#Will BTC Hit a New High?#
BTC has broken past $100,000 and is now consolidating near its peak. What’s your outlook on the next move? With bullish sentiment on the rise, could BTC reach a new all-time high?
#Crypto Market Rebounds#
The crypto market is rallying across the board — altcoins are gaining momentum, and Memecoins are heating up! 🔥MOODENG is up over 100%, while PNUT and VIRTUAL have each gained more than 45%. The total crypto market cap has now exceeded $3.22 trillion!
What’s next for the market? Which rebound tokens are you most bullish on?
Post your insights and trading strategie
Helium (HNT) Shows Strength After SEC Win, Price Eyes Breakout
Helium (HNT) is trading around $3.53, holding steady after a short pullback from its recent high near $5.59. Despite the overall market dip, HNT shows strong resilience with a 31% rally over the past week compared to the broader crypto market. What’s happening now on the charts is particularly interesting—a classic cup-and-handle formation is starting to take place. Traders watch this setup as in the history of the token, it often leads to a sharp breakout when confirmed.
Over the last few weeks, HNTprice has been bouncing within a tight range, specifically between $3.35 and $3.50. Notably, this same zone acted as resistance earlier in the year—and now, it’s flipped into support. That shift indicates buyers are stepping in and holding the line.
All eyes are now on the $4.20 level, which marks the top of the “handle” in the current formation. If Helium can break through this level, there’s a real chance the price could push up to $5.00, and if momentum builds, potentially head toward $6.75 in the coming months.
This $6.75 target isn’t arbitrary. It’s derived from technical projections using Fibonacci levels and previous price action. In 2021 and again in late 2023, HNT followed similar patterns before launching into major rallies, so repeating that behaviour wouldn’t be surprising.
Momentum Grows as Indicators Align for Breakout
Technically, Helium (HNT) is flashing signs of renewed strength. The RSI currently sits at around 57 on the 1 day HNT/USDT chart which suggests quiet accumulation is underway without tipping into overbought territory.
Volume has risen again, climbing more than 6.8% in the last 24 hours with over $40 million in trading activity. This type of volume uptick often foreshadows a more significant move. The MACD also shows a potential bullish crossover. The histogram’s red bars, which reflect selling pressure, are shrinking. If this continues, it could confirm that sellers are losing grip.
Zooming out, the price structure looks increasingly supportive of another leg higher. The $3.35 and $3.00 levels provide solid support, while a breakout above $4.20 could pave the way toward $5.00 and, if momentum persists, toward $6.75. The only key level to watch on the downside would be $2.85, but that risk appears limited for now.
Legal Clarity and DePIN Expansion Strengthen Fundamentals
On the legal front, Helium notched a significant win that cleared a major hurdle. A federal judge recently dismissed the SEC’s case against the project, ruling that the HNT token, when traded on secondary markets, does not constitute security.
That ruling has added a layer of confidence to the ecosystem. With regulatory fears lifted, investors are more comfortable participating in the network. It also reaffirms Helium’s role as a frontrunner in the rapidly growing DePIN (Decentralized Physical Infrastructure Network) space.
Meanwhile, the team continues to ship. Helium has rolled out real-time network quality metrics, allowing users to monitor 5G and LoRaWAN performance more precisely globally. Additionally, hotspot earnings and network activity can now be viewed directly in the official Helium Wallet, giving contributors easy access to performance data.
Highlighted Crypto News for Today
Solana Back at $130—Is the Uptrend Starting?