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Bitcoin remains in a neutral-to-bullish consolidation phase, fluctuating between its 100- and 200-day moving averages. The $116K barrier is now the key resistance for continuation, while the $109K region defines the bullish invalidation threshold. Until one of these levels is decisively breached, the market is likely to oscillate within the current range, accumulating liquidity ahead of its next impulsive move. Technical Analysis By Shayan The Daily Chart On the daily timeframe, Bitcoin has rebounded strongly from the $109K support region, aligned with the 200-day MA, reclaiming several key short-term levels. The recent upswing has brought the price directly into the $114K–$116K resistance zone, which coincides with the 100-day moving average. This area represents a crucial inflection point: a sustained close above $116K would confirm a structural shift and likely drive continuation toward the $120K–$122K supply zone. However, the rejection candle forming near the 100-day MA highlights lingering selling pressure from short-term holders. As long as the asset remains trapped between the 100- and 200-day MAs, Bitcoin is expected to extend its consolidation phase, building energy for the next major trend expansion. The $109K–$110K region remains the key defense line for bulls. The 4-Hour Chart On the 4-hour chart, BTC has recently broken above a symmetrical triangle, showing renewed bullish momentum before pulling back slightly from resistance. The breakout pushed price into the $114K–$116K supply zone, where early signs of rejection are emerging. If the price manages to stabilize above the upper boundary of the triangle (around $112K–$113K), the structure would remain constructive, allowing continuation toward the $118K–$120K zone. On the other hand, a breakdown below $111K would signal loss of short-term momentum, exposing the $108K demand area once again. This setup reflects volatility compression near key levels, suggesting that a directional breakout, either reclaiming $116K or failing below $111K, will define Bitcoin’s short-term trajectory. Sentiment Analysis By Shayan The Futures Average Order Size metric reveals a notable shift in market participation dynamics over recent weeks. During the recent rebound from the $108K–$109K demand zone, the market has seen a decline in large whale order activity (shown by the fading green clusters) and a corresponding increase in smaller retail-driven order sizes (highlighted in red). This transition typically suggests that institutional traders are reducing leverage exposure and allowing retail participation to dominate short-term market movements, a common behavior during mid-range consolidations or the later phases of local recoveries. Historically, phases of heavy retail dominance have often coincided with short-term distribution or range-bound price action, as large players wait to reaccumulate liquidity at lower levels. Conversely, periods where big whale orders expand sharply, as seen during late 2024 and early 2025, have preceded major directional rallies driven by institutional positioning. At present, Bitcoin’s price is hovering near $114K, along with the contraction in large order size, indicating a neutral to cautious sentiment among professional traders. If a fresh influx of large orders reappears near the $109K–$110K support, it would signal renewed institutional accumulation and could reinforce the bullish continuation scenario toward $120K–$125K. Until then, market structure suggests that Bitcoin is in a short-term equilibrium phase, where retail-driven volatility defines the range while institutional activity remains subdued, waiting for confirmation from key technical levels. The post Bitcoin Price Analysis: Key Resistance Remains as BTC Prepares for an ATH Surge appeared first on CryptoPotato .
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Ethereum Spot ETFs Attract $134M Inflows, Hinting at Potential Push Toward $5,000
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BNB Price Forecast: Bullish Momentum Builds After $1.2B Token Burn
BNB Chain executed its 33rd quarterly burn on October 27, permanently removing 1.44 million BNB worth approximately $1.2 billion from circulation. The event reduced the total circulating supply to 137.7 million tokens, in line with BNB’s long-term deflationary strategy. Under BNB’s burn mechanism, 50% of all net transaction fees are allocated to periodic token burns until half of the total supply is permanently destroyed. This model is designed to steadily reduce available supply, strengthening long-term token value and aligning with the network’s goal of sustainable deflation. The latest burn represents about 0.7% of BNB’s market capitalization, a meaningful contraction that signals ongoing commitment to value preservation through disciplined supply control. Burns Signal Confidence and Reduce Sell Pressure Beyond their mechanical impact on token supply, burns serve a vital psychological function in the crypto market. By demonstrating consistent follow-through on its roadmap, BNB Chain reinforces investor confidence in the asset’s long-term fundamentals. Token burns effectively reduce potential sell pressure, particularly during market recovery phases when profit-taking typically increases. As fewer tokens circulate, each unit potentially holds greater scarcity value — a dynamic that can amplify bullish sentiment when coupled with rising demand. This transparency and predictability in BNB’s deflationary policy have been a stabilizing factor during broader market volatility. Technical Outlook: Trend Turns Constructive Source: coinmarketcap BNB’s technical structure is now favoring the bulls after the token reclaimed its 30-day simple moving average (SMA) at $1,135.9 and climbed above the 50% Fibonacci retracement level at $1,163.97. These recoveries suggest that the recent correction has likely run its course and that momentum is shifting back toward accumulation. The 14-day RSI at 52.53 shows moderate strength — far from overbought — giving BNB room to build further upside without triggering exhaustion signals. From a structural standpoint, the $1,160–$1,200 range remains a critical liquidity zone, having seen $319 million in liquidations during Bitcoin’s rally to $116K. A sustained move above $1,212.73 (the 38.2% Fibonacci retracement) would likely confirm bullish continuation, setting the next target near the $1,370 swing high. Where to Exchange BNB: Trade Efficiently with Clapp For traders and investors looking to act on BNB’s renewed strength, Clapp.finance provides an all-purpose exchange that simplifies both crypto-to-crypto and fiat-to-crypto transactions. Seamless Fiat Conversions Clapp enables users to buy BNB directly with euros via SEPA transfers, integrating fiat access into a single app without third-party intermediaries. Users can also convert BNB back into EUR and withdraw to their bank accounts instantly — a smooth and native off-ramp experience that many exchanges struggle to match. Smart Liquidity and Better Pricing Clapp’s smart liquidity aggregator sources the best rates from both centralized and decentralized exchanges. This ensures optimal pricing and minimal slippage for every trade, whether you’re entering or exiting a BNB position. Regulated and Transparent Framework Clapp operates as a licensed Virtual Asset Service Provider (VASP) in the Czech Republic and is expanding across Europe. This regulated foundation brings clarity and trust to fiat operations — a crucial advantage for users seeking a secure trading environment. No Deposit Fees and Unified Experience Unlike many exchanges, Clapp charges zero deposit fees, for both fiat and crypto transfers. Everything — from on-ramping and off-ramping to trading and portfolio tracking — happens inside one clean, user-friendly interface. Clapp combines the utility of a professional trading hub with the accessibility of digital banking, making it one of the most efficient ways to manage BNB positions and broader crypto portfolios. Outlook: Sustainable Bullish Setup Emerging BNB’s combination of deflationary tokenomics, strengthening technical structure, and broader market recovery paints a constructive medium-term picture. If the token closes above $1,160 and confirms a breakout beyond $1,212, momentum traders could eye $1,370 as the next resistance level. Conversely, failure to hold above the 30-day SMA may invite short-term retests of the $1,100–$1,120 support area. With consistent token burns reinforcing scarcity and confidence, and platforms like Clapp offering frictionless access to BNB trading, the asset appears well-positioned for continued strength in the months ahead. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice. Crypto Potato
