News
17 May 2026, 13:53
Bitcoin Falls Below $78,000 to Two-Week Low as Bears Increase Pressure

Bitcoin dropped below $78,000 for the first time since early May, triggering fresh debate across the crypto market over whether the latest sell-off is a bear trap or the beginning of a deeper correction. According to CoinCodex, Bitcoin fell to a local low of $77,614 on May 16 as several macroeconomic and geopolitical concerns weighed on risk assets. Among the key pressures were renewed concerns surrounding the US bond market, rising geopolitical tensions in the Middle East, and fears that inflation could accelerate again in the coming months. Macro Risks Are Building Pressure on Bitcoin Market sentiment weakened further after reports linked to tensions around the Strait of Hormuz, one of the world’s most important oil shipping routes. Concerns about potential disruptions to global energy supplies pushed oil prices higher and added pressure to financial markets. Analysts at Mosaic Asset Company said the current environment increasingly resembles the inflationary conditions seen during the first half of 2022. In the firm’s latest market review, analysts pointed to several converging risks, including supply chain disruptions, geopolitical instability affecting energy markets, and persistent government deficit spending. Cryptocurrencies, which are typically viewed as risk-sensitive assets, often struggle in environments where inflation fears and economic uncertainty rise simultaneously. Traders Are Watching Short Positions Closely Despite Bitcoin’s decline, some traders believe the market may be setting up for a potential reversal. Trader Cryptic Trades noted that open interest has continued rising even as Bitcoin’s price moved lower, while funding rates on derivatives exchanges have turned negative. This combination often suggests that traders are aggressively opening short positions in anticipation of further downside. Historically, crowded short positioning can increase the likelihood of a short squeeze if the market suddenly reverses upward. Not all analysts share that view, however. Market analyst Eric Coleman said Bitcoin could revisit the $75,000 region following a breakdown from its recent ascending triangle structure. Another trader, Daan Crypto Trades, identified the $71,000 zone as the next major area of liquidity below current prices. Bitcoin’s Next Move May Depend on Macro Markets While technical traders remain focused on support levels, broader macroeconomic conditions may ultimately determine Bitcoin’s next direction. The recent sell-off highlights how closely Bitcoin continues to trade alongside global risk sentiment, especially during periods of rising geopolitical uncertainty and inflation concerns. At the same time, some market participants argue that geopolitical instability may eventually strengthen Bitcoin’s long-term appeal as an alternative financial asset outside traditional systems. For now, traders are watching whether Bitcoin can reclaim key support levels, or whether the market is preparing for another wave of downside volatility.
17 May 2026, 13:52
Dogecoin Price Prediction: DOGE Faces Tough Fib Resistance Test

Dogecoin is testing a key resistance area while analysts point to a possible cycle bottom forming under weak market sentiment. The latest DOGE charts show two main signals: price is fighting the 0.618 Fib level, while long-term cycle structure suggests attention and momentum may be resetting. Dogecoin Tests 0.618 Fib Resistance as DOGE Holds Near 10 Cents Dogecoin is trading near the 0.618 Fibonacci level on the weekly chart, where price is facing resistance around $0.11799. The chart shared by Surf shows DOGE trading near $0.10854 after rebounding from the lower support area around $0.08042. That lower level matches the 0.786 Fibonacci zone, which also acted as support during the recent correction. Dogecoin has formed a similar structure before. In 2024, DOGE bounced from a comparable support area, broke above a descending trendline, and later started a larger move higher. The current chart shows another rebound from the same type of setup, with price now testing the next resistance area. The 0.618 Fib level remains the main barrier. DOGE needs a clear weekly move above $0.11799 to confirm stronger continuation. If buyers push price through that level, the chart could open the way toward the next visible resistance zones near $0.14 and $0.17. However, failure to break the 0.618 level could keep DOGE inside its current range. In that case, the $0.10 area becomes important because it sits between the latest rebound zone and the current resistance. Surf said the correction still looks healthy and noted that the 10-cent level should hold. The chart supports that view as long as DOGE stays above the $0.095–$0.10 area. For now, Dogecoin’s weekly chart shows a recovery attempt, but the price has not yet confirmed a breakout. The next major signal depends on whether DOGE can reclaim the $0.11799 Fib resistance. Dogecoin Cycle Bottom Setup Shows Sentiment Reset Meanwhile, another Dogecoin chart points to a broader cycle setup rather than a short-term resistance test. Cryptollica said the current DOGE structure looks like the fourth cycle bottom, comparing it with earlier market phases in 2015, 2020, and 2022. The analyst framed the chart as a cycle psychology example, where price action reflects repeated shifts in market behavior over time. The post labels the first cycle as “disbelief” in 2015, the second as “boredom” in 2020, and the third as “anger” in 2022. The current setup is presented as another phase where sentiment has weakened while the chart structure continues to reset. According to the analyst, DOGE becomes notable when attention falls, momentum cools, and price compresses for a long period. That view matches the idea that cycle bottoms often form when market interest drops before a larger move develops. The setup does not confirm an immediate breakout. However, it adds a longer-term sentiment angle to the weekly DOGE chart, where the token is still trying to hold its recovery structure after a broad correction.
17 May 2026, 13:46
Solana Price Prediction: SOL Faces $100 Wall Amid Split Outlook

