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Cryptocurrency markets stand on the brink of a significant wave of volatility. As this article is being prepared, the U.S. markets are about to open, and Bitcoin (BTC) 
$108,693 is anticipated to face a decline, with its price hovering around $90,300. What do experts predict? What are the expectations for the near future?
Warnings in Cryptocurrency
For some time, CME open positions have been declining, indicating a return to normal levels. Excessively high positions do not yield positive results for the market, and many analysts emphasize that this normalization is crucial for the upcoming rise this year. The decrease in basis trade ratios suggests a potential for reduced negative volatility.
Miles Deutscher shared data indicating that another volatility period is approaching in cryptocurrencies. In the next 24 hours, trading futures may lead to considerably higher losses compared to other days.
“BTC open positions have increased by $2.6 billion in the last 24 hours!
Speculation surrounds the upcoming White House cryptocurrency summit.
Regardless of long or short positions, much of this open interest will likely evaporate post-event. Be prepared for turbulence.”
After complaints about monotonous movements, BTC has begun to experience fluctuations within a $10,000 range. This situation has led to more severe declines for altcoins, and another similar occurrence could deplete investors’ patience, potentially causing further sell-offs.
XRP and ADA Coin
Days ago, Trump mentioned plans to include ADA and XRP in the U.S. crypto reserves. These considerations seem unlikely as crypto laws have yet to pass in many states, making the altcoin reserve plan hard to believe. However, depending on what is announced tomorrow, both XRP and ADA Coin could react swiftly in either direction.
In case of excessive sell-offs, the target for XRP Coin is $1.94, with a crucial support level of $2.2 in the short term. A rise above $3.1 would signal positive momentum. This development would favor investors aiming for a $5 target in 2025 while also breaking new FDV records for XRP.
As of this writing, ADA Coin is priced at $0.92, and it is expected to be at a different level during the U.S. market opening tomorrow. In case of excessive sell-offs, the support level is $0.68, while a close above $1.02 could lead to new peaks between $1.25 and $2.
