According to @AltcoinGordon, while Bitcoin (BTC) holds firm above $107,000, the broader crypto market is showing signs of fatigue, with several major altcoins experiencing profit-taking. The provided analysis states that Dogecoin (DOGE), Tron (TRX), XRP (XRP), BNB (BNB), Solana (SOL), and Cardano (ADA) have seen losses of up to 5.5%. Ether (ETH) is also cooling after briefly surpassing $2,800, as traders lock in gains near resistance levels. Despite this, the overall sentiment remains constructive, bolstered by positive macroeconomic factors, as noted by Jeffrey Ding of HashKey Group. Augustine Fan from SignalPlus points to improving mainstream sentiment driven by crypto-related IPOs and corporate BTC treasury adoption. NYDIG Research highlights that Bitcoin's declining volatility, even at all-time highs, has made options trading 'relatively inexpensive.' This creates a cost-effective opportunity for traders to position for directional moves ahead of potential market-moving catalysts.

According to @ThinkingUSD, despite Bitcoin (BTC) trading above $100,000, its volatility has significantly decreased, a trend noted by NYDIG Research. This low-volatility environment makes options trading relatively inexpensive, creating cost-effective opportunities for traders to position for directional moves ahead of key summer catalysts. Data from Amberdata and analysis from QCP Capital show that savvy traders are actively hedging, with a clear preference for put options (downside protection) for both BTC and Ether (ETH) across June, July, and August tenors. Coinbase Institutional also noted a rising put-call skew, indicating demand for short-term protection. From a technical standpoint, BTC has closed below its 50-day simple moving average, which could trigger further selling. However, market observer Cas Abbé points to strong on-balance volume as a bullish signal, suggesting a potential rally to the $130,000-$135,000 range by the end of Q3.

According to @MilkRoadDaily, Bitcoin (BTC) is holding firm above $107,000, but its volatility has dropped to the lowest level since late 2023, as measured by Deribit’s DVOL index. Despite this stability, the broader crypto market shows signs of fatigue with major altcoins experiencing profit-taking. Dogecoin (DOGE) fell nearly 4% and Tron (TRX) slipped 5.5%, while Ether (ETH), Solana (SOL), and Cardano (ADA) also posted losses as they neared local resistance levels. Analysts from SignalPlus and HashKey Group note that the macroeconomic backdrop is improving, citing Circle's IPO and softer inflation data as positive signals for risk assets. However, traders are closely watching the upcoming U.S. Personal Consumption Expenditures (PCE) report, which Bitfinex analysts believe could trigger a crypto rally if the results are dovish. In derivatives, deeply negative perpetual funding rates for XLM, BCH, and APT suggest a potential for a short squeeze.

According to @AltcoinGordon, while Bitcoin (BTC) holds firm above $107,000, the broader crypto market is showing signs of fatigue, with major assets like Dogecoin (DOGE), Ether (ETH), Solana (SOL), and Cardano (ADA) experiencing profit-taking. Despite this, the overall macro environment remains constructive, with SignalPlus analyst Augustine Fan citing improved mainstream sentiment from crypto IPOs and HashKey Group's Jeffrey Ding pointing to favorable U.S.-China trade talks and softer inflation data. For traders, Dogecoin (DOGE) presents a key chart to watch, as it consolidates within a symmetrical triangle pattern with support at $0.168 and resistance at $0.172. Technical analysis suggests this pattern could precede a significant breakout, with historical precedence indicating a potential 60% price move in either direction.

According to @EricCryptoman, while Bitcoin (BTC) holds firm, the broader crypto market shows signs of fatigue as major assets like Ether (ETH), Dogecoin (DOGE), Solana (SOL), and Cardano (ADA) experience profit-taking. Despite this, analysts note a constructive backdrop. Augustine Fan of SignalPlus highlights that mainstream sentiment has improved, citing Circle's successful IPO and companies adopting BTC treasury strategies. Jeffrey Ding of HashKey Group points to favorable macroeconomic conditions, such as progress in U.S.-China trade talks and softer inflation data, which support risk assets. Specifically for Dogecoin (DOGE), bulls are defending the critical $0.16 support zone after a 17% rebound, forming a higher low structure. This price action is fueled by speculation around potential integration with Elon Musk's X platform, which now holds 39 state money transmitter licenses, and expanded utility from Coinbase's support for wrapped Dogecoin (wDOGE) on its Base network. Key technical levels for DOGE are support at $0.1628 and resistance at $0.1677.

