The cryptocurrency market is facing increasing uncertainty, especially in light of recent events and changes in trading conditions. Experts share their forecasts and analysis.
State of Binance and Impact of Individual Investors
According to analyst Kyle’s observations, Binance, popular among individual investors, shows worrying signs. Inflow in the individual investor segment has dropped below $12 billion, the lowest since April. 'Individual investors are pulling back,' noted Kyle. 'The last time this happened in May, BTC reacted significantly.'
Bitcoin and Altcoins Adjust to News
Despite tariff changes that lowered BTC to $107,500, it rebounded above $108,000. However, breaking the $110,000 barrier has remained elusive. Meanwhile, the USDT pair maintains a trading volume of $1 billion. Leading ETFs show strong demand, but exchange activity is essential for further growth.
Optimistic Forecasts from Experts
Expert Jelle expressed hope that the confirmation of a long-term Bitcoin breakout indicates a potential rise to $130,000. 'The long-term Bitcoin breakout is confirmed. A successful retest was done over the weekend, with price discovery as the next step,' he added. Mister Crypto also maintained optimism, noting that as BTC reaches new highs, Ethereum and the total cryptocurrency market capitalization will eventually follow, albeit slightly delayed.
The cryptocurrency market situation continues to attract attention from experts and investors. Given the subsequent changes and forecasts, observers are awaiting crucial developments in the market in the coming months.
