Invest ideasNews
12 May 2026, 01:05
EUR/GBP Price Forecast: Resistance at 0.8655 Caps Gains as Bulls Struggle
BitcoinWorld EUR/GBP Price Forecast: Resistance at 0.8655 Caps Gains as Bulls Struggle The EUR/GBP currency pair continues to face stiff resistance near the 0.8655 level, a technical barrier that has repeatedly stalled bullish attempts in recent trading sessions. This persistent resistance level is keeping the pair in a tight range, leaving traders to weigh the next directional move against a backdrop of diverging monetary policy expectations between the European Central Bank and the Bank of England. Technical Picture: 0.8655 as a Key Ceiling From a technical standpoint, the 0.8655 mark has emerged as a critical pivot point. Over the past several days, the pair has approached this level on multiple occasions only to retreat, suggesting strong selling interest or profit-taking just above it. The repeated rejection reinforces the level’s significance as near-term resistance. Support on the downside is currently seen around the 0.8600 handle, a psychologically important round number that has provided a floor during intraday dips. A break below this level could open the door toward the 0.8570 region, where the 50-day moving average sits. Conversely, a sustained move above 0.8655 would shift the technical bias to a more bullish one, targeting the 0.8700 area next. Fundamental Drivers: Policy Divergence in Focus The resistance level is not purely technical. It reflects the underlying fundamental tug-of-war between the euro and the pound. The Bank of England has maintained a relatively hawkish stance compared to the ECB, with markets pricing in a slower pace of rate cuts from the UK central bank. This relative strength in the pound has been a key factor capping EUR/GBP upside. Meanwhile, the euro has been under pressure from weaker-than-expected economic data out of the eurozone, particularly in manufacturing and services PMI readings. The ECB’s recent signals point toward potential rate cuts later this year, which has weighed on the single currency. What Traders Should Watch For traders monitoring this pair, the 0.8655 level remains the immediate focus. A clear break above it, confirmed by a daily close, would signal a shift in momentum. On the flip side, continued rejection could lead to a retest of the 0.8600 support and possibly lower levels. Key data releases this week, including UK inflation figures and eurozone GDP revisions, could provide the catalyst needed to break the current stalemate. Any surprises in either direction would likely influence the pair’s next major move. Conclusion The EUR/GBP pair remains in a technical standoff, with the 0.8655 resistance level acting as a formidable barrier for bulls. While the broader trend still favors the pound due to relative monetary policy expectations, the pair’s inability to break higher suggests a period of consolidation may persist until a clear fundamental catalyst emerges. Traders should watch for a decisive break of this level to confirm the next directional bias. FAQs Q1: Why is the 0.8655 level so important for EUR/GBP? The 0.8655 level has acted as a strong resistance point, with the pair failing to break above it on multiple occasions. It represents a key technical barrier where sellers have consistently stepped in, making it a critical level for determining near-term direction. Q2: What could cause EUR/GBP to break above 0.8655? A sustained break above 0.8655 would likely require a significant catalyst, such as weaker-than-expected UK economic data or stronger eurozone data, which could shift the relative monetary policy outlook between the ECB and the Bank of England. Q3: What are the next support levels if EUR/GBP falls? Immediate support is at 0.8600, followed by the 50-day moving average around 0.8570. A break below that could see the pair test the 0.8550 region. This post EUR/GBP Price Forecast: Resistance at 0.8655 Caps Gains as Bulls Struggle first appeared on BitcoinWorld .
