Sui and Litecoin among altcoins looking for a fresh breakout

As other coins line in this category amid gains for Bitcoin, a new layer-2 solution for the OG blockchain is getting massive traction.

While 2025 momentum saw a slight derailment with major dumps for Bitcoin and other coins, the broader crypto market is experiencing a bullish surge. BTC is looking to break to $100,000, with analysts pointing to a flip in sentiment as key.

According to analysts at QCP Group, the recent rally to above $90k appears healthier than previous cycles. Largely, the upside is driven by TradFi adoption rather than speculative leverage, with Spot bitcoin ETFs having recorded an impressive $3.1 billion in inflows over six straight days.

Significant, too, is that perpetual funding rates remain flat to slightly negative, signaling sustainable growth. This supports continuation and despite macro factors such as tariffs and earnings, the long-term picture is bullish.

Recently, though, the narrative appears to be shifting. Having hit a high of $93k on July 28, 2025, the cryptocurrency encountered selling pressure, pulling back to lows of $86k on August 13, 2025.

Healthy correction or bearish reversal?

After a period of consolidation, optimism towards bitcoin appears to be waning. This is evident in the decreasing volume on the cryptocurrency exchange, which saw a significant decline from $20 billion on July 24 to $10 billion on August 14, 2025.

As the cryptocurrency faces selling pressure, it appears that traders are becoming less interested in engaging in further price action.

However, the cryptocurrency managed to bounce back, rising to levels above $90k again. This suggests that sellers are eager to sell, but buyers are stepping in to prevent the price from falling further.

The fact that the cryptocurrency is managing to hold above key support levels amid this selling pressure is a positive sign. It indicates that the bullish trend is still intact and that sellers are not yet in complete control.

Overall, the technical analysis suggests that the cryptocurrency could be due for a move to the downside. However, the strong institutional inflows and the healthy macroeconomic environment suggest that any pullback could be limited.

The cryptocurrency is likely to continue trading in a sideways range in the short term, with traders awaiting a clear breakout or breakdown to indicate the next major move.

The post Bitcoin faces selling pressure as traders pull back appeared first on Chain Shot.

While 2025 momentum saw a slight derailment with major dumps for Bitcoin and other coins, the broader crypto market is experiencing a bullish surge. BTC is looking to break to $100,000, with analysts pointing to a flip in sentiment as key.

According to analysts at QCP Group, the recent rally to above $90k appears healthier than previous cycles. Largely, the upside is driven by TradFi adoption rather than speculative leverage, with Spot bitcoin ETFs having recorded an impressive $3.1 billion in inflows over six straight days.

Significant, too, is that perpetual funding rates remain flat to slightly negative, signaling sustainable growth. This supports continuation and despite macro factors such as tariffs and earnings, the long-term picture is bullish.

Recently, though, the narrative appears to be shifting. Having hit a high of $93k on July 28, 2025, the cryptocurrency encountered selling pressure, pulling back to lows of $86k on August 13, 2025.

Healthy correction or bearish reversal?

After a period of consolidation, optimism towards bitcoin appears to be waning. This is evident in the decreasing volume on the cryptocurrency exchange, which saw a significant decline from $20 billion on July 24 to $10 billion on August 14, 2025.

As the cryptocurrency faces selling pressure, it appears that traders are becoming less interested in engaging in further price action.

However, the cryptocurrency managed to bounce back, rising to levels above $90k again. This suggests that sellers are eager to sell, but buyers are stepping in to prevent the price from falling further.

The fact that the cryptocurrency is managing to hold above key support levels amid this selling pressure is a positive sign. It indicates that the bullish trend is still intact and that sellers are not yet in complete control.

Overall, the technical analysis suggests that the cryptocurrency could be due for a move to the downside. However, the strong institutional inflows and the healthy macroeconomic environment suggest that any pullback could be limited.

The cryptocurrency is likely to continue trading in a sideways range in the short term, with traders awaiting a clear breakout or breakdown to indicate the next major move.

The post Bitcoin faces selling pressure as traders pull back appeared first on Chain Shot.