๐จ #Bitcoinโs Next Move Hangs on Dolphin Holders ๐ฌ
The Dolphin cohort โ wallets holding 100 to 1,000 BTC, including ETFs, corporations, and large investors โ remains the backbone of Bitcoinโs bullish momentum, according to a new CryptoQuant report.
๐น Dolphins now control 5.16M BTC (26% of total supply) โ the largest share among all cohorts. ๐น Theyโve accumulated 686K BTC in 2025, even as other groups started distributing. ๐น However, their buying pressure has slowed after recent deleveraging and price dips.
๐ Analysts note:
> โIf Dolphins reaccelerate accumulation, Bitcoin could push to new all-time highs. Continued slowdown may deepen the correction.โ
Meanwhile, the Liquidity Inventory Ratio has dropped to 8.3 months, signaling tighter liquidity โ a setup that could fuel medium-term price gains.
๐ฐ BTC Price: $110,900 (+0.4%) The next few weeks may decide if the whales and dolphins steer Bitcoin toward a new breakout or a deeper dip.
โข Total market cap is creeping back toward $3.8T+, signalling fresh buyer interest. โข ETH stabilising around $3,940, hinting at the end of the recent pull-back. โข Altcoins leading the charge with strong momentum โ keep your eyes on volume.
๐ Heads-up for traders: This could be a low-risk entry moment if support holds and volume responds. But if the bounce fizzles, the downside could reopen.
๐ฅ Ethereumโs 4th Bullish Pennant? Hereโs What Traders Are Watching
$ETH is down 3% after facing rejection near $4,500, extending its struggle to reclaim that level since Thursdayโs dip.
Over the past 24 hours, ETH futures liquidations reached $241M โ with $191.6M longs and $49.6M shorts wiped out, according to Coinglass.
If $4,100 support holds, Ethereum could be forming another bullish pennant, a pattern itโs completed three times in the last four months โ each time followed by a strong surge.
๐ Key Levels:
๐ข Support: $4,100 โ $4,260 (14-day EMA)
๐ด Resistance: $4,868 (All-Time High)
โ๏ธ Indicators: The RSI and Stochastic Oscillator remain above neutral but are turning downward, signaling weakening bullish momentum. A drop below their midlines could invite stronger bearish pressure.
๐ Will ETH confirm the pennant breakout โ or is a deeper correction coming?
Context: Bitcoin (BTC) recently pulled back from ~$116K highs to trade around $108โ110K. Over the last 24 hours BTC fell ~3% to ~$109.8K as volatility returned. Sentiment and signals are mixed, but many models and analysts now lean cautious/bearish in the very near term.
Technical Forecasts & Models
Machine/Algorithmic models: A short-term price model (pricepredictions.com) sees BTC in a slight bullish trend, expecting a small uptick over the next few hours.
Aggregated signals: By contrast, technical indicators overall remain bearish. CoinLore reports more sell signals (10) than buy signals (4) for BTC and explicitly calls the short-term bias โbearishโ. It identifies ~$111.9K as the next major resistance and ~$108.1K as key support.
Chart Outlook & Key Levels
Technical charts emphasize ~$111โ112K as critical resistance and ~$108โ110K as support. For example, a recent 4โhour chart study highlights ~$111K as a โkey zoneโ (potential short-entry level) and projects a target near ~$105K if prices roll over. Similarly, FXStreet/Mitrade notes BTC is testing a horizontal support around $109.7K; if that breaks, the next target is ~$104K. CoinLoreโs model also flags ~$108.1K as a pivot: a close below it could open โfurther downsideโ. In summary, analysts agree on a support band ~108โ110K and warn that a failure there could quickly send BTC toward the $104โ105K area. Conversely, reclaiming $111K+ would be needed to shift the bias higher.
