Bitcoin started the week on a stronger footing, climbing back above the $63K level after briefly dipping to around $62.2K during Monday’s session. Buyers steadily stepped in throughout the Asian trading session, pushing BTC above $64K and showing that demand remains active near recent support levels. The quick recovery is encouraging, but the real test now is whether Bitcoin can hold above $63K consistently. This level has been reclaimed and lost multiple times over the past few days, making it a key battleground between bulls and bears. A successful hold above this zone would improve the short-term outlook, while another rejection could signal that buyers are becoming less aggressive on each dip.
The broader crypto market also traded higher, although strength remained uneven across major assets. Ethereum continued to lag behind the rest of the market, remaining the only major cryptocurrency still posting weekly losses. XRP and BNB showed better relative strength, with BNB emerging as one of the strongest performers among the large-cap assets over the past week. Solana, Tron and Dogecoin also posted modest gains, while Hyperliquid’s HYPE recovered part of last week’s losses despite remaining below recent highs. This rotation suggests traders are becoming increasingly selective, with capital flowing into stronger setups rather than lifting the entire altcoin market.
Market participants also continued monitoring the ongoing Coldcard wallet security incident. Another wave of unauthorized wallet sweeps moved hundreds of Bitcoin from compromised addresses during the week, although investigators have yet to confirm whether the same attacker is responsible for all of the incidents. The situation serves as another reminder that security remains one of the most important risks facing digital asset holders, regardless of broader market conditions.
Institutional activity also remained in focus after Michael Saylor’s Strategy disclosed another Bitcoin sale. The company sold 1,638 BTC for approximately $105 million, marking its third sale of the year. The proceeds were used to fund preferred stock dividends and share buybacks rather than purchasing additional Bitcoin. Although the sale came at prices below Strategy’s average acquisition cost, the company continues to maintain one of the largest Bitcoin holdings in the world while increasing its cash reserves. The move reflects a more balanced treasury management strategy rather than a shift away from Bitcoin as a long-term reserve asset.
Outside the crypto market, mixed performance across global equity markets continues to influence investor sentiment. Asian equities weakened during the session, while technology stocks in the United States provided some support after strong earnings from selected companies. Bitcoin continues to trade alongside broader risk sentiment, making macroeconomic developments an important factor for short-term price direction.
Security concerns are also growing across the Bitcoin ecosystem. Boltz announced that it is temporarily suspending its non-custodial swap service after facing a significant increase in AI-assisted cyberattacks. According to the company, attackers are using increasingly sophisticated automated techniques to probe infrastructure faster than smaller development teams can respond. This highlights how artificial intelligence is becoming a new challenge for blockchain security and infrastructure providers.
The ETF landscape also saw an important development. Hashdex announced it will shut down its US spot Bitcoin ETF after failing to attract sufficient investor assets. The closure marks the first major liquidation among US spot Bitcoin ETFs and highlights the growing gap between dominant issuers and smaller competitors. While demand for Bitcoin ETFs remains strong overall, capital continues to concentrate in the largest funds, making it increasingly difficult for smaller products to compete.
Debate within the Bitcoin community also continues around Bitcoin Improvement Proposal 110 (BIP-110). Michael Saylor remains firmly opposed to the proposal, arguing that restricting non-monetary transactions would weaken Bitcoin’s principles of neutrality and permissionless innovation. The discussion has become one of the most closely watched protocol debates in recent years, reflecting the ongoing balance between improving network efficiency and preserving Bitcoin’s open architecture.
Meanwhile, regulatory uncertainty remains another key factor for the market. Analysts at Bernstein believe the chances of the US Senate passing the CLARITY Act before the summer recess are fading. A delay could trigger another wave of short-term weakness across crypto markets as investors react to the absence of clear legislation. However, Bernstein also believes regulators such as the SEC and CFTC may accelerate independent rulemaking efforts under Project Crypto, which could ultimately provide greater clarity even if congressional legislation takes longer than expected.
The crypto market continues to stabilize after recent volatility, with Bitcoin once again defending the important $63K support zone. Holding above this level remains critical for maintaining short-term bullish momentum. Spot demand appears to be gradually improving, but repeated tests of support suggest buyers still need stronger conviction. Altcoins remain selective, with stronger assets attracting capital while weaker sectors continue to lag. Institutional activity remains mixed as some firms manage treasury positions while long-term adoption trends remain intact. Security continues to be a major theme, with AI-assisted attacks becoming an emerging risk across blockchain infrastructure. Regulatory developments will remain one of the biggest catalysts for market direction over the coming weeks. Delays surrounding the CLARITY Act could create temporary downside pressure, although broader regulatory progress continues through other initiatives. Bitcoin’s ability to defend current support while attracting renewed spot buying will likely determine whether the market can build a stronger recovery. If buyers maintain control above the current range, confidence should gradually improve heading into the next phase of the market cycle, but traders should continue expecting elevated volatility until stronger confirmation of trend emerges.
