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11 May 2026, 16:20

Bitcoin Rally Persists as USDT Minting Pauses, Signaling Market Maturity

BitcoinWorld Bitcoin Rally Persists as USDT Minting Pauses, Signaling Market Maturity Bitcoin’s recent price surge has continued even as the flow of new USDT stablecoins into the market has temporarily slowed, according to on-chain analyst Maartunn. The observation challenges a common narrative that Bitcoin’s upward moves are primarily fueled by fresh stablecoin issuance from Tether. On-Chain Data Reveals a Shift Maartunn noted on X that while new USDT minting has been quiet in recent days, Bitcoin’s rally has not lost momentum. This marks a departure from the pattern seen over the previous two weeks, where large-scale USDT issuance appeared to support price increases. The analyst’s comments highlight a potential shift in the underlying dynamics of the current bull run. Stablecoin Inflows and Price Action: A Historical View The Crypto Basic observed that from late 2024 through most of 2025, sharp price increases in Bitcoin often coincided with surges in USDT issuance. These spikes in stablecoin creation, frequently occurring just before or during price climbs, suggested that new liquidity was actively entering the market and fueling gains. The pattern was so consistent that many traders used USDT minting as a leading indicator for Bitcoin’s next move. What the Pause Means for the Market The current situation is different. A sustained bull market without new stablecoin inflows could point to a stronger, more durable trend. It suggests that demand for Bitcoin is coming from existing market participants or from capital rotating out of other assets, rather than relying on a constant influx of new stablecoin liquidity. This type of organic demand is often seen as a healthier sign for long-term price stability and can reduce the risk of a sharp correction when stablecoin issuance eventually resumes or slows. Conclusion The continued Bitcoin rally amid a pause in USDT minting suggests the market may be entering a more mature phase, driven by genuine demand rather than new liquidity injections. While it is too early to declare a permanent shift, the development provides a fresh perspective on the relationship between stablecoin flows and Bitcoin’s price action. Traders and investors should monitor whether this trend persists, as it could signal a more sustainable foundation for the current bull market. FAQs Q1: Why is the pause in USDT minting significant for Bitcoin’s rally? A1: It suggests that the current price increase is not solely dependent on new stablecoin liquidity entering the market, which could indicate a more organic and potentially sustainable demand for Bitcoin. Q2: Does this mean Tether has stopped minting USDT? A2: No, it only indicates a temporary slowdown or pause in new issuance. Tether continues to operate normally, and minting can resume at any time based on market demand. Q3: Should investors change their strategy based on this data? A3: While it is a positive signal for market health, investors should consider a wide range of on-chain and market data before making decisions. No single indicator should be used in isolation. This post Bitcoin Rally Persists as USDT Minting Pauses, Signaling Market Maturity first appeared on BitcoinWorld .

