BTC/USDT
The Bitcoin 2025 Conference held in Las Vegas last week attracted attention by bringing the crypto and political world together. US Vice President JD Vance, Michael Saylor, Cynthia Lummis, as well as Eric and Donald Trump Jr. took part in the event, with important messages and predictions for the sector. In the same days, Trump Media announced its plan to establish a Bitcoin treasury of $ 2.5 billion, raising expectations in the market. On the other hand, while the US Congress has reached the final stage in the legal regulations regarding stablecoins and market structure, it is said that the GENIUS bill will be prioritized in the sector. Wall Street’s four major banks announced that they are evaluating the first step for a joint stablecoin project. The Trump administration postponed the tariff crisis with the EU until July 9 and accused China of violating the trade agreement. Amid all these developments, Trump met with Fed Chairman Powell for the first time since 2019 and openly expressed his dissatisfaction with his interest rate policies. In addition, Strategy, and Metaplanet, as well as Gamestop’s continued purchases of Bitcoin, showed that institutional investors’ interest in the market continued. This week, developments regarding tariffs, Fed chair Powell’s statements on the economy together with Fed members and the US macro data set will be followed by Unemployment claims followed by non-farm payrolls data.
With all these developments, it can be seen on the daily chart that BTC turned down and formed a minor bearish channel within the uptrend after reaching a new ATH level by testing 111,960 with the golden cross structure. BTC, which started the week around 109,000, turned down to 103,300 before recovering slightly to close the week with a decline of around 3.27%. On the technical front, BTC broke through its previous double top at points 3 and 5 to reach point 7, but faced selling pressure after the new ATH level. On a daily basis, the Wave Trend Oscillator broke out of its long-standing overbought zone and approached the channel mid-band, while momentum indicators also weakened. While this suggests that technically the uptrend is not on a healthy footing, fundamental developments still continue to have a decisive impact on the price. It is known that there have been corrections of 10% to 15% in BTC price after previous golden cross crosses. In this context, it can be said that despite the recent 7.57% retracement, the golden cross structure remains intact and the structure remains technically valid. During this pullback, especially in liquidation data, it is seen that a large number of long positions were liquidated and the total value of the selling positions reached $ 12 billion. This strengthens the possibility that BTC may test the ATH level again by heading towards the liquidity area. However, for this scenario to materialize, the support of fundamental developments will be decisive. Otherwise, the 105,000 level will be monitored as the first important support; If this level is lost, a retreat towards the 102,000 level may be on the agenda.
Supports 105,000 – 102,000 – 100,000
Resistances 106,000 – 111,960 – 115,000
ETH/USDT
Although Ethereum had a strong momentum last week, rising as high as $2,790, the sudden drop in risk appetite after US President Donald Trump’s statements that China violated existing tariff agreements had a negative impact on Ethereum price along with cryptocurrency markets. With this development, ETH retreated to around $2,473. The price action in question reveals that the impact of macroeconomic news flows on digital assets is still high and the market’s sensitivity to external risk factors continues. On-chain data showed that Ethereum reserves on exchanges declined in parallel with the price decline. This suggests that investors are pulling their ETH out of hot wallets and keeping them in cold wallets, reducing seller pressure. Usually, such movements create a positive backdrop for the price in the medium term. Because the reduced supply in the market can create a supply-demand balance that will support the price in the future. In addition, Ethereum’s Pectra update, which increased the amount of ETH required to run a node from 32 ETH to 2048 ETH, revitalized interest in liquid staking (LST) and liquid re-staking (LRT) protocols such as Lido Finance and EigenLayer. With this development, there has been a significant increase in total locked assets (TVL) in these protocols. A continuation of this rise in TVL could serve as a strong catalyst for the price in the medium term, as it shows that institutional and individual trust in Ethereum’s staking infrastructure is growing and the protocols are expanding liquidity within the ecosystem.
