and what that could mean for the market) instead of just showing you the headlines.
Grok 4 uses natural language processing and machine learning to filter out irrelevant information and highlight key stories that could affect trading decisions. Grok 4 stands out because it turns raw news into clear, actionable insights instead of flooding you with endless updates.
How to set up Grok 4 for crypto analysis
You can monitor the latest crypto trends and uncover insights as they occur using Grok 4’s DeepSearch feature and its connection to X.
Here is how to configure Grok 4 for the purpose:
Access Grok 4
There are several ways to access Grok 4:
grok.com: Use the tool for free with limited queries, or subscribe to SuperGrok for higher usage limits.
X platform: Access Grok 4 directly on X with a free or premium account.
Mobile apps: Download the Grok app for iOS or Android for mobile access and voice commands.
Configure for cryptocurrency queries
To get the best results on cryptocurrency topics, use clear and specific prompts. For example:
“What is the latest trend in Bitcoin trading?”
“Summarize recent news about Solana from X.”
Use precise crypto-related keywords and specify if you want information from sources like X posts. Select options to prioritize real-time data and crypto content in settings.
Using DeepSearch mode for detailed analysis
Enable DeepSearch mode for a more thorough news analysis. It’s simple — just click the “DeepSearch” button in the Grok interface on the website or mobile app. This mode performs detailed web searches to gather comprehensive information from reliable sources.
To use it effectively, provide detailed prompts such as:
“DeepSearch: Analyze recent posts on X and web articles about new DeFi regulations.”
Eight-step process to generate trade signals
Here’s the eight-step process for using xAI’s Grok 4 to turn crypto news and data into trade signals you can act on:
Collect news data: Use Grok 4 to monitor crypto news from X posts and web sources. Access Grok 4 on grok.com, the X platform or its mobile apps to collect real-time cryptocurrency news. Filter relevant news using the right keywords, coins or events. You could apply available filters in the Grok 4 interface to highlight the most important news.
Analyze news sentiment: Use Grok 4’s sentiment analysis to gauge market mood using prompts like “Assess the sentiment of recent X posts about Solana.” Grok 4 will examine the tone and context to determine the overall market mood.
Identify signals: Grok 4 classifies sentiments as bullish (positive news, such as partnerships), bearish (negative news, such as bans) or neutral (factual reports). Use this classification to understand potential market shifts.
Cross-reference with market data: Combine news insights with price trends and technical indicators. Merge Grok 4’s news analysis with market data by asking questions like, “Compare Bitcoin news sentiment with its price trend over the past week.” Check this against technical indicators such as the relative strength index (RSI) or moving averages.
Query historical price reactions: Use Grok 4 to query historical price reactions to similar news. Ask Grok 4 questions, such as, “How did BTC price respond to previous halving events?” This helps find historical patterns and forecast potential price movements.
Generate trade signals: Define criteria for buy/sell signals based on Grok 4’s insights. Set up clear rules for trading. For instance, you could set up criteria like “Buy if the sentiment is strongly positive and the price moves above its 50-day moving average” or “Sell if negative news appears alongside a high RSI reading.” Use Grok 4’s analysis to shape these rules.
Validate signals: Enable Think Mode in the Grok interface to have the AI thoroughly assess a signal’s strength. Use a prompt like, “Evaluate how reliable this Cardano buy signal is, based on recent news and price data.” This ensures a deep and reasoned analysis.
Backtest signals against historical data: Use Grok 4 to test signals against past market behavior. Ask it to “Backtest a buy signal for Solana based on positive news against its 2024 price data.” This process checks the signal’s potential effectiveness by comparing it to historical outcomes.
Real-world applications of Grok 4 in crypto trading
Grok 4 gives traders a way to turn crypto news into signals they can actually trade on. Its flexibility shows up across different strategies:
Scalping short-term volatility after breaking news: Traders can profit from sudden price changes caused by events like exchange hacks or whale transactions, entering and exiting trades within minutes.
Swing trading on regulatory announcements: When agencies like the SEC make decisions, Grok 4 identifies the sentiment shift, helping traders capitalize on multi-day price movements driven by policy changes or approvals.
Long-term positioning on macro trends: For broader strategies, Grok 4 filters developments like institutional adoption, central bank digital currency (CBDC) pilots or Bitcoin (BTC) ETFs, indicating opportunities to build or adjust long-term investments.
Risks and limitations of using Grok 4 for trade signals
While Grok 4 can definitely give you an edge by turning news into trade signals, relying fully on AI has its own risks and limitations. Here are the main challenges to keep in mind:
False positives: Occasionally, Grok 4 might overreact to unverified news. Rumors or misleading headlines can generate signals that lead to poor trading decisions.
