Daily Crypto Signals: Bitcoin Pushes Towards $95K as Institutional Inflows Surge, Ethereum Debates Bottom
Bitcoin (BTC) maintains its upward momentum, eyeing the $95,000 resistance level, fueled by significant institutional investment and bullish
Quick overview
- Bitcoin is experiencing upward momentum, approaching the $95,000 resistance level, driven by strong institutional investment and positive long-term forecasts.
- Ethereum is facing challenges with declining network activity and fees, leading to debates within its community about potential new fee structures to enhance competitiveness.
- Recent U.S. spot Bitcoin ETFs have seen significant inflows, indicating growing investor confidence in digital assets.
- Altcoins like SUI, Avalanche, Official Trump, and Bittensor are showing promising technical patterns as market sentiment improves.
Bitcoin (BTC) maintains its upward momentum, eyeing the $95,000 resistance level, fueled by significant institutional investment and bullish long-term forecasts. Meanwhile, Ethereum (ETH) trades below $1,800, with its community and analysts debating whether a recent price low marks a significant bottom amidst ongoing challenges related to network activity and regulatory clarity.
Crypto Market Developments
Led by Bitcoin’s outstanding 10% increase that drove prices close to the $95,000 resistance level, the crypto market showed a notable comeback during the previous week. This relief movement corresponded with messages from the Trump government regarding low import taxes and solid corporate earnings data thereby enhancing market mood.
As U.S. spot Bitcoin ETFs achieved a startling $3.1 billion in net inflows over just five days, investor trust in digital assets reached fresh heights. Emphasizing the fast institutional adoption, Bloomberg ETF analyst Eric Balchunas pointed out how quickly “flows can go from 1st gear to 5th gear.”
Ethereum’s ecosystem meanwhile suffers as fees plunged to five-year lows in April 2025 because of declining demand for smart contract operations. In response, community members Kevin Owocki and Devansh Mehta suggested a new dynamic fee structure for Ethereum’s application layer in an effort to balance revenue generating for app creators with charge extraction fairness maintained.
Adding to the conversation on crypto policies, SEC Commissioner and crypto task force head Hester Peirce likened U.S. crypto rules to playing “the floor is lava” in the dark. Peirce underlined the importance of regulatory clarity at a recent SEC roundtable discussion while saying, “We need to turn on the lights and build some walkways over the lava pit.”
Bitcoin Pushing Towards $95K, Bullish Indicators Align
Technical indicators of Bitcoin BTC/USD remain positive but the coin struggles to surpass the important $95,000 mark. The relative strength index near overbought territory and the upward sloping 20-day exponential moving average at $88,619 point to bulls keeping market dominance. A good break above $95,000 might send Bitcoin into the psychologically significant $100,000 mark and maybe even $107,000.
Growing independence of Bitcoin from conventional markets supports this positive view. Well below the 60% level observed from March through mid-April, the 30-day correlation between Bitcoin and the S&P 500 has dropped to 29%. This decoupling enhances Bitcoin’s reputation as an autonomous asset class instead of as a substitute for technology stocks.
Significantly for the long-term story of Bitcoin, Blockstream CEO Adam Back proposed that businesses storing Bitcoin in their treasuries are “front-running hyperbitcoinization,” a hypothetical scenario whereby Bitcoin becomes the main global currency. Back observed that institutional adoption might boost Bitcoin’s market value to an amazing $200 trillion in the next decade, defining Treasury policies as “a logical and sustainable arbitrage” caused by Bitcoin’s price increase surpassing inflation over four-year periods.
The latest remarks made by President Trump about federal income tax cuts or elimination once suggested trade tariffs go into effect could also affect Bitcoin’s path as investors look for inflation hedges under changing fiscal policies.
Debate Over Ethereum Bottom Continues Amidst Challenges
As network activity and fee income continue to drop, Ethereum ETH/USD presents serious problems. April 2025 saw fees fell to five-year lows mostly owing to lower demand for base layer distributed finance operations. As investor opinion of the first-ever smart contract platform declines, several institutions have started to reduce their ETH holdings in response to this revenue squeeze.
With Solana enrolling more developers than Ethereum in 2024 — recruiting 7,625 new developers compared to Ethereum’s 6,456 — rivalry from other networks has become more intense. Ethereum is still the major ecosystem for developer talent, but this data shows its status is no more unquestioned.
Reacting to these difficulties, Ethereum community members Kevin Owocki and Devansh Mehta proposed a new application layer cost structure using a square root function to proportionately reduce fee percentages as financing capital increases. The idea caps costs at 1% if funding exceeds $10 million, therefore ensuring small app makers can develop without excessive expenses and so promoting project growth.
This project represents growing demand to change Ethereum’s economic systems in order to keep competitive versus other networks like Solana. One member of the community observed, “Ethereum needs to balance revenue generating with developer-friendly economics if it wants to retain its leadership position.”
Top Altcoins to Watch Today
Several altcoins show promising technical patterns as crypto market sentiment improves:
- SUI is consolidating near $3.45 after facing resistance at $3.90. The shallow pullback suggests bulls aren’t rushing to exit positions. If SUI holds above the 38.2% Fibonacci retracement level of $3.14, it could attempt another push toward $3.90, potentially surging to $4.25 and eventually $5 if successful.
- Avalanche (AVAX) has been trading between $23.50 and $15.27 recently. Despite failing to break above resistance, buyers haven’t yielded much ground to bears, increasing the likelihood of an eventual breakout. A move above $23.50 would complete a double-bottom pattern with a target of $31.73. Currently trading at $21.38, AVAX is consolidating in a narrow range between $21.60 and $23.10.
- Official Trump (TRUMP) surged above $12.45 resistance recently and successfully defended this level during subsequent retests. Now facing resistance at $16, the token could reach $17.69 if buyers break through. Further strength could push prices to $19.60 and potentially $22.40. Support lies between $11.56 and $12.45.
- Bittensor (TAO) broke above its downtrend line on April 20, suggesting bears are losing control. Currently facing resistance at $375, TAO could find support at the 20-day EMA around $298. A successful bounce from this level would signal a sentiment shift from “selling rallies” to “buying dips,” potentially driving TAO toward $495 if it breaks above $375.
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