11 May 2026, 16:20

BTC Cleared $80K - The Options Market Is Not Celebrating Yet

Summary BTC crossed $80K, but options flow did not confirm a new bullish regime. Every session above $80K had less than $1.5M options volume and negative net delta - except one repositioning trade on May 7. ETH is not confirming BTC’s move. The BTC/ETH divergence on May 7 was explicit: BTC delta positive, ETH delta negative, same day. ETH put structures expanded in the second half of the window while spot stayed flat. The BTC futures curve is uniformly in mild contango - the one clean supportive signal. May 29 is the key expiry: the $83K-86K call range and the $76K put floor both resolve there. BTC crossed a key structural level, but options flow still wants confirmation - and ETH is not confirming the move. 1. Investment Thesis Bitcoin ( BTC-USD ) cleared $80K. That matters. In my previous article , $80K was still the question - not the answer. The persistent call book above that strike, written for 92 consecutive days with $56.7M total volume in the prior persistent-instrument report, looked like structural supply. Now spot has crossed it. But the options market did not behave like a confirmed bullish breakout. May 7 was the first positive-delta session above $80K, but the dominant trades were deep ITM September $66K and $68K calls. That looks more like long exposure being repositioned than fresh upside being chased. ETH ( ETH-USD ) is the sharper contrast. While BTC crossed $80K, ETH stayed range-bound between $2,289 and $2,382. The ETH options flow turned more defensive in the second half of the period: May 7 and May 9 both showed extreme put PCRs, driven by large put activity across Jun and Dec expiries - including fully bought protection on May 9 and written high-strike puts on May 7. The BTC/ETH divergence table flagged it directly: BTC bullish / ETH defensive divergence on May 7, with BTC delta-positive and ETH delta-negative on the same day. My base case: BTC has crossed $80K, but I need one high-volume session with positive delta and call-heavy adjusted PCR before calling this a regime shift. That is constructive - not confirmed. ETH makes the setup less clean: spot has not responded to BTC’s move, while defensive put structures there expanded through the second half of the window. For investors, the practical read is that $80K is now the level to confirm as support, not proof that a new regime has begun. 2. Market Context The data period runs May 1 to May 10. The previous article closed with BTC at $78,681 and one open question: the May 6 $80K call bought on May 2 - did it expire in the money? It did trade in the money by spot - May 6 showed spot at $81,926, above the $80K strike. But May 6 did not give a clean confirmation signal: options volume was only $1.07M, and the dominant instrument was the May 10 $72K call at 27.4% of the session. That is not the instrument I would expect to dominate a clean upside confirmation session with spot already above $80K. The session gave the least useful directional read of the window. BTC then consolidated between $79,787 (May 4) and $81,926 (May 6) before the more significant May 7 session - BTC at $80,789, options volume $1.15M, PCR 0.13, dominated by deep ITM Sep call buying. May 8 followed with BTC at $79,892 - a mild pullback - and the first session with meaningful put-weighted flow in the near-dated range (31-90 day puts: 32.8% of day). May 9 closed the data window with BTC at $80,471 and thin volume ($0.05M), still above $80K. ETH moved more narrowly: $2,293 on May 1, peaking at $2,382 on May 6, then falling back to $2,289 by May 8 and holding $2,320 on May 9. ETH options flow became significantly heavier and more defensive in the back half of the window - May 4 was the largest ETH session ($3.79M volume), dominated by a risk-reversal structure that sold a Dec $3,400 call and sold a Jun $3,400 put simultaneously. 3. Options Market Signal 3.1 BTC - Nine Sessions, One Volume Day, and No Clean Regime Signal The BTC daily table shows nine sessions, but only a handful had real options volume. May 1 remains the largest session by far at $12.78M. The rest of the window was thin, which is both a limitation and a signal in itself: BTC crossed $80K without a high-volume options confirmation day. May 7 was the most structurally interesting session above $80K. PCR 0.13, flagged extreme call-heavy. The dominant prints: Sep $66K and Sep $68K calls, aggressively bought ($453K and $416K, buy ratio of 1.000 on both), approximately 141 days to expiry, IV 45% and 44.4%. At spot $80,789, those strikes are 17% in the money. Someone is replacing spot exposure with option-based long exposure - keeping upside participation while changing the risk profile. Net delta was +$0.93M, which I take as confirmation of a long position being managed, not a new one being opened. May 8 is where I would watch more carefully. BTC pulled back to $79,892 and the flow shifted: Jun $92K put was sold ($328K, buy ratio of 0.000), but the May 12 $82K call was aggressively bought ($283K, 17 trades, buy ratio of 0.998). Taken together, that looks more like a bullish synthetic / risk-reversal-style setup than a simple call chase: near-dated upside was bought, while the sold Jun $92K put monetized downside risk at a higher strike. The Jun $94K put was also bought ($110K, buy ratio of 1.000), consistent with downside hedging on a long position. Net delta was +$0.07M - effectively flat. The session is cleaner than May 7 structurally, but volume was only $1.34M. 3.2 The PCR Distortion Picture This is why I do not read raw PCR in isolation. In several sessions this window, one dominant trade changed the headline ratio enough to distort the directional read entirely. May 5 and May 6 are the clearest examples. May 5: raw PCR 0.73 (call-heavy), but the dominant instrument was the Dec $84K put, sold at buy ratio of 0.000, representing 21.6% of the day. Remove it, and adjusted PCR drops to 0.36 - strongly call-heavy. One entity sold long-dated downside protection and the headline read flipped. May 6 is the inverse problem: raw PCR 1.09 (slightly put-heavy), but the dominant instrument was the May 10 $72K call, aggressively sold (buy ratio of 0.000, 27.4% of session). Once removed, adjusted PCR jumps to 2.57 - the tape was actually much more put-weighted than the headline suggested. The Dec $92K put also sold that day ($73K, buy ratio of 0.000). May 6 was structurally more defensive than raw PCR indicated. 