Trader Sentiment & Indicators
Futures & Derivatives: The BTC futures market shows a slight bearish tilt. CoinEdition reports the aggregate long/short ratio is about 48.7% long vs 51.3% short, meaning ~51% of contracts are short. On Bybit specifically, ~52.4% of positions are short. This skew โis pressuring the BTC price at the key $108K supportโ. Recent price action confirms this: BTC dropped ~2% to ~$108.6K in 24h, triggering roughly $113โฏmillion in long-liquidations.
๐ Bitcoin Recovers Ahead of Asiaโs Biggest Event!
Bitcoin is trading above $113,000 today, bouncing back strong after a 12% dip from its mid-August all-time high of $124,474. ๐
The boost comes as Bitcoin Asia Conference 2025 kicks off in Hong Kong, set to welcome 15,000+ attendees and rank as the second-largest global Bitcoin gathering.
๐ฅ Asia-Pacific already leads the way, accounting for 43% of the worldโs crypto ownership in 2023, with rapid adoption in Indonesia, Thailand, Vietnam, and the Philippines.
Meanwhile, Hong Kong continues to strengthen its position as a global crypto hub with its โPolicy Statement 2.0โ and the Stablecoins Ordinance, acting as a testing ground for digital assets in the region.
๐ค The 2-day event will feature 200+ speakers, including:
Since 2016, September has been ETHโs weakest month with an average return of -6.42% (median: -12.55%). But the good news? Q4 has historically been ETHโs strongest period:
๐จ The GENIUS Act: US Sets Global Standard for Stablecoins ๐ตโก
President Trump just signed the GENIUS Act into law โ a historic move shaping the future of stablecoins in the US and worldwide.
Key points: โ Full USD-backed reserves & strict AML compliance required โ Positions the US as the global leader in stablecoin regulation (per Deutsche Bank Research) โ Strengthens USD dominance โ USD-backed coins already make up 99% of the market โ US Treasury projects $1T in T-bills held by issuers by 2028 (Tether alone holds $120B today) โ Major corporations (Walmart, Amazon, Airbnb, PayPal, Shopify) racing to integrate stablecoins for payments & remittances
๐ With predictions of the market growing from $268B โ $2T, stablecoins are no longer just for crypto trading โ theyโre becoming the backbone of global finance. ๐๐
๐จ Historic First: White House Crypto Summit ๐บ๐ธโจ
In March, the first-ever White House Crypto Summit set the stage for a new era of crypto regulation & innovation under President Trumpโs leadership.
Key highlights: โ Trump signed an Executive Order to create a Strategic Bitcoin Reserve (SBR) โ using 207,189 BTC seized in criminal/civil forfeitures, avoiding fresh capital deployment. โ The goal: centralize federal crypto holdings, stop premature sales & make the US a leader in digital asset ownership. โ DOJ announced its largest-ever crypto seizure: $225M tied to fraud. โ FBI reported $5.8B in crypto investment fraud losses in 2024 โ fueling tougher action against scams.
๐ The message is clear: the US isnโt just embracing crypto, itโs also protecting investors & building confidence in the market. ๐
Former President Donald Trump is doubling down on digital assets โ not just policy, but personal investment too. ๐บ๐ธ๐
๐น World Liberty Financial (WLFI) โ A DeFi project on Ethereum, launched with his sons (Donald Jr., Eric & Barron).
Backed by big names: Justin Sun, Aqua 1 Foundation, ALT5 Sigma, UAE-based VCs & more.
Arkham data: WLFI holds $460.42M in ETH, AAVE, LINK & others.
Launched its own stablecoin USD1, pegged 1:1 to the US Dollar.
๐น Trump Media & Technology Group (DJT) โ Filed for a Bitcoin ETF with the SEC.
๐น Official Trump (TRUMP) Meme Coin โ Once hit a massive $8.79B market cap, now at $1.62B. Despite criticism, itโs brought in millions in trading fees.
๐ Love him or hate him, Trumpโs deep dive into crypto & DeFi is reshaping the narrative โ and fueling bullish sentiment across the market. ๐