According to @BitMEXResearch, MicroStrategy (MSTR) is experiencing its lowest 10-day realized volatility since it began adding Bitcoin (BTC) to its balance sheet in 2020, as noted by Jeff Park of Bitwise Asset Management. This historic low in both realized and implied volatility may reduce MSTR's attractiveness as a high-beta BTC proxy for traders, potentially shifting capital to smaller, more volatile crypto-linked equities. In the broader market, options data indicates traders are hedging against potential summer downside for Bitcoin (BTC) and Ether (ETH). Singapore-based QCP Capital highlights that risk reversals show a clear preference for put options for June and September tenors, suggesting long holders are actively protecting their spot positions. This cautious stance is supported by BTC's recent break below its 50-day simple moving average, a bearish technical signal. However, market observer Cas Abbé presents a bullish counterpoint, suggesting strong on-balance volume could propel BTC to the $130,000-$135,000 range by the end of Q3.

According to @AltcoinGordon, while Bitcoin (BTC) holds firm, the broader crypto market shows signs of fatigue, with major assets like Dogecoin (DOGE), Ether (ETH), Solana (SOL), and Cardano (ADA) experiencing profit-taking near local resistance levels. Despite this, the underlying market sentiment remains constructive, supported by improving macroeconomic conditions. Augustine Fan of SignalPlus highlights that mainstream sentiment has improved following Circle's IPO and increased institutional interest. Concurrently, Dogecoin (DOGE) is consolidating within a tightening symmetrical triangle pattern, which technical analysis suggests could precede a 60% price swing. DOGE has found strong support at $0.168 and is facing resistance at $0.172, with traders closely watching for a breakout as the pattern nears its apex.

According to @52kskew, Bitcoin (BTC) and Ether (ETH) markets are experiencing a lull, with traders actively hedging against potential summer pullbacks despite some analysts maintaining long-term bullish targets. Singapore-based QCP Capital notes that options markets show a negative skew, with puts trading at a premium, indicating traders are seeking downside protection. This cautious sentiment is echoed by data from Amberdata and observations from Coinbase Institutional, which highlight that long holders are hedging spot exposure. Technically, BTC has dipped below its 50-day simple moving average, a move that could trigger further selling toward the $100,000 level. In contrast, Joel Kruger of LMAX Group suggests the consolidation is bullish, with a potential run toward $145,000 for BTC, while market observer Cas Abbé sees strong on-balance volume pointing to a rise to the $130,000-$135,000 range by the end of Q3.

According to Cas Abbé, although Bitcoin (BTC) is experiencing a period of low volatility despite trading above $100,000, this presents unique trading opportunities. NYDIG Research notes that this decline in volatility, driven by increased demand from treasury companies and sophisticated trading strategies, has made options relatively inexpensive. This allows traders a cost-effective way to position for directional moves ahead of potential market catalysts. Concurrently, data from QCP Capital shows that savvy traders are actively hedging their long BTC and Ether (ETH) positions with put options, preparing for potential summer drawdowns. Coinbase Institutional also observed a rise in demand for short-term downside protection. Despite this cautious sentiment and BTC trading below its 50-day SMA, Cas Abbé highlights that strong on-balance volume suggests buying pressure could still push Bitcoin's price to the $130,000-$135,000 range by the end of Q3.

According to @BitMEXResearch, sophisticated Bitcoin (BTC) and Ether (ETH) traders are actively hedging against potential summer price declines, even as the broader market anticipates long-term bullish action. Data from Amberdata shows that 25-delta risk reversals for June, July, and August tenors are negative for BTC, indicating a stronger preference for protective put options over bullish call options. Singapore-based QCP Capital noted this suggests that long holders are hedging their spot exposure to prepare for potential drawdowns. Further evidence from the OTC platform Paradigm reveals top trades for BTC include bearish strategies like put spreads. Despite this defensive posturing, some analysts remain bullish; market observer Cas Abbé pointed to strong on-balance volume, suggesting BTC could rally to the $130,000-$135,000 range by the end of Q3. This cautious short-term outlook is contrasted by long-term structural demand, evidenced by significant BTC purchases from firms like Metaplanet and Cardone Capital.

According to IntoTheBlock, Ether's MVRV ratio is currently around 0.9, a level typically seen in bear markets. Historically, MVRV ratios below 1 have coincided with favorable entry points for $ETH, suggesting a potential buying opportunity for traders.

According to IntoTheBlock, Bitcoin and Ether are exhibiting a high correlation with the US stock market. This trend is attributed to macroeconomic concerns, particularly those related to tariffs, which are currently exerting downward pressure on the markets.

According to @intotheblock, 61% of Ether holders are currently in profit. During the recent bear market, the percentage of profitable holders dropped to a low of 46%, while after the 2017 cycle, it fell to just 3%. This comparison reveals two key insights: Ethereum's increased resilience and improved market stability.

According to @intotheblock, Ether holders are experiencing increased pressure as 312,183 ETH, valued at $751 million, has been deposited to exchanges in the past week. This trend indicates growing uncertainty among investors.

According to @intotheblock, despite the stock market reaching new highs, Bitcoin and Ether have both declined by over 10% from their yearly peaks. Other major cryptocurrencies such as Solana (SOL), Cardano (ADA), and Chainlink (LINK) have experienced even steeper declines, falling more than 25% from their recent highs.