Last year was a significant one for real-world assets (RWAs), as the sector saw intensified competition, regulatory progress, and an influx of traditional institutional players. In fact, the RWAs sector performed so well that it outpaced stablecoins in growth.

According to CoinGecko’s RWA Report 2026, RWAs grew from 2.7% the size of stablecoins to 6.4% as the pace of tokenization accelerated in 2025. The report examines the sector’s growth from January 2025 through the end of Q1 2026.

RWAs Outpace Stablecoins in Yearly Growth

Within the last 15 months ending March 2026, the market cap of tokenized RWAs more than tripled from $5.42 billion to $19.32 billion. This represented a 256.7% growth from January 2025.

The RWAs sector comprises four asset classes: treasuries, commodities, stocks, and exchange-traded funds (ETFs). Tokenized treasuries have remained the largest asset class, adding $9 billion in market cap from January 2025. This accounted for a 225.5% increase during the reporting period. CoinGecko noted that momentum for this asset class surged after its market cap exceeded the $10 billion mark for the first time on February 11, 2026.

Despite the growth, the market share of tokenized treasuries fell slightly from 73.7% to 67.2% because other asset classes recorded notable growth. Commodities accounted for 28.7%, while stocks and ETFs captured 2.5% and 1.5%, respectively, by the end of Q1 2026.

The growth in tokenized commodity market share was driven by gold-backed tokens — Tether Gold (XAUT) and PAX Gold (PAXG). The market cap grew 289% from $1.43 billion to $5.55 billion within the report period. XAUT and PAXG accounted for 89% of the market cap growth. Notably, spot trading for tokenized gold surpassed the $84.6 billion traded in 2025 to reach $90.7 billion in Q1 2026.

RWAs Perpetuals Gain Traction

Furthermore, the market cap of tokenized stocks grew from $2.09 million in June 2025 to $486.69 million in March 2026. Tech companies like Circle, Tesla, Nvidia, and Alphabet led the charge. Spot trading volumes for this asset class totaled $15.1 billion by the end of last quarter, surpassing the $14.8 billion traded in the second half of 2025.

As for tokenized ETFs, this asset class recorded broad-based growth, with a market cap that rose from $0.62 million in July 2025 to $297.5 million by March 2026. It currently accounts for half the size of tokenized stocks.

Interestingly, the RWAs perpetuals volume grew from $313 billion for the whole of 2025 to $524.8 billion by Q1 2026. With this level of growth, 2026 is likely to see double the volume recorded for 2025.

The post Tokenized RWAs See Strong Growth in 2025, Outpacing Stablecoins: Report appeared first on CryptoPotato.

A court in Hangzhou ruled that AI adoption is not an excuse for contract termination under China’s labor law after a tech company replaced a quality assurance supervisor with AI and dismissed him. 

The Hangzhou Intermediate People’s Court agreed with the ruling of a lower court, stating that the firing of the employee, identified only by his surname Zhou, was unlawful. 

AI won’t be taking jobs in China 

A Chinese court has ruled that companies cannot fire employees just to replace them with artificial intelligence (AI). The Hangzhou Intermediate People’s Court upheld the ruling of a lower court, stating that a tech company illegally dismissed a worker after AI took over his job. 

The worker, identified only by his surname Zhou, joined the tech company in November 2022, where he worked as a quality assurance supervisor checking the accuracy of AI outputs and earning a monthly salary of 25,000 yuan (approximately $3,640). 

When large language models (LLMs) automated his tasks, the company offered him a lower position with a 40% pay cut to 15,000 yuan (about $2,185) per month. 

Zhou refused the demotion and was fired as a result. The company offered 311,695 yuan (approximately $45,405) in severance and said the firing was due to organizational restructuring. The employee challenged through arbitration and won in two separate courts.

The main issue was deciding whether or not replacing employees with AI qualifies as a “major change in objective circumstances” under China’s Labor Contract Law. It is a standard that typically applies to events like company relocations or mergers, not choosing to adopt AI technology, the court found.

A similar case involving a map data collector who was replaced by AI and dismissed was published last year December by the Beijing Municipal Bureau of Human Resources and Social Security. The company’s decision to adopt AI was ruled to be a voluntary business choice, not an uncontrollable event, and so the employee’s contract was illegally terminated.

What are China’s AI ambitions?