Looking at the technical indicators, the Chaikin Money Flow (CMF) indicator retreated to the zero line and continued its downward trend. This outlook suggests that last week was characterized by clear liquidity outflows and the weakness on the buying side may continue for a while. This decline in CMF suggests that short-term risks have not yet disappeared. On the Ichimoku indicator side, although the price falling below the tenkan level is considered a negative development in the short term, the fact that ETH is still above the kijun level and the kumo cloud reveals that the big picture bearish trend reversal has not occurred. This structure suggests that the price may still be in a correction phase within the uptrend and that the potential for a rebound remains if major supports are maintained. The Relative Strength Index (RSI) indicator remains bearish, indicating a loss of momentum accompanying the price action. This weakening in the RSI suggests that the market lacks the strength to support upside attempts and buying pressure may remain limited in the short term.
In general, while on-chain data presents a positive outlook for Ethereum in the medium term, short-term weaknesses observed in technical indicators suggest that the price may remain under pressure in the next few days. In this context, re-crossing the $2,736 level is a critical threshold in terms of both technical reassurance and upward momentum. Persistent pricing above this level may provide stronger support for medium-term bullish scenarios. Otherwise, short-term pressures may continue to weigh on the price for a while.
Supports 2,207 – 2,001- 1,755
Resistances 2,589 – 2,826 – 3,053
XRP/USDT
XRP continued its downward movement under the influence of selling pressure over the past week and the price fell to the limits of the sand cloud. In this process, while the weaknesses in technical indicators continued in general, it was observed that the XRP price reacted hypersensitively to the macroeconomic developments in global markets. In particular, the fact that investors have been cautious and with a low risk appetite for some time stands out as a factor that limits the market’s capacity to react upwards.
On the technical indicators side, the Chaikin Money Flow (CMF) indicator clearly reveals its bearish trend by shifting to the negative area. This outlook indicates that there has been a serious outflow of liquidity in the market and selling pressure has intensified. This negative capital flow, especially from the spot market, supports a market structure where the buy side remains weak and sellers drive pricing. Although the Relative Strength Index (RSI) indicator tries to recover with short-term reaction buying from time to time, it continues its downward trend in general. This suggests that the momentum in the market is still low and upside moves are retreating before gaining strength. This weakness in the RSI suggests that the market is searching for direction and a strong trend has not yet formed. Looking at the Ichimoku indicator, it is seen that a classic “sell” signal is generated as the tenkan level sags below the kijun level. However, this signal has not yet been fully confirmed because the price is still moving within the kumo cloud. As long as the cloud structure continues to support the price, the decline may remain limited. However, if the kumo cloud breaks downwards, this technical signal may be confirmed and a scenario in which the selling pressure on XRP may accelerate and deeper retracements may be experienced.
Overall, weaknesses continue to dominate the technical outlook for XRP. If the price loses both the kumo cloud and the strong major support at $2.01 on the daily timeframe, the bearish movement is likely to gain momentum and turn into a more severe structure. On the other hand, if the price breaks through the resistance threshold at the $2.24 level by holding in these areas, it could invalidate the current negative outlook and set the stage for the start of a new upward trend. Therefore, price movements between these two levels will play a critical role in determining the direction of XRP in the coming period.
Supports 2.0196 – 1.7826- 1.3991
Resistances 2.2436 – 2.5925 – 2.8521
SOL/USDT
Last week in the Solana ecosystem.
- Kalshi, a US-based prediction market platform, has introduced support for deposits using the Solana (SOL) cryptocurrency.
- Major banks and R3 are partnering with Solana to tokenize billions of real-world assets, marking a significant shift in digital finance and blockchain adoption.
- The Solana Foundation has launched the Solana Attestation Service (SAS), a decentralized identity protocol.
- Solana has announced a change to its consensus protocol to improve the performance of the network. The new implementation, Alpenglow, reduces latency to near Web2 levels, making Solana competitive with Web2 providers.
- SOL Strategies has applied for $1 billion in financing flexibility to capitalize on the growth of the Solana ecosystem.
- SOL Strategies has filed an initial prospectus to raise up to $1 billion in funds to expand its Solana investment.
- DeFi Development Corp. announced that it has integrated liquid staking token (LST) technology into its treasury operations using a specialized LST called dfdvSOL.