3.3 Net Delta - What the Table Actually Shows Put the delta numbers in a line: May 1 (-$2.75M), May 4 (-$0.39M), May 5 (-$0.74M), May 6 (-$0.69M), May 7 (+$0.93M, repositioning as described above). Four negative, one positive - and the positive one is the ITM call trade. That is the delta picture across the entire window when BTC crossed $80K. I find that hard to dismiss. Spot crossed $80K while the options delta was negative almost every day. That is participants managing exposure, not adding it. It does not break the recovery thesis - but it is the reason I am not upgrading to a confirmed bullish regime. 4. ETH Options Signal ETH was harder to read than BTC this window, and not in the obvious way. The largest ETH session was May 4 ($3.79M volume): Dec $3,400 call sold ($1.84M, buy ratio of 0.000) alongside Jun $3,400 put sold ($1.50M, buy ratio of 0.000). A risk reversal - both legs written simultaneously, both at $3,400 but different expiries. Range trade. The adjusted PCR after removing the dominant instrument: 6.68. One of the larger distortions in the ETH dataset. May 7 ($1.10M volume) and May 9 ($0.96M volume) were the sessions that changed my ETH read. Both showed extreme put PCRs: 8.3 and 51.96 respectively. On May 7, the Jun $3,600 put was sold ($689K, buy ratio of 0.000, 62.4% of day) - a large put being written, not bought. But the adjusted PCR after that removal was still 2.5, and multiple Dec puts (at $2,600, $2,700, $2,800) were aggressively bought alongside. The net delta on May 7 was -$0.47M, confirming the defensive tilt. May 9 is the most extreme: PCR 51.96, dominated by the Jun $3,200 put at 92.2% of session ($890K, buy ratio of 1.000 - fully bought). Adjusted PCR after removal: 3.1. Net delta: +$0.84M. The positive delta alongside extreme put buying looks like a hedge on a long position, not a standalone short. The hedge filter for that day: hedge, not an outright short. But $890K of Jun $3,200 put buying - 37.5% above current spot - is not a routine hedge. That is significant downside protection at a level far from current spot. 5. Futures and Spot This is the one layer that still supports BTC unambiguously. The options tape is not giving me full confirmation yet, but the futures curve is not showing stress either. BTC futures (inverse) showed long-side dominant on May 1 with positive basis (+0.018%), then aggressive buy signals on May 5, 6, 7 futures sessions - consistent with the spot climb toward and above $80K. The BTC term structure is uniformly in mild contango across all expiries from 10May26 to 26Mar27; selected maturities range from 1.00% annualized basis (BTC-29MAY26) to 2.81% (BTC-26MAR27). Healthy, upward-sloping, no stress. ETH futures told the opposite story on May 1: short-side dominant, basis -0.012%, funding -0.035%. That was the day BTC futures showed long dominance. The ETH term structure shows one near-term instrument (ETH-10MAY26) in backwardation (-1.15% annualized basis), with everything else in mild contango. The backwardation in the shortest ETH contract is worth noting - it does not exist in BTC. Liquidations were quiet for BTC - no spike signals across the entire window, no significant liq_buy or liq_sell volume. ETH showed one liquidation flag on May 1: spike signal, long_flush dominant, 19 liquidation events, with liq_sell_M of $0.002M. Small in absolute terms, but it was 3x the period average. ETH futures had short positions being flushed alongside spot recovery attempts - consistent with the short-dominant futures position on the same day. 6. BTC Scenario Map The $80K crossing changes the scenario framing but does not resolve the underlying question. BTC is above the structural call ceiling that was written for 92 days. The question now is whether the persistent sellers begin covering (buy ratio rising on the Dec $80K call) or re-engage above current spot. 7. ETH ETH is not confirming BTC here. The cross-asset divergence table for May 7 is explicit: BTC bullish / ETH defensive divergence. BTC delta was +$0.93M, ETH delta was -$0.47M on the same day. BTC spot was at $80,789; ETH was at $2,316 - below its May 6 high of $2,382. The ETH options flow across the second half of this window shows something specific: unusually large put activity at strikes far above current spot - some bought as protection, some written as part of structured positioning. The Jun $3,200 put bought on May 9 ($890K, fully bought) is 37.5% above current ETH spot of $2,320. The Jun $3,600 put sold on May 7 is 55% above spot - written, not bought. These are not near-term directional trades. They are structured position components that assume ETH could be substantially higher at those expiries. The May 4 risk reversal ($3,400 call and put both sold) I covered in section 4. What it tells me here is simpler: whoever did that trade is not afraid of ETH at $2,320. They are running a range book at a much higher implied level. For me, the key ETH takeaway is this: the options flow is not bearish on ETH in the directional sense. The Mar 2027 $2,000 put bought on May 4 ($85.7K, buy ratio of 1.000) - which I highlighted in the previous article - is still the most important downside signal. But the large put activity above spot tells two different stories: Jun $3,200P was bought aggressively (May 9, buy ratio of 1.000, $890K); Jun $3,400P and Jun $3,600P were sold / written (May 4 and May 7 respectively). Taken together, this is not uniform put buying - it is structured position management at implied levels well above current spot, with some participants selling vol and others buying specific strike protection. ETH is weaker