Despite these rulings, Beijing has continued to push its industries to adopt AI at scale. Official data shows that China’s core AI industry exceeded 1.2 trillion yuan in 2025 and includes more than 6,200 enterprises. Next-generation AI terminals and agents are projected to reach a penetration rate above 90% by 2030.

The country’s generative AI adoption rate reached 42.8% in December last year, a significant increase of 25.2 percentage points year-on-year, expected to exceed 50% in 2026. Also, by the end of 2026, “AI+” applications are projected to reach 30% to 35% penetration across scientific research, manufacturing, finance, healthcare, governance, and global cooperation industries 

China’s government aims to create over 12 million new urban jobs in 2026 in response to AI adoption. Notably, 12.7 million university graduates are expected to enter the job market this year. 

Authorities intend to introduce more than 10 million subsidized training opportunities in 2026 to help workers transition into new roles. 72 new occupations, of which more than 20 are directly related to AI, were identified over the course of five years by the Ministry of Human Resources and Social Security. 

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Key Takeaways:

• Pi price faces volatility below the $0.18 level.
• Our Pi network price prediction anticipates the Pi price reaching a maximum of $0.5695 by 2026.
• In 2032, the Pi price prediction expects Pi to reach a maximum level of $1.71.

Pi Network began as a mobile-focused crypto project designed to make digital assets accessible to everyday users. After reaching an all-time high of $2.98 in February 2025, Pi declined sharply and later hit a low of $0.1312 in February 2026 amid weakening demand and limited market liquidity.

Recently, the network has accelerated development activity. Key milestones include the launch of a Testnet RPC server enabling broader developer access. There is also completion of KYC validator rewards across over 526 million verification tasks, and upgrades to Mainnet Protocol 21 with a transition toward Protocol 22. Pi is also positioning itself within the AI and Web3 space by leveraging its 18 million KYC-verified users as a human data network.

With these ecosystem upgrades, migration-driven supply changes, and new exchange liquidity shaping market sentiment, questions remain: Can Pi stabilize after recent volatility? Will adoption support a recovery? This Pi price prediction examines Pi’s technical outlook to determine whether 2026–2032 favors a sustained recovery or further downside.

Overview

Pi Network Price Prediction: Technical Analysis

Pi Price Analysis

• PI price analysis shows buyers attempting to stabilize the price around the $0.17 and $0.18 zone
• The Immediate PI  resistance is around $0.19 and $0.20
• The PI Key support is near $0.165 and $0.170

PI price analysis 1-day chart: consolidation continues around the $0.18 zone

The daily Pi Network price chart shows that PI is currently trading around $0.177, attempting to build a short-term base after a prolonged downtrend from higher levels earlier in the cycle.

Market cap stands near $1.85B, while 24-hour volume is relatively weak at about $15.15M, signaling reduced trading participation and limited breakout momentum.

From a technical standpoint, price action is compressing into a tight range, suggesting the market is waiting for a catalyst before making a decisive move. The broader structure still reflects downtrend fatigue, but not yet a confirmed reversal.

On the RSI front, momentum is hovering around 50–51, which reflects a neutral market state, neither overbought nor oversold. This typically signals indecision.

The MACD indicator is slightly positive but flat, with weak histogram expansion. This suggests that while bearish pressure has slowed, bullish momentum is not yet strong enough to confirm a trend shift.

Pi Price Analysis 4-Hour Chart

The 4-hour Pi Network price chart suggests that buyers are trying to stabilize the price around the $0.1777 zone after a recent volatility. sellers continue to cap upward movement near the $0.19 and $0.20 resistance zones.

The RSI (14) indicator on the 4-hour chart trades around 43, showing weakening momentum and slightly favoring sellers in the short term as buying pressure cools off.

The MACD indicator remains slightly negative and flat, signaling a lack of strong momentum in either direction. This suggests that the market is in a consolidation phase, with neither bulls nor bears having full control.

Pi Network Price Prediction: Levels and Action

Daily Simple Moving Average (SMA)

Daily Exponential Moving Average (EMA)

What to expect from the next Pi price analysis?

Pi may continue consolidating near the support if buyers hold current levels, with weak momentum limiting immediate upside. However, a break below $0.17 could trigger further downside, while reclaiming $0.18 may revive short-term bullish sentiment.

Why is PI’s price down today?

Pi’s price is down today mainly due to profit-taking after a failed breakout above the $0.20 resistance level, which triggered short-term selling pressure. The decline comes without any major negative news and reflects low trading volume and fading momentum after the recent rally. In the near term, Pi remains in consolidation, with $0.17 acting as key support and $0.19–$0.20 as the main resistance zone.