12 May 2026, 01:00
Bitcoin Exits ‘Panic Zone,’ But Capital Inflows Remain Weak
On-chain data shows Bitcoin network conditions have improved recently, but net capital inflows are still of a relatively weak order. Bitcoin Realized Cap Now Rising, But Only In A Slow Manner As pointed out by CryptoQuant author Axel Adler Jr in an X post, Bitcoin has exited from the “panic zone” on the Realized Profit/Loss Ratio. This on-chain indicator tells us, as its name suggests, whether BTC investors are selling their coins at a profit or loss. Related Reading: XRP Pulls Back, But TD Sequential Flashes Buy Signal Below is the chart shared by Adler Jr that shows how the 30-day moving average (MA) value of the metric has changed for Bitcoin over the past decade. As is visible in the graph, the 30-day SMA of the Bitcoin Realized P/L Ratio shot up to significant levels during 2025, suggesting investors were using the bullish momentum to take profits. The trend shifted in the last quarter of the year as the sector as a whole observed a downturn. After the drawdown extended in 2026, the indicator collapsed to a value that historically coincided with panic capitulation from investors. Since this loss-taking event, however, the market has found some stability, and the metric has slowly been making its way back up. Right now, the Realized P/L Ratio is no longer signaling a panic phase for the network, meaning that market conditions have started to improve. Though, for now, the metric still has a relatively low value. Another adjacent development in the market is that the Realized Cap has finally reversed course, as the analyst has highlighted in another X post. The “Realized Cap” is an on-chain capitalization model for Bitcoin that measures its total value by assuming that the ‘real’ value of each token in circulation is equal to the price at which it was last involved in a blockchain transaction. In short, what this model captures is the total amount of capital that investors as a whole used to purchase their BTC. Here is a chart that shows the trend in the indicator, as well as its 30-day change, over the last few years: From the graph, it’s apparent that the Bitcoin Realized Cap shrank alongside the earlier bearish price action, with its 30-day change sinking to a notable negative value. The recent market recovery has meant, however, that the capital netflow has reversed course. Related Reading: XRP Network Quiet: Adoption & Activity Plunge From 2024 Peak Currently, the 30-day change in the metric has a slight positive value, suggesting that some capital has flowed into BTC over the past month, although its scale has remained low when compared to past bullish periods. BTC Price Bitcoin has taken to sideways movement recently as its price is still floating around the $81,000 level. Featured image from Dall-E, chart from TradingView.com
12 May 2026, 00:40
TRUMP team moves $29M in tokens as sellers tighten grip on memecoin market
The Trump memecoin’s affiliated team has moved nearly $29 million in TRUMP tokens, even as the memecoin market continues to come under pressure. Blockchain tracking platform Lookonchain said wallets connected with the project had transferred millions of tokens to a separate address and later deposited a large amount into crypto custodian BitGo. The transfers came as TRUMP traded around $2.40, fueling fears that sellers are once again ruling the market and that more downside will follow. But broader regulatory developments in the U.S. have drawn the attention of market participants. Members of the Senate Banking Committee are under pressure right before the May 14 markup of the CLARITY Act . Digital asset advocacy group Stand With Crypto (SWC) said on May 11 that it will officially score recorded votes on the legislation, representing more than 2.9 million supporters in the United States, as lawmakers consider advancing digital asset market structure rules out of committee. Large wallet transfers raise fresh market concerns The official Trump Team Allocation wallet moved 4.915 million TRUMP tokens (roughly $12.09 million) to the wallet “3S7zwP,” according to Lookonchain . Soon thereafter, the same wallet deposited another 7 million TRUMP tokens, worth about $17.22 million, to BitGo as well. *]:pointer-events-auto [content-visibility:auto] supports-[content-visibility:auto]:[contain-intrinsic-size:auto_100lvh] R6Vx5W_threadScrollVars scroll-mb-[calc(var(--scroll-root-safe-area-inset-bottom,0px)+var(--thread-response-height))] scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]" dir="auto" data-turn-id="request-6a025f46-70c4-83ea-8297-28c58aa33d27-8" data-turn-id-container="request-6a025f46-70c4-83ea-8297-28c58aa33d27-8" data-testid="conversation-turn-10" data-scroll-anchor="false" data-turn="assistant"> Over the past three weeks, the wallet has already shifted a cumulative 7.5 million TRUMP tokens, totaling approximately $21.8 million in transfers. But even after its most recent move, the wallet still held roughly 1.5 million TRUMP tokens worth roughly $3.6 million. While the transfers don’t verify that the tokens were sold directly, traders tend to take large transactions to custodial or exchange-related wallets as a warning sign. In crypto markets, such relocations can amplify trepidations that insiders may one day sell tokens into the market. The timing has also been scrutinized, as the TRUMP memecoin has been struggling to recover amid other speculative crypto assets that have struggled to rebound. Market participants are watching closely to see if additional transfers come in the coming days. Why are sellers dominating the memecoin market? Spot trading data indicates that sellers currently have the upper hand across the memecoin space. Market-tracking tools showed more “heating” in spot trading activity, suggesting traders and participants have been trading heavily in recent sessions. But the flow is mostly selling activity, not buying. A very popular indicator, the Spot Taker Cumulative Volume Delta (CVD), has remained negative for an extended period. A negative reading usually suggests that aggressive sellers can overpower aggressive buyers in the market. This is important because a lot of