Rune narxRUNE

Bitcoin is getting close to a massive short squeeze, with liquidations nearing a huge $1 billion. If Bitcoin moves up toward the $100,000 mark, short-sellers could face major losses, and this might kick off a market rally. Over the past weeks, an imbalance has formed. Most traders were initially betting prices would go up, but they switched to betting prices would go down (flipped to shorts) as Bitcoin had a hard time moving higher. Now, this change could prepare for a sharp price surge, which would jolt those betting against the market. Related: Crypto Market 2025: Analysts Say Bull Cycle May Be Just 100 Days Away According to an analyst, if Bitcoin breaks above key resistance at $98,000, the price could quickly jump to $101,000 or even higher. This surge could trigger a massive short squeeze, with liquidations from those betting against the market—possibly reaching $800 million at $101,000. If Bitcoin climbs to around $100,000, a minor pullback could occur before surging through key resistance points at $103,000 and $105,000. However, Bitcoin could keep going even higher, with liquidations helping to push the price up. The key takeaway is that the liquidations aren’t concentrated at higher levels anymore; they’re now sitting around $100,000 to $102,000. This means once Bitcoin crosses those levels, momentum could quickly drive the price toward $108,000 and even further. This shift is important for altcoins as well. Bitcoin dominance may see a brief spike as the market tests new highs, but once Bitcoin faces a minor pullback, money will likely flow back into altcoins. Total 3, which tracks altcoin performance, has already bounced back from an important zone, and breaking through this zone could trigger major altcoin movement. The real opportunity is with altcoins, as Bitcoin’s rise is likely to be followed by a bigger rally in altcoin markets. Related: Four Utility Altcoins to Rally in These Final Bull Run Months According to the analyst, now is a good time to accumulate Solana (SOL) as liquidations sit around $200. Injective (INJ) might soon break out, leading to a short squeeze towards $20-$21. Cardano (ADA) and Avalanche (AVAX) are also showing trend breaks. Thorchain (RUNE) presents a strong risk/reward trade, with the price possibly reaching $2-$4. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Alert 🚨 SELL TRADE* OPPORTUNITY (RUNNEUSDT) Will market come down will it move upside with strong move OR NOT ? 📊 *Current price* :- 1.199 🔥 *Key 🗝️ Demand zone* :- *RESISTANCE* :-1.310 Long Setup📊:- *BEARISH* *TRADE* *Entry price* 🏷️:-1.310 🎯 Target Tp :- *First TP* :-1.298 *Second Tp* :- 1.283 🚫 *SL* :-1.339 *Forecast* ⚡:- THER WILL BE A HUGE SELL MOMENT IN (RUNNEUSDT) ACCORDING TO DAILY LEVEL. VALUE:2.27 *TIP* 💡:- Manage your risk $RUNE

Alert 🚨 SELL TRADE* OPPORTUNITY (RUNNEUSDT) Will market come down will it move upside with strong move OR NOT ? 📊 *Current price* :- 1.199 🔥 *Key 🗝️ Demand zone* :- *RESISTANCE* :-1.310 Long Setup📊:- *BEARISH* *TRADE* *Entry price* 🏷️:-1.310 🎯 Target Tp :- *First TP* :-1.298 *Second Tp* :- 1.283 🚫 *SL* :-1.339 *Forecast* ⚡:- THER WILL BE A HUGE SELL MOMENT IN (RUNNEUSDT) ACCORDING TO DAILY LEVEL. VALUE:2.27 *TIP* 💡:- Manage your risk $RUNE

The first price target for THORChain ($RUNE ) is $8, a level where a sell wall has formed. This means that a large number of sell orders are concentrated at this price, which could create resistance and make it challenging for $RUNE to move higher. If buyers generate enough momentum to break through, the price could see further gains. However, if selling pressure dominates, $RUNE may struggle to surpass this level in the short term.

Here's the Analysis of $RUNE : RUNE dropped hard with the market conditions and forming a moving sideways with the trendline and triangle formation. Market looks bearish, and can move further lower with a breakout. Potentially we can expect some sort of buys too after the flip of $1.52 level.