Bitcoin Rises Above $85,000 And Avoids A Major Drop
For two weeks, Bitcoin seemed to be pedaling in semolina, unable to climb above $90,000. Then, against all odds, the flagship crypto surged, finally crossing the dreaded $85,000 mark. A sigh of relief sweeps across the markets, but it’s not time for euphoria: could this breakthrough signal the start of a new rally? Or merely defer an inevitable drop towards $76,000?
Ah, $85,000… a simple number, but oh so symbolic! For roller coaster enthusiasts, it’s the next turn (before $65,000 ?). For analysts like Ryan Lee from Bitget Research , it’s the lifeline:
A weekly close above this level could avoid a descent towards $76,000 and signal a bullish recovery.
A tad dramatic? Not quite, when we know that BTC is stagnating at +0.9% for the week.
The scene is set: declining inflation, stable rates, looming trade war… Yet, Bitcoin hesitates. A psychological war is raging between hodlers and weekend sellers.
According to SantinoCripto, “the bottom of this correction is around $75,000”. A cautious estimate, compared to some much darker voices.
Alex Wacy, for instance, doesn’t mince his words:
A return to $40,000 is possible.
But beware of the magnifying effect. As Crypto Rand reminds us:
So, should we tremble? Or simply breathe, hold on, and wait for the next twist?
With the close above $85,000 ($85,255 at the time of writing this article), Bitcoin seems to have outsmarted the worst scenarios. If the momentum continues towards $87,000, technical signals could align to trigger a new bullish rally this week.
Beyond the price, crypto market signals do not lie: long-term hodlers are getting active. Since February, these diehards have been quietly accumulating their BTC, far from panicked gazes. In just two months, over 250,000 BTC have been absorbed, increasing the supply held by these investors from 13.1 to 13.3 million BTC.
It’s a sign, proclaim the on-chain oracles. A submarine movement, a silent rise. “These accumulations are what we should watch, not the short-term fluctuations,” notes Enmanuel Cardozo from Brickken.
But should we view this as a mere crypto-ant reflex, or a harbinger of an explosion? The market is also driven by hopes for regulatory renewal. Will that be enough to reverse the trend?
Especially since shadows persist: global tariff tensions loom until early April. Until then, the slightest tweet can upset the balance. Yet, in this theater of uncertainties, some see a broader choreography.
Sandman Research summarizes this well:
Bitcoin follows the curve of global liquidity like a faithful shadow. And it has just reached a peak.
So, is it just a coincidence or a prelude to the next act of the bull run?
Another factor not to be overlooked: the money supply. It also made a discreet reminder in propelling Bitcoin . Admittedly, the correlation isn’t perfect, but history proves it: the two are inseparable.
Crypto Market Outlook: PancakeSwap Surges, EOS Rebrands, Pi Network at Crossroads —
What Traders on Bitget Should Watch Now
As we step deeper into Q2 of 2025, the cryptocurrency market is undergoing significant shifts that demand sharp focus and decisive strategy. Bitcoin continues its steady climb, eyeing the psychological barrier of $90,000, while key altcoins—PancakeSwap (CAKE), EOS, and Pi Network (PI)—are emerging as dominant narratives this week.
This article delivers a distilled breakdown of the evolving landscape, what it means for active traders, and how to navigate the momentum like a pro—exclusively for the Bitget community.
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Bitcoin (BTC): A Controlled Climb Toward $90K
After briefly flirting with $86,000, Bitcoin has consolidated near $85K following the Federal Open Market Committee (FOMC) decision to maintain interest rates. Despite a lowered economic growth forecast through 2027, the broader market remains optimistic, especially with President Trump calling for potential rate cuts.
Key Level for Bitget Traders: Watch the $86,800–$87,200 zone. A breakout here could catalyze momentum toward $90K. However, caution is warranted around macroeconomic shifts and liquidity cycles.
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PancakeSwap (CAKE): The DEX Resurgence
In an unexpected twist, PancakeSwap has reclaimed its position as the leading decentralized exchange, reporting over $14.8 billion in weekly volume—surpassing even Uniswap. Much of this spike is attributed to the explosive rise of meme tokens on BNB Chain such as Mubarak and Broccoli.
CAKE has surged over 100% from its recent lows, signaling renewed interest in BNB Chain-native assets and short-term speculative opportunities.
Professional Insight: While the memecoin momentum is attractive, Bitget traders are advised to exercise strategic stop placements and consider range-bound setups on CAKE pairs for swing trading.
