• bitcoinBitcoin (BTC) $ 102,912.00
  • ethereumEthereum (ETH) $ 2,483.51
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.36
  • bnbBNB (BNB) $ 641.97
  • solanaSolana (SOL) $ 167.66
  • usd-coinUSDC (USDC) $ 0.999903
  • dogecoinDogecoin (DOGE) $ 0.215976
  • cardanoCardano (ADA) $ 0.764841
  • tronTRON (TRX) $ 0.268414
  • staked-etherLido Staked Ether (STETH) $ 2,481.07
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 102,830.00
  • suiSui (SUI) $ 3.77
  • wrapped-stethWrapped stETH (WSTETH) $ 2,991.57
  • chainlinkChainlink (LINK) $ 15.36
  • avalanche-2Avalanche (AVAX) $ 22.82
  • hyperliquidHyperliquid (HYPE) $ 27.07
  • stellarStellar (XLM) $ 0.288431
  • shiba-inuShiba Inu (SHIB) $ 0.000014
  • leo-tokenLEO Token (LEO) $ 8.94
  • hedera-hashgraphHedera (HBAR) $ 0.191407
  • bitcoin-cashBitcoin Cash (BCH) $ 396.37
  • the-open-networkToncoin (TON) $ 3.06
  • litecoinLitecoin (LTC) $ 99.50
  • polkadotPolkadot (DOT) $ 4.70
  • usdsUSDS (USDS) $ 0.999873
  • wethWETH (WETH) $ 2,483.06
  • moneroMonero (XMR) $ 333.56
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • wrapped-eethWrapped eETH (WEETH) $ 2,654.42
  • bitget-tokenBitget Token (BGB) $ 4.96
  • pepePepe (PEPE) $ 0.000012
  • pi-networkPi Network (PI) $ 0.701203
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 102,946.00
  • whitebitWhiteBIT Coin (WBT) $ 30.07
  • bittensorBittensor (TAO) $ 419.67
  • daiDai (DAI) $ 1.00
  • uniswapUniswap (UNI) $ 5.89
  • aaveAave (AAVE) $ 224.83
  • nearNEAR Protocol (NEAR) $ 2.75
  • aptosAptos (APT) $ 5.14
  • okbOKB (OKB) $ 53.01
  • kaspaKaspa (KAS) $ 0.114618
  • jito-staked-solJito Staked SOL (JITOSOL) $ 201.49
  • ondo-financeOndo (ONDO) $ 0.918459
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • crypto-com-chainCronos (CRO) $ 0.098125
  • ethereum-classicEthereum Classic (ETC) $ 18.30
  • internet-computerInternet Computer (ICP) $ 5.20
  • tokenize-xchangeTokenize Xchange (TKX) $ 34.63
  • gatechain-tokenGate (GT) $ 21.41
  • official-trumpOfficial Trump (TRUMP) $ 12.55
  • mantleMantle (MNT) $ 0.730702
  • vechainVeChain (VET) $ 0.027909
  • render-tokenRender (RENDER) $ 4.56
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.17
  • susdssUSDS (SUSDS) $ 1.05
  • cosmosCosmos Hub (ATOM) $ 4.77
  • ethenaEthena (ENA) $ 0.366497
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 102,605.00
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.232101
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.752239
  • fasttokenFasttoken (FTN) $ 4.39
  • algorandAlgorand (ALGO) $ 0.218333
  • filecoinFilecoin (FIL) $ 2.81
  • arbitrumArbitrum (ARB) $ 0.378285
  • celestiaCelestia (TIA) $ 2.64
  • worldcoin-wldWorldcoin (WLD) $ 1.08
  • sonic-3Sonic (prev. FTM) (S) $ 0.505336
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.51
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998350
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,481.41
  • kucoin-sharesKuCoin (KCS) $ 11.85
  • bonkBonk (BONK) $ 0.000019
  • makerMaker (MKR) $ 1,752.15
  • jupiter-exchange-solanaJupiter (JUP) $ 0.485754
  • binance-staked-solBinance Staked SOL (BNSOL) $ 176.46
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,594.22
  • story-2Story (IP) $ 4.72
  • blockstackStacks (STX) $ 0.859261
  • nexoNEXO (NEXO) $ 1.26
  • flare-networksFlare (FLR) $ 0.019240
  • eosEOS (EOS) $ 0.796256
  • sei-networkSei (SEI) $ 0.226144
  • fartcoinFartcoin (FARTCOIN) $ 1.18
  • immutable-xImmutable (IMX) $ 0.634700
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,819.83
  • optimismOptimism (OP) $ 0.702333
  • injective-protocolInjective (INJ) $ 11.67
  • xdce-crowd-saleXDC Network (XDC) $ 0.071244
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.71
  • usdt0USDT0 (USDT0) $ 0.999229
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 102,752.00
  • the-graphThe Graph (GRT) $ 0.107453
  • dogwifcoindogwifhat (WIF) $ 0.972823
  • raydiumRaydium (RAY) $ 3.21
  • curve-dao-tokenCurve DAO (CRV) $ 0.689345
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,646.19
  • wbnbWrapped BNB (WBNB) $ 641.85
  • msolMarinade Staked SOL (MSOL) $ 216.40
  • paypal-usdPayPal USD (PYUSD) $ 0.999753
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999873
