Livepeer

Ether price weakness over the past two weeks has resulted in the relative strength index flashing a potential bottom signal not seen since early April.

Crypto sentiment gauge, the Crypto Fear & Greed Index, collapsed below 30/100 for the first time since mid-April, with Bitcoin trading $25,000 higher.

Bitcoin dropped to under $109,000 as long-term holders realized 3.4 million Bitcoin profits and ETF inflows slowed, signalling potential cycle exhaustion.

SOL price fell to $192 on Thursday, but an upcoming ETF decision may kickstart institutional investor demand and reset Solana’s price momentum.

Bitcoin fell to a three-week low under $109,000, but the $22 billion end-of-month options expiry could lead to a much-needed BTC price bounce.

Bitcoin price tumbled toward new lows below $109,000 and while charts suggested the sell-off is far from over, data shows spot buyers accelerating their accumulation.

Bitcoin fell to new local lows on the back of strong US jobs data, joining stocks and gold in what analysis called an “overdue” correction.

Solana futures’ open interest rose to new all-time highs of 72 million SOL as the technical structure displayed weakness, putting $120 back in play.