Monat: Juli 2025

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SUSHI price turns bullish as SushiSwap team teases major reveal

  • SushiSwap has hinted at a massive announcement coming this week.
  • The altcoin shows bullish signals at a crucial support barrier.
  • Traders now target the key resistance zone at $0.79- a 30% surge.

Meme coins dominated financial trends with impressive rallies on Monday as Elon Musk launched a pro-Bitcoin political party for Americans.

Meanwhile, the SushiSwap team supercharged SUSHI’s rebound with a cryptic post on X, hinting at a massive reveal in the next few days.

SushiSwap X post

SushiSwap is a DEX that runs on multiple blockchains as an AMM (automated market maker).

It enables users to swap assets and offer liquidity without traditional order books.

Despite the scarce details, the upcoming announcement stirred the crypto community.

While enthusiasts contemplated what the message was about, analysts and traders shifted to the SUSHI price chart.

The altcoin’s current price of $0.6058 places it within the dependable support zone at $0.57 – $0.60.

Buyers have aggressively joined here to catalyze significant uptrends.

A confirmation might send SUSHI’s price to the crucial resistance zone at $0.79.

That would mean an approximately 30% surge from the meme token’s current price.

What to anticipate from SushiSwap?

While the team didn’t disclose the exact nature of the upcoming announcement, SUSHI’s price reaction triggered various speculations.

Enthusiasts could be bracing for strategic collaborations, protocol upgrades, new product launches, or governance overhaul.

Some suspect the project might introduce a new utility functionality for the native token or more integrations with decentralized finance protocols.

Indeed, the DeFi sector has seen increased traction lately, with topics like RWA tokenization, L2 expansions, and staking gaining traction.

Veteran crypto projects like SushiSwap are likely bracing to leverage this growth.

As the team prepares this week’s key announcement, traders are looking to capitalize on the potential momentum.

Coinglass data confirms the enthusiasm. SushiSwap’s volume has rallied 40% to $36.94 million.

Also, the Open Interest is at $30 after a 6% jump. That signals renewed interest in the project.

How could these developments influence SUSHI’s price actions in the near term?

SUSHI price outlook: recovery impending?

The DEX’s governance token displayed bullishness following the announcement, signaling impending rebounds.

SUSHI hovers at a crucial region. It trades at $0.6058, with a technical setup supporting upside continuation.

The alt trades above the foothold at $057 – $0.60, a crucial region that previously attracted significant buying.

Sushi Price Chart

Source – CoinMarketCap

SUSHI bulls are now targeting the nearest resistance at $0.66.

A decisive close beyond this mark could fuel continued upswings.

Overcoming $0.6925 would open the gates to $0.7470, and a potential extension to $0.7925.

That would mean a 30% gain from SUSHI’s current market price.

However, failure to reclaim $0.66 might delay the possible rally.

A sudden selling pressure that plunges SUSHI beneath $0.57 could trigger significant dips or sideways price actions.

Further, broad market sentiments will be vital in shaping SushiSwap’s trajectory.

The post SUSHI price turns bullish as SushiSwap team teases major reveal appeared first on CoinJournal.

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Bitcoin options market signals ‘summer slowdown’: Glassnode

  • Bitcoin has experienced a significant drop in spot and futures volumes, which signals a potential summer lull.
  • Low volatility and thinning liquidity could see a consolidation phase with a potential pullback to $100,000.
  • A resurgence in trading volume could push BTC above $110k and its ATH.

Bitcoin (BTC) continues to hover near the psychological $110,000 level as well as its all-time high, but market analysts are pointing to a potential summer slowdown.

According to blockchain data provider Glassnode, trading volumes are experiencing a significant decline, raising questions about the cryptocurrency’s short-term trajectory.

With spot volume dropping to $5.02 billion and futures volume falling to $31.2 billion, both the lowest in over a year, the stage appears set for a period of reduced market activity.

BTC options markets suggest a slowdown

Glassnode’s recent market outlook highlights a trend in the Bitcoin options market where implied volatility across all expiries (ranging from one week to six months) is approaching all-time lows.

The analytics platform says the levels seen today are back to those seen in mid-2023.

Reduced volatility suggests that traders are anticipating less price movement in the near term, a common occurrence during the summer months when market participants often take holidays and trading activity wanes.

Notably, data shows a contrast between Bitcoin’s price, which has steadily climbed toward $110,000, and the diminishing spot and futures volumes.

The volumes appear to have peaked and point to a downturn, with the divergence indicating thinning liquidity.

The options market’s low volatility pricing reflects a cautious outlook, potentially signaling a consolidation phase as the market digests recent gains.

Bitcoin price prediction

A lull is further contextualized by historical patterns, and traders could be looking for profits after significant rallies.

However, the low-volume environment also heightens the risk of sharp price swings, as even modest orders could trigger outsized reactions in a thinly traded market.

On the bullish side, Bitcoin’s ability to hold above key support levels and near $110k despite declining volumes suggests underlying strength.

Potentially, this strengthens long-term optimism amid institutional adoption, including likely moves by Elon Musk.

Notably, CoinShares has shared details showing digital asset investment products saw over $1 billion in inflows last week.

This marked the 12th consecutive week of inflows, with Bitcoin recording $790 million in inflows over the week.

Other assets such as Ethereum saw $226 million.

Amid this, analysts at CryptoQuant say the BTC bull run remains intact.