Speed disadvantage against high-frequency trading (HFT) firms: HFT systems execute trades in microseconds, much faster than Grok 4 or human traders. It can diminish the benefit of acting on news-driven signals.
Combining Grok 4 with technical/fundamental analysis is important: News alone provides an incomplete picture. Integrating Grok 4’s insights with chart analysis, on-chain data, and fundamentals helps reduce noise and improve strategies for better results.
From hype to profit: Trading crypto with Grok 4
So, as you can see, Grok 4 does a pretty decent job letting you turn crypto news into precise trade signals, which in turn, gives you data-backed decisions even when markets get volatile.
In other words, it empowers users to make decisions based on data, even during periods of high market volatility.
The first step is simple: set up real-time alerts. With Grok 4’s integration into X, you get instant notifications on key events like new regulations or token listings.
But speed is not everything. Try and avoid common mistakes such as overreacting to rumors or skimming headlines without context. Instead, lean on Grok 4’s sentiment analysis and DeepSearch to cut through hype and focus on well-supported trends.
For even stronger results, you might want to combine Grok 4 with other tools. Confirm signals with charting software, then use portfolio trackers to balance risk. This approach sharpens accuracy, reduces emotional trading, and helps you build consistency in crypto’s fast-moving markets.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Now, market participants saw the potential for bulls to make a more sustained assault on overhead resistance.
“There we go,” crypto trader, analyst and entrepreneur Michaël van de Poppe wrote in a response on X.
Van de Poppe noted that Bitcoin had reclaimed the 20-day simple moving average (SMA) near $111,500, and had also won back the key $112,000 mark.
“Gold is printing strong new ATHs –> $BTC likely following,” he continued, referencing Bitcoin’s habit of following breakouts on XAU/USD with a slight delay.
BTC/USDT one-day chart. Source: Michaël van de Poppe/X
Fellow trader Crypto Tony, meanwhile, described $113,000 as a suitable entry point.
“Above $113,000 is a long position on the daily,” he confirmed to X followers.
Others were cautious, among them crypto investor and entrepreneur Ted Pillows, who flagged a lack of spot-market interest as a reason to doubt the sustainability of the current local uptrend.
“$BTC is knocking on the door of a high-leverage short position zone,” crypto investor and data analyst CW commented.
Overnight, trading resource Material Indicators forecast that the zone below $115,000 may provide “some friction” for the Bitcoin bulls.
Despite this, it argued, macroeconomic tailwinds — specifically in the form of the US Federal Reserve cutting interest rates next week — should provide a “return to the highs.”
“Don’t let that fool you into thinking that there can’t be another flush to support because that’s ALWAYS a possibility,” it cautioned.
BTC/USDT order-book liquidity data with whale orders. Source: Material Indicators/X
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
US stock exchange giant Nasdaq has reportedly formed a strategic partnership with Winklevoss-founded crypto exchange Gemini to gain access to its custody and staking services.
Gemini has secured Nasdaq as a strategic investor as the company moves forward with its initial public offering (IPO) debut on the stock exchange, Reuters reported on Tuesday, citing sources familiar with the matter.
The crypto exchange expects to raise up to $317 million through the IPO and has arranged for Nasdaq to purchase $50 million in shares via a private placement concurrent with the offering, the sources said.
The investment is part of a strategic partnership that would enable Nasdaq to integrate Gemini’s custody and staking, while Gemini’s institutional clients would have access to Nasdaq’s Calypso platform to manage and track trading collateral.
Nasdaq expands tokenization push
The strategic partnership plans are subject to market conditions and possible changes, as mentioned by the sources.
The report came shortly after Nasdaq announced a major move into tokenized securities, or blockchain-based versions of traditional stocks, on Monday.
The stock exchange filed with the US Securities and Exchange Commission to amend securities rules to enable the trading of securities in tokenized form. Nasdaq argued that such products should be available on established and regulated market players, opposing its “siloed trading venues.” It also expressed concerns over numerous offerings of tokenized US stocks trading in Europe.
Gemini has been operating such an offering in Europe, rolling out tokenized stocks for shares like Michael Saylor’s Strategy (MSTR) locally in June.
“Traditional financial rails are hard to access and in need of modernization,” the company said at the time.
Cointelegraph sought comment from Nasdaq and Gemini but received no response before publication.
A unit of the Chinese fintech conglomerate Ant Group is tokenizing more than $8 billion worth of energy infrastructure on its own blockchain.
Ant Digital Technologies, the enterprise solutions arm of the Jack Ma-backed Ant Group, is in the process of tokenizing 60 billion yuan ($8.4 billion) of power infrastructure on its AntChain network, according to Bloomberg, citing people familiar with the matter.
The company has been monitoring power output and outages from 15 million energy devices, including wind turbines and solar panels across China, and uploading this data to their blockchain, according to the report.
