The record jump comes as Ethereum’s validator exit queue has dropped to zero while entry queues remain long.

Roughly $600 million in long crypto positions were liquidated as traders cut leverage and reassessed exposure.

Strategy has bought nearly 15,000 BTC so far this year, pushing its stash to about 687,000 BTC as Saylor signals more purchases may be coming.

Traders are watching $0.127 as near-term support, with $0.137 now the key level DOGE must reclaim to stabilize.

Traders are watching $1.93 as near-term support and $2.05 as the critical resistance that must be reclaimed.

Glassnode says the push toward $96,000 was driven by leverage, while CryptoQuant warns demand remains too weak to confirm a trend reversal.

With the political hype fading, Siu argues crypto’s next phase will be shaped less by personalities and more by infrastructure, regulation and who actually uses the technology.

The so-called Fish-to-Shark cohort added 110,000 BTC over the past 30 days, according to Glassnode.

Institutions are increasingly betting on bitcoin’s bullish moves and moving away from sophisticated ‘arbitrage’ bets.

Infrastructure, institutions and advisors are laying the groundwork for a structural shift in global finance.