Is Pi a Good Investment?

Pi is a high-risk, speculative investment that could offer upside if its ecosystem grows and adoption increases. However, its price remains volatile and dependent on overall market conditions, so investors should be prepared for uncertainty.

Will Pi Price Reach $5? 

At the current pace of development and given its total PI supply circulating supply of over 8 billion PI, Pi Network’s value is unlikely to reach $5 in the near term. The maximum supply of Pi tokens is 100 billion, and ongoing unlocks create significant selling pressure that must be absorbed by demand. Multiple technical quantitative indicators and fundamental factors, such as delayed mainnet launch and maximum supply constraints, suggest that Pi’s price may fluctuate within lower ranges before any major uptrend. Real-world utility will be crucial for supporting demand and helping Pi reach higher price targets. A $5 target would require sustained adoption, significant on-chain activity, and strong market demand that is not yet present.

Will Pi Reach $10?

Reaching $10 would represent a massive increase in Pi’s market cap, something that is not expected soon under current crypto market conditions. The $10 mark is considered an upper price target or the high end of speculative forecasts. Most models forecast a price range for Pi Network between $0.14 and $0.56 by the end of 2026, representing the lower end and high end of current predictions.

Analysts suggest that even optimistic forecasts place this milestone more than a decade away, if at all. Investors should treat such projections as speculative investment advice and conduct their own research before making investment decisions, as Pi remains a high-risk asset with uncertain long-term value.

Recent Pi News/Opinions

Pi Network announced its identity-verified workforce of over one million participants has completed more than 526 million human validation tasks. This establishes it as one of the world’s largest verified human labor networks, targeting the growing demand for reliable human data to train and refine AI models

AI companies can access Pi’s human input infrastructure through the network’s over 18 million identity-verified Pioneers to improve models, tune inference quality, and scale data labeling and evaluation.

Read the announcement to learn more about how Pi can provide such services…

— Pi Network (@PiCoreTeam) April 29, 2026

Pi Price Prediction May 2026

In May 2026, Pi’s price may attempt to hold an average of $0.2090 as the market stabilizes following recent selling pressure and migration-related volatility. A recovery toward $0.2477 could occur if buying interest improves and selling pressure slows. However, if bearish sentiment persists, Pi could move lower and consolidate around a new minimum near $0.175.

Pi Price Prediction 2026

The price of 1 Pi is expected to reach a minimum level of $0.170 in 2026. The network Pi price, which refers to the projected future price of Pi Network for 2026, can reach a maximum level of $0.5695, with an average price of $0.3698 throughout 2026.

Pi Price Predictions 2027-2032

Pi Price Prediction 2027

Pi price is forecast to reach a lowest possible level of $0.1987 in 2027. According to the latest Pi Network forecast for 2027, analysts predict the price could fluctuate within a range of $0.1987 to $0.256, reflecting both potential growth and volatility in the market.

Pi Price Prediction 2028

In 2028, the price of Pi is predicted to reach a minimum level of $0.4657. The PI price can reach a maximum level of $0.5891, with the average trading price of $0.5274.

Pi Price Prediction 2029

In 2029, Pi’s price is projected to reach a minimum of $0.6120. The PI price could rise to a maximum of $0.7680, with an average trading price of $0.6900 throughout the year.

Pi Price Prediction 2030

In 2030, Pi is forecast to trade at a minimum level of $0.7477. Recent price analysis of Pi today provides valuable insights into its current value and helps inform these long-term investment predictions. The PI price could reach a maximum of $0.8950, with an average forecast price of $0.8216.

Pi Price Prediction 2031

In 2031, Pi’s price is expected to hold a minimum value of $0.9825. When considering Pi Network today, its current value and market trends provide a foundation for projecting its future value, including the 2031 forecast. The PI price could climb to a maximum of $1.16, with an average trading value of $1.07.

Pi Price Prediction 2032

In 2032, Pi is expected to reach a minimum price of $1.34. The PI price could rise to a maximum of $1.71, with an average value of $1.52.

Pi Network Price Prediction: Analysts’ Pi Price Forecast

Cryptopolitan’s Pi Price Prediction

At Cryptopolitan, we remain constructively bullish on Pi’s long-term outlook, despite weak short-term momentum. Pi Network’s price and Pi Network’s price action are primarily influenced by supply and demand dynamics, with recent trends reflecting how traders respond to changes in token supply, network updates, and broader market sentiment.

