Top 3 Altcoins to Watch Before Trump’s Gala Dinner

Bitcoin (BTC) broke above the $90,000 mark for the first time since March 5, as momentum indicators flash increasingly bullish signals. The latest surge comes alongside a sharp rise in ADX, a bullish Ichimoku Cloud formation, and EMA alignment favoring continued upside.

With buying pressure outweighing selling activity and ETF inflows hitting a three-month high, market sentiment is leaning in favor of the bulls. If resistance is breached, BTC could open the path toward $100,000, reinforcing its role as a hedge amid broader market uncertainty.

Bitcoin Bulls Regain Control as ADX Signals Strengthening Uptrend

Bitcoin’s Directional Movement Index (DMI) is signaling a significant shift in momentum, with its ADX rising sharply to 29.48 — up from just 15.3 two days ago.

The ADX, or Average Directional Index, measures the strength of a trend regardless of its direction. Readings below 20 indicate a weak or sideways market, while values above 25 suggest a strong trend is forming.

With ADX now nearing 30, the current move is gaining traction, confirming that a clearer directional trend is taking hold.

Looking deeper into the DMI components, the +DI (positive directional indicator) currently stands at 30.99 — nearly doubling from 15.82 two days ago, though slightly down from its 37.61 peak yesterday.

This suggests that while buying pressure surged recently, it has eased slightly in the last 24 hours. Meanwhile, the -DI (negative directional indicator) has dropped sharply to 10.86 from 22.48, indicating a clear weakening of selling pressure.

The combination of a strong ADX and a high +DI versus a declining -DI implies that bulls are currently in control. If the trend holds, Bitcoin may continue its upward trajectory in the short term.

Bitcoin Trend Strengthens With Clear Bullish Momentum Signal

Bitcoin’s Ichimoku Cloud chart is showing clear bullish signals. Price action is well above the Kumo (cloud), indicating strong upward momentum.

The cloud itself has flipped from red to green, signaling a transition from bearish to bullish sentiment.

The Tenkan-sen (blue line) remains above the Kijun-sen (red line), reinforcing the short-term bullish bias. The gap between them continues to widen, a sign of strengthening momentum.

Additionally, the future cloud (Senkou Span A and B) is angled upward. This suggests that the bullish trend could persist if current conditions hold.

The Chikou Span (green lagging line) is also positioned above the price candles and the cloud, confirming trend alignment from a lagging perspective.

Together, these elements point to a healthy uptrend, with no immediate signs of reversal unless a strong breakdown below the Tenkan-sen or the cloud emerges.

Bitcoin Eyes New Breakouts as Bullish Momentum Builds

Bitcoin’s EMA lines are bullish, with short-term averages positioned above the longer-term ones, signaling strong upward momentum.

Bitcoin’s price is approaching a key resistance level at $92,920. A breakout above this zone could open the door for further gains.

If buying pressure intensifies, a potential target of $96,484 could be reached, as Bitcoin ETFs are registering their biggest net inflows in three months.

The current structure suggests that bulls remain in control, as long as support levels are respected and upward momentum persists.

According to Tracy Jin, COO of crypto exchange MEXC, Bitcoin’s recent performance has been reviving its label as “digital gold”:

“Bitcoin’s recent strength in the face of market-wide volatility is reviving its long-dormant status as a “digital gold.” With U.S. equities slipping back to tariff-era lows and the dollar plunging to a three-year nadir, Bitcoin’s ability to post gains is reshaping investor perception.” Jin told BeInCrypto.

However, if the trend loses strength and a reversal takes place, Bitcoin could face a short-term pullback toward the support at $88,800.

A break below this level would weaken the structure and increase the chances of deeper corrections. The next key areas to watch are $86,532 and $83,133.

The post Bitcoin Breaks Above $90,000 After 7 Weeks – What’s Next? appeared first on BeInCrypto.

Pi Network has been facing a challenging period after its price dropped by 18% in the last 48 hours. 

This drop has invalidated its recent attempt to recover losses from March. The altcoin is now vulnerable to further corrections, raising concerns among investors.

Pi Network’s Bearishness Could Grow

The Relative Strength Index (RSI) continues to indicate that bearish momentum is still present. Currently stuck below the neutral line of 50.0, the RSI is signaling a lack of bullishness for Pi Network. This suggests that the altcoin may face additional downward pressure in the coming days.

The ongoing negative sentiment is compounded by the general market’s lack of momentum. Investors are hesitant to buy Pi Network due to the failure to sustain price recoveries. With no clear bullish signal from the RSI, the risk of further declines remains high.

The Bollinger Bands are narrowing, indicating that Pi Network may soon experience a surge in volatility. This contraction typically signals an impending price breakout or breakdown. However, if the bearish momentum continues, Pi Network could face a sharp decline, confirming the downward trend.

Given the current squeeze in the Bollinger Bands, Pi Network’s price could see a significant move soon. If the bearish trend holds, this volatility may drive the price lower, exacerbating the altcoin’s already weak performance. The uncertainty surrounding the market adds to the vulnerability of Pi Network.

PI Price Is Facing A Decline

Pi Network’s price is currently at $0.613, but it is still stuck below the $0.617 resistance level. After the 18% drop in the last two days, the altcoin remains under pressure. If the price continues to face downward momentum, it may struggle to break through key resistance levels.

The next major support level for Pi Network is $0.519, which could be the next target if the selling pressure intensifies. A drop to this level could be a precursor to further declines, potentially bringing the price below $0.500. This would significantly impact investors holding the altcoin.

However, if Pi Network can reclaim the $0.617 support, it could break the downtrend and rise toward $0.710. Breaching this resistance would invalidate the bearish outlook and could spark a recovery, giving investors hope for a reversal.

The post Pi Network Faces 18% Loss in 48 Hours, Decline to $0.50 Possible appeared first on BeInCrypto.