US Treasury Secretary Scott Bessent has provided a timeline for when talks will begin to settle the ongoing US China trade war, following yesterday’s reports of a restart of trade talks between the two largest economies. The BTC price is eyeing a breakout to $100,000 due to the optimism of a potential agreement between the two countries.
US China Trade War: Talks To Begin On Saturday
In a hearing before the House Financial Services Committee, US Treasury Secretary Scott Bessent revealed that negotiations with China will begin on May 10 in Switzerland. Contrary to earlier reports, Bessent noted that this is just the beginning of trade talks between both countries and not ‘advanced’ discussions.
As CoinGape reported, the Bitcoin price surged past $96,000 and even touched $97,000 following reports of a restart of trade talks between both countries. However, the BTC price quickly dropped below $97,000 following Bessent’s statement that the US-China trade talks haven’t advanced.
The US China trade war has been one of the highlights of Donald Trump’s tariffs and has continued to negatively impact the market. Both countries have raised tariffs to 145% and 125%, respectively.
Meanwhile, it is worth mentioning that the US Treasury Secretary revealed yesterday that they are close to reaching an agreement with 17 out of 18 key trading partners, with China being the exception.
During today’s hearing, Bessent declined to mention the exact countries, stating that doing so would be detrimental to US interests. However, he remarked that some trade negotiations are quite advanced towards agreements in principle.
Will BTC Price Break Above $100k Amid This Development
Crypto analyst Crypto Zeinab has predicted that the Bitcoin price could break above $100,000 amid the upcoming US China trade war talks. In an X post, the analyst noted that Bitcoin is now establishing the next leg of upside after a clean and clear retest of the support range.
Zeinab added that the Bitcoin price is aiming for $118,000, a new all-time high (ATH), followed by a rally to $130,000, which are the 1.272% and 1.618% Fibonacci levels.
With the BTC price holding above $93,500, crypto analyst Rekt Capital predicted that the flagship crypto could break above the $97,000 to $99,000 range and possibly touch $100,000. The analyst also remarked that Bitcoin’s downside deviation may be over.
The author of ‘Rich Dad Poor Dad’ Robert Kiyosaki, has broken his silence on the real reason he invests in Bitcoin (BTC) as an asset. In a post on X titled ‘ARE YOU BREAKING the LAWS?,’ he spoke directly to those violating the core principles about money, highlighting why they are poor. While not uncommon, this latest post justifies his adoption of Bitcoin as a store of value. Robert Kiyosaki Validates Bitcoin as Investment to Save According to the financial expert, the poor violate two important laws of money: Gresham’s Law and Metcalf’s Law. Gresham’s law states that when bad money enters a system, good money goes into hiding. He slammed those who save fake money while shunning real money. He named his three favorites, which include Gold, Silver, and Bitcoin. ARE YOU BREAKING the LAWS? Most poor people are poor…. because they break the 2 most important laws of… Read More at Coingape.com
WIF surged 133% in 30 days, breaking out of a multi-month accumulation zone.
Price eyes $1.50 next, with $1.00 as a key resistance to watch.
On-chain data shows rising Open Interest and whale activity fueling the rally.
Recent inflow hints at potential profit-taking; RSI indicates overbought conditions.
Analysts maintain a cautiously bullish outlook if support at $0.70–$0.85 holds.
Dogwifhat (WIF), the 4th largest Solana memecoin has surged 133% in the past month, climbing from ~$0.35 to ~$0.88 after breaking out of its $0.35–$0.50 accumulation zone in early April 2025.
A key catalyst was the April 14 whale purchase of 2.7M WIF (~$2.3M at $0.77), which sparked bullish momentum.
On-chain data from CoinGlass shows WIF Open Interest rising from ~$120M to $270M by May 9, while daily trading volume doubled from ~$400M to $900M. Whale outflows peaked at -$4.70M (April 28), confirming accumulation, with a recent +$2.83M inflow (May 9) hinting at profit-taking.
Traders now eye the $1.00 resistance, with potential to test $1.50 if momentum holds. Technicals highlight a bullish setup: WIF trades above its 50-day SMA, Bollinger Bands are expanding, and RSI (~78) flags possible short-term cooling.
For live Dogwifhat (WIF) price updates, technical analysis, and market trends, visitCoinpedia’s Dogwifhat page.
Dogwifhat (WIF) price has delivered a sharp 133% rally in the past month, reviving interest after a long period of consolidation. Historically, WIF/USD chart shows the coin skyrocketed to a year high of ~$4.85 in March 2024 but later declined, eventually setting a post-cycle low around $0.35.
From February to early April 2025, the WIF price formed a multi-month accumulation zone ($0.35–$0.50), with price action compressed within tight ranges. This was accompanied by flat Bollinger Bands, signalling low volatility and indecision.
WIF broke out of the accumulation phase in early April, pushing above the $0.70 resistance level. This breakout was supported by expanding Bollinger Bands, which confirmed a surge in volatility and renewed trend momentum. The price is now trading above its 50-day SMA, a classic signal of a trend reversal.
The Bollinger Bands continue to widen, with the price hugging the upper band—a hallmark of strong breakout moves.
However, with RSI pushing into the overbought zone (~78), traders should keep an eye on possible short-term consolidation or pullbacks before the next major leg higher.
