• bitcoinBitcoin (BTC) $ 99,468.00
  • ethereumEthereum (ETH) $ 2,197.28
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 1.95
  • bnbBNB (BNB) $ 612.81
  • solanaSolana (SOL) $ 129.17
  • usd-coinUSDC (USDC) $ 0.999787
  • tronTRON (TRX) $ 0.266921
  • dogecoinDogecoin (DOGE) $ 0.147782
  • staked-etherLido Staked Ether (STETH) $ 2,198.05
  • cardanoCardano (ADA) $ 0.527951
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 99,328.00
  • hyperliquidHyperliquid (HYPE) $ 32.80
  • wrapped-stethWrapped stETH (WSTETH) $ 2,641.72
  • bitcoin-cashBitcoin Cash (BCH) $ 452.77
  • leo-tokenLEO Token (LEO) $ 8.98
  • suiSui (SUI) $ 2.42
  • chainlinkChainlink (LINK) $ 11.52
  • usdsUSDS (USDS) $ 0.999791
  • stellarStellar (XLM) $ 0.225233
  • whitebitWhiteBIT Coin (WBT) $ 48.08
  • avalanche-2Avalanche (AVAX) $ 16.18
  • the-open-networkToncoin (TON) $ 2.71
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.997702
  • shiba-inuShiba Inu (SHIB) $ 0.000010
  • litecoinLitecoin (LTC) $ 78.21
  • wethWETH (WETH) $ 2,198.31
  • wrapped-eethWrapped eETH (WEETH) $ 2,350.98
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • moneroMonero (XMR) $ 300.48
  • hedera-hashgraphHedera (HBAR) $ 0.130265
  • polkadotPolkadot (DOT) $ 3.20
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 99,453.00
  • bitget-tokenBitget Token (BGB) $ 3.94
  • uniswapUniswap (UNI) $ 6.32
  • daiDai (DAI) $ 0.999609
  • pepePepe (PEPE) $ 0.000009
  • pi-networkPi Network (PI) $ 0.484184
  • aaveAave (AAVE) $ 223.70
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • okbOKB (OKB) $ 49.13
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • bittensorBittensor (TAO) $ 295.84
  • susdssUSDS (SUSDS) $ 1.06
  • aptosAptos (APT) $ 3.89
  • crypto-com-chainCronos (CRO) $ 0.079100
  • internet-computerInternet Computer (ICP) $ 4.56
  • jito-staked-solJito Staked SOL (JITOSOL) $ 156.54
  • nearNEAR Protocol (NEAR) $ 1.87
  • ethereum-classicEthereum Classic (ETC) $ 15.02
  • usd1-wlfiUSD1 (USD1) $ 0.999751
  • tokenize-xchangeTokenize Xchange (TKX) $ 27.39
  • ondo-financeOndo (ONDO) $ 0.650320
  • mantleMantle (MNT) $ 0.587306
  • fasttokenFasttoken (FTN) $ 4.44
  • gatechain-tokenGate (GT) $ 15.59
  • official-trumpOfficial Trump (TRUMP) $ 8.55
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 98,813.00
  • cosmosCosmos Hub (ATOM) $ 3.65
  • vechainVeChain (VET) $ 0.018935
  • kaspaKaspa (KAS) $ 0.061240
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.169390
  • skySky (SKY) $ 0.070558
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.581422
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.999388
  • usdtbUSDtb (USDTB) $ 0.999965
  • filecoinFilecoin (FIL) $ 2.10
  • ethenaEthena (ENA) $ 0.233427
  • render-tokenRender (RENDER) $ 2.73
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.12
  • usdt0USDT0 (USDT0) $ 0.999747
  • kucoin-sharesKuCoin (KCS) $ 10.77
  • algorandAlgorand (ALGO) $ 0.156377
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,195.73
  • worldcoin-wldWorldcoin (WLD) $ 0.808690
  • arbitrumArbitrum (ARB) $ 0.264196
  • binance-staked-solBinance Staked SOL (BNSOL) $ 135.76
  • nexoNEXO (NEXO) $ 1.12
  • sei-networkSei (SEI) $ 0.194614
  • flare-networksFlare (FLR) $ 0.015475
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,500.60
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,302.02
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.998287
  • jupiter-exchange-solanaJupiter (JUP) $ 0.342010
  • paypal-usdPayPal USD (PYUSD) $ 0.999609
  • kaiaKaia (KAIA) $ 0.167547
  • celestiaCelestia (TIA) $ 1.38
  • bonkBonk (BONK) $ 0.000012
  • injective-protocolInjective (INJ) $ 9.43
  • xdce-crowd-saleXDC Network (XDC) $ 0.055706
  • spx6900SPX6900 (SPX) $ 0.985437
  • pax-goldPAX Gold (PAXG) $ 3,442.02
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.35
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 99,213.00
  • tether-goldTether Gold (XAUT) $ 3,420.80
  • optimismOptimism (OP) $ 0.483520
  • fartcoinFartcoin (FARTCOIN) $ 0.861041
  • blockstackStacks (STX) $ 0.549209
  • wbnbWrapped BNB (WBNB) $ 611.98
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,358.90
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,306.40