  • flokiFLOKI (FLOKI) $ 0.000092
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 185.98
  • theta-tokenTheta Network (THETA) $ 0.855703
  • lido-daoLido DAO (LDO) $ 0.940960
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 102,628.00
  • galaGALA (GALA) $ 0.018780
  • jasmycoinJasmyCoin (JASMY) $ 0.017239
  • walrus-2Walrus (WAL) $ 0.647140
  • coredaoorgCore (CORE) $ 0.807494
  • clbtcclBTC (CLBTC) $ 103,122.00
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • tether-goldTether Gold (XAUT) $ 3,207.82
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,602.67
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 102,336.00
  • iotaIOTA (IOTA) $ 0.217332
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.012288
  • pax-goldPAX Gold (PAXG) $ 3,215.42
  • the-sandboxThe Sandbox (SAND) $ 0.307292
  • official-foOfficial FO (FO) $ 0.756678
  • dexeDeXe (DEXE) $ 13.10
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.19
  • heliumHelium (HNT) $ 3.96
  • ethereum-name-serviceEthereum Name Service (ENS) $ 21.67
  • bittorrentBitTorrent (BTT) $ 0.00000073
  • bitcoin-svBitcoin SV (BSV) $ 35.49
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,593.50
  • kaiaKaia (KAIA) $ 0.115607
  • based-brettBrett (BRETT) $ 0.066311
  • usual-usdUsual USD (USD0) $ 0.997670
  • flowFlow (FLOW) $ 0.408469
  • zcashZcash (ZEC) $ 40.21
  • tezosTezos (XTZ) $ 0.617190
  • pendlePendle (PENDLE) $ 3.97
  • chain-2Onyxcoin (XCN) $ 0.018753
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998588
  • spx6900SPX6900 (SPX) $ 0.673310
  • decentralandDecentraland (MANA) $ 0.328838
  • jito-governance-tokenJito (JTO) $ 1.87
  • polyhedra-networkPolyhedra Network (ZKJ) $ 2.07
  • thorchainTHORChain (RUNE) $ 1.68
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.11
  • ousgOUSG (OUSG) $ 111.09
  • pyth-networkPyth Network (PYTH) $ 0.155147
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.215477
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,483.45
  • sonic-bridged-usdc-e-sonicSonic Bridged USDC.e (Sonic) (USDC.E) $ 0.999900
  • super-oethSuper OETH (SUPEROETH) $ 2,484.96
  • grassGrass (GRASS) $ 1.93
  • aioz-networkAIOZ Network (AIOZ) $ 0.445604
  • aerodrome-financeAerodrome Finance (AERO) $ 0.639058
  • elrond-erd-2MultiversX (EGLD) $ 18.36
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 102,841.00
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,645.26
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,527.45
  • true-usdTrueUSD (TUSD) $ 0.998321
  • apecoinApeCoin (APE) $ 0.616615
  • reserve-rights-tokenReserve Rights (RSR) $ 0.008572
  • dydx-chaindYdX (DYDX) $ 0.626315
  • tbtctBTC (TBTC) $ 102,584.00
  • arweaveArweave (AR) $ 7.24
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,483.41
  • axie-infinityAxie Infinity (AXS) $ 2.93
  • beldexBeldex (BDX) $ 0.066078
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999900
  • starknetStarknet (STRK) $ 0.150820
  • telcoinTelcoin (TEL) $ 0.005079
  • movementMovement (MOVE) $ 0.182798
  • ketKet (KET) $ 0.464363
  • neoNEO (NEO) $ 6.51
  • pumpbtcpumpBTC (PUMPBTC) $ 101,139.00
  • ecasheCash (XEC) $ 0.000023
  • kavaKava (KAVA) $ 0.412458
  • aethirAethir (ATH) $ 0.048894
  • conflux-tokenConflux (CFX) $ 0.087606
  • deepDeepBook (DEEP) $ 0.175589
  • ether-fiEther.fi (ETHFI) $ 1.34
  • apenftAPENFT (NFT) $ 0.00000044
  • wormholeWormhole (W) $ 0.093850
  • kaitoKAITO (KAITO) $ 1.79
  • popcatPopcat (POPCAT) $ 0.436760
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,475.09
  • roninRonin (RON) $ 0.643637
  • morphoMorpho (MORPHO) $ 1.57
  • chilizChiliz (CHZ) $ 0.043039
  • usdbUSDB (USDB) $ 1.01
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • beam-2Beam (BEAM) $ 0.007732
  • saros-financeSaros (SAROS) $ 0.151923
  • plumePlume (PLUME) $ 0.170260
  • aave-usdc-sonicAave USDC (Sonic) (ASONUSDC) $ 0.999803
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 102,378.00
  • compound-governance-tokenCompound (COMP) $ 43.58
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 1.00
  • mog-coinMog Coin (MOG) $ 0.000001
  • syrupMaple Finance (SYRUP) $ 0.351993
  • akash-networkAkash Network (AKT) $ 1.51