SOL was bearish on the daily chart and the inverse shoulder-head-shoulder pattern continued to hold. After testing the 200 EMA (Black Line) as a support, the price failed to stay above this level and tested the strong support at $150.23, which was slightly bullish. Otherwise, the $185.60 level should be monitored in upward movements. The asset is trading below the 50 EMA and the 200 EMA, indicating that the asset is bearish. Also, the fact that the 50 EMA continues to remain below the 200 EMA indicates that a “death cross” continues to form from a technical perspective. This suggests continued bearish potential in the medium term. RSI (14) retreated from the overbought level to the mid-level of the negative zone and selling pressure emerged. In addition, it broke the uptrend that started on February 26 to the downside. This may mean that the price may continue its downward movement. Chaikin Money Flow (CMF-20) has crossed into negative territory; the decline in money inflows has increased selling pressure by breaking the uptrend that started on April 3 to the downside. If macroeconomic data remains positive and ecosystem developments remain positive, the first major resistance point of $185.60 could be retested. Conversely, in case of possible negative news flow or deterioration in macro data, the $ 141.80 level can be monitored as a potential buying opportunity.
Supports 150.23 – 141.80 – 127.62
Resistances 162.99 – 185.60 – 209.39
DOGE/USDT
21Shares has filed a formal application with the US Securities and Exchange Commission (SEC) to create a Dogecoin (DOGE) based spot exchange-traded fund (ETF). Elon Musk confirmed his departure from DOGE, closing a divisive chapter marked by allegations of cost-cutting and political backlash. According to data from Whale Alert, a total of 312,375,048 DOGE tokens, or over $60 million, were transferred to a centralized exchange.
DOGE has declined on the daily chart since last week. Testing the 50 EMA (Blue Line) and the 200 EMA as support, the asset broke them to the downside and continued to decline. As of now, it is preparing to test the strong support level of 0.18224 dollars. The inverse shoulder-head-shoulder pattern and diamond pattern continue to support the upward movement of the asset. On the other hand, the 50 EMA remained below the 200 EMA (Black Line), suggesting that the death cross pattern remains valid. This indicates that bearish pressure may continue in the medium term. Chaikin Money Flow (CMF-20) indicator moved into negative territory. In addition, it remains below the downtrend that started on May 10. If the decline in money inflows continues, it may reach the depths of the negative zone. When we look at the Relative Strength Index (RSI-14) indicator, it switched to the negative zone and continued to be below the downtrend that has been going on since May 10. This shows us that the possibility of a pullback will continue in the short term. In case of macroeconomic risks or negative news from the ecosystem, the $0.18224 level can be monitored as a strong support. On the other hand, if the upward movement gains strength, $0.25025 stands out as the first strong resistance level.
Supports 0.18224 – 0.16131 – 0.15045
Resistances 0.20472 – 0.22234 – 0.25025
TRX/USDT
Last week, Rumble Cloud and TRON signed a strategic cooperation agreement. Under this partnership, Rumble Cloud will provide a data storage infrastructure that offers high availability and scalability for decentralized applications (dApps) and smart contracts of the TRON blockchain. This will improve the performance of data-intensive applications such as NFT, DeFi and GameFi, and make the TRON network more attractive to developers.
A total of 48.1 million TRX was burned on the TRON network between May 26 and June 1, 2025. This creates a deflationary effect by reducing the total supply of TRX. Thus, while the amount of coins in circulation is limited, a more stable supply balance is established against the increase in demand over time.
In the week in question, the Tron network generated a total of $80.6 million in revenue, maintaining its position as the highest revenue generating network among all blockchain networks. This revenue performance is a reflection of the network’s key network efficiency indicators such as transaction density, total locked assets (TVL), number of daily active addresses, and user interaction rates on decentralized finance (DeFi) protocols.
TRX, which started last week at 0.2722, fell about 0.5% during the week and closed the week at 0.2708. TRX, which is currently trading at 0.2703, continues its movement in the bullish channel it has been in for a long time on the daily chart and has tried to break the channel upwards but has not been successful. It is currently in the upper band of the channel. With a Relative Strength Index (RSI) value of 54, TRX price can be expected to move towards the middle band of the channel by falling slightly from its current level. In such a case, it is expected to test 0.2555 support. If it closes daily below 0.2555 support, it may continue to decline and may want to test 0.2411 support. If it cannot close daily under 0.2555 support, it may rise with possible purchases that may occur. In such a case, it may test the 0.2715 and 0.2815 resistances respectively. On the daily chart, 0.2243 is an important support and as long as it stays above it, the bullish demand can be expected to continue. If this support is broken, selling pressure may increase.