Ant Digital has already completed financing for three clean energy projects using asset tokenization, raising about 300 million yuan ($42 million) total, and its next step will be to issue tokens linked to those assets.
One of the company’s future expansion options is putting tokens on decentralized offshore exchanges to create more liquidity for the assets, but this is subject to regulatory approval, according to the anonymous sources.
Ant already tokenizing energy assets
Ant Digital raised 100 million yuan ($14 million) for energy firm Longshine Technology Group in August 2024, and linked 9,000 of its electric charging units to AntChain.
In December, it secured over 200 million yuan ($28 million) for GCL Energy Technology by connecting photovoltaic assets to its blockchain.
Asset tokenization allows companies to bypass traditional financial intermediaries by issuing digital tokens directly to investors.
This provides several benefits, such as cutting out middlemen like loan officers and underwriters, reducing costs and speeding up funding access, and opening investment opportunities to retail investors typically excluded from infrastructure financing.
In July, it was reported that Ant Group was working with stablecoin issuer Circle to integrate USDC into its blockchain platform.
Meanwhile, the group’s global division, Ant International, has been leveraging infrastructure for cross-border corporate payments and applying for stablecoin-related licenses.
RWA onchain value at record high
Real-world asset tokenization is still a nascent sector; however, onchain value has almost doubled since the beginning of this year, reaching a record high of $28.4 billion this week, according to RWA.xyz.
More than half of this total is tokenized private credit, while just over a quarter of it is tokenized US Treasurys. Ethereum remains the market-dominant chain for tokenizing RWA with a 57% market share.
RWA onchain value has surged this year. Source: RWA.xyz
Bitcoin could rally to $115,000 and then to $120,000, but the upside looks capped in the near term if the whales continue to sell.
Select altcoins look strong and ready to break above their overhead resistance levels.
Bitcoin (BTC) started the new week on a positive note with buyers attempting to sustain the price above $112,500, but the bears are unlikely to give up easily.
Market participants will have to keep a close watch on the whale activity in the next few days. According to CryptoQuant data, whales have sold 114,920 BTC over the past month, the largest whale sell-off since July 2022. Analysts believe continued selling by the whales could cap BTC’s up move for the next few weeks.
On the downside, traders are closely watching the $100,000 level. Popular trader ZYN said in a post on X that BTC had bottomed at the 0.382 Fibonacci retracement level in Q3 2024 and Q2 2025 and that may happen again. ZYN expects the worst-case scenario to be a 10% drop near $100,000, “before a 50% rally above $150,000.”
Another negative for BTC in the near term is that demand from BTC treasury companies continues to fall. Michael Saylor’s Strategy, the world’s largest holder of Bitcoin, acquired roughly 7,714 BTC in August, significantly less than the 31,466 BTC purchased in July.
Other treasury companies bought 14,800 BTC in August, a considerably smaller quantity than their record-high purchase of 66,000 BTC in June.
Could BTC overcome its overhead resistance? Will select altcoins start a new up move? Let’s analyze the charts of the top 10 cryptocurrencies to find out.
S&P 500 Index price prediction
The S&P 500 Index (SPX) made a new intraday all-time high on Friday, but the higher levels attracted profit booking.
The negative divergence on the relative strength index (RSI) suggests that the bullish momentum may be weakening. If sellers pull the price below the 50-day simple moving average (SMA) (6,356), the index could start a deeper correction to the breakout level of 6,147.
On the other hand, if the price turns up from the moving averages, it suggests that the bullish sentiment remains intact. The buyers will then try to start the next leg of the uptrend to 6,700.
US Dollar Index price prediction
Buyers failed to maintain the US Dollar Index (DXY) above the moving averages, indicating selling on rallies.
The bears will try to strengthen their position by pulling the price to 97.10 and then to the critical support at 96.37. Buyers are expected to fiercely defend the 96.37 support because a slide below it may sink the index to the 95 level.
Buyers will have to thrust the price above the 99 level to prevent the downside. If they manage to do that, the index could rally to 100.50 and eventually to the stiff overhead resistance at 102.
Bitcoin price prediction
BTC broke above the 20-day exponential moving average (EMA) ($111,902) on Monday, indicating that the bulls are signaling a comeback.
The BTC/USDT pair could rally to the 50-day SMA ($114,920), where the bears are expected to step in. However, if buyers drive the Bitcoin price above the 50-day SMA, the pair may form a range. The price could swing between $107,000 and $124,474 for a while longer.
Alternatively, if the price turns down sharply from the current level or the 50-day SMA, it shows that the bears are trying to take charge. That increases the risk of a break below the $107,000 support. If that happens, the pair may collapse to $100,000.
Ether price prediction
ETH (ETH) has been trading near the 20-day EMA ($4,351) for the past few days, indicating uncertainty between the buyers and sellers.