Bitcoin continues to trade inside a tight consolidation range after finding strong support near the $63,000 region. Buyers have defended this area several times over the past week, showing that demand remains healthy despite recent volatility. The 20-day EMA has started to flatten, while the RSI is hovering close to the midpoint, suggesting that selling pressure is easing and the market is waiting for its next directional move. Bulls now need to push BTC above the 50-day EMA near the $65,000 level to regain short-term control. If they succeed, Bitcoin could gather momentum toward the $67,500 resistance, followed by the important psychological level at $70,000. However, if price fails to hold above the $63,000 support zone, sellers may attempt another move toward the $60,000 region. The longer Bitcoin continues to defend current support, the stronger the probability of an eventual breakout to the upside becomes. For now, BTC remains in accumulation mode as traders wait for confirmation.
Ethereum continues to outperform several major altcoins after holding firmly above the $1,800 support zone. Buyers have gradually regained confidence, but ETH is still struggling to reclaim the major resistance near $1,900, which remains the key breakout level for the short-term trend. The flattening 20-day EMA and improving RSI suggest that bearish momentum is fading, allowing bulls to slowly rebuild market structure. A sustained close above $1,900 would strengthen the recovery and could trigger a move toward the $2,000 region, with further upside possible if buying volume increases. On the downside, losing the $1,800 support would weaken sentiment and expose Ethereum to another test of lower demand zones. Overall, ETH continues to build a constructive base, but confirmation above resistance is still needed before traders can expect a stronger rally.
BNB remains one of the stronger large-cap cryptocurrencies despite the recent market volatility. The asset continues to trade comfortably above its major support near $570 while gradually building a higher base. Buyers have repeatedly stepped in on pullbacks, suggesting that accumulation is still taking place. The 20-day EMA is beginning to flatten, and momentum indicators are showing signs of improvement as selling pressure continues to fade. Bulls now need to reclaim the $605 resistance zone to strengthen the recovery and target the next resistance around $635. A successful breakout above that level could shift momentum toward the broader $670 region. However, if BNB loses the $570 support, the current recovery structure would weaken considerably and expose the market to another corrective move. For now, BNB continues to show relative strength compared to many major altcoins.
XRP continues to consolidate after defending the important $1.06 support level, showing that buyers are still active despite the lack of strong momentum. The moving averages are beginning to flatten, while RSI is gradually recovering from recent weakness, indicating that selling pressure is slowly easing. Buyers now need to push XRP above the nearby resistance around $1.12 before attempting a move toward the $1.20-$1.25 region. A successful breakout there would improve sentiment significantly and could trigger a larger recovery toward previous highs. On the downside, a break below $1.06 would shift short-term momentum back toward the bears and expose the psychological $1.00 support. XRP continues to trade inside a compression range, and traders should expect increased volatility once price breaks out of the current structure.
Solana remains locked inside a broad consolidation range after successfully defending the $70 support area over the past week. Buyers continue to absorb selling pressure on dips, but the recovery is struggling to gain momentum above the short-term moving averages. The flattening 20-day EMA and neutral RSI suggest that neither bulls nor bears currently have a decisive advantage. A close above the $76-$78 resistance zone would improve sentiment and could lead to a move toward the next major resistance near $82 and then $90. However, if SOL loses the $70 support level, sellers may attempt to drive the pair toward the mid-$60 region. Solana continues to build a healthy base, but traders are still waiting for a confirmed breakout before becoming more aggressive.
Bitcoin continues to lead the market, and its ability to defend the $63,000 support zone remains the most important factor for overall crypto sentiment. A sustained move above the 50-day EMA near $65,000 would improve confidence and could trigger another leg higher toward the $67,500 and $70,000 resistance levels. Ethereum continues to show relative strength, but traders should wait for a confirmed breakout above $1,900 before expecting a stronger recovery. BNB remains one of the healthiest large-cap charts and could outperform if it successfully clears the $605 resistance area. XRP continues to trade inside a tight consolidation range, and a breakout above $1.12 could be the first signal that momentum is returning. Solana is also compressing inside a well-defined range, with a move above $78 likely to attract fresh buying interest. Overall, the market is showing signs of stabilization after several volatile weeks, but confirmation is still needed before calling for a broader trend reversal. Volume remains relatively light, suggesting traders are waiting for a stronger catalyst before committing to larger positions. Until Bitcoin breaks decisively above resistance, range trading and disciplined risk management remain the preferred strategy. Once BTC confirms direction, the major altcoins are likely to follow with stronger momentum and offer the best trading opportunities over the coming weeks.
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