Bitcoin At Critical Juncture – Price Levels To Watch: Analyst

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Bitcoin At Critical Juncture – Price Levels To Watch: Analyst

Bitcoin maintains its bullish form from April as it gains by over 4% in the first two days of May to surge above $97,000. Following this recent gain, the premier cryptocurrency is experiencing a minor retracement as investors attempt to decipher the current market phase.

Meanwhile, a prominent crypto analyst with the X handle IT Tech has shared some valuable insights on Bitcoin’s market structure, highlighting the key price levels that could decide the asset’s movement in the short term.

Bitcoin Cools Off After Price Rally: Breather Or Bull Trap?

According to IT Tech in an X post on May 2, Bitcoin appears to be catching its breath following a price rally from $93,600 to above $97,000. As market traders await to see if this will be a mere cooling period before another upswing or the start of a deeper price correction, IT Tech has shared some helpful technical and on-chain insights on potential price targets.

The analyst states that the Bitcoin SuperTrend Indicator had printed a buy signal when prices hit $94,000, followed by a sell signal at $97,300. However, with market prices still above $94,000, the Bitcoin market structure and SuperTrend Indicator remain bullish.

Bitcoin At Critical Juncture – Price Levels To Watch: Analyst

Meanwhile, liquidation data has also hinted at potential points for price volatility. Most notably, IT Tech states there are long liquidation zones between the $95,200 – $96,000 price region and another dense cluster of orders at the $93,600 – $94,000 price region. Both regions are expected to act as strong price supports in the case of an unexpected decline.

In determining Bitcoin’s next move, IT Tech says that market sentiment remains cautiously bullish as long as the $96,000 support level remains valid. This is because a decisive price fall below this level would trigger a liquidation cascade pushing prices back to $94,000. Meanwhile, another price breakout above $97,400 to allow Bitcoin to trade as high as $98,500.

What’s Next For Bitcoin?

At press time, Bitcoin trades at $96,463, reflecting a 1.64% gain in the past seven days. Meanwhile, the asset’s trading volume is down by 21.82% and valued at $26 billion.

As earlier stated, bullish sentiment continues to ravage the market as indicated by recent developments, including the surge in Bitcoin Spot ETF inflows. Meanwhile, the US’s willingness to negotiate a new trade deal with China may signify no further negative developments on international trade tariffs.

Amidst Bitcoin’s recent bullish stint, analysts continue to roll out bullish predictions with lofty price targets as high as $150,000.

Bitcoin At Critical Juncture – Price Levels To Watch: Analyst

Featured image from Pexels, chart from Tradingview

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