Open Interest & Volume Surge: Bullish Conviction Strengthens
CoinGlass data paints a compelling picture of Dogwifhat’s on-chain strength during its breakout. The Open Interest chart shows WIF futures OI climbing from ~$120M in mid-April to over $270M by May 9, 2025, a +125% jump, confirming increasing leveraged positions.
The Volume chart highlights that daily trading volume doubled from around $400M in early April to over $900M by May 9, 2025, matching the price rally and indicating strong market depth.
The Spot Inflow/Outflow chart showed a critical net inflow of +$2.83M on May 9, 2025 (price ~$0.675), and a significant outflow of -$4.70M on April 28, 2025 (price ~$0.616), indicating whales and large traders were strategically accumulating and moving tokens out of exchanges—typically a bullish signal showing intent to hold.
WIF Trader Sentiment: Net Buying Trends and Holder Count Indicate Growing Dogwifhat Adoption
Dune Analytics charts offer further validation of this breakout’s strength. The Buys vs. Sells chart shows that on April 25, 2025, there were 1,397 net buy transactions while the price traded around $0.60, indicating a major wave of accumulation at breakout levels.
As of May 10, 2025, net buying remained solid with 473 net buys as the price hovered near $0.80, signaling ongoing trader confidence even at higher levels. The WIF Total Holders chart records a rise to 225,098 total holders, and the Holders vs.
Price chart confirms that while WIF price surged in April–May, the number of unique wallets stayed stable and even slightly increased—showing long-term holders are not exiting en masse but staying put, which supports price sustainability.
Is $1.50 Within Reach for WIF?
Dogwifhat’s 133% rally, fueled by a breakout above $0.70 and strong on-chain metrics—Open Interest rising from $120M to $270M and volume doubling—signals solid bullish momentum.
Whale outflows and net buying reinforce accumulation, but RSI (~78) warns of overbought conditions. As long as WIF holds $0.70–$0.85 support, a push toward $1.50 within the next 1–2 weeks remains likely.
Traders should watch for short-term pullbacks near $1.00 before any sustained breakout.
The post Dogwifhat (WIF) Eyes $1.50 After 133% Breakout: Can Bulls Maintain Momentum? appeared first on Coinpedia Fintech News
Key Highlights: WIF surged 133% in 30 days, breaking out of a multi-month accumulation zone. Price eyes $1.50 next, with $1.00 as a key resistance to watch. On-chain data shows rising Open Interest and whale activity fueling the rally. Recent inflow hints at potential profit-taking; RSI indicates overbought conditions. Analysts maintain a cautiously bullish outlook …
Sui’s token price has been on a strong rally over the past few days. While the crypto market has recovered sharply, SUI is seeing an extra boost due to rumors about a potential collaboration with Pokémon. Over the last week alone, Sui has surged nearly 72%, putting it at the top of the list of biggest gainers. With this momentum, there’s a hope that SUI could soon break through the key $5 level.
Sui’s DeFi Activity Rises Amid Rumours
Sui’s price has been climbing steadily over the past few days, showing strong momentum. What’s catching attention is that buyers are managing to push past resistance levels without much of a pullback. In the last 24 hours alone, Sui saw a spike in liquidations from both long and short positions. According to data from Coinglass, about $22.2 million worth of SUI positions were wiped out, with $7.4 million from buyers and $14.8 million from sellers.
Over the past week, SUI has outperformed the entire top 100 list of cryptocurrencies by market cap, making it the biggest gainer. This rally is largely influenced by rising investor confidence due to the launch of the Grayscale SUI Trust and a new partnership with xPortal and xMoney to roll out a virtual Mastercard across Europe.
Adding to this, there are rumors about a possible collaboration with Pokémon. These rumors started gaining attention after a recent privacy policy update for Pokémon HOME named Parasol Technologies LLC, a Web3 gaming firm acquired by Sui’s parent company, Mysten Labs, in March 2025.
Sui is still holding its place among the top 10 layer-1 blockchains, with over $1.65 billion in total value locked (TVL) on the network. As shown in the chart below, Sui’s TVL has jumped by around 40% in just the past week. Its daily DEX trading volume has also surged, climbing more than 180% to reach $600 million. This increases the chances of a continued bullish rally toward $5.
What’s Next for SUI Price?
Sui is struggling to break above the $3.8 level and is currently trading around $3.6, up over 8% in the past 24 hours. Sellers are working to keep the price below the 20-day EMA to maintain the current downtrend.
Even though bearish pressure is growing, rising buying activity could still push Sui higher. However, the Relative Strength Index (RSI) is around 79, showing that the asset is overbought and that sellers are pushing for a correction.
If buyers can gain enough momentum, Sui could break through the $4.3 resistance and aim for the next target at $5.4. But if selling pressure remains strong and Sui stays under the 20-day EMA, the price could fall back to the key $3 support level.
A clear drop below $3 could trigger a sharper sell-off, with Sui potentially falling to the next support at $2.4, erasing recent gains and strengthening the downtrend.
The post Sui’s Skyrocketing Trend Now Eyes $5 Breakout: What’s Next for SUI Price? appeared first on Coinpedia Fintech News
Sui’s token price has been on a strong rally over the past few days. While the crypto market has recovered sharply, SUI is seeing an extra boost due to rumors about a potential collaboration with Pokémon. Over the last week alone, Sui has surged nearly 72%, putting it at the top of the list of …