  • sonic-3Sonic (S) $ 0.253764
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 99,274.00
  • story-2Story (IP) $ 2.71
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • clbtcclBTC (CLBTC) $ 99,737.00
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,312.63
  • vaultaVaulta (A) $ 0.468105
  • ousgOUSG (OUSG) $ 111.51
  • curve-dao-tokenCurve DAO (CRV) $ 0.523719
  • the-graphThe Graph (GRT) $ 0.072242
  • jito-governance-tokenJito (JTO) $ 1.99
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.997813
  • dogwifcoindogwifhat (WIF) $ 0.673838
  • immutable-xImmutable (IMX) $ 0.359347
  • newton-projectAB (AB) $ 0.010117
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 144.60
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.99
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.08
  • msolMarinade Staked SOL (MSOL) $ 168.38
  • aerodrome-financeAerodrome Finance (AERO) $ 0.748737
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 2,378.40
  • usual-usdUsual USD (USD0) $ 0.997513
  • flokiFLOKI (FLOKI) $ 0.000063
  • zcashZcash (ZEC) $ 37.12
  • theta-tokenTheta Network (THETA) $ 0.589794
  • lido-daoLido DAO (LDO) $ 0.652423
  • bitcoin-svBitcoin SV (BSV) $ 29.05
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 98,987.00
  • ethereum-name-serviceEthereum Name Service (ENS) $ 16.96
  • the-sandboxThe Sandbox (SAND) $ 0.228406
  • iotaIOTA (IOTA) $ 0.144324
  • bittorrentBitTorrent (BTT) $ 0.00000056
  • saros-financeSaros (SAROS) $ 0.209080
  • galaGALA (GALA) $ 0.012290
  • falcon-financeFalcon USD (USDF) $ 0.999871
  • pendlePendle (PENDLE) $ 3.27
  • tbtctBTC (TBTC) $ 99,255.00
  • jasmycoinJasmyCoin (JASMY) $ 0.010701
  • tezosTezos (XTZ) $ 0.486741
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.008027
  • walrus-2Walrus (WAL) $ 0.369875
  • true-usdTrueUSD (TUSD) $ 1.00
  • coredaoorgCore (CORE) $ 0.482989
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 99,468.00
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,202.74
  • super-oethSuper OETH (SUPEROETH) $ 2,196.62
  • pyth-networkPyth Network (PYTH) $ 0.084248
  • flowFlow (FLOW) $ 0.304202
  • raydiumRaydium (RAY) $ 1.80
  • wrapped-hypeWrapped HYPE (WHYPE) $ 33.04
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,326.22
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,356.35
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,199.78
  • apecoinApeCoin (APE) $ 0.556886
  • decentralandDecentraland (MANA) $ 0.231982
  • kavaKava (KAVA) $ 0.405006
  • dexeDeXe (DEXE) $ 7.68
  • beldexBeldex (BDX) $ 0.060905
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999779
  • chain-2Onyxcoin (XCN) $ 0.012845
  • syrupMaple Finance (SYRUP) $ 0.405449
  • ripple-usdRipple USD (RLUSD) $ 0.999846
  • thorchainTHORChain (RUNE) $ 1.21
  • usddUSDD (USDD) $ 0.999613
  • compound-governance-tokenCompound (COMP) $ 45.25
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • usdbUSDB (USDB) $ 0.998166
  • heliumHelium (HNT) $ 2.15
  • apenftAPENFT (NFT) $ 0.00000040
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 1.01
  • mimblewimblecoinMimbleWimbleCoin (MWC) $ 36.91
  • staked-hypeStaked HYPE (STHYPE) $ 33.24
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.147674
  • ketKet (KET) $ 0.375895
  • venomVenom (VENOM) $ 0.168126
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,193.61
  • neoNEO (NEO) $ 4.95
  • ecasheCash (XEC) $ 0.000017
  • based-brettBrett (BRETT) $ 0.035382
  • dydx-chaindYdX (DYDX) $ 0.435364
  • elrond-erd-2MultiversX (EGLD) $ 12.05
  • morphoMorpho (MORPHO) $ 1.10
  • stader-ethxStader ETHx (ETHX) $ 2,333.85
  • eosEOS (EOS) $ 0.464709
  • starknetStarknet (STRK) $ 0.099451
  • axelarAxelar (AXL) $ 0.329093
  • axie-infinityAxie Infinity (AXS) $ 2.01
  • justJUST (JST) $ 0.032596
  • sun-tokenSun Token (SUN) $ 0.016725
  • conflux-tokenConflux (CFX) $ 0.063496
  • build-onBUILDon (B) $ 0.317378
  • grassGrass (GRASS) $ 1.11
  • olympusOlympus (OHM) $ 19.37
  • reserve-rights-tokenReserve Rights (RSR) $ 0.005468
  • global-dollarGlobal Dollar (USDG) $ 0.999734
  • fraxLegacy Frax Dollar (FRAX) $ 0.999170
  • ether-fiEther.fi (ETHFI) $ 0.847498
  • binance-peg-busdBinance-Peg BUSD (BUSD) $ 0.998077