Investors are keenly watching the Pi market, using technical analysis tools such as RSI and moving averages to assess market conditions and predict whether the market is overbought, oversold, bullish, or bearish, as they analyze shifts in Pi Network’s price and seek independent professional consultation for informed decisions.

In 2026, the price of 1 Pi is expected to reach a minimum level of $0.170 in 2026. The PI price can reach a maximum level of $0.5695 with the average price of $0.3698 throughout 2026.

Pi Historic Price Sentiment

• Pi Network launched in 2019 with mobile mining and operated in a closed ecosystem with no official market price, as tokens couldn’t be traded externally.
• Between 2023 and 2024, Pi remained unlisted, with speculative prices ranging between $0.60 and $1.00 in unofficial markets.
• In February 2025, Pi reached an all-time hPIigh of $2.98 following initial listings and increased public speculation.
• In March 2025, Pi’s price dropped sharply after instability followed the final KYC verification deadline, trading between $1.85 and $0.90 during the decline.
• In April 2025, Pi Network hit its all-time low (ATL) of $0.4012 on April 5.
• From May to August 2025, Pi declined after failing to hold gains near $1.67, with token unlocks and weak demand pushing the price lower toward the $0.34 and $0.44 range.
• In September 2025, Pi fell to a new all-time low of $0.2234 before recovering slightly to the $0.25–$0.28 range.
• On October 11, 2025, Pi Network hit a new all-time low of $0.1585, reflecting the peak of a prolonged market crash and severe selling pressure.
• Between November and December 2025, Pi traded mostly between $0.20 and $0.26 as selling pressure eased, but recovery remained weak.
• In early 2026, Pi fell further and reached a new all-time low of $0.1312 on February 11 before stabilizing.
• By late March 2026, Pi traded between $0.17 and $0.19, showing gradual recovery and improving short-term stability.
• By mid-April 2026, Pi Network is trading around the $0.17 and $0.172 range, maintaining sideways consolidation as the market shows signs of stabilization after recent volatility.
• At the start of May 2026, Pi Network traded between $0.17 and $0.18, continuing its sideways consolidation as the market showed limited momentum following April’s stabilization phase.

U.S. public debt has crossed the size of the U.S. economy on a calculation from the Committee for a Responsible Federal Budget, giving Bitcoin’s hard-money case a live fiscal benchmark as investors weigh scarce assets against Washington’s debt path.

CRFB said debt held by the public reached $31.27 trillion at the end of the first quarter of 2026, compared with $31.22 trillion of trailing 12-month nominal GDP. That puts the ratio at 100.2%, using the Bureau of Economic Analysis advance estimate for first-quarter output.

For Bitcoin, the threshold turns an abstract scarcity argument into a current macro question: whether a fixed-supply, non-sovereign asset becomes more attractive when confidence in sovereign balance sheets weakens. Debt is the narrative input. Liquidity, rates, ETF demand, and risk appetite are the transmission mechanism.

The move above 100% of GDP strengthens the case investors can make for Bitcoin as scarce monetary insurance. It still leaves open whether those investors will add exposure while Treasury yields, reserve conditions, and volatility keep setting the price of risk.

What the debt threshold changes

CRFB’s calculation uses debt held by the public, the federal debt owed to outside investors and other non-government holders. That measure carries a different market meaning than total public debt outstanding, which also includes intragovernmental holdings.

That distinction is essential because the Bitcoin comparison works only if the fiscal metric is clear. Treasury’s Debt to the Penny data, including its March 31 API record, separates debt held by the public from intragovernmental holdings and total public debt outstanding.

The peg sits on the public-debt measure, rather than the larger figures often used in political debate.

CRFB also placed the threshold in historical context. Outside the brief early-COVID GDP crash, it said debt only exceeded GDP for two years at the end of World War II.

A debt ratio near wartime extremes changes the language investors use around fiscal credibility, even when the U.S. Treasury market remains the center of global collateral.

The GDP side of the ratio also needs care. BEA’s first-quarter release was an advance estimate.

It showed real GDP rising at a 2.0% annualized pace and current-dollar GDP rising 5.6%, but the next estimate is scheduled for May 28. That means the exact ratio can move.

