Bitcoin price is showing positive signs above $115,000. BTC is now consolidating and might rise further if it clears the $116,500 resistance zone.

• Bitcoin started a fresh increase above the $115,000 zone.
• The price is trading near $115,000 and the 100 hourly Simple moving average.
• There is a bearish trend line forming with resistance at $116,000 on the hourly chart of the BTC/USD pair (data feed from Kraken).
• The pair might start another increase if it clears the $116,200 zone.

Bitcoin Price Holds Gains

Bitcoin price started a fresh upward wave above the $112,500 zone. BTC managed to climb above the $113,500 and $114,200 resistance levels.

The bulls were able to push the price above $115,000 and $116,000. The price traded as high as $116,743 and recently started a consolidation phase. There was a minor decline below $116,000. The price even spiked below the 23.6% Fib retracement level of the recent move from the $110,815 swing low to the $116,743 high.

Bitcoin is now trading near $115,000 and the 100 hourly Simple moving average. Besides, there is a bearish trend line forming with resistance at $116,000 on the hourly chart of the BTC/USD pair.

Immediate resistance on the upside is near the $116,000 level. The first key resistance is near the $116,200 level. The next resistance could be $116,750. A close above the $116,750 resistance might send the price further higher. In the stated case, the price could rise and test the $117,500 resistance level. Any more gains might send the price toward the $118,500 level. The next barrier for the bulls could be $118,800.

Another Drop In BTC?

If Bitcoin fails to rise above the $116,200 resistance zone, it could start a fresh decline. Immediate support is near the $114,900 level. The first major support is near the $113,750 level or the 50% Fib level of the recent move from the $110,815 swing low to the $116,743 high.

The next support is now near the $113,000 zone. Any more losses might send the price toward the $112,500 support in the near term. The main support sits at $110,500, below which BTC might decline sharply.

Technical indicators:

Hourly MACD – The MACD is now losing pace in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level.

Major Support Levels – $115,000, followed by $113,750.

Major Resistance Levels – $116,200 and $116,500.

XRP Ledger posted the second-largest 30-day increase in tokenized real-world assets (RWA), adding 34.6% to reach $157.4 million, data from rwa.xyz shows. 

Only Aptos outpaced that monthly growth, expanding nearly 57% to $539.3 million, while Ethereum maintained the lead by total value at $7.55 billion, with a 2.4% gain.

Notably, the XRP Ledger is the 10th-largest blockchain by total tokenized RWA value, but it displays the third-smallest number of projects, with six initiatives.

However, this number is set to rise following a recent partnership between Ripple and Brazilian crypto platform Mercado Bitcoin, which aims to tokenize $200 million using the XRP Ledger.

Aptos and XRP Ledger headed the leaderboard by percentage growth. Algorand advanced 21.8% to reach $294.7 million, and Solana added 18.5% to hit $415.0 million. 

Stellar was the only top-ten network to shrink, slipping 5.7% to $467.7 million. Ethereum and ZKsync Era, which account for more than three-quarters of the tracked value, recorded low single-digit moves. XRP Ledger’s share of the indexed market now stands at 1.2%.

Inside XRP Ledger’s tokenization stack

US Treasury debt comprises the largest slice of tokenized value on XRP Ledger at $90.1 million, or roughly 57% of the network’s RWA base. Public equity receipts follow at $55.4 million, with non-US sovereign debt and real-estate tokens contributing $11.9 million and $2.9 million, respectively.

Archax anchors the ledger’s protocol table with $112.1 million across three instruments, equal to 55.6% of on-chain value, while Ondo holds $30.1 million.

Furthermore, token volumes on XRP Ledger are set to widen. The Brazilian exchange Mercado Bitcoin announced on July 4 that it plans to tokenize more than $200 million in permissioned fixed-income and equity-income products on the blockchain. 

According to Ripple, the effort ranks among the most extensive Latin American tokenization campaigns. It builds on Mercado Bitcoin’s record of issuing more than R$1 billion ($182 million) in on-chain private credit assets with zero defaults. 

The exchange will utilize XRP Ledger’s native settlement layer to distribute the instruments across South America and Europe.

Ripple noted that Mercado Bitcoin already uses Ripple Payments for cross-border treasury transfers between Brazil and Portugal and listed the RLUSD stablecoin on its venue earlier this year. 

If completed in full, the new issuance would more than double the ledger’s current RWA capitalization and move the network higher in RWA.xyz’s rankings.

Mentioned in this article

Earlier this month, Coindesk highlighted an increase in demand for $300,000 in Bitcoin listed on Delibit

The Call Option is looking at as one of the most popular bullish plays due to its extremely important June quarter expiration date.