Bitcoin Price Retreat Sparks Talk of ‘Deeper Correction’ as Bulls Pause

0 11

Bitcoin Price Retreat Sparks Talk of ‘Deeper Correction’ as Bulls Pause

Bitcoin has pulled back sharply, sparking renewed caution from analysts who warn that the digital asset may be headed for a deeper correction before resuming its bullish trajectory.

BTC/USD fell by 8% as of May 31, retreating to levels below its previous all-time high.

This decline leaves the token nearly $9,000 below its recent record peak, putting short-term sentiment to the test.

Demand Metrics Signal a Cooling Trend

A report from CryptoQuant shared with Cointelegraph suggests that Bitcoin’s demand growth may be hitting a temporary ceiling.

The analytics platform estimates that Bitcoin demand has increased by 229,000 BTC in the last 30 days, nearing the 279,000 BTC peak seen in December 2024.

“Some of Bitcoin’s demand metrics may be reaching a short-term top, which could imply a pause in the current rally,” the report stated.

It also noted that whale balances have risen by 2.8% over the past month, a pattern often followed by reduced accumulation from major holders.

Additionally, average unrealized profits hovered around 30% when prices neared $111,000—another sign of an imminent slowdown.

Analysts Eye Key Technical Levels

Prominent trader Mags highlighted the importance of the upcoming weekly candle close.

“On the daily chart, BTC has broken below the previous all-time high and is facing rejection at that same level,” Mags observed.

“This might look like the start of a deeper correction.”

If Bitcoin closes the week below the December 2024 high of $104,450, it may form a bearish pattern before climbing again, he added.

Bull Market Outlook Remains Intact for Now

Despite the current retreat, broader sentiment remains optimistic.

Trader Aksel Kibar said the bull market structure is still intact, provided prices remain above $73,700.

He reiterated his 2025 target of $137,000 for BTC, aligning with a midterm bullish outlook.

CryptoQuant analysts see $120,000 as a key level where many investors might choose to lock in profits.

While the path forward could involve further short-term losses, most analysts agree the bull market has not been derailed.

No information published in Crypto Intelligence News constitutes financial advice; crypto investments are high-risk and speculative in nature.

Source

Leave A Reply

Your email address will not be published.