Solana is trading near a key technical zone as analysts map two very different paths for SOL. One chart points to a possible breakout toward higher Fibonacci levels, while another warns that price may first retest the $50 to $55 support range. Solana Price Chart Maps $80 to $1,000 Case as SOL Trades Near Accumulation Zone Solana traded near $85.72 on the weekly Binance chart shared by Crypto Patel, with the analyst presenting a long term case for a move from the $80 area toward $1,000. The chart places SOL near the lower part of a broad range after a sharp decline from the 2025 high zone. It marks an accumulation zone between roughly $50 and $70, while price now trades above that area but below the key breakout region. Solana Weekly Price Chart. Source: Crypto Patel on X The main breakout level on the chart sits near the 0.382 Fibonacci level at $98.80. If SOL moves above that zone, the chart shows a possible continuation toward the previous resistance area around $262 to $297. The chart also marks deeper support levels at $50.02, $30.81, $26.36, and $16.62. A monthly support line appears near $32.89, while a stronger historical support area is marked near $9.85. Crypto Patel’s post also listed nine catalysts behind the bullish SOL setup. These include ETF holdings near 2% of total supply, cumulative ETF inflows above $1.12 billion, ETF AUM near $1.01 billion, and the Alpenglow upgrade, which the post says could cut finality from 12.8 seconds to 150 milliseconds. The post also claimed that SOL ETFs offer staking yield, while BTC and ETH funds do not. It added that Solana has gained legal clarity as a digital commodity and that institutional names, including Dartmouth’s endowment, Morgan Stanley, and Franklin Templeton, are linked to SOL exposure or filings. The technical setup depends first on whether SOL can reclaim the $98 to $100 breakout zone. Until then, the chart keeps SOL between the accumulation area and the first major resistance level. A confirmed move above that area would shift focus toward the higher Fibonacci range near $262 to $297, while failure to hold current levels could bring the $70.30, $50.02, and $32.89 support zones back into focus. Solana Chart Signals $50 to $55 Retest Before Larger SOL Move Solana’s daily chart shared by Celal Kucuker shows SOL moving lower after rejection near the $100.23 resistance level. The chart marks a rising trendline from the lower range. This trendline now sits near the $80.42 area, which appears as the next key support zone. If SOL fails to hold that rising structure, the analyst’s next target remains the $50 to $55 range. Solana Daily Price Chart. Source: Celal Kucuker on X Kucuker’s post shows that previous levels at $140, $68, and $100 have already played out. The remaining levels on his list are $50 to $55 and $300 plus. The setup suggests that SOL may first test lower support before any larger upside move. The chart also shows a major resistance line around $100.09, meaning SOL would need to reclaim that area before the bullish structure can strengthen again.
17 May 2026, 13:39
Ethereum Price Prediction: ETH Hits New Lows Against BTC