trading, coupled with high seller power, tends to cause knock-on price drops. When traders jump at the risk they carry by exiting positions simultaneously, prices fall faster as liquidity worsens. The larger memecoin market has been struggling for weeks, even as traders retreat from high-risk, speculative assets. Uncertainties in the crypto market and a decline in investor appetite for meme-based tokens have curtailed buying momentum. TRUMP, which previously enjoyed heavy social media buzz and political branding, has not escaped the broader downturn. While wallet activity recently began attracting attention on the internet, the token price was almost entirely flat in response, a result some analysts consider a signal that the market is still weak. Could TRUMP fall below $2? Despite millions of dollars in transacted tokens, TRUMP was still trading around $2.40. Technical signals now indicate that bearish momentum remains strong. One of the most important metrics, the Balance of Power indicator, remained firmly in negative territory at about -0.68. This is usually an indication that sellers are more powerful in controlling price action than buyers. Another technical signal, the Aroon Oscillator, has remained negative for almost two weeks as well. Recently, the indicator was at or near -28, reinforcing expectations of further deterioration. Combined, they indicate sustained bearish pressure in the market. If things persist, analysts say, TRUMP could head below the $2.30 level of support that matters. And that would be a more likely slide toward $2.00. Traders need to see, for now, whether team-linked wallet tokens keep moving and whether memecoins’ overall sentiment improves. If you're reading this, you’re already ahead. Stay there with our newsletter .
12 May 2026, 00:32
Solana ETFs see $39 million weekly inflow as SOL jumps 15%
🚀 $39 million flowed into spot Solana ETFs in a single week. Solana’s price soared by 15% as $SOL benefited from surging investor demand. 💡 Critical data: Total spot SOL ETF inflows hit $1.06 billion and futures interest jumped above $6 billion. Continue Reading: Solana ETFs see $39 million weekly inflow as SOL jumps 15% The post Solana ETFs see $39 million weekly inflow as SOL jumps 15% appeared first on COINTURK NEWS .
12 May 2026, 00:30
How to Read the BTC/USDT Spot CVD Chart: A Guide to Order Flow and Market Sentiment
BitcoinWorld How to Read the BTC/USDT Spot CVD Chart: A Guide to Order Flow and Market Sentiment For traders monitoring Bitcoin’s spot market, the BTC/USDT Cumulative Volume Delta (CVD) chart offers a detailed look into real-time order flow. By combining a Volume Heatmap with a delta line that tracks buying and selling pressure by trade size, this tool helps identify potential support and resistance levels based on actual trading activity rather than price alone. Understanding the Volume Heatmap The top section of the chart displays a Volume Heatmap, which visualizes trading volume at specific price levels for the BTC/USDT pair. When the price lingers in a particular range or makes a significant move, the background at those levels becomes brighter. These brighter areas often act as support or resistance in future price action, as they represent zones where a large number of trades have already occurred. Traders use this information to anticipate where the market might react again. What the Cumulative Volume Delta (CVD) Shows Below the heatmap, the CVD indicator plots the net difference between buy and sell orders over time, categorized by trade size. The indicator rises as buy orders increase and falls when selling pressure dominates. The chart uses color-coded lines to represent different order sizes: the yellow line tracks smaller orders ranging from $100 to $1,000, while the brown line monitors large institutional-sized orders between $1 million and $10 million. This distinction helps traders gauge whether retail or institutional participants are driving the market. Why Trade Size Matters Analyzing CVD by trade size provides insight into market composition. A rising brown line suggests large players are accumulating or distributing Bitcoin, which can signal a shift in trend. Conversely, a rising yellow line may indicate retail-driven momentum that could be less sustainable. By watching both lines, traders can better assess the strength behind a price move and avoid being misled by low-volume fluctuations. Practical Applications for Traders The CVD chart is particularly useful for intraday and swing traders who rely on order flow analysis. For example, if Bitcoin approaches a price level that previously showed high volume on the heatmap, a trader might watch the CVD lines for confirmation. If the CVD shows strong buying at that level, it could reinforce the level as support. If selling pressure dominates, the level may break. This approach adds a layer of confirmation beyond standard technical indicators like moving averages or RSI. Conclusion The BTC/USDT spot CVD chart is a practical tool for traders who want to move beyond price action and understand the underlying order flow. By combining the Volume Heatmap with trade-size-specific delta lines, it offers a clearer picture of market sentiment and potential turning points. As with any indicator, it works best when used alongside other forms of analysis and within a broader trading strategy. FAQs Q1: What does CVD stand for in crypto trading? CVD stands for Cumulative Volume Delta, which measures the net difference between buy and sell orders in the order book over a specific period. Q2: How is the Volume Heatmap different from regular volume bars? The Volume Heatmap shows volume at specific price levels on the chart, highlighting where trading activity has concentrated. Regular volume bars show total volume over time intervals, not price levels. Q3: Can the CVD chart be used for other trading pairs? Yes, the CVD chart is available for many spot trading pairs on platforms that support it, including ETH/USDT, SOL/USDT, and others. The same principles apply across different assets. This post How to Read the BTC/USDT Spot CVD Chart: A Guide to Order Flow and Market Sentiment first appeared on BitcoinWorld .