than BTC on spot. That much is simple. But the options flow is not simple. I keep coming back to this: the $2,000 put is still being bought across expiries as insurance, while $3,200-3,600 puts are being written by someone who thinks ETH goes higher. Those two things can both be true at the same time. I find that combination more unsettling than a straightforwardly bearish tape would be. 8. Risks to the Thesis The first risk: no high-volume confirmation above $80K. Every day above $80K this window had less than $1.5M options volume. If the next large session shows negative delta and put-heavy adjusted PCR, the crossing looks less like a regime change and more like a temporary spike into persistent supply. The second risk: the persistent call writer returns. The Dec $80K call has been written for 92 days. If sellers begin writing $81-84K calls with the same persistence, the ceiling moves up but does not disappear. New persistent instruments in the $83-86K range in the next report would be the signal. The third risk: ETH high-strike put buying accelerates. The May 9 Jun $3,200 put - $890K, fully bought, 92.2% of session - is already unusual. If the next ETH report shows similar prints added, that moves the read from structured position management toward genuine preparation for a large move. The fourth risk: BTC futures basis weakens. The uniform mild contango is the cleanest confirmation layer I have. If short-dated contracts start moving toward backwardation - as ETH’s nearest contract already shows - the one clean positive signal in this dataset disappears. The fifth risk: May 29 fails to confirm. The $76K put floor ($727K, buy ratio of 0.901), the $86K call ($107K, buy ratio of 1.000), and the $83K call ($68K, buy ratio of 0.936) all resolve at that expiry. If the upside calls expire worthless without a vol session behind them, the medium-term continuation case weakens significantly. 9. Where Price Goes From Here I said in the previous article that the lean was slightly upward, toward a test of $80K before a test of $76K. That call was correct directionally. BTC reached $81,926. Now the question is different: does $80K hold as support, or does it revert to resistance? The options data as of May 10 supports consolidation above $80K - but not a clean continuation run. The May 1 $83-86K calls (buy ratio of 1.000 and 0.936) define the next visible target in the flow. If those come into the money by May 29, the tape confirms. If BTC stalls here and they expire worthless, the next read depends entirely on what the next high-volume session brings. I do not have that session yet. On the downside, the $76K put floor from May 1 ($727K, buy ratio of 0.901) remains active until May 29. That is the options-visible floor. A close below $79K on high options volume, with put-heavy adjusted PCR and negative delta, would be the first signal that the base case is breaking. BTC directional lean: Consolidation in the $79-83K range, with the May 29 call range ($83-86K) as the medium-term upside target. The base case breaks on a high-volume session with negative delta and put-heavy adjusted PCR below $79K. ETH is harder to state a lean on. The spot range of $2,250-2,350 has been consistent. The options flow shows large-scale position management at strikes far above current spot - suggesting some participants expect ETH higher - but spot has not responded to BTC's $80K crossing with a comparable move. If BTC holds above $80K through the next high-volume session, ETH likely follows toward $2,400-2,450 in sympathy. If BTC stalls, ETH is more vulnerable given the lack of near-term put floor defense equivalent to BTC's May 29 $76K structure. ETH directional lean: Range $2,250-2,380, while BTC consolidates above $80K. A BTC-led move higher brings $2,400-2,450 into play. A BTC reversal below $79K increases downside pressure on ETH toward $2,200-2,250, where the $2,000 put structure from the previous week becomes the relevant reference floor. 10. Final Investor Takeaway This is not a price prediction. It is my reading of market structure based on available Deribit inverse options and futures data through May 10, 2026. BTC crossed $80K. The futures term structure is clean - uniform mild contango, no stress, no liquidation spikes. Those are facts. What I do not have yet is a high-volume options session above $80K with positive delta and call-heavy adjusted PCR. Until I see that, the crossing is constructive but incomplete. ETH spot has not confirmed BTC’s move. The $2,000 put floor remains the explicit downside reference from the prior report. What I am watching next The next report should answer three questions. First, does BTC finally produce a high-volume options session above $80K with positive delta and call-heavy adjusted PCR? Everything else in this article is provisional until I see that. Second, do the persistent Dec $80K call writers begin covering - a rising buy ratio on that instrument - or do they re-engage above spot? Third, does ETH close the divergence? A session with positive delta and adjusted PCR below 0.7 while BTC holds above $80K would tell me the cross-asset split is resolving. If ETH keeps lagging while the defensive put structures expand, the split is real and growing. May 29 remains the key expiry to watch: the $83-86K BTC call range and the $76K put floor both resolve there. The basis and ETH flow in the next report will tell me whether the one clean supportive layer - the futures curve - is holding. Until then, BTC above $80K is constructive - but not yet a confirmed regime change. Data: Deribit inverse options + futures, May 1-10, 2026 inclusive. Linear options excluded. Analysis: IVCompass. Disclaimer: This analysis is intended for informational purposes only. It reflects my reading of market structure and options positioning based on available data and should not be treated as financial or investment advice. Past positioning patterns do not guarantee future results. Always conduct your own research before making any investment decisions. Original Source: Author