Ethereum has fallen to a new yearly low against Bitcoin, showing continued weakness on the ETH/BTC chart. However, negative exchange flows and positive spot ETH ETF inflows suggest that accumulation is still building under the surface. ETH/BTC Hits New Yearly Low as Ethereum Weakness Extends Against Bitcoin ETH/BTC fell to a new yearly low on the daily Binance chart shared by TedPillows, showing Ethereum still losing strength against Bitcoin. The chart shows ETH/BTC trading below the 0.02995 support area after failing to reclaim the 200 day moving averages. The 200 day SMA sits near 0.03168, while the 200 day EMA sits near 0.03109. Both now act as resistance above price. ETH/BTC Daily Price Chart. Source: TedPillows on X ETH/BTC also broke below the recent consolidation range that formed between March and April. That breakdown pushed the pair toward the next visible support near 0.02619. If ETH/BTC fails to hold the 0.02619 level, the chart leaves room for a deeper move toward the lower support zone near 0.02194. That area marked the earlier low before the strong July rally. TedPillows noted that the new yearly low came despite Tom Lee buying more than $200 million in ETH every week, according to the post. That makes the chart weaker because institutional buying has not stopped ETH from underperforming Bitcoin. For the bullish case to return, ETH/BTC would first need to recover 0.02995. Then it would need to break back above the 200 day EMA and SMA near 0.03109 to 0.03168. Ethereum Exchange Flows Stay Negative as ETH Accumulation Continues Ethereum exchange flux balance has stayed negative for most of the past two weeks, according to the Alphractal chart shared by ray on X. The chart shows the exchange flux balance moving deep below zero, which means more ETH appears to be leaving exchanges than entering them. In market terms, that often points to accumulation because holders may be moving ETH away from trading venues. Ethereum Exchange Flux Balance Chart. Source: Alphractal and ray on X The blue area has remained negative since late 2025 and pushed to deeper levels in 2026. This shows that exchange outflows have dominated for a long period, even while ETH price moved through a volatile range. Ray also noted that spot ETH ETFs recorded their first positive monthly inflow since launch, with $356 million in April inflows. That adds another accumulation signal, as ETF demand increased while exchange balances stayed negative. However, the chart does not show a clear price breakout yet. ETH price has recovered from earlier lows but still moves below the stronger highs from 2025. For the bullish case to strengthen, ETH needs continued exchange outflows and stronger ETF demand to match visible price momentum. If the negative exchange flux balance continues, it could reduce available supply on exchanges and support a larger move later.
17 May 2026, 13:38
Binance sees $1.5 billion stablecoin inflow in one day

🚨 Binance recorded over $1.5 billion in stablecoin inflows in a single day. This shift came shortly after $1.3 billion in stablecoins exited the exchange. Continue Reading: Binance sees $1.5 billion stablecoin inflow in one day The post Binance sees $1.5 billion stablecoin inflow in one day appeared first on COINTURK NEWS .
17 May 2026, 13:23
Bitcoin Price Prediction: BTC Faces a Tough $82K Test as CME Gap Pulls Price Back

Bitcoin is trading near a key short-term area after reaching its first Fibonacci target around $82,477 and then pulling back below $79,000. The latest charts show two pressure points for BTC: the $82K resistance zone on the two-week chart and a possible CME gap near $79,123 that could draw price higher early in the week. Bitcoin Hits $82K Fib Target as Stochastic RSI Shows Bullish Momentum Bitcoin reached the first upside target on the two-week chart, with price touching the 100% Fibonacci extension near $82,477, according to a chart shared by Man of Bitcoin. The BTC/USD chart shows Bitcoin trading near $78,320 after pulling back from the recent high around $82,477. The move came after Bitcoin rebounded from the broad support zone near $56,851 and climbed back above the $70,000 area. Bitcoin Two-Week Fib Target. Source: Man of Bitcoin on X The chart marks the next upside Fibonacci extension levels at $87,273, $90,169, and $95,347. Above that, the broader Fibonacci levels show possible resistance near $107,910 and $116,306. A green horizontal level near $126,445 marks the higher chart target. Bitcoin still trades inside a large long-term structure. The upper white trendline sits far above current price, while the lower white trendline remains near the $40,000–$50,000 range. This keeps BTC between major macro levels on the two-week timeframe. The Stochastic RSI panel also shows momentum recovering from the oversold zone. The blue and orange lines have moved sharply higher from the lower band, which supports the analyst’s view that bullish momentum remains active. However, BTC has not yet broken clearly above the $82,477–$87,273 zone. That area now acts as the first resistance range. A clean move above it could put $90,169 and $95,347 back in focus. On the downside, the chart shows support near $77,000 and $74,929, based on the note shown beside the chart. If BTC loses those levels, the next visible support range sits near $71,000–$68,000. For now, the two-week chart shows Bitcoin reached its first Fib target, while momentum has not yet shown full exhaustion. The next move depends on whether BTC can hold above the mid-$70,000 area and reclaim the $82,477 resistance zone. Bitcoin Nears $79K CME Gap After Weekend Drop Bitcoin traded near $78,371 on the 15-minute Binance chart after a weekend decline opened a possible CME gap near $79,123. The chart shared by Daan Crypto Trades shows BTC fell from the $79,100 area to below $78,000 during the weekend session. Price later recovered toward $78,300 but remained below the marked CME gap level. Bitcoin CME Gap Setup. Source: Daan Crypto Trades on X The dotted line on the chart marks the gap area around $79,123. The red shaded zone shows the distance between Bitcoin’s current price action and the level where CME futures would reopen. Daan said Bitcoin could open with a new CME gap if price stays below that zone. However, he noted that when BTC trades close to the gap, price often closes it on Sunday or early in the week. For now, the chart shows limited market movement outside the CME gap setup. A move back above $79,123 would close the gap. If BTC fails to reclaim that level, the market could keep trading inside the lower weekend range near $77,800–$78,400.











































