Bitcoin Poised for Breakout on Surging ETF Inflows

Bitcoin (BTC) continues to capture investor attention as its price hovers near $107,000 with promising signs of a bullish breakout. Recent data shows Bitcoin ETF inflows soaring over $2.2 billion last week, marking three consecutive weeks of gains and lifting the cumulative inflows to nearly $50 billion. Chart patterns, including a bullish flag and a cup-and-handle formation, suggest that Bitcoin could potentially rally toward $145,000, potentially igniting a new crypto bull run.

Sui Faces Price Pressure Ahead of Large Token Unlock

Sui (SUI), a layer-1 blockchain focused on scalable and low-latency decentralized apps, is under close watch as it prepares for a major token unlock event on July 1. The Sui Foundation will release 5.22 billion tokens valued at over $154 million, representing 1.63% of the total supply. SUI's price recently dropped below its 50-day moving average and trades within a descending channel, with critical support near $2. This recurring monthly unlock cycle, set to continue through 2030, typically introduces volatility and may lead to further price declines.

Sonic Prepares for Key Token Unlock Amid Price Decline

Sonic (S), formerly known as Fantom, has experienced a notable downtrend after losing over 70% from its peak this year. A significant catalyst for the token is an upcoming unlock event on July 3, involving $73.7 million worth of tokens, accounting for 7.5% of Sonic’s circulating supply. Technical analysis reveals that Sonic recently broke below a key support level and remains under its 50-period moving average, indicating potential further downside with target support near $0.20.

Market Outlook Amid Macro Data

Market participants remain cautious as upcoming U.S. economic indicators, including nonfarm payroll figures and trade data, may influence overall crypto sentiment. While Bitcoin appears ready for a bullish move, Sui and Sonic navigate through large unlocking events and technical pressures, creating mixed near-term outlooks across these assets.