12 May 2026, 00:22
Top Analyst Confirms The Bearish Target: Bitcoin Could Ease Down To $40,000
The latest Bitcoin (BTC) rally is already showing signs of losing momentum, and several analysts warn that a larger correction may be closer. AlejandroBTC—posting on X (formerly Twitter)—called the current price behavior “a dead cat bounce,” suggesting the recent rebound may be near its end and that Bitcoin could be set up for a much deeper drop. Bear Market Still In Play? In AlejandroBTC’s “most optimistic” framing, the move above $82,000 could have actually marked the top for the cryptocurrency. If that scenario plays out, he warned it could trigger a major downturn. His estimate points to a potential 50% decline toward the $40,000 region. In his view, that area would not just be another dip, but potentially where a more durable “solid base” could form—effectively implying a market bottom could be built from there rather than continuing to spiral lower. Related Reading: Dogecoin Price Set To Hit $5 Amid New Influx From Smart Money? Another analyst, CryptoCon, offered a different way of thinking about where Bitcoin might be in its cycle. CryptoCon cited the average timeline for past bear markets, saying that based on the historical average of 391 days, the current bear market is estimated to be 55% complete. According to his calculation, the market is 216 days into the cycle. He added that the lowest drawdown point so far is around -52%, which he described as about 25% higher than the previous cycle’s low. Put plainly, CryptoCon argues that, if history is the guide, Bitcoin may not yet be near the typical drawdown levels many past bear markets eventually reached—and that means there’s still room for additional downside before the “usual” worst-case territory appears. Why This Week Could Mark ‘The Top For Bitcoin’ That bearish case was echoed by market expert CryptoRover, who suggested that this week “might be the top for Bitcoin.” Rover’s point was not only about current price behavior, but also about historical repetition. He pointed to examples from past years: the pattern played out in 2014, leading to a 65% crash; in 2018, leading to a 64% crash; and in 2022, leading to a 52% crash. Based on that track record, Rover implied there are reasons to think something similar could occur again. To support his view that risk may be rising as the cycle matures, CryptoRover also outlined three catalysts he says could contribute to downside if they align with the current timing. The first is an open interest (OI) spike. He said Bitcoin recorded the largest monthly OI spike of 2026, and that the same pattern appeared in altcoins as traders try to chase the latest momentum. In his framework, when OI rises this quickly, it can often be followed by a liquidation cascade—especially if prices reverse and heavily leveraged positions get forced out. Related Reading: Solana (SOL) Breakout Setup Strengthens As Bulls Regain Full Control The second factor is the likelihood of a new Federal Reserve (Fed) chair being confirmed this week. Rover claimed that every time a new Fed chair has been confirmed, Bitcoin has tended to drop. The third factor is stock euphoria. CryptoRover said equities have been “absolutely parabolic” recently and that a cooldown is likely. He pointed out that when stocks hit new all-time highs, Bitcoin and altcoins stayed well below their own highs. He concluded that if stocks undergo a correction, crypto—still lagging compared to the sector’s performance—could face increased pressure. Featured image created with OpenArt, chart from TradingView.com
