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Cryptocurrency News Articles
Bitcoin (BTC) price analysis: After hitting a new all-time high, the cryptocurrency has entered a consolidation phase.
May 26, 2025 at 05:08 pm
BTC is trading at approximately $109,746 as of May 26, 2025, showing a 2.36% increase over the past 24 hours.
Bitcoin (BTC) is trading at approximately $109,746, showing a 2.36% increase over the past 24 hours. After hitting a new all-time high of $111,970 on May 22, the cryptocurrency has entered a consolidation phase, moving within a tight intraday range between $106,801 and $110,085.
The global crypto market capitalization has reached $3.46 trillion, with Bitcoin retaining its dominant share.
A key factor supporting Bitcoin’s current strength is sustained institutional interest. Spot Bitcoin ETFs recorded inflows of $934 million on May 22 and $608 million on May 21, signaling strong investor confidence. In parallel, the recent formation of the U.S. government’s Strategic Bitcoin Reserve has provided regulatory clarity and further legitimized Bitcoin as a strategic asset class.
Bitcoin: Technical levels to watch
On the technical front, Bitcoin is finding support near the $107,000 level, with immediate resistance identified around $112,000. The emergence of a “Golden Cross”—a 50-day moving average crossing above the 200-day moving average—is also a bullish indicator, suggesting potential for further upward movement.
Analysts predict that if bullish momentum holds, Bitcoin could aim for $113,000 in the near term. However, they caution that macroeconomic volatility, including geopolitical developments and central bank policy shifts, could introduce short-term headwinds.
As market dynamics evolve, traders are advised to watch ETF flows and key support/resistance levels closely. Platforms such as CoinMarketCap and TradingView provide real-time data and analysis for those monitoring Bitcoin’s next move.
Ethereum shows strength as price approaches $2,700
Ethereum (ETH) is trading at approximately $2,569.41, reflecting a 3.58% gain over the past 24 hours. The asset has moved within a range of $2,479.47 to $2,586.22 today, following a recent high of $2,731.76 on May 23.
The broader crypto market has shown resilience, with a total capitalization of $3.44 trillion. Ethereum remains a key player, bolstered by strong network fundamentals and investor interest in decentralized finance and Web3 infrastructure.
Ethereum is currently exhibiting an inverse head-and-shoulders pattern—widely considered a bullish indicator. Technical analysts suggest that if ETH breaks above the $2,700 resistance level, a push toward the $3,000 mark could follow in the short term.
However, some on-chain indicators, such as the Taker Buy-Sell Ratio, show a mild decline, hinting at potential short-term selling pressure. Support levels are seen around $2,200, providing a buffer against potential dips.
With rising U.S. Treasury yields and ongoing geopolitical uncertainties, Ethereum is increasingly viewed as a strategic hedge. Investors are diversifying into crypto assets like ETH as traditional markets remain volatile.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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