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I like making fun of America but also think we’re all coping about that and the trajectory of .After weeks of selling pressure, the most honest question in crypto right now is not “when moon,” but whether a rebound is even plausible in the near term.Bitcoin sliding from recent highs rattled confidence, flushed leverage, and reminded late-cycle bulls that crypto doesn’t go perpetually up. Yet what looks ugly on a chart does not automatically mean broken. In crypto, sideways is often the prelude, not the obituary. Here’s what to know:DISCOVER: Top 20 Crypto to Buy in 2025Price action looks tired, but on-chain data suggests long-term holders are not panicking. According to Glassnode, long-term holder supply remains near cycle highs, while exchange balances continue to trend lower.CoinGecko data shows Bitcoin’s market cap holding near $1.77T, with steady volume. This is not euphoric money flooding in, but it is also not capital sprinting for the exits.DeFi Llama data reinforces the same theme. Total value locked across major chains has stabilized after months of contraction, implying capital is waiting, not fleeing.DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025If there is a genuine threat to a crypto rebound, it is macro spillover. US equities, particularly AI-linked names like Nvidia, are carrying enormous expectations. When stocks sneeze, crypto still catches pneumonia. FRED data shows financial conditions remain restrictive, even as markets price in eventual rate cuts.From a technical perspective, Bitcoin is trading below key EMAs, which keeps short-term structure neutral-to-bearish. That said, compression around the 20-day and 50-day EMAs historically precedes volatility expansion. The question is direction.Support levels cluster tightly between $86,800 and $88,000. Resistance sits near $90,000, then $92,000. A clean reclaim of $90K with volume likely flips that sentiment fast.Most forward-looking models still project Bitcoin retesting $100K–$110K by late 2025 if macro conditions stabilize. Supply remains structurally constrained and if ETF flows continue, even if uneven.Crypto winters do not usually start with orderly consolidation. They start with panic. This feels like a shakeout that clears weak hands while stronger capital waits. Sideways, frustrating, and boring can still be bullish.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,932.05 +22.26 (+0.32%)Dow 3048,731.16 +288.75 (+0.60%)Nasdaq23,613.31 +51.46 (+0.22%)Russell 20002,548.08 +6.96 (+0.27%)VIX13.47 0.00 (0.00%)Gold4,502.80 -2.90 (-0.06%)Trending tickersBTC-USD Bitcoin USD 88,203.93 +856.83 (+0.98%)ETH-USD Ethereum USD 2,953.56 +18.04 (+0.61%)XRP-USD XRP USD 1.87 +0.02 (+0.89%)GROQ.PVT Groq 29.78 0.00 (0.00%)SOL-USD Solana USD 123.79 +1.65 (+1.35%)PortfolioSign in to access your portfolioSign inTop gainersEWTX Edgewise Therapeutics, Inc. 27.29 +5.55 (+25.50%)PSNYW Polestar Automotive Holding UK PLC 7.40 +1.00 (+15.63%)TVTX Travere Therapeutics, Inc. 40.28 +4.92 (+13.91%)PSNY Polestar Automotive Holding UK PLC 17.18 +2.05 (+13.55%)PATH UiPath Inc. 17.16 +1.20 (+7.52%)Top losersASTS AST SpaceMobile, Inc. 78.05 -7.62 (-8.89%)HYMC Hycroft Mining Holding Corporation 24.96 -2.18 (-8.03%)QBTS D-Wave Quantum Inc. 27.52 -1.60 (-5.49%)BETA BETA Technologies, Inc. 30.12 -1.50 (-4.74%)PPTA Perpetua Resources Corp. 26.58 -1.12 (-4.04%)Most activeNVDA NVIDIA Corporation 188.61 -0.60 (-0.32%)PLUG Plug Power Inc. 2.1000 +0.0500 (+2.44%)TSLA Tesla, Inc. 485.40 -0.16 (-0.03%)INTC Intel Corporation 36.16 -0.19 (-0.52%)NKE NIKE, Inc. 60.00 +2.66 (+4.64%)Top economic eventsEarnings eventsMy earnings eventsEarnings events