Schlagwort: crypto business

• Bitcoin tops $115K, moving above mid-term holders’ Realized Price near $114K, boosting sentiment.
• Short-term holders show losses as SOPR dips, but no signs yet of “Extreme Greed” cycle top.
• Analysts split: some see BTC peaking, others eye $150K by Christmas after Q4 rally.

Bitcoin has extended its gains in September, rising from around $108,000 at the start of the month to more than $115,000.

While the move represents a modest 4% increase over two weeks, new on-chain data suggests the cryptocurrency may be preparing for another leg higher that could eventually lead to fresh all-time highs.

Mid-term holders’ realized price breached

According to analysis published on CryptoQuant by contributor ShayanMarkets, Bitcoin’s rebound from $107,000 to $114,000 has pushed the asset above the Realized Price of mid-term holders — wallets that last moved coins within the past three to six months.

This Realized Price currently stands near $114,000.

The Realized Price is considered a key pivot level that often reflects market sentiment and possible sell pressure.

By climbing above this threshold, Bitcoin has reduced the likelihood of immediate selling from this cohort.

ShayanMarkets noted that a firm breakout and consolidation above $114,000 could signal renewed confidence among mid-term holders.

This, in turn, could provide the foundation for a new bullish phase capable of driving BTC toward record levels.

However, the analyst cautioned that failure to maintain this level risks weakening sentiment and could open the door to deeper corrective moves in the near term.

Short-term holders show signs of stress

Other on-chain signals paint a more cautious picture.

CryptoQuant contributor Gaah highlighted the behavior of short-term holders (STH) by examining the Spent Output Profit Ratio (SOPR), adjusted with a 30-day moving average.

This metric measures whether investors are selling their coins at a profit or loss.

Gaah observed that after four months of trading above break-even, the STH SOPR has slipped into negative territory, indicating that short-term holders are now realizing losses.

This shift suggests a temporary loss of confidence among speculative investors, who are more sensitive to price fluctuations.

Despite Bitcoin’s broader rally from $60,000 to $125,000 over the past year, the SOPR STH metric has shown declining peaks.

In previous cycles, sharp price surges were accompanied by SOPR readings in the “Extreme Greed” zone, reflecting strong retail participation.

This time, however, such dynamics have not been observed, implying that institutional investors may be the primary drivers behind recent gains.

Gaah added that historically, market tops are usually confirmed when short-term holders exhibit extreme greed.

As this has not occurred, the analyst suggested the current pullback may simply be part of a healthy consolidation rather than a signal of a long-term reversal.

Mixed outlook as year-end approaches

Market observers remain divided on Bitcoin’s near-term prospects.

Some analysts caution that the cryptocurrency may be approaching the peak of its current cycle, while others anticipate a short-term downturn in September before a renewed rally in the final quarter of 2025.

Forecasts vary widely, with some projecting Bitcoin could reach as high as $150,000 by Christmas if bullish momentum persists.

For now, the asset trades at $115,050, up 0.7% in the past 24 hours, as it attempts to build support above key on-chain levels.

With both bullish and cautionary signals present, investors are closely watching Bitcoin’s ability to hold above the mid-term holders’ Realized Price, as this may determine whether the next phase of the rally begins or if a deeper correction unfolds.

The post Bitcoin climbs above $115K as on-chain metrics signal potential rally appeared first on CoinJournal.

• Solana posts 17% weekly gain, eyeing $300 as institutional demand grows.
• Galaxy Digital buys $326M SOL for Multicoin, with $1B more cash to deploy.
• $250 remains Solana’s key pivot; a breakout could retest $295 ATH soon.

Solana (SOL) is closing one of its strongest weeks of 2025, recording a 17% gain over the past seven days.

Among the top 20 crypto assets, only Dogecoin and Hyperliquid have outperformed it.

The rally positions SOL for its highest weekly candle close since January, fueling speculation of a potential move toward the $300 level.

Currently trading about 15% below its all-time high of $295, Solana has drawn attention for its technical resilience and rising institutional support.

Futures and spot data show healthy market structure

According to CoinGlass, Solana futures open interest (OI) hit a record $16.6 billion on Friday.

Despite this surge, perpetual funding rates have remained stable, indicating that positions are not excessively leveraged.

This balance suggests the market still has room for further upside if momentum continues.

Market structure data adds to the bullish case.

Net taker volume has leaned buy-heavy, signaling more aggressive buyers entering positions.

At the same time, aggregated futures cumulative volume delta (CVD) has stayed flat, suggesting long and short positions are well-balanced despite record OI levels.