Supports 0.2555 – 0.2411 – 0.2243
Resistances 0.2715 – 0.2815 – 0.2975
AVAX/USDT
AVAX ended last week with a significant decline. AVAX, which started the week at $23.43, closed at $20.86, losing about 11% with the selling pressure throughout the week. The sharp sell-off, which intensified especially on May 29, 2025, led to a break of the EMA50 support at $22.09 and caused AVAX to fall as low as $19.75 during the week. This decline also caused the bullish channel to break to the downside.
On the daily chart, the Moving Average Convergence/Divergence (MACD) line is below the signal line and in negative territory. This suggests that momentum has clearly turned negative. Selling pressure has gained technical strength. In addition, AVAX remains technically under selling pressure below the EMA levels.
If AVAX fails to rise above the EMA50 and closes below $20.23 on a daily basis, the decline can be expected to deepen to $19.31 and then to $18.25. Technically, this scenario seems more likely due to the break of the bullish channel lower band. On the contrary, if AVAX rebounds and breaks the EMA50 level upwards in volume, $23.05 and then EMA100 levels can be targeted in the first place. If these levels are crossed, the previously tested EMA200 level will come back to the agenda. AVAX is currently under technical pressure. In the current situation, the negative momentum and the broken bullish channel pattern indicate that the downward pressure continues in the short term. For a positive turnaround, AVAX should at least break above the EMA50 level again and close above this level.
(EMA50: Blue Line , EMA100: Green Line , EMA200: Purple Line)
Supports 20.23 – 19.31 – 18.25
Resistances 21.79 – 23.05 – 25.12
SHIB/USDT
The Shiba Inu ecosystem saw a dramatic increase in cremation activity this week compared to the previous period. The daily cremation rate rose by a phenomenal 5.223%, resulting in the permanent removal of nearly 21 million SHIBs from circulation. This spike suggests that supply pressure, which had weakened in recent weeks, is back on the agenda and that the community remains committed to the deflationary structure. The weekly increase of over 25.31% in total burns suggests that this trend is not just a knee-jerk reaction, but is supported by broader coordination. On the other hand, investor behavior has maintained its long-term stance this week. The data that 78% of SHIB investors have held their assets for more than a year indicates that fundamental confidence remains despite the current price volatility. However, the 24.59% decline in open interest in derivatives markets indicates that short-term investors are taking a cautious position. Although this may lead to a pause in short-term momentum, it may help to maintain liquidity balance in the long term. The official launch of ShibDAO stands out as one of the main developments of this week. This structure, which puts community governance at the center, provides a more transparent and participatory basis for decision-making processes and contributes to the institutionalization of SHIB as a decentralized ecosystem. Shytoshi Kusama’s return to social media and her statements on her vision of a “new era”, together with her artificial intelligence-focused expansion plans, show that the project has entered not only a technical but also a strategic transformation process. In this context, beyond short-term uncertainties, the week was marked by signs of strengthening in SHIB’s fundamental dynamics.
Shiba Inu (SHIB) pointed to a weakening outlook in terms of technical indicators this week. The price broke the first support level of $0.00001360 to the downside and reacted from the $0.00001280 area. This move suggests that the short-term momentum is weakening and the market is searching for direction by testing the support levels. In particular, while the trading volume has decreased significantly compared to last week, the decline in volatility can be considered as a reflection of this pause. On the momentum side, the Chaikin Money Flow (CMF) indicator crossed into negative territory, confirming that the money entering the market is decreasing and selling pressure is gaining weight. The Point of Control (POC) level, which stands out in the Volume Profile analysis, stands out as 0.00001280 dollars. Persistence above this level may pave the way for the price to create a short-term balance area. Otherwise, $0.00001200 support may come to the agenda.
