{"id":76798,"date":"2025-06-28T09:23:10","date_gmt":"2025-06-28T09:23:10","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=76798"},"modified":"2025-06-28T09:23:10","modified_gmt":"2025-06-28T09:23:10","slug":"calm-before-the-storm-bitcoin-consolidates-around-107000-weekend-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=76798","title":{"rendered":"Calm Before the Storm? Bitcoin Consolidates Around $107,000: Weekend Watch"},"content":{"rendered":"

The broader cryptocurrency market remains relatively calm and for the past 24 hours there haven\u2019t been any major movements.<\/p>\n

Bitcoin continues trading in a more or less narrow range between $106,000 and $108,000, begging the question if this is the calm before the storm and if a major move is just around the corner.<\/p>\n

Bitcoin Price Consolidates at $107K<\/h2>\n

Bitcoin\u2019s price didn\u2019t go through any major moves during the past day and continues consolidating at around $107,000.<\/p>\n

The absence of volatility is also seen in the level of liquidations, which has declined by 4% on the daily, currently standing at around $200 million, according to Coinglass. The majority of them are short positions, meaning that the bulls are defending this area successfully, at least so far.<\/p>\n

As seen in the chart below, the price has managed to recover from the losses endured last weekend following the US strike of strategic Iranian nuclear bases.<\/p>\n

That said, as\u00a0CryptoPotato\u00a0<\/em>reported, the number of larger wallets, holding 10 BTC or more, hit 152,280, which is the highest since March. This signals that deep-pocketed investors show a lot of confidence and might be positioning themselves for an incoming rally.<\/p>\n

<\/a>Source: TradingView<\/p>\n

Altcoins Trend Flat but Leaning Bullish<\/h2>\n

The majority of large-cap altcoins are trading in the green. They are not charting any significant gains, but the heatmap is obviously leaning bullish.<\/p>\n

Notably, Ripple\u2019s XRP is charting<\/a> gains of more than 4% on the day, being the best-performing altcoin from the top 10 by means of total market capitalization.<\/p>\n

Bitcoin\u2019s market dominance is down by around 0.5% in the past 24 hours, which shows that the altcoins are attempting to capitalize on its flat trend. It\u2019s interesting to see if this will continue.<\/p>\n

The best performer today is Quant (QNT), which is up 6.5%, followed by SPX6900 and Jupiter (JUP), both of which are up by 5.3% and 4.8%, respectively.<\/p>\n

On the other hand, Aptos, Pi Network, and SEI are today\u2019s worst performers, down by 7.7%, 3.8%, and 3.6%.<\/p>\n

<\/a>Source: Quantify Crypto<\/p>\n

The post Calm Before the Storm? Bitcoin Consolidates Around $107,000: Weekend Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

The broader cryptocurrency market remains relatively calm and for the past 24 hours there haven\u2019t been any major movements. Bitcoin continues trading in a more or less narrow range between $106,000 and $108,000, begging the question if this is the calm before the storm and if a major move is just around the corner. Bitcoin […]<\/p>\n","protected":false},"author":0,"featured_media":76799,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-76798","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/76798"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=76798"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/76798\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/76799"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=76798"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=76798"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=76798"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}