11 May 2026, 16:18

Ripple secures $200 million funding from Neuberger Berman

🚀 Ripple secured $200 million funding from Neuberger Berman for its prime brokerage platform. This boost will increase available leverage and enhance institutional services in $XRP trading. 🏁 Critical data: Ripple’s prime brokerage revenues have tripled after major acquisitions. Continue Reading: Ripple secures $200 million funding from Neuberger Berman The post Ripple secures $200 million funding from Neuberger Berman appeared first on COINTURK NEWS .

11 May 2026, 16:10

CryptoQuant Data Signals Growing Momentum in Altcoin Market as Capital Rotates from Bitcoin

BitcoinWorld CryptoQuant Data Signals Growing Momentum in Altcoin Market as Capital Rotates from Bitcoin On-chain analytics firm CryptoQuant has identified early signs of momentum building in the altcoin market, citing a notable increase in short-term trading volume on centralized exchanges (CEX). According to the firm’s latest market analysis, the surge in altcoin volume relative to its long-term average suggests capital is beginning to rotate from major cryptocurrencies like Bitcoin into small and mid-cap altcoins. Volume Spike Signals Shift in Market Dynamics CryptoQuant’s data shows that short-term altcoin trading volume on major centralized exchanges has risen sharply above its historical moving average. The analytics provider interprets this as a technical indicator that traders are reallocating funds from large-cap digital assets into alternative coins, a pattern often observed in the early stages of broader market rallies. Historically, such volume divergences have preceded significant price movements in altcoin markets. The current data point, while not yet confirming a full-scale rally, suggests that investor sentiment is shifting. The move comes as Bitcoin has traded in a relatively narrow range over the past several weeks, prompting some market participants to seek higher-risk opportunities in smaller tokens. What This Means for Traders and Investors For retail and institutional observers, the CryptoQuant report offers a data-driven lens through which to assess market positioning. The firm emphasizes that the volume increase is not yet accompanied by a corresponding surge in prices across the board, indicating that the market may be in a phase of accumulation rather than immediate breakout. However, the signal carries weight given CryptoQuant’s track record in on-chain analytics. The firm’s metrics are widely followed by professional traders and often serve as leading indicators. If the volume trend continues, it could confirm a broader rotation cycle that historically has led to altcoin outperformance relative to Bitcoin. Context and Market Implications The altcoin market has faced a prolonged period of underperformance relative to Bitcoin through much of 2024 and early 2025. Many small and mid-cap tokens have seen reduced liquidity and muted price action. A sustained increase in trading volume on centralized exchanges would mark a meaningful shift in market structure, potentially attracting renewed retail interest and institutional participation. Centralized exchanges remain the primary venue for altcoin trading despite the growth of decentralized platforms. Volume data from CEXs is considered a reliable proxy for overall market activity, particularly for smaller tokens that may not have deep liquidity on decentralized exchanges. Conclusion CryptoQuant’s latest data provides a credible, data-backed signal that the altcoin market may be entering a new phase of momentum. While the trend is still developing and does not guarantee an immediate rally, the volume divergence warrants close monitoring by market participants. As always, traders should consider multiple data sources and risk management strategies before acting on any single indicator. FAQs Q1: What does CryptoQuant’s data show about altcoin volume? A1: CryptoQuant reports that short-term altcoin trading volume on centralized exchanges has risen above its long-term average, suggesting increased trader interest and potential capital rotation from Bitcoin into altcoins. Q2: Why is trading volume on centralized exchanges important for altcoins? A2: Centralized exchanges handle the majority of altcoin trading volume, especially for small and mid-cap tokens. Volume data from CEXs is a reliable indicator of market activity and liquidity. Q3: Does this signal guarantee an altcoin rally? A3: No. The volume increase is an early-stage signal and does not confirm a full rally. It indicates shifting sentiment and potential accumulation, but price movements depend on broader market conditions and further confirmation. This post CryptoQuant Data Signals Growing Momentum in Altcoin Market as Capital Rotates from Bitcoin first appeared on BitcoinWorld .

