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Bitcoin in 'ripe conditions' for new all-time high as it holds above $107,000: analysts
Bitcoin in 'ripe conditions' for new all-time high as it holds above $107,000: analysts

Quick Take Bitcoin remained steady in the past few days, currently trading at above $107,000. Bitcoin appears poised to break a new record high, according to several analysts. Others highlighted that the current “greedy” investor sentiment leaves bitcoin susceptible to a downturn should any negative macro news emerge.

The Block·2025/06/25 16:00
Flash
  • 06:32
    Analyst: ETH Strength May Signal BTC Market Share Peak as Capital Flows into Ethereum and Altcoins
    According to Jinse Finance, crypto analyst Matthew Hyland stated that if the price of Ethereum continues to rise, Bitcoin's market dominance may have peaked. On Tuesday, Hyland posted on the X platform: "If ETH/BTC shows an upward trend and maintains strong momentum, there is a 99% chance that Bitcoin's market dominance has peaked." Over the past seven days, Bitcoin's dominance has dropped by 1.85%. Crypto trader Ash Crypto explained that this is because "capital is flowing into Ethereum and other altcoins." Generally, an increase in Bitcoin's dominance indicates that investors prefer Bitcoin over altcoins, while a decline in dominance may suggest growing confidence in the broader altcoin ecosystem. Crypto trader Cas Abbe noted that Ethereum is currently in a very clear "bull flag" pattern and is "approaching a breakout."
  • 06:17
    Analyst: No Top Signal in Current Market, Bitcoin May Still Have Upside Potential
    According to Jinse Finance, CryptoQuant analyst Axel Adler Jr tweeted that "The Peak Signal" only appears at major market tops, and this time the signal has not appeared, indicating that Bitcoin has not yet reached its top range.
  • 05:28
    A Major Whale Sells Off 1.25 Billion PUMP Tokens, Profiting $3.416 Million
    According to a report by Jinse Finance, on-chain analytics platform Lookonchain (@lookonchain) has monitored that whale account 8a5nSU spent 5 million USDC through five wallets to participate in the public sale of PUMP, acquiring 1.25 billion PUMP tokens. Five hours later, the whale sold all the tokens at an average price of $0.0067, receiving 8.416 million USDC, locking in a profit of $3.416 million and achieving a return of 68%.
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