🔵 #Can BTC Break $110K?#
Bitcoin recently broke above $107,000 and is currently trading around $105,000, just shy of its all-time high at $109,580. Do you think Bitcoin can set a new record and push past $110,000? Share your analysis and predictions with us!
🔵 #AI Token Market Cap Rebounds#
According to CoinGecko, the total market cap of the AI agent sector has rebounded to $6.862 billion, with a 1.2% increase in the past 24 hours. Notably, VIRTUAL surged 18.5%, and AI16Z rose 7.1%. Which AI tokens are you bullish on? How are you planning your portfolio strategy? Let’s hear your thoughts!
POPCAT Approaches Key Resistance – Can It Repeat Another Breakout Rally?
Date: Wed, May 07, 2025 | 08:40 AM GMT After a shaky start to 2025—highlighted by Ethereum (ETH) crashing 45% in Q1—the crypto market has begun to show signs of life. ETH has rallied nearly 31% from its April 9 low, igniting optimism across the board. Among the recovering memecoins, Solana-based Popcat (POPCAT) — which had also endured a harsh correction — has managed to pull off a solid rebound. The coin surged by 200% over the past 30 days, trimming its yearly losses to 43%. Now, with today's 8% gain, the potential next move could trigger another breakout rally.
Source: Coinmarketcap Approaches Falling Wedge Resistance POPCAT’s 4-hour chart reveals a classic falling wedge formation — a bullish pattern that often leads to sharp upward moves. This wedge began forming after POPCAT faced rejection at the April 15 high of $0.4498. What followed was a 23% dip, bringing the price down to a local low of $0.3392 on April 30. But buyers didn’t stay quiet — bulls stepped in to defend this support, sparking a strong recovery.
POPCAT 4H Chart/Coinsprobe (Source: Tradingview) As of writing, $POPCAT trades at $0.4141, pressing right up against the wedge’s upper boundary. A clean breakout from this zone, ideally followed by a successful retest, could be the confirmation traders are looking for. The current setup looks strikingly similar to POPCAT’s late-April breakout, where a similar wedge pattern led to a 65% rally. If history repeats — and price action follows the technical script — the next target lies in the $0.62–$0.63 range. This would mark a 51% surge from current levels. What’s Ahead Momentum is building — and all eyes are on the breakout zone. A decisive move above the wedge could reignite bullish sentiment in memecoins, especially with market sentiment improving across the board. However, failure to break out could lead to a short-term pullback toward the $0.38–$0.39 support band. Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.