hodler

6 Jun 2026, 06:12

Bitcoin Nearing a Bottom? Key Indicators Flash Mixed Signals After $59K Drop

Bitcoin’s recent crash began with a violent rejection at $82,000 that drove it south to $59,000 on Friday, which became its lowest price tag since before the US presidential elections in November 2024. Following such a painful decline, the asset has dropped into a critical zone where long-term indicators and historical patterns begin to converge. Perhaps that’s why many analysts have started to debate whether the bottom is just around the corner or another leg down could be in the making. The Rainbow Chart Popular analyst Crypto Rover noted recently that BTC had declined below the ‘rainbow chart’ (seen in the embedded video below), which was just the second such occurrence in its recent history. The reason for this long-term valuation model’s rarity is that it comes during extreme market conditions. The last time it happened, BTC dumped toward $15,000 during the 2022 bear market. For many long-term bitcoin holders, it signals that the cryptocurrency is entering deeply undervalued territory; hence, it could be close to the bottom. For now, though, the asset remains firmly below it even after managing to rebound from the $59,000 low. $BTC just fell below the rainbow chart. Historically, this has happened 2 times. • 2022: $15,500 • 2026: $63,000 Most Bitcoin OG’s remember this. pic.twitter.com/SkOQrIDXBT — Crypto Rover (@cryptorover) June 5, 2026 Another key level now in focus is the 200-week exponential moving average (EMA), which was brought up by fellow analyst CRYPTOWZRD. They noted that it has historically served as a reliable support during bear markets, and in most previous cycles BTC has bottomed either at or very close to it. Bitcoin is currently testing it, and if it manages to hold above it and reclaim momentum, it could strengthen the case for a bottom forming in the low-$60,000 range. A clean breakdown, though, would likely open the door for deeper losses and extend the correction phase. Maybe Not Complete? Rekt Capital compared the current bear phase to the 2022 landscape and concluded that there’s a major discrepancy in the divergences from the previous all-time highs. In 2022, BTC deviated 22% below its 2017 all-time high, while it has not gone just 12% under the 2021 all-time high. “Bitcoin is getting close to a bottom but it’s not there quite yet and there’s still time left,” the analyst concluded . For now, the main signals remain mixed as long-term valuation models and key technical levels suggest BTC is getting close to a bottom, but it’s not necessarily there yet. As volatility remains elevated, the market seems to be entering a ‘make-or-break’ phase that could define the next major trend. The post Bitcoin Nearing a Bottom? Key Indicators Flash Mixed Signals After $59K Drop appeared first on CryptoPotato .

6 Jun 2026, 06:10

Crypto Whale Seven Siblings Acquires Another $18M in Ether During Market Dip

BitcoinWorld Crypto Whale Seven Siblings Acquires Another $18M in Ether During Market Dip A prominent cryptocurrency entity known for accumulating Ethereum during price declines has made another significant purchase. Onchain analytics platform Onchain Lens reported that Seven Siblings acquired 11,759 ETH, valued at approximately $18.03 million, in a recent transaction. Strategic Accumulation Continues Seven Siblings has established a pattern of buying Ethereum when prices fall, positioning itself as a notable whale in the crypto market. This latest acquisition adds to a substantial portfolio, and the entity currently holds around 10 million USDS, a stablecoin, available for further purchases. According to Onchain Lens, Seven Siblings may also increase its ETH holdings through additional borrowing in the future, signaling a strong conviction in the asset’s long-term value. Market Context and Implications This purchase comes during a period of volatility for Ethereum, which has seen price corrections alongside broader market fluctuations. Large-scale accumulations by entities like Seven Siblings are often interpreted by traders as a bullish signal, suggesting that sophisticated investors view current prices as an attractive entry point. The use of stablecoin reserves and potential leverage indicates a calculated strategy to maximize exposure during market weakness. What This Means for Retail Investors While whale activity does not guarantee future price movements, it provides insight into the behavior of large capital allocators. For everyday investors, tracking such moves can offer a window into market sentiment and institutional confidence. However, it is important to remember that individual strategies vary, and past accumulation patterns do not always predict outcomes. Conclusion The latest $18 million ETH purchase by Seven Siblings reinforces its reputation as a disciplined buyer during market dips. With a significant stablecoin reserve and potential for further borrowing, the entity is well-positioned to continue its accumulation strategy. This activity highlights the ongoing interest from large-scale investors in Ethereum, even amid short-term price uncertainty. FAQs Q1: Who is Seven Siblings? A: Seven Siblings is a cryptocurrency entity known for making large purchases of Ethereum, particularly during price declines. It is monitored by on-chain analytics platforms for its significant market influence. Q2: How much ETH did Seven Siblings buy this time? A: The entity purchased 11,759 ETH, worth approximately $18.03 million, according to Onchain Lens. Q3: Why does this matter for the crypto market? A: Large purchases by whales like Seven Siblings can signal confidence in an asset’s long-term value and may influence market sentiment. They also provide useful data for traders analyzing accumulation patterns. This post Crypto Whale Seven Siblings Acquires Another $18M in Ether During Market Dip first appeared on BitcoinWorld .