Importantly, spot CVD is climbing higher, pointing to a rally driven by spot markets rather than futures—a dynamic often viewed as healthier for sustained growth.

From a momentum standpoint, relative strength index (RSI) data is also notable.

In previous rallies near $295, Solana’s RSI entered overbought territory, raising the risk of sharp pullbacks.

This time, RSI has not reached those extremes, leaving room for the rally to extend further before encountering significant technical resistance.

Institutional interest and key technical levels

Institutional activity has been another major driver of Solana’s recent strength.

Arkham Intelligence reported that Galaxy Digital has begun executing a large-scale SOL purchase program for Multicoin Capital’s Solana Designated Allocation Trust (DAT).

On September 12, Galaxy acquired $326 million worth of SOL on behalf of the trust.

The vehicle still holds $354 million in stablecoins and up to $1 billion in cash, which could be deployed for additional purchases.

This development follows Forward Industries’ announcement of a $1.65 billion SOL-native treasury, supported by Galaxy Digital, Jump Crypto, and Multicoin Capital.

As the first Nasdaq-listed company to raise institutional capital for direct deployment on Solana, Forward’s move underscores the growing trend of corporate adoption.

From a technical perspective, $250 remains a crucial pivot point for SOL.

The level has served as a multi-year resistance zone, capping rallies in 2021, November 2024, and January 2025.

In each instance, Solana traded between $275 and $295 before retreating to close near $250, highlighting the significance of this level for profit-taking.

Analysts note that if SOL can close the week strongly above $250 and follow with consecutive closes above that threshold, sentiment could shift toward retesting the $295 all-time high and potentially entering price discovery beyond $300 in the fourth quarter.

The presence of the Solana Strategic Reserve, often compared to Ethereum’s institutional support, may also provide a buffer against sharp reversals.

By offering institutional-grade liquidity, the reserve could change the way the market reacts to traditional resistance levels.

The post Solana gains momentum with institutional backing appeared first on CoinJournal.

• Sui price is poised above $3.60 as bulls target key level.
• The SUI all-time high price is around $5.35 and achievable as Sui total value locked hits $2 billion.
• Bulls eye $4.12 resistance, while bears target $3.20 if momentum weakens.

Sui price has a modest increase over the last 24 hours, but has reached highs of $3.70 as the broader crypto market signals an upward rally.

Coins such as Ethena, Pendle and Ondo have gained significantly amid Bitcoin’s retest of $115k and Solana’s breakout to $240.

As the 24-hour trading volume holds around $949 million, the SUI price looks poised for an uptick towards its all-time high above $5.35.

Decentralized finance and web3 adoption growth see Sui’s position as a frontrunner, potentialy setting the stage for the native token’s surge.

Sui price surge- what’s fueling bulls’ momentum?

Sui overcame a network setback in early 2025 when an ecosystem project got hacked.

The token has since bounced off lows of $1.91 to retest highs of $4.32.

The Move programming language project has gained attention due to its scalability and interoperability, putting it among the top coins attracting buyer attention.

While Ethereum and Solana dominate altcoin sentiment, the technical outlook for SUI is setting up bulls for a retest of its ATH.

Developer activity, daily active wallets and DeFi TVL surge all point to Sui’s strength.

There are also ecosystem expansions, including the integration of zkLogin for seamless user onboarding.

As well, Sui has boasted initiatives like the Strategies yield aggregator that amassed millions of dollars in deposits within weeks.

Sui’s focus on gaming, NFTs, and DePIN projects has diversified revenue streams, with a stablecoin market cap jumping above $793 million.

Network revenue has increased too, while platforms such as Suilend, NAVI and Bluefin are helping to push the total value locked in Sui protocols across DeFi to over $2 billion.

The crypto market’s attraction for Wall Street amid a scramble for digital asset treasuries is another catalyst for the Sui price.

SEC’s impending approval of new crypto exchange-traded funds, including filings for Sui, has also buoyed bulls.

What’s the price outlook for SUI?

With multiple signals converging to suggest a breakout above key resistance levels in the near term, trading above $3 is crucial for SUI.

It may be the step buyers need to maintain a bullish long-term trend.

Relative Strength Index hovers at 55, and reflects a neutral momentum that gives room for further growth before bulls hit the overbought territory.

The Moving Average Convergence Divergence also supports an upward run with a bullish crossover.

A look at the chart suggests $3.70 is a key level, and breaking the immediate $4.12 resistance could trigger a measured move to $5.

The all-time high is within range above this level.

Conversely, a bearish flip will bring Sui price to support around $3.20. Bears may also target buyers’ safety net around $2.61, should any pullback activity strengthen.

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