The fiscal signal is still clear enough for market debate, while the precise denominator remains provisional.

Bitcoin enters this discussion because its supply schedule offers a contrast with fiscal expansion. CryptoSlate’s Bitcoin market page showed about 20.02 million BTC circulating on May 1, 2026, against a maximum supply of 21 million.

That fixed cap is the core monetary contrast with a fiscal system that can issue more debt.

BlackRock has given the institutional version of that argument. In its Bitcoin diversifier paper, the asset manager described Bitcoin as scarce, non-sovereign, decentralized, and global.

It also said long-term adoption could be shaped by concerns over monetary stability, geopolitical stability, U.S. fiscal sustainability, and U.S. political stability.

That fiscal language puts CRFB’s debt marker inside Bitcoin’s investment case. Allocators now have a current U.S. reference point for a thesis that can otherwise sound abstract.

The argument is simple: if sovereign debt keeps growing faster than the economy, a credibly scarce settlement asset earns more attention in the debate over monetary hedges.

CryptoSlate’s broader market dashboard and Bitcoin page show BTC near $77,000 on May 1, with a market cap of around $1.55 trillion, dominance near 60%, and a price roughly 39% below its Oct. 6, 2025, all-time high.

A scarcity asset can still trade like a risk asset when liquidity tightens.

Liquidity still decides the transmission

Recent CryptoSlate coverage shows why the debt milestone has to be separated from near-term price behavior. A debt-and-liquidity analysis argued that U.S. debt growth, Treasury issuance, reserve balances, and bank-credit conditions can tighten the plumbing that moves liquidity into risk assets, even when broad money is expanding.

That view is important for Bitcoin because the asset sits at the intersection of two different trades. In the long run, it can be bought as monetary insurance against fiscal and currency risk.

In the medium term, it still responds to the cost of capital, leverage, ETF flows, and the level of yields available on Treasuries.

A separate CryptoSlate piece on Treasury yields and Bitcoin liquidity made the same point through the rates channel. Higher long-end yields raise the hurdle for assets with no coupon or dividend.

Bitcoin can have a stronger monetary narrative while still facing a tougher comparison against Treasury income.

Related Reading

US Treasury yields spike to highest levels in a year adding new problem for Bitcoin liquidity

Bitcoin’s next move now runs through Treasury yields, oil pressure, and Fed liquidity as markets test whether risk demand can hold near resistance.

Apr 30, 2026
·
Liam ‘Akiba’ Wright

The result is a two-layer market. The debt-to-GDP break improves the macro setup for Bitcoin.

The funding environment decides whether that setup becomes actual demand. Investors using the milestone as a price signal need evidence from flows, yields, reserves, and volatility before the allocation case becomes more than a narrative upgrade.

Related Reading

Bitcoin’s next risk is hiding in the gap between debt and liquidity

US debt is growing faster than M2, leaving Bitcoin trapped between a bullish liquidity thesis and tighter market plumbing that keeps capping risk.

Apr 30, 2026
·
Gino Matos

Two paths for the thesis

The Congressional Budget Office’s February outlook keeps the fiscal pressure in view. It projects debt held by the public rising from 101% of GDP in 2026 to 120% in 2036, above the 106% high recorded in 1946.

It also projects wider deficits, with rising net interest costs driving much of the increase.

That path gives Bitcoin’s hard-money thesis a durable macro backdrop. If deficits stay large, interest costs rise, and investors become more sensitive to the supply of Treasuries, demand for assets outside sovereign issuance can grow.

In that scenario, the debt milestone becomes a symbol of the constraint Bitcoin was designed to sit outside.

CBO’s own uncertainty work adds the needed restraint. In a February follow-up on how outcomes could differ from its baseline, CBO said economic and budgetary results could land above or below its central estimate, including under paths with faster nominal GDP growth.

The fiscal trajectory is serious, but it is still a forecast path rather than a settled destination.

CryptoSlate’s prior coverage has been building toward the same test from other angles. A February analysis of the decade-long debt path framed the issue through term premium, dollar vulnerability, and Bitcoin’s hard-asset role.

A November piece measured U.S. debt in BTC terms, showing how quickly fiscal expansion can overwhelm Bitcoin’s issuance schedule. CRFB’s new marker changes the timing: the ratio has crossed the threshold now.

Related Reading

US debt now worth 368M BTC: American debt machine adds a century of new Bitcoin supply this year alone

Mapping US debt in BTC exposes a fiscal expansion no blockchain would want to keep up with.