11 May 2026, 16:06

Can Bitcoin Price Flip $82,000 Into Support Ahead of Thursday’s CLARITY Act Vote?

At press time, the BTC price was moving near $81,000 after testing resistance above $82,000. However, geopolitical risks remain active after President Donald Trump rejected Iran’s latest counterproposal to end the U.S.-Iran conflict. Iranian state media said Tehran’s demands included war reparations, recognition of Iranian sovereignty over the Strait of Hormuz, and an end to American sanctions. However, analysts have said several factors have helped Bitcoin regain momentum. These include renewed spot Bitcoin ETF inflows, stronger institutional participation, rising whale holdings, and expectations that the Digital Asset Market Clarity Act could move forward in the United States. Digital asset investment products recorded $857.9 million in inflows last week, according to CoinShares. Bitcoin led the market with $706.1 million, extending its year-to-date inflows to $4.9 billion. The wider crypto fund market has now posted six consecutive weeks of inflows. ETF Inflows Strengthen Bitcoin Demand Spot Bitcoin ETFs remain one of the main drivers behind Bitcoin’s recovery. Spot Bitcoin ETFs recorded $623 million in net inflows last week, marking six straight weeks of positive inflows. The data shows that institutional positioning in Bitcoin remains intact, even as short-term traders appear to be taking profit near the $80,000 area. The recent two-day outflow streak also matters. It suggests some fast-moving capital has started trimming exposure after Bitcoin’s rebound, while longer-term allocation demand continues to support the broader trend. Source: SoSoValue Bitcoin remains the core institutional crypto allocation, but inflows are no longer limited to BTC. Ethereum ETFs brought in $70.49 million last week, led by BlackRock’s ETHA with $100 million in net inflows. That shows renewed interest in ETH, although demand appears concentrated in one major product rather than spread evenly across the full Ethereum ETF market. Solana and XRP also attracted fresh capital. Spot Solana ETFs recorded $39.23 million in net inflows, while spot XRP ETFs added $34.21 million. The flows suggest that as macro pressure eased and risk appetite improved, investors began adding higher-beta crypto exposure beyond Bitcoin. On-Chain Signals Point to Market Recovery On-chain data also shows signs of improving market conditions. Bitcoin’s adjusted spent output profit ratio has stayed above 1.0 for nine consecutive days since May 1. The adjusted SOPR measures whether coins moved on-chain are being sold at a profit or a loss. A reading above 1.0 means holders are spending coins at a profit on average. The nine-day streak shows that Bitcoin is absorbing profit-taking without a sharp breakdown in price. Analysts said this is the strongest sustained profitable-spending sequence since the October-to-November 2025 period. Another early bull signal has appeared on the Bitcoin Bull-Bear Market Cycle Indicator, according to analyst CW. The signal is the first of its kind since early 2023. Source: Cryptoquant CW noted that past early bull signals did not always lead directly to rallies. However, the analyst said current whale holdings remain near their highest levels, unlike a prior cycle when large holders sold into strength. CLARITY Act and Macro Events Remain in Focus Regulatory optimism has also supported sentiment. The Digital Asset Market Clarity Act is expected to face a Senate Banking Committee session this week. The bill would create clearer federal rules for digital assets and divide oversight between the Securities and Exchange Commission and Commodity Futures Trading Commission. Market participants view the legislation as important for institutional adoption because it could reduce legal uncertainty around crypto markets. Macro events may also shape Bitcoin’s next move. April consumer price data is due Tuesday, followed by producer price data and the OPEC monthly report on Wednesday. Retail sales data and the CLARITY Act session are expected on Thursday. QCP Capital said markets are also watching a planned meeting between President Donald Trump and Chinese President Xi Jinping in Beijing. The talks are expected to cover trade, national security, rare earth supply chains, and the Middle East conflict. In addition, with the Russia-Ukraine war in the ending phase, as we reported , BTC may be preparing for a bullish shift. Consequently, Bitcoin’s technical structure remains focused on key price zones. According to crypto analyst Michaël van de Poppe, Bitcoin still holds a bullish structure despite a short-term pullback linked to a small CME futures gap. Source: X As per his analysis, BTC price support sits near $79,100 to $80,600, while major resistance remains near $86,500. A move above that zone could shift attention toward $90,000 however, a loss of support could bring the $73,400 area back into focus.