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EOS: From Legacy Layer-1 to Banking Innovator
In a major pivot, EOS has rebranded to Vaulta, signaling its strategic entry into blockchain-powered financial services. The token gained over 55% amid rebranding news, with April set to unveil its new ticker.
The rebrand brings integration with exSat, a decentralized Bitcoin banking platform, suggesting long-term utility beyond traditional L1 ecosystems.
What to Expect: Rebranding momentum can sustain briefly, but for long-term plays, fundamental metrics like Total Value Locked (TVL) and partner integration timelines should be evaluated.
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Pi Network (PI): Opportunity or Overhang?
Pi Network finds itself at a pivotal technical juncture. After correcting from an all-time high of ~$3 to nearly $1, the token now forms a textbook falling wedge pattern—a historically bullish reversal signal.
Yet, concerns loom. A massive 188 million PI token unlock this month, with another 1.6 billion scheduled over the next year, could create persistent downward pressure.
Technical Positioning for Traders: If you’re monitoring PI on Bitget or elsewhere, keep a close eye on the $1.10–$1.20 resistance range. Breakout above this with volume may initiate a recovery leg.
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Strategic Takeaway for Bitget Traders
Stay agile: These market movements are volatile but ripe with intraday and swing trade opportunities.
Use professional tools: Apply volume analysis, support/resistance zones, and momentum indicators to avoid chasing tops.
Don’t sleep on fundamentals: Regulatory clarity, ecosystem developments, and macro news (like Fed rate decisions or geopolitical trade policies) now impact crypto price action as heavily as technical patterns.
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Final Note to the Bitget Community
This isn’t just about catching pumps. It’s about evolving as traders, identifying narratives early, and leveraging platforms like Bitget that offer deep liquidity, intuitive interface, and advanced charting tools.
Stay informed, stay calculated, and stay ahead.
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If you found this analysis valuable,for more real-time breakdowns, strategic trade ideas, and Bitget-exclusive market insight.
Let’s build the smartest, most profitable community in crypto—together. $BTC $ETH $PI
SOL- Current Situation
Solana (SOL) is trading at $129, navigating a volatile phase amid a broader crypto market downturn, with the total market cap down 4.4% in the last 24 hours. Sentiment is mixed: some traders eye a potential cup-and-handle pattern for a bullish breakout, while others flag oversold conditions and bearish signals. Rumors of a Solana ETF add speculation, though unconfirmed. For now, SOL's price action hinges on key support and resistance levels.
Technical Indicators and Key Levels
Short-Term (1-Hour Chart):
Support: $125 (critical), $110 Resistance: $140, $150 Indicators: RSI near oversold (~30), MACD bearish.
A break above $140 with volume could target $150, but a drop below $125 risks $110.
Long-Term (Weekly Chart):
Support: $125, $90 Resistance: $140, $180 A hold above $125 could set up a rally to $180 if the cup-and-handle pattern confirms. Below $125, a deeper correction to $90 is possible.
Potential Scenarios Bullish Case:
Hold $125, break $140 with volume → target $150 (short-term), $180 (long-term).
Bearish Case:
Break below $125 → test $110 (short-term), $90 (long-term). Volume is key, watch for spikes to confirm moves.
Broader Context and Tips
SOL's long-term outlook is promising due to its fast blockchain and ecosystem growth, but short-term risks loom. External factors like US inflation data or ETF news could sway the market. Traders should use tight stops, focus on $125 support, and stay flexible. Long-term investors should monitor $125 as a critical floor for bullish continuation.
$SOL $API3 $PI $BTC $ETH
Loom Networkのソーシャルデータ
直近24時間では、Loom Networkのソーシャルメディアセンチメントスコアは3で、Loom Networkの価格トレンドに対するソーシャルメディアセンチメントは強気でした。全体的なLoom Networkのソーシャルメディアスコアは0で、全暗号資産の中で958にランクされました。
LunarCrushによると、過去24時間で、暗号資産は合計1,058,120回ソーシャルメディア上で言及され、Loom Networkは0%の頻度比率で言及され、全暗号資産の中で699にランクされました。
過去24時間で、合計171人のユニークユーザーがLoom Networkについて議論し、Loom Networkの言及は合計28件です。しかし、前の24時間と比較すると、ユニークユーザー数は減少で27%、言及総数は減少で3%増加しています。
X(Twitter)では、過去24時間に合計1件のLoom Networkに言及したポストがありました。その中で、100%はLoom Networkに強気、0%はLoom Networkに弱気、0%はLoom Networkに中立です。
Redditでは、過去24時間にLoom Networkに言及した2件の投稿がありました。直近の24時間と比較して、Loom Networkの言及数が50%減少しました。
すべてのソーシャル概要
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