Skip to main content

Weekly Snapshot  – Market Consolidation Amid Unlocks

| CryptoPress |

Bitcoin Nears $65,000 with Whale Accumulation and ETF Inflows

Bitcoin has stabilized around $64,000–$65,000, supported by significant whale buying (66,700 BTC added over 60 days) offsetting mid-sized holder sales. Spot Bitcoin ETFs recorded $132M inflows recently, ending prior outflow streaks and signaling renewed institutional interest. This accumulation pattern is viewed as bullish, with resistance targeted at $67,000 ahead of key macro announcements.

The broader market shows resilience despite token unlock pressures. Ethereum traded near $1,870–$1,895, reclaiming trendline breaks with potential upside to $2,200+ if supports hold. These developments reflect a market transitioning from fear to cautious optimism, with on-chain metrics supporting a potential near-term push higher.

Other news:

Positive 📈

  • KAITO token surges near 40% weekly gains on AI platform momentum and funding.
  • Ethereum technical breakout from descending trendline.
  • Strong daily performers like Pump.fun and Jito.

Neutral ⚖️

  • Scheduled token unlocks for ZRO, KAITO, Humanity Protocol following vesting schedules.
  • Overall market cap stability with Bitcoin dominance around 58%.

Negative 📉

  • Potential short-term selling pressure from unlocks impacting supply.
  • Lingering macro caution around FOMC and broader risk assets.

Top Movers & Opportunities

Recent movers include KAITO (strong weekly gains on AI hype), Jito (JTO), and various DeFi/meme tokens like Pump.fun showing 24h strength. Bitcoin remains the anchor with steady accumulation but limited explosive upside currently. No strong buy signals in overextended alts; focus on BTC for stability.

A BTC price volatility surge may be brewing, key indicator suggests: Crypto Daily.

© Cryptopress. For informational purposes only, not offered as advice of any kind.

© Cryptopress. All rights reserved.