11 May 2026, 16:05

Euro Recovery Against US Dollar Targets Key Fibonacci Level, Scotiabank Says

BitcoinWorld Euro Recovery Against US Dollar Targets Key Fibonacci Level, Scotiabank Says The Euro has been staging a notable recovery against the US dollar in recent trading sessions, with analysts at Scotiabank now eyeing a key Fibonacci retracement level as the next significant target for the EUR/USD pair. The move comes amid shifting market expectations for US monetary policy and renewed focus on technical resistance zones. Technical Outlook and Key Levels According to Scotiabank’s latest technical analysis, the Euro’s rebound has brought the pair closer to a critical resistance level defined by the 61.8% Fibonacci retracement of the recent downtrend. This level, often seen as a potential pivot point, is being closely monitored by traders for signs of either a breakout or a reversal. The currency pair has found support in recent days, driven by a combination of softer US economic data and a reassessment of the Federal Reserve’s rate path. Market Context and Drivers The Euro’s strength is not occurring in isolation. The US dollar has faced headwinds as market participants digest mixed signals from the US economy, including labor market data and inflation reports. Meanwhile, the European Central Bank has maintained a cautious stance, but improving economic sentiment in the Eurozone has provided some underlying support for the single currency. Scotiabank’s analysts emphasize that the Fibonacci level is a technical marker, but its significance is amplified by the broader macroeconomic backdrop. What This Means for Traders For forex traders, the approach to the Fibonacci level represents a potential decision point. A clear break above could signal further upside momentum, while a rejection might confirm continued dollar resilience. Scotiabank’s report suggests that while the recovery is notable, sustained gains will require additional catalysts, such as clearer divergence in monetary policy between the Fed and the ECB. The analysis is part of Scotiabank’s regular currency strategy updates, which are widely followed by institutional investors. Conclusion The Euro’s recovery against the US dollar is a developing story with clear technical implications. Scotiabank’s identification of the 61.8% Fibonacci retracement level provides traders with a concrete reference point. As always, technical levels are not guarantees, but they offer a framework for understanding market dynamics. The coming sessions will be critical in determining whether the Euro can sustain its upward momentum or if the dollar regains its footing. FAQs Q1: What is the key Fibonacci level Scotiabank is targeting for EUR/USD? The 61.8% Fibonacci retracement of the recent downtrend is the primary target identified by Scotiabank for the Euro’s recovery against the US dollar. Q2: Why is the Euro recovering against the US dollar? The recovery is driven by softer US economic data, shifting expectations for Federal Reserve policy, and improved sentiment in the Eurozone economy. Q3: Is this analysis a recommendation to buy or sell EUR/USD? No, the analysis is a technical observation. Scotiabank highlights the Fibonacci level as a potential resistance zone, but trading decisions should be based on individual risk assessment and broader market conditions. This post Euro Recovery Against US Dollar Targets Key Fibonacci Level, Scotiabank Says first appeared on BitcoinWorld .