On the other hand, the convergence of the 50-day EMA (Blue Line) and the 200-day EMA (Red Line) suggests a possible “Golden Cross” scenario in the medium-term technical outlook. If the 50-day EMA crosses the 200-day EMA upwards, the potential for a technical rebound could be strengthened. However, in order for this pattern to become meaningful, it is important that the price moves above the averages and this movement is supported by volume. In general terms, SHIB is still in the decision phase. For technical direction, volume-supported breaks should be closely monitored along with the EMA crossover. While the support zones are 0.00001280 and 0.00001200 dollar levels, the 0.00001360 dollar level, which has the potential to be retested as the first resistance, stands out. If this level is exceeded in volume, the technical structure may gain momentum towards recovery.
Supports 0.00001280 – 0.00001200 – 0.00001130
Resistances 0.00001745 – 0.00001850 – 0.00001970
LTC/USDT
Litecoin (LTC) started the new week at $88.39, closing last week with a 7.54% decline. LTC, which also lost 4.81% against Bitcoin over the same period, has a market capitalization of around $6.63 billion and continues to hold its 21st place in the CoinMarketCap rankings. This chart shows that Litecoin’s performance is in line with the overall market movements.
On the futures side, open positions decreased by 25 million USD, bringing the total open position amount down to 262 million USD. Although this decline indicates that investors are cautious in the short term, the positive funding ratios show that long positions still dominate and the bullish expectation continues.
As of this week, Litecoin is trading below its 50-period moving average (purple), 100-period moving average (orange) and 200-period moving average (blue). This technical structure indicates that the price continues to remain under pressure, while upside attacks may remain limited. Currently, the first horizontal resistance level of $89.51 is an important barrier for the price. The $98.74 level, just above this level, stands out as a critical area where intense selling pressure has been seen in the past, profit realizations have increased and the price has often been rejected. Exceeding this area could enable Litecoin to accelerate towards the intermediate resistance zone at $110.00. However, the fact that the current moving averages are also close to these resistance zones is a factor that makes it technically difficult to exceed these levels.
In the bearish scenario, the first important support level for Litecoin stands out as $81.00. If it sags below this level, the price is likely to retreat to the $ 75.00 level. If this level cannot be maintained, the main trend support of $56.13 may come into play. This support may be an important opportunity point for traders in possible sharp declines, as it is an area where the price has reacted strongly in the past and bottoms have formed.
Resistances 89.51- 98.74 – 110.00
Supports 81.00 – 75.00 – 56.13
LINK/USDT
LINK, which moved horizontally between $ 16 and $ 15 last week, deepened the decline by breaking the $ 15 support level downwards with a strong volume as a result of this horizontal process on May 30. With the decline, we see a price dipping below the 100-day moving average (SMA100). The current price is in the negative zone as of the current week. In upward movements, our first critical resistance level will be 15.05. This level also stands out as the pivot level that we should follow for this week. Daily closures below this level are likely to pull the price down to 12.06. In addition, the $ 13 region seems to be the region where demand occurs. Our first support area will be this region. However, the fact that the price is in the negative zone may keep the demand here weak. First of all, the daily candle closures in this region should be carefully monitored and whether the demand is strong or not. The Relative Strength Index (RSI) indicator is also currently moving in the negative zone and moving towards the oversold zone. It will be important to correlate the support levels we expect with the RSI and watch whether the RSI will fall below 30.
The price range to be followed in the short term will be $ 12 levels in downward movements and $ 15.05 level in upward movements. The persistence of the price above $ 15 will support the upward movement, while the $ 12 level will have the potential to deepen the decline.
Supports 13.30 – 12.70 – 12.06
Resistances 14.47 – 15.05 – 16.01
BNB/USDT
From a technical point of view, the BNB/USDT pair gained upward momentum as of Monday, May 26, and rose towards the $700 level. However, the pair, which entered a correction process with the effect of profit sales at this level, retreated to $ 655 later in the week. Finding support from this level, BNB regained bullish momentum; however, it made a negative start to the new week with selling pressure from the EMA 20 (red line) level.
When the BNB/USDT pair, which is currently trading in the range of 655 to 675 dollars, is analyzed in the light of technical indicators, a weak and negative course is observed in the trading volume in the last one-week period. This indicates that the buying appetite has decreased. On the other hand, the Relative Strength Index (RSI) increased slightly with the rise at the beginning of the week, but with the recent pullback, it turned down and fell below the average. This outlook suggests that the short-term negative mismatch is effective.