The bet is now the most popular at the expiration of the imminent quarter, bolstering the appeal of traders as a “lottery” who expects a rallies of over $300,000 Bitcoin prices by the end of next month.

According to data source DeLibit, the $300,000 call option was the most popular bet with its June 27th expiration date, bringing the expected open profit of over $600 million, up from $484 million three weeks ago. The expected open profit represents the dollar value of the number of active or open contracts at a given time. In Deribit, one option contract represents one BTC.

“The June $300,000 BTC call option emerged as a strike with the highest open interest (expired June) reflecting on a continuous rise in positions, reflecting aggressive speculative positioning by traders,” Rinchen, Asia head of business development at Delivit, told Koindsk.

“The combination of record-breaking volume and centralized options betting indicates the potential for increased market reliability and increased forward volatility,” Chen added.

DeLibit’s anticipated option open interest reached a record high of $42.5 billion last week. This momentum is reflected in the platform’s newly launched Block RFQ (Quotation Mark Request) system, registering nearly $1 billion in historical records every day.

Call options provide the buyer with what is appropriate, but do not provide an obligation to purchase the underlying asset, BTC, at a predefined price before a certain date. Cole buyers are implicitly bullish in the market.

The $300,000 call expired on June 27 bets that Bitcoin prices will triple up from the current $110,000 to more than $30,000 by the end of the first half.

The first half ends in about four weeks, so the bet sounds quirky. But that’s been the case with Delibit recently, with traders increasingly targeting potential for rising through short-term options.

This is evidenced by a reversal of front-end risk, measuring calls demand related to short-term ones, and is more expensive than those with longer maturities.

Amberdata’s chart shows that the risk reversal is overall positive, indicating a bullish call option bias. However, short calls are more expensive than long calls. The opposite is usually the case.

This trend indicates an increased appetite for fast-paced bullish bets among market participants.

“The 3-Day Bitcoin Conference 2025 is scheduled to start in Las Vegas today, so people are speculating about what new bullish announcements will be released at the event,” Chen explained.

The opposite signal

According to Markus Thielen, founder of 10x research, the growing demand for short-term calls could be the opposite signal suggesting that speculative overload is often seen near the top of the market.

Thielen said the options market has issued a warning and that the seven-day call is trading at PUTS’ 10% premium.

“The options market is flashing warnings. Bitcoin skew measures the difference in implicit volatility between puts and calls, dropping to almost -10%, indicating that calls are priced at much more volatility than puts.

“This suggests that traders are actively chasing downside risk rather than hedging downside risk. In our experience, such extreme skew levels often reflect peak bullish emotions, classic paradoxical signals,” Thielen added.

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Bitcoin is trading slightly above $95,000 as the new week kicks off with rising expectations. After months of volatility and uncertainty, BTC has started to show signs of strength, breaking above the critical $90K mark — a major pivot zone for market sentiment. Bulls are now in short-term control, fueling hopes for a larger recovery rally. However, caution remains high as global trade tensions between the US and China continue to create an unstable financial backdrop.

One of the most notable developments is Bitcoin’s changing behavior relative to US equities. For the first time in months, BTC appears to be decoupling from traditional markets, a shift analysts believe could trigger an aggressive surge if current levels hold. The price action over the next few days will be crucial in defining Bitcoin’s short-term and medium-term trend.

Supporting the bullish case, data from IntoTheBlock reveals a significant increase in short-term traders’ balances last week, pointing to renewed speculative demand. If this trend persists, it could signal that Bitcoin’s latest move is more than just a relief rally, potentially marking the opening leg of a broader uptrend. However, volatility remains high, and bulls must defend key support levels.

Bitcoin Shows Strength but Faces a Pivotal Moment

Bitcoin is now showing solid signs of strength after consolidating around key support levels. After a series of healthy retests at lower demand zones, BTC looks ready to continue its upward trajectory. However, global tensions remain a major threat, and fears of a possible recession could create a difficult environment for risk assets like Bitcoin in the months ahead.

Currently, Bitcoin is entering a critical phase where price action could determine the next few months of market behavior. Bulls are in short-term control after reclaiming important levels like $90K, but the risks of a sharp downturn remain high, as macroeconomic uncertainty continues to dominate sentiment.

Adding to the bullish momentum, IntoTheBlock shared data revealing that Bitcoin saw a significant increase in short-term traders’ balances last week, pointing to renewed speculative demand. This trend is critical because it suggests fresh capital and new market participants are entering the space, fueling the current price action. If this influx persists, it would support the view that the current move is more than just a relief rally, potentially marking the opening leg of a broader, sustained uptrend for Bitcoin.