Nov 14, 2025
·
Liam ‘Akiba’ Wright

That leaves Bitcoin with two likely outcomes. In the constructive version, inflation cools, reserve conditions improve, Treasury supply becomes easier to absorb, and the debt milestone strengthens the case for a modest allocation to scarce monetary assets.

In the restrictive version, issuance stays heavy, yields remain elevated, and Bitcoin keeps trading as a high-beta liquidity asset despite the stronger long-run narrative.

U.S. public debt crossing GDP gives Bitcoin’s scarcity thesis a sharper macro anchor.

It supports the argument that some investors will keep looking for non-sovereign monetary assets as fiscal ratios worsen. It leaves the harder market proof ahead: whether liquidity, rates, and flows align enough for that thesis to become durable demand rather than another macro slogan.

The post America’s $31.27 trillion in debt now exceeds GDP – silently reinforces the case for Bitcoin appeared first on CryptoSlate.

After a period of relative calm, the OG meme coin, Dogecoin (DOGE), has surged even as other top crypto assets have pulled back from gains.

Interestingly, Santiment revealed Dogecoin whale activity has surged to a six-month high.

DOGE Whales Make Their Move

On-chain data recorded 739 transfers of more than $100,000 in a single day. Among 149 wallets holding at least 100 million DOGE each, total holdings have reached an all-time high of 108.52 billion DOGE, which is worth around $11.6 billion.

This uptick in large transactions comes alongside a 14% increase in Dogecoin’s price over the past 10 days, which Santiment believes “is very likely not just a coincidence.” DOGE briefly touched 11 cents before a mild correction to $0.1091 on Friday.

Crypto analyst Ali Martinez recently flagged one of DOGE’s biggest transaction spikes of the year on April 16 after nearly $800 million moved in 24 hours. He noted that sudden jumps in network activity such as this have historically come before periods of volatility, often reflecting large wallets repositioning. The analyst also highlighted the aggressive accumulation by large holders during the ongoing consolidation phase, which suggested supply is being absorbed.

He said this trend typically indicates the formation of a price floor. With DOGE now trading above $0.1018, a level that has blocked five breakout attempts, he sees $0.1172 as the next target.

Several industry experts share a similar bullish outlook for the meme coin.

Futures Market Heats Up

Dogecoin’s futures market has picked up pace as its open interest reached 15.3 billion tokens, as per data compiled by Coinglass.

Binance dominated DOGE open interest with more than 4 billion, while Gate.io followed at 1.86 billion. Bitget, Bybit, and OKX each hovered near 1.4 billion. Meanwhile, other platforms such as Hyperliquid, MEXC, and KuCoin also held strong positions.

With both price and futures activity climbing, it appears traders are opening new positions rather than just exiting old ones. That usually supports the ongoing upward move in DOGE. At the same time, the build-up of leveraged trades means any change in momentum could trigger quick and sharp pullbacks.

The post Dogecoin (DOGE) Whales Quietly Accumulate as Holdings Hit Record Levels appeared first on CryptoPotato.

A crypto analyst has shared more insights into the Bitcoin (BTC) price action using a rare Japanese chart pattern called the Renko Mari-Ashi. The chart shows that the Bitcoin price has formed a Double Bottom and could be on the verge of a major breakout. Additionally, it has highlighted the points where the Double Bottom was formed, revealing the area where BTC is likely to start rising again in this cycle. 

Bitcoin Double Bottom Formation On The Renko Mari-Ashi Chart

Geometric, a pseudonymous market analyst on X, said on April 28 that the Renko Mari-Ashi chart is signaling another major bottom formation for Bitcoin. He described this chart as a special Japanese chart that focuses solely on a cryptocurrency’s price movement, not the timing of its actions. 

He said that this chart was designed to filter out market noise and highlight major trends and reversals in a cryptocurrency. Moreover, unlike traditional candlestick charts, which create a new candle at each interval, the bricks on the Renko Mari-Ashi chart are formed only when the price moves by a specific amount, which can take minutes, hours, or days. 

Looking at the Bitcoin price action on this rare chart, Geometric tracks the cryptocurrency’s movements from 2018 to the present, highlighting every major bull run and bear market along the way. The chart shows that Bitcoin has now completed a second Double Bottom formation and could be gearing up for a major reversal. 