Within the framework of the current technical structure, if the negative momentum continues, the BNB price is expected to test the $ 640 level in the first place. If this support is broken, the $ 620 and $ 600 levels should be followed as the next strong support zones. On the other hand, if the $ 640 level is maintained and the buying appetite increases, the price is likely to rise towards $ 675 again. If this level is broken upwards, the $700 and $730 levels stand out as important resistance zones, respectively.
Supports 640 – 620 – 600
Resistances 675 – 700 – 730
ADA/USDT
Cardano (ADA) has recently been experiencing significant fluctuations in both technical indicators and market dynamics. The US Securities and Exchange Commission’s (SEC) delay of Grayscale’s Spot ADA ETF application and the decline in fund flows on the Cardano network put pressure on ADA’s price performance, causing the price to fall as low as 0.6805 as of June 2. Trading volume over the last 24 hours fell to about $614.16 million, a weaker performance compared to the global cryptocurrency market’s 3.70% decline. ADA, which has fallen 11% since last week, reveals that buying pressure has been replaced by selling pressure compared to the previous week.
Technically, the Relative Strength Index (RSI) 14 indicator fell to 40 levels, signaling the start of a downtrend. On the chart, the 50 EMA (Red Line) has started to move above the 200 EMA (Blue Line). The 100 EMA (Black Line) and the 50 EMA (Red Line) are preparing for a crossover. When this intersection occurs, the price may rise back to the 0.7000 band and continue in the horizontal zone. If the price of ADA stays above the $1.0627 resistance level after the US Non-Farm Payrolls data to be released this week and Trump’s speeches on trade deals, the trend direction may change and an uptrend may begin. In this case, the ADA price may test the $1.1700 resistance level. In case the price of ADA falls, the 200 EMA (Black Line) may retest the $0.6444 support level and the $0.5049 support level. In case these support levels are broken, the fall may deepen.
Supports 0.6444 – 0.5049 – 0.3158
Resistances 1.3286 – 1.1700 – 1.0627
SUI/USDT
While SUI has seen significant fund outflows this week, the most important news of the past week was the $223 million hack of the Cetus Protocol, one of the largest decentralized exchanges (DEX) on the SUI blockchain. After a significant portion of the stolen funds were frozen at around $160 million, the SUI community held a vote to recover and return these funds to users. This vote was successfully passed and the process of moving the affected funds to a multi-signature wallet and returning them to users has begun. This was a testament to the decentralized governance and responsiveness of the Sui network. In the wake of this incident, Sui is celebrating its second anniversary and organizing a global hackathon called Overflow 2025. Such events aim to grow the network’s developer community and encourage new projects. The realization of the Cetus hack caused serious declines in Sui and Sui fell 9% to around $3.30. Overall, it has fallen over 9% in the last 7 days.
If we examine the technical analysis point, we can say that the weekly fund is 9.3 million dollars. Sui weekly is at $ 3.30 levels, while Relative Strenght Index (RSI) is observed to be in the value range of 42.02 – 49.15. At the RSI point, the value range of 50 – 65 may be suitable for purchase. Movement towards Sui 3.52 – 4.22 – 5.36 dollar resistances can be expected respectively. If the price makes new lows, while the 30 – 50 RSI value range expresses the selling pressure to us, the support of 2.89 – 2.44 dollars can work. A retreat to the support of $ 2.89, which we observe as a trend line, may occur. Strengthening purchases at the RSI point may come up to the price of $ 3.35. When we examine the Simple Moving Averages (SMA) indicator on the Sui chart, we observe that the simple moving average is trading at $ 3.43. Generally speaking, it can be thought that Sui will continue to remain positive above $ 2.89, despite the hacking events.
Supports 1.75 – 2.44 – 2.89
Resistances 3.35 – 4.22 – 5.36
Legal Notice
The investment information, comments and recommendations contained in this document do not constitute investment advisory services. Investment advisory services are provided by authorized institutions on a personal basis, taking into account the risk and return preferences of individuals. The comments and recommendations contained in this document are of a general type. These recommendations may not be suitable for your financial situation and risk and return preferences. Therefore, making an investment decision based solely on the information contained in this document may not result in results that are in line with your expectations.