However, the low implied volatility and reduced trading activity point to a consolidation range.

BTC could thus break to a new ATH above $112k or see a short-term pullback to support.

In this case, the psychological level of $100k will be key.

The post Bitcoin options market signals ‘summer slowdown’: Glassnode appeared first on CoinJournal.

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Bitcoin could retest $107k before rally resumes as Trump sets a new tariff date

Key takeaways

  • BTC is trading below $109k and could retest the $107k region before rallying high.
  • Market analysts believe Trump’s new trade negotiation date of August 1 will make Bitcoin less volatile.

The cryptocurrency market was bullish over the weekend, with the major cryptos currently in the green. Bitcoin climbed above $109k on Sunday but has slightly retraced and could dip lower in the coming hours.

Despite that, analysts remain optimistic about Bitcoin’s medium-term performance ahead of Trump’s trade deal negotiations in August.

Analysts expect a less volatile July for Bitcoin

July could be a quiet month in terms of trade deals as U.S. Treasury Secretary Scott Bessent announced Sunday that tariffs, initially revealed in April, will take effect on Aug. 1.

The tariffs will take effect for countries without a trade agreement with the U.S.  Bessent warned that the tariff level will revert to April’s rates if negotiations fail before that date.

While speaking to The Block, Jeff Mei, COO at BTSE commented that,

“Traders previously were concerned about volatility leading up to the July 9 tariff deadline on Wednesday. It looks like markets are rallying after it was revealed countries will have more time to negotiate before tariffs take effect at the beginning of August.”

According to Mei, the upcoming release of the U.S. consumer price index on July 15 will give investors an insight into whether inflation is low enough for the Federal Reserve to lower interest rates.

An interest rate cut would be potentially positive for Bitcoin and could spur it to surpass its current all-time high price of $111k.

BTC could refresh its record highs soon amid bullish sentiments

The BTC/USD 4H chart is bullish and efficient as the bulls are currently in control of the Bitcoin market. The technical indicators suggest that Bitcoin could rally to a new all-time high soon.

The RSI of 53 shows that buyers are regaining control, while the MACD lines are currently in the positive zone, suggesting a strong buying sentiment. However, BTC could retest the low of $107,850 before rallying higher in the near term. 

BTC/USD 4H chart

If Bitcoin continues its upward momentum, it could extend the rally toward the May 22 all-time high at $111,980. An extended rally would allow Bitcoin to reach a new all-time high price.

On the flipside, failure to defend the support level at $107,850 could see BTC retest the consolidation zone and Transactional Liquidity (TLQ) area at $105,333.

The post Bitcoin could retest $107k before rally resumes as Trump sets a new tariff date appeared first on CoinJournal.

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IO, IMX and Aptos outlook ahead of major token unlocks this week

  • Aptos, Immutable, and io.net are among the tokens set to witness notable insider token unlocks totaling over $219 million this week.
  • What do the large cliff unlocks mean for APT, IMX, and IO prices?
  • More than $219 million of tokens will unlock in the next week, including key releases for Solana and Worldcoin among others.

Aptos, Immutable, and io.net are among the top altcoins primed for major token unlocks this coming week, with over $219 million worth of these and other tokens set to enter circulation between July 7 and 13, 2025.

While an overall bullish sentiment surrounds the cryptocurrency market as Bitcoin hovers near $109,000, could the upcoming unlocks introduce selling pressure to APT, IO, and IMX?

Major token unlocks this week: Aptos, IMX, IO

Aptos (APT) is a layer-1 blockchain designed for scalability and high throughput.

Immutable (IMX), a layer-2 solution on Ethereum, focuses on NFT infrastructure with zero gas fees, enhancing user accessibility.

Meanwhile, io.net (IO) is a decentralized AI computing network that enables machine learning engineers to access scalable clusters at reduced costs, positioning it as a leader in DePIN innovation.

According to data from Tokenomist, formerly Token Unlocks, the week of July 7-13, 2025, will see insider unlocks totaling over $219 million.

Notable releases of tokens worth over $5 million include Aptos with $50.78 million, or 1.75% of the circulating supply, and io.net with $9.28 million, or 7.64% of the circulating supply.

Elsewhere, Immutable is also set to see a large cliff unlock, with $10.43 million of IMX, or 1.31% of circulating supply.

Wu Blockchain shared the details below.

Large cliff token unlocks refer to the simultaneous release of a significant portion of tokens after a vesting period, often allocated to founders, teams, or early investors.

This event can increase selling pressure, potentially driving prices down if holders liquidate positions.

However, it may also signal confidence if insiders hold, potentially stabilizing or boosting prices, depending on market sentiment and project fundamentals.

APT, IMX, IO price forecast

The Aptos (APT), io.net (IO), and Immutable (IMX) tokens could see short-term pressure given the fresh supply amid token releases.

Overall market sentiment and broader crypto trends will also likely provide either short-term headwinds or tailwinds.

From a technical perspective, Aptos price could face key support at $3.7, with resistance at $4.9 and $5.2.

A break above $5 could target higher levels with $8 and $10 next.

On the other hand, IMX has a key demand reload zone near $0.32 below which the sell-off will intensify.

However, if bulls take control, a key target could be the psychological $1 area.

io.net (IO) has major support around $0.5, with resistance at $0.75 and then $1.43.

The post IO, IMX and Aptos outlook ahead of major token unlocks this week appeared first on CoinJournal.