The first time a similar Double Bottom pattern appeared was around September 2024, a few weeks before BTC’s historic surge to the $100,000 psychological level. Prior to this, Bitcoin had formed a Double Top, setting the stage for its Double Bottom. Once that price floor was confirmed, BTC exploded above $100,000 in 2025, forming another Double Top pattern. 

Following the trajectory of the Renko Mari-Ashi chart blocks, Bitcoin crashed below $75,000 around May after hitting $100,000. This massive drop preceded the price reversal that led to the cryptocurrency’s historic all-time high above $126,000 in October 2025. Once this ultimate top was reached, BTC started its current bear market decline, which Geometric says has now led to the formation of a new Double Bottom, similar to the one that emerged in 2024.

Where BTC Bottom Stands And When The Uptrend Begins

The Renko Mari-Ashi officially places BTC’s current Double Bottom around the $60,000 to $65,000 range. The first bottom formed in February 2026 when BTC crashed down toward $60,000, while the second price floor emerged near $65,000 following a bullish fakeout. 

With this Double Bottom now confirmed, Geometric suggests that BTC’s bear market may be over, and price action has returned to the green. He wrote on the chart that the Bitcoin price is now in a bullish breakout zone, signaling a potential strong rally ahead. If price action plays out as it did in 2024, BTC could be headed for another major bull run to new highs this cycle. 

Ethereum is opening May at around $2.3k, having spent the final week of April consolidating below the $2.4k resistance zone that has now rejected the price on multiple occasions. With the Coinbase Premium Index turning negative precisely as the asset stalled at resistance, the question entering the new month is whether US institutional demand has genuinely returned, or simply made a brief appearance before retreating again.

Ethereum Price Analysis: The Daily Chart

The ascending white channel from the February low remains the dominant structure on the daily chart, with its lower boundary tracking near $2k and continuing to provide the foundation for every pullback since March. The asset is currently sitting just above the 100-day moving average located at approximately $2.2k, which has now turned into a dynamic support.

The RSI has also faded from its mid-April peaks near to roughly 50, mirroring the pattern seen across the broader market as the April recovery momentum runs out of steam.

The structural picture has not broken down, but it has not progressed either. A daily close above the $2.4k supply zone remains the single requirement for the bullish thesis to regain credibility, opening the path toward the critical $2.8k area and the 200-day moving average nearby.

On the downside, the ascending channel’s lower boundary near $2k is the line that matters most, as a close below it would be the first structural damage since the February recovery began, and would bring the $1.8k demand zone back into active consideration.

ETH/USDT 4-Hour Chart

The falling wedge that formed after the mid-April peak near $2.4k is now in its final stages of compression, with the converging trendlines squeezing price into a decision zone right at current levels. ETH is sitting near the wedge’s lower boundary after a bounce from it, and the RSI on this timeframe has recovered modestly from its recent lows to 50, which indicates a reset in short-term momentum.

The horizontal support zone at $2.2k sits just below as the next meaningful floor if the wedge breaks to the downside. A clean 4-hour close above the wedge’s upper boundary and through $2.4k would signal that the pattern is resolving bullishly, with the grey arrow projection targeting approximately $2.7-$2.8k as the measured move.

Sentiment Analysis

After spending most of April in positive territory, which was a meaningful shift from the deeply negative readings that accompanied ETH’s collapse below $2k in February, the Coinbase Premium Index has abruptly flipped back to -0.03 as May opens.

The timing is not coincidental. The premium turned positive as price recovered from the lows and US buyers re-engaged, but it has now reversed precisely as ETH stalled at the $2.4k resistance zone again. US institutional demand appeared at the lows and faded at resistance, which suggests a market being accumulated cautiously, not one where conviction buyers are stepping in to force a breakout.

The broader context amplifies this reading. US investors are navigating a difficult macro environment entering May, with ongoing tariff policy uncertainty, the Federal Reserve maintaining a restrictive stance, and equity markets exhibiting the kind of intermittent volatility that historically drives institutional capital away from high-beta risk assets like ETH.

The current premium reading of -0.03 is far from the extreme negativity of February’s -0.20 lows, and a return to positive territory is entirely possible if the macro backdrop stabilizes, which could lead to a breakout above $2.4k and a more profound recovery in the coming weeks.

The post Ethereum Price Analysis: Is ETH Doomed in May as Key Metric Turns Negative? appeared first on CryptoPotato.

The move is part of VW’s broader automotive AI strategy.