6 Jun 2026, 06:06

Child struck by 70 pound robot performing roundhouse kick

A Unitree G1 humanoid robot struck a young child in the stomach with a spinning kick during a public demo in China’s Xinjiang region, according to Shanghai Daily. The child doubled over and collapsed but walked away without serious injury. The video of the incident spread fast on Reddit and other social media platforms. Redditors reacted to the video with different comments. Once user wrote, “and no one bats an eye….” Another wrote, “How are there so many adults yet no one does a thing in response? The kid is crumpled over on the ground and all the adults are just chillin’.” A third user said , “The kid was standing where he shouldn’t be.” The robot was wearing a clown wig The robot, fitted with a blue clown wig, was running through choreographed moves for a crowd that included kids when it threw a full roundhouse kick that connected directly with a boy standing nearby. The child hit the ground while the robot backed away. Bystanders were slow to react and the other kids in the audience mostly just turned back to the robot within seconds. The G1 was being remotely controlled at the time, not running autonomously. Engineers involved in the demonstration told Vice that the robot was functioning “as intended.” Robot goes rogue and kicks child by u/robbiesloan in interestingasfuck G1 robot has enough torque to lift a toddler The G1 robot weighs about 70 pounds and its joint motors can generate more than 100 Newton meters of torque, which means a single joint can lift over 26 pounds. The kick delivered a high level of mechanical force that should not be allowed in public events within close range to people, especially children. Earlier in 2026, a separate Unitree G1 lost its balance while performing in front of a crowd in China, fell, and started thrashing its limbs on the ground. It hit a man in the nose hard enough to draw blood, Futurism reported . A federal lawsuit filed in California last year by a former Figure AI engineer alleged that humanoid robots built by that company “were powerful enough to fracture a human skull.” The physical danger these machines pose in uncontrolled settings is becoming harder to ignore. Humanoid robot demos are moving faster than safety rules China’s humanoid robotics sector has grown fast. Unitree told local media earlier this year that it expects to ship between 10,000 and 20,000 units in 2026, according to Cryptopolitan reporting . The company sells its G1 at a base price of $13,500, making it one of the most affordable humanoid robots you can actually buy. That accessibility increases the odds of the machines showing up at public events like trade shows, children’s parties, and mall demos. But the technology remains far better at rehearsed routines than real time situational awareness. A separate viral video from May showed a humanoid robot at a Shenzhen “robot store” called Future Era attempting to dance to Michael Jackson’s “Billie Jean” before tripping on a stage step and collapsing. The robot had to be dragged offstage by a technician. No regulatory framework currently governs how close spectators, particularly children, should stand to performing humanoid robots in China or most other markets. Until regulations exist, incidents like these will likely keep happening as the machines grow cheaper and more common at public events. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .

6 Jun 2026, 06:02

Data Analyst Says XRP Will Hit This Price in the Bull Run

Crypto analyst Celal Kucuker (@CelalKucuker) has outlined an ambitious outlook for XRP, pointing to a long-term chart structure. It projects a move toward $17 during the current bull market cycle. In a recent post on X, the analyst stated that XRP looks so strong it could hit $17 during the bull run, adding that it could also challenge Ethereum’s position. The forecast comes alongside a weekly XRP chart that highlights a multi-year technical structure stretching back to 2017. The analysis centers on XRP’s breakout from a long-standing consolidation pattern and its position above a falling trendline that acted as resistance for years. Ripple looks so strong that it will hit $17 in the bull run. $XRP will challenge Ethereum in the rankings. Save this and wait. Time will make everything clear. pic.twitter.com/amEl8WQgQ1 — Celal Kucuker (@CelalKucuker) June 4, 2026 The Multi-year Pattern The chart focuses on a descending trendline of XRP’s 2018 peak. For years, that trendline served as a major resistance level and repeatedly capped upside attempts. According to the chart, XRP broke above that long-standing resistance in late 2024 , marking a significant shift in market structure. The breakout followed years of consolidation within a large triangle pattern formed by falling resistance and rising support. Rather than focusing on short-term price swings, the analysis highlights the importance of XRP holding above the former resistance line. If that area continues to act as support, the breakout structure remains intact. The chart also shows XRP trading within a larger ascending channel that has guided price action for several years. That channel provides the foundation for the analyst’s long-term outlook. Path Toward Higher Targets After reaching a peak of $3.65 in 2025 , XRP entered a corrective phase. Kucuker’s chart suggests this pullback could represent a retest of the breakout area before the next advance begins. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 A projected path on the chart shows XRP stabilizing above the former resistance zone before resuming its upward trend. The projection then points toward the upper boundary of the ascending channel. That upper channel resistance aligns with a target of roughly $17.53, which appears on the chart as the ultimate objective of the move. What Comes Next for XRP? Kucuker’s outlook extends beyond price targets. The analyst believes XRP could challenge Ethereum’s position in the cryptocurrency rankings if the bullish setup on the chart continues to develop. At $17.53, XRP’s market cap would surpass $1 trillion. This would make it 5x larger than Ethereum, which currently sits at $202 billion. If the former resistance level continues to hold as support, the breakout structure would remain intact, and XRP could reach these astronomical levels. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Data Analyst Says XRP Will Hit This Price in the Bull Run appeared first on Times Tabloid .

6 Jun 2026, 06:00

Dogecoin Tests Channel Floor Again: Breakdown Or Rebound?

A cryptocurrency analyst has pointed out how Dogecoin has returned to the support level of a Parallel Channel following the latest market decline. Dogecoin Is Potentially Following A Parallel Channel In a new post on X, analyst Ali Martinez has talked about how Dogecoin is currently trading with respect to a Parallel Channel. This type of technical analysis (TA) pattern forms whenever an asset moves between two parallel trendlines. Related Reading: Bitcoin Price Back At $63,000 Despite 1.2 Million BTC Absorption The upper level of the channel can act as a source of resistance, while the lower can provide support. Together, the trendlines keep the price locked between them. If either of these levels fails, then the price may see a continuation of the trend in the direction of the break. That is, a surge above the pattern can be a bullish signal, while a fall under it is a bearish one. Parallel Channels can be divided into a few different categories based on how the channel is oriented with respect to the graph axes. The “Ascending Channel” forms when the trendlines point up, while the “Descending Channel” involves a negative slope. In the context of the current topic, the third and simplest type is of interest: a Parallel Channel that’s parallel to the time-axis. This pattern corresponds to a phase of true sideways consolidation in the asset. Now, here is the chart shared by Martinez that shows the Parallel Channel that the daily Dogecoin price has been trading inside over the past few months: As displayed in the above graph, Dogecoin retested the upper level of the Parallel Channel in May, but ended up finding rejection. Since then, the memecoin has sharply moved down the width of the channel, reaching the bottom level. During this descent, the asset not only broke under the support of the midway level, but it also lost the 50-day moving average (MA). With DOGE now retesting the lowest trendline of the channel, it remains to be seen how the asset will develop in the coming days. “As long as this support holds, I think a recovery toward $0.1019 and $0.1156 remains likely,” noted the analyst. “A breakdown, however, could expose the next major supply zone near $0.067.” Related Reading: Bitcoin Traders Turn Most Fearful In 2 Months Following Crash While Dogecoin has still not broken out of its Parallel Channel, another altcoin, Cardano, has seen a different outcome. As Martinez has highlighted in another X post, the weekly ADA price has fallen under the support level of a long-term channel recently. Parallel Channel breakouts are often assumed to be of the same length as the width of the channel. Based on this, the analyst explained, “For Cardano $ADA, my targets are $0.11 and $0.051.” DOGE Price Following the latest continuation of the drawdown, Dogecoin has reached the $0.843 level. Featured image from Dall-E, chart from TradingView.com

6 Jun 2026, 06:00

Assessing the 14% drop in AVAX’s price – What will traders do now?

Where do traders in the AVAX market stand right now?