• bitcoinBitcoin (BTC) $ 120,027.00
  • ethereumEthereum (ETH) $ 3,590.60
  • xrpXRP (XRP) $ 3.59
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 736.19
  • solanaSolana (SOL) $ 180.97
  • usd-coinUSDC (USDC) $ 0.999903
  • dogecoinDogecoin (DOGE) $ 0.234798
  • staked-etherLido Staked Ether (STETH) $ 3,583.57
  • cardanoCardano (ADA) $ 0.858370
  • tronTRON (TRX) $ 0.326025
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 119,924.00
  • hyperliquidHyperliquid (HYPE) $ 46.14
  • stellarStellar (XLM) $ 0.494790
  • wrapped-stethWrapped stETH (WSTETH) $ 4,324.69
  • suiSui (SUI) $ 4.02
  • chainlinkChainlink (LINK) $ 18.78
  • hedera-hashgraphHedera (HBAR) $ 0.284111
  • avalanche-2Avalanche (AVAX) $ 24.32
  • bitcoin-cashBitcoin Cash (BCH) $ 512.92
  • wrapped-eethWrapped eETH (WEETH) $ 3,848.54
  • shiba-inuShiba Inu (SHIB) $ 0.000015
  • wethWETH (WETH) $ 3,591.33
  • leo-tokenLEO Token (LEO) $ 8.95
  • litecoinLitecoin (LTC) $ 107.23
  • the-open-networkToncoin (TON) $ 3.29
  • usdsUSDS (USDS) $ 0.999956
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • polkadotPolkadot (DOT) $ 4.45
  • whitebitWhiteBIT Coin (WBT) $ 45.74
  • moneroMonero (XMR) $ 335.91
  • uniswapUniswap (UNI) $ 10.26
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 120,058.00
  • pepePepe (PEPE) $ 0.000014
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • bitget-tokenBitget Token (BGB) $ 4.85
  • aaveAave (AAVE) $ 329.93
  • crypto-com-chainCronos (CRO) $ 0.125502
  • bittensorBittensor (TAO) $ 429.77
  • daiDai (DAI) $ 1.00
  • nearNEAR Protocol (NEAR) $ 2.94
  • aptosAptos (APT) $ 5.44
  • pi-networkPi Network (PI) $ 0.445404
  • ondo-financeOndo (ONDO) $ 1.06
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • ethereum-classicEthereum Classic (ETC) $ 21.44
  • internet-computerInternet Computer (ICP) $ 6.02
  • jito-staked-solJito Staked SOL (JITOSOL) $ 221.17
  • okbOKB (OKB) $ 47.63
  • mantleMantle (MNT) $ 0.836825
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • bonkBonk (BONK) $ 0.000036
  • algorandAlgorand (ALGO) $ 0.317329
  • kaspaKaspa (KAS) $ 0.098195
  • ethenaEthena (ENA) $ 0.395332
  • vechainVeChain (VET) $ 0.028340
  • arbitrumArbitrum (ARB) $ 0.461430
  • cosmosCosmos Hub (ATOM) $ 5.02
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.247595
  • render-tokenRender (RENDER) $ 4.28
  • usd1-wlfiUSD1 (USD1) $ 0.999500
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,593.74
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  • official-trumpOfficial Trump (TRUMP) $ 10.41
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.798876
  • worldcoin-wldWorldcoin (WLD) $ 1.15
  • fasttokenFasttoken (FTN) $ 4.52
  • gatechain-tokenGate (GT) $ 16.30
  • filecoinFilecoin (FIL) $ 2.83
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.030238
  • susdssUSDS (SUSDS) $ 1.06
  • pump-funPump.fun (PUMP) $ 0.005131
  • binance-staked-solBinance Staked SOL (BNSOL) $ 192.14
  • skySky (SKY) $ 0.082400
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 120,107.00
  • spx6900SPX6900 (SPX) $ 1.83
  • jupiter-exchange-solanaJupiter (JUP) $ 0.568553
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,757.58
  • rocket-pool-ethRocket Pool ETH (RETH) $ 4,091.14
  • quant-networkQuant (QNT) $ 116.22
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 5.00
  • kucoin-sharesKuCoin (KCS) $ 11.99
  • flare-networksFlare (FLR) $ 0.021598
  • fartcoinFartcoin (FARTCOIN) $ 1.49
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998218
  • usdtbUSDtb (USDTB) $ 1.00
  • celestiaCelestia (TIA) $ 2.03
  • curve-dao-tokenCurve DAO (CRV) $ 1.03
  • injective-protocolInjective (INJ) $ 14.32
  • blockstackStacks (STX) $ 0.878991
  • usdt0USDT0 (USDT0) $ 0.998928
  • xdce-crowd-saleXDC Network (XDC) $ 0.083316
  • story-2Story (IP) $ 4.62
  • nexoNEXO (NEXO) $ 1.34
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,836.51
  • optimismOptimism (OP) $ 0.753413
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,608.47
  • flokiFLOKI (FLOKI) $ 0.000134
  • sonic-3Sonic (S) $ 0.401261
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 3,878.80
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.86
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,774.25
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 119,754.00