Nevertheless, caution remains necessary. Overextended leverage, rising volatility, and global economic fragility could quickly reverse sentiment. Bitcoin needs to hold above $90K and ultimately break above $100K to truly confirm the start of a new bullish phase. Until then, traders and investors must remain flexible and alert to both upside opportunities and downside risks.

Bitcoin Tests Resistance As Critical Week Approaches

Bitcoin is trading at $95,200 after several attempts to push higher, testing resistance around the $95K–$96K zone. Bulls are trying to build enough momentum to set a fresh high above $96K, which would further strengthen the short-term bullish structure and open the door for a move toward the highly anticipated $100K level.

However, despite the strong recovery from April lows, a failed breakout at this critical resistance could quickly reverse sentiment. If Bitcoin fails to hold its ground and is rejected from current levels, the price could slip back below the $90K support zone — a level that bulls must defend to maintain control of the trend. A breakdown below $90K would likely signal an extended consolidation phase, or even a deeper retrace toward the 200-day moving average around $88K.

This week will be crucial in determining Bitcoin’s short-term direction. A confirmed breakout above $96K would set the stage for a major rally, while rejection could lead to a volatile retrace. Traders and investors are watching price action closely, as macroeconomic uncertainty and global tensions continue to influence market sentiment and risk appetite across all asset classes.

Featured image from Dall-E, chart from TradingView

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Solana is trading above the $125 mark after bulls stepped in with force, reclaiming critical technical levels and bringing some relief to a market that had been dominated by selling pressure. After weeks of steep declines and heightened volatility, Solana is finally showing signs of strength as buyers return and confidence starts to rebuild.

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The bounce came at a crucial moment, as SOL was on the verge of breaking into lower demand zones following a sharp 47% drop since early March. The shift in momentum has caught the attention of market participants, especially as broader market sentiment begins to stabilize.

Top analyst Big Cheds shared a technical analysis on X, suggesting that Solana has “triggered a long thesis overnight” after reclaiming several key levels on the chart. His comments are fueling speculation that this move could mark the beginning of a broader recovery phase for SOL—provided bulls can hold current levels and build momentum from here.

As traders monitor upcoming resistance and key indicators, the next few days will be crucial in determining whether Solana’s rally has legs—or if it’s just another short-lived bounce in a volatile macro environment.

Solana Surges 40% As Long Thesis Takes Shape

Solana has gained over 40% since last Monday, sparking renewed bullish sentiment and opening a debate among analysts and traders: is this the start of a sustained move higher, or will SOL consolidate around current prices? After weeks of persistent selling pressure, Solana has finally seen a wave of buying interest, bouncing strongly from a $95 low. This bounce marks one of the most aggressive reversals among major altcoins during the recent market correction.

The surge came shortly after US President Donald Trump announced a 90-day pause on reciprocal tariffs for all countries except China, which now faces a 145% tariff. The announcement sparked relief rallies across risk assets, with Solana among the top beneficiaries.

Big Ched’s analysis reveals that Solana triggered a long thesis after successfully reclaiming the $125 resistance level. This move is seen as a breakout confirmation, suggesting that a bullish structure may now be forming.

However, global tensions and trade war fears continue to inject uncertainty into financial markets. For Solana, holding above the $120–$125 support zone will be key in determining whether the recent bounce has staying power—or if further consolidation is in store.

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Price Holds Above Key Moving Averages: Crucial Resistance Awaits

Solana (SOL) is trading at $131 after finally breaking above the 4-hour 200 Moving Average (MA) and Exponential Moving Average (EMA), which sat around $125 and $128, respectively. This move signals a potential short-term trend shift in favor of the bulls, who are now holding some advantage after reclaiming these critical technical levels. The breakout came on strong volume, reinforcing the bullish momentum that emerged from last week’s bounce off the $95 low.

However, for the rally to continue and higher highs to form, SOL must maintain its position above the $125 level and push toward the next major resistance around $146. Reclaiming this level would strengthen bullish conviction and confirm a recovery rally in the broader trend.

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Despite the recent strength, risks remain. If Solana fails to hold above $125, the bullish setup could unravel quickly, and the price may revisit the $100 demand zone. With global market volatility still elevated due to ongoing macroeconomic tensions, traders are watching this support-resistance range closely to determine whether SOL can sustain upward momentum or return to consolidation.

Featured image from Dall-E, chart from TradingView