The $4,060 level is the crucial support on the downside. A break and close below $4,060 could attract profit-booking from the short-term bulls. That may sink the ETH/USDT pair to $3,745 and later to $3,350.
On the upside, a break and close above $4,500 indicates that the bulls are back in the driver’s seat. The Ether price may then retest the overhead resistance of $4,956. A close above $4,956 opens the doors for a rally to $5,500.
XRP price prediction
XRP (XRP) climbed above the 20-day EMA ($2.90) on Monday, and the price is nearing the downtrend line.
Sellers are expected to defend the downtrend line vigorously because a break above it invalidates the bearish descending triangle pattern. That could trap the aggressive bears, pushing the XRP price to $3.40.
Contrarily, if the price turns down sharply from the downtrend line, it suggests that the XRP/USDT pair may remain inside the triangle for a while longer. The selling could intensify on a break below $2.73.
BNB price prediction
BNB (BNB) turned up from the $840 support on Friday and rose above the $861 resistance on Sunday.
The up move may reach $900, where the bears are expected to mount a strong defense. If the price turns down from $900, but rebounds off the 20-day EMA ($855), it signals a positive sentiment. That improves the prospects of a break above $900. The BNB/USDT pair may then rally to $1,000.
Conversely, if the price turns down from the current level or the overhead resistance and breaks below $840, it suggests that the bulls are rushing to the exit. The BNB price may slump to the 50-day SMA ($824) and, after that, to $794.
Solana price prediction
Solana (SOL) bounced off the 20-day EMA ($201) on Sunday, indicating that the bulls continue to buy on dips.
The bulls are trying to drive the price above the $218 overhead resistance. If they manage to do that, the SOL/USDT pair will complete a bullish ascending triangle pattern. That clears the path for a rally to $240 and then to $260.
Sellers will have to successfully defend the $218 level and quickly tug Solana’s price below the 50-day SMA ($189) to prevent the upside move. The pair may then sink to $175.
The 20-day EMA ($0.22) has started to turn up, and the RSI has risen into the positive territory, indicating a slight advantage to the bulls. Sellers will try to defend the $0.26 level, but the DOGE/USDT pair could reach $0.29 if the bulls prevail. A close above $0.29 suggests the start of a new up move toward $0.44.
The $0.21 level is the critical support to watch out for on the downside. A break below it could sink the Dogecoin price to $0.19 and then to $0.16.
Cardano price prediction
Cardano (ADA) rose above the moving averages on Monday and is nearing the downtrend line of the descending channel pattern.
Sellers will strive to defend the downtrend line, but if buyers pierce the resistance, the corrective phase may be over. The ADA/USDT pair could pick up momentum and rally to $0.96 and subsequently to $1.02.
Instead, if Cardano’s price turns down from the downtrend line, it signals that the pair may remain inside the channel for some more time. The bears will gain the upper hand on a break below the channel’s support line.
Hyperliquid price prediction
Hyperliquid (HYPE) continues to march higher, rising above the $49.88 to $51.19 overhead resistance zone on Monday.
A close above $51.19 signals the completion of a bullish ascending triangle pattern. The HYPE/USDT pair may then resume its uptrend toward the pattern target of $64.25.
Contrary to this assumption, if the Hyperliquid price turns down sharply and re-enters the triangle, it suggests that the bears are active at higher levels. Sellers will have to sink the price below the uptrend line to negate the bullish setup. That could trap the aggressive bulls, pulling the pair to $40.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Not long ago, a $100 bill could cover dinner, a movie and drinks. Today, it might not even be enough for the meal alone — and in another decade, it’s likely to stretch even less. That’s not a fluke of bad luck but a feature of modern monetary systems: inflation is built in.
In a new Cointelegraph video, we examine why money consistently loses value over time, and why governments actually want it that way.
The story begins in 1944 with the Bretton Woods agreement, when the US dollar was tied to gold at $35 an ounce. That link ended in 1971 with the “Nixon Shock,” turning the dollar — and every major currency in the world — into pure fiat, backed only by government trust.
Since then, purchasing power has been on a steady decline: A dollar in 1971 buys what takes more than seven dollars today. Of course, money printing isn’t the only driver. Energy shocks, supply chain disruptions and rising wages also push prices higher.
And while central banks insist inflation at around 2% is “healthy,” the long-term effect is the devaluation of fiat currency. So what does this mean for savers? And is there an alternative to the fiat system?
Some argue gold or Bitcoin (BTC) offer protection because they’re scarce in a way paper money isn’t. Others warn that without flexible money supply, economies would collapse under debt.
The full Cointelegraph video dives deeper into this history, the risks of runaway inflation, and strategies people use to protect their wealth. Check out the full video on our YouTube channel.