  • immutable-xImmutable (IMX) $ 0.600358
  • dogwifcoindogwifhat (WIF) $ 1.10
  • the-graphThe Graph (GRT) $ 0.110643
  • kaiaKaia (KAIA) $ 0.172288
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999925
  • lido-daoLido DAO (LDO) $ 1.11
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 204.45
  • iotaIOTA (IOTA) $ 0.250787
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 119,815.00
  • wbnbWrapped BNB (WBNB) $ 737.10
  • ethereum-name-serviceEthereum Name Service (ENS) $ 28.57
  • pax-goldPAX Gold (PAXG) $ 3,336.36
  • clbtcclBTC (CLBTC) $ 121,157.00
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.69
  • vaultaVaulta (A) $ 0.581776
  • msolMarinade Staked SOL (MSOL) $ 237.92
  • theta-tokenTheta Network (THETA) $ 0.907874
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • galaGALA (GALA) $ 0.019390
  • tokenize-xchangeTokenize Xchange (TKX) $ 10.95
  • paypal-usdPayPal USD (PYUSD) $ 0.999828
  • jasmycoinJasmyCoin (JASMY) $ 0.017852
  • tether-goldTether Gold (XAUT) $ 3,334.14
  • the-sandboxThe Sandbox (SAND) $ 0.335750
  • aerodrome-financeAerodrome Finance (AERO) $ 0.941034
  • raydiumRaydium (RAY) $ 2.98
  • pyth-networkPyth Network (PYTH) $ 0.136180
  • super-oethSuper OETH (SUPEROETH) $ 3,590.45
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 3,830.81
  • zcashZcash (ZEC) $ 46.56
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 3,763.23
  • tezosTezos (XTZ) $ 0.687094
  • ousgOUSG (OUSG) $ 111.83
  • pendlePendle (PENDLE) $ 4.29
  • jito-governance-tokenJito (JTO) $ 1.99
  • bittorrentBitTorrent (BTT) $ 0.00000071
  • morphoMorpho (MORPHO) $ 2.19
  • saros-financeSaros (SAROS) $ 0.264511
  • heliumHelium (HNT) $ 3.74
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998989
  • flowFlow (FLOW) $ 0.420564
  • tbtctBTC (TBTC) $ 119,825.00
  • falcon-financeFalcon USD (USDF) $ 0.999761
  • decentralandDecentraland (MANA) $ 0.339992
  • mog-coinMog Coin (MOG) $ 0.000002
  • chain-2Onyxcoin (XCN) $ 0.018674
  • walrus-2Walrus (WAL) $ 0.461906
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,595.80
  • based-brettBrett (BRETT) $ 0.063071
  • memecoreMemeCore (M) $ 0.368579
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.235257
  • newton-projectAB (AB) $ 0.008800
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 119,459.00
  • telcoinTelcoin (TEL) $ 0.006460
  • thorchainTHORChain (RUNE) $ 1.69
  • usual-usdUsual USD (USD0) $ 0.997932
  • reserve-rights-tokenReserve Rights (RSR) $ 0.009921
  • bitcoin-svBitcoin SV (BSV) $ 29.27
  • coredaoorgCore (CORE) $ 0.575158
  • ether-fiEther.fi (ETHFI) $ 1.36
  • conflux-tokenConflux (CFX) $ 0.111302
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 120,022.00
  • wrapped-hypeWrapped HYPE (WHYPE) $ 46.14
  • stader-ethxStader ETHx (ETHX) $ 3,818.98
  • usddUSDD (USDD) $ 1.00
  • apecoinApeCoin (APE) $ 0.693997
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,594.55
  • starknetStarknet (STRK) $ 0.149211
  • beldexBeldex (BDX) $ 0.074451
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,962.11
  • ripple-usdRipple USD (RLUSD) $ 0.999930
  • deepDeepBook (DEEP) $ 0.205691
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  • dydx-chaindYdX (DYDX) $ 0.679692
  • aioz-networkAIOZ Network (AIOZ) $ 0.426950
  • arweaveArweave (AR) $ 7.64
  • neoNEO (NEO) $ 7.04
  • true-usdTrueUSD (TUSD) $ 1.00
  • eigenlayerEigenCloud (prev. EigenLayer) (EIGEN) $ 1.57
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,571.29
  • elrond-erd-2MultiversX (EGLD) $ 17.33
  • compound-governance-tokenCompound (COMP) $ 52.31
  • build-onBUILDon (B) $ 0.490996
  • syrupMaple Finance (SYRUP) $ 0.455051
  • kavaKava (KAVA) $ 0.442890
  • swethSwell Ethereum (SWETH) $ 3,931.68
  • venomVenom (VENOM) $ 0.223180
  • apenftAPENFT (NFT) $ 0.00000047
  • 1inch1inch (1INCH) $ 0.333230
  • dexeDeXe (DEXE) $ 8.06
  • staked-hypeStaked HYPE (STHYPE) $ 45.98
  • zksyncZKsync (ZK) $ 0.062815
  • axie-infinityAxie Infinity (AXS) $ 2.73
  • ecasheCash (XEC) $ 0.000022
  • wormholeWormhole (W) $ 0.094589

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

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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.

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