The-Trend

"In the wild world of crypto, every dip is a chance to rise higher—hold steady, for the blockchain never sleeps."

$BSB is consolidating inside a symmetrical triangle after a strong rally. Price is currently testing lower support with short-term bearish momentum.

Support: 0.48 – 0.46
Resistance: 0.55 – 0.70

A breakout above resistance could trigger another rally, while a breakdown below support may send price toward 0.40. A major move is likely approaching.

$GALA is trading near the end of a long-term falling wedge pattern, a setup often linked to bullish reversals. Price compression suggests selling pressure is weakening, and a breakout above resistance could trigger a strong rally toward higher levels. However, failure to break out may continue the broader downtrend.

BIG WEEK AHEAD FOR MARKETS

Key economic events this week could drive major volatility across stocks and crypto $BTC

• MON — Existing Home Sales
• TUE — CPI Inflation Data
• WED — PPI Inflation + OPEC Report
• THU — Retail Sales
• FRI — Industrial Production + Fed Chair Jerome Powell’s final day

Markets will be closely watching inflation and consumer data for clues on interest rate direction, while energy markets could react sharply to the OPEC report.

Expect heightened volatility throughout the week.

$C98 is trading inside a long-term falling wedge pattern on the weekly chart, signaling possible trend reversal after years of decline. The price is holding near major support around $0.02 while bearish momentum weakens.

A breakout above the descending resistance could trigger a strong recovery toward higher resistance zones, but confirmation is still needed since the breakout has not happened yet.

Toncoin ( $TON ) is consolidating inside a symmetrical triangle on the 4H chart after a strong rally. The price is nearing a breakout point, with bulls still holding a slight advantage.

Bullish breakout targets: $2.65–$3.00

Bearish breakdown targets: $2.35–$2.00

The next move outside the triangle will likely determine TON’s short-term trend.

Altcoins were hit hardest during the recent market correction, with the Total3 index losing over $544B in market cap. However, sentiment may be starting to shift, as around $125B has flowed back into the altcoin market since early February.

Despite the recovery, many traders remain bearish. On Binance, $XRP funding rates have stayed negative for nearly three months the longest bearish stretch in recent history even while XRP gained 27% during that period.

Historically, extreme bearish positioning after major corrections has often preceded strong reversals, similar to April 2025 when XRP rebounded from $1.25 and later rallied 126%.

Bitcoin reserves held by OTC desks have fallen to a new all-time low of just 142,000 $BTC down from around 550,000 $BTC in September 2021.

OTC desks are commonly used by institutions and large investors to buy Bitcoin privately without heavily affecting market price. Despite ongoing inflows, demand continues absorbing available supply.

If OTC liquidity keeps shrinking, large buyers may eventually be forced to purchase directly on exchanges, potentially increasing upward price pressure on Bitcoin.

$DOGE remains bullish on the daily chart, holding above a rising support trendline. The price is facing resistance around $0.11 - $0.12 and may see a short-term pullback toward $0.09–$0.095 before attempting another breakout. If support holds, DOGE could rally toward the $0.14 area.

$ZEC Hope you did fade this!!!
It's up more than 10% after posting the price chart set up today!

$EIGEN is showing signs of a possible long-term bottom after months of downtrend. Price is consolidating near key support around $0.20 while approaching a major descending resistance line. A breakout could trigger a strong recovery toward higher resistance zones, potentially around $2, while failure to hold support would keep the bearish trend intact.

$ZEC on the 4hr price chart is consolidating inside a symmetrical triangle after a strong rally, signaling a potential breakout soon.

A break above the resistance level will give way for a target of $600-$620+ or $700

And a break below the support level will bring back a Bearish move towards $540–$520

The overall trend remains bullish unless support breaks.

$BTC is seeing its fastest drop in holders in nearly 2 years, with 245,000 wallets exiting over the past 5 days, according to Santiment.

Historically, this kind of capitulation has often occurred just before major bullish moves, as weak hands exit the market before a new rally begins.

#ETF FLOWS UPDATE: Spot Bitcoin and Ethereum ETFs recorded net outflows on May 7, while Solana ETFs continued to attract capital.

$BTC : -$277.5M
$ETH : -$103.52M
$SOL : +$6.67M

The data points to short-term cooling in BTC and ETH demand, while investor interest in SOL remains relatively strong.

$2.5B in shorts sits around $85K.

If Bitcoin $BTC reaches that level, it could trigger a massive short squeeze, driving sharp upside volatility.

But without strong momentum, price could still be rejected before hitting it.

Uniswap ( $UNI ) is looking very bullish here after the breakout on the daily timeframe, with the next resistance sitting at $4+

Got a Spot Bag Here!