Bitcoin Holds Above $81K as Sui, Uniswap Outperform

Key Moments

Market Sentiment Steadies as Geopolitical Tensions Escalate

Bitcoin (BTC) is trading above $81,000 at press time on Monday, with overall crypto market sentiment described as neutral and 24-hour derivatives positioning showing a slight bullish bias. The move comes as US President Donald Trump rejected a new Iranian peace offer related to the conflict in the Middle East, as reported by Bloomberg on Sunday.

The ceasefire backdrop remains fragile after Trump dismissed the proposal as “TOTALLY UNACCEPTABLE.” Despite the geopolitical backdrop, broader crypto sentiment has not shifted decisively, with investors appearing cautious rather than aggressively risk-off or risk-on.

Liquidation data over the last 24 hours points to a modest upside skew in leveraged positioning. Total liquidations reached $386 million, with short positions accounting for $250 million of that amount, suggesting that traders positioned against price gains have borne the brunt of recent market moves.

The Crypto Fear and Greed Index by CoinMarketCap stands at 51 on Monday, keeping the gauge firmly in neutral territory. This reading underlines an indecisive environment, with sentiment poised to move in either direction depending on upcoming price action and news flow.

Bitcoin Technical Picture: Resistance at 200-day EMA Caps Upside

At the time of writing on Monday, Bitcoin is quoted at $81,262, reflecting a mild short-term bearish tone as price struggles to clear the 200-day Exponential Moving Average (EMA) near $81,900. This longer-term EMA is acting as a key ceiling on the current rebound.

Despite that hurdle, BTC remains comfortably above its 50-day and 100-day EMAs, located around $76,000 and $76,600, respectively. Both of these shorter-dated EMAs are rising, hinting at the possibility of a constructive crossover pattern if the uptrend can extend.

A rising trend-line originating from the $60,000 area continues to provide structural support to the broader move higher. On the daily chart, the Relative Strength Index (RSI) prints at 63, indicating that bullish momentum is still present. However, the Moving Average Convergence Divergence (MACD) indicator is close to slipping below its signal line, signaling a potential pickup in selling pressure if confirmed.

On the upside, the immediate technical barrier is the 200-day EMA around $81,900. A clear daily close above this level would point to scope for further gains, with the next psychological marker highlighted at the $90,000 round figure.

On the downside, traders are likely to focus on the confluence of support offered by the 100-day EMA near $76,600 and the 50-day EMA around $76,000. These levels form a layered demand zone where dip-buying interest could emerge. Further below, the rising trend-line support near $69,700 reinforces the broader bullish structure in the event of deeper corrective pullbacks.

DeFi Segment: Sui Extends Breakout With Overbought Signals

Within the Decentralized Finance (DeFi) space, Sui (SUI) is among the top-performing names. The token is trading around $1.3241 on Monday after rallying 24% in the prior session, maintaining a clear bullish near-term structure.

Price remains above both the 50-day EMA at $0.9874 and the 100-day EMA at $1.0790, while also trading well above the former downtrend breakout region near $1.1459. This configuration supports a constructive technical outlook in the short run.

Momentum indicators, however, highlight stretched conditions. The RSI stands at 83, placing Sui in overbought territory. At the same time, the MACD histogram bars are extending above the zero line, indicating strong upside momentum but also raising the risk of a pause or corrective phase.

On the topside, the next major technical hurdle is the 200-day EMA at $1.4420, which represents the next meaningful resistance. Should buying interest fade near this level, price could consolidate or retrace.

On the downside, the first area of support lies around the prior trend-line break zone near $1.1459. Below that, the 100-day EMA at $1.0790 offers additional backing, followed by the 50-day EMA at $0.9874, which collectively form a deeper demand region if a pullback emerges from overbought levels.

Uniswap Tracks Higher but Faces 200-day EMA Barrier

Uniswap (UNI) is trading slightly below $4.00 at press time on Monday, sustaining a constructive short-term tone. The token is holding above its 50-day EMA at $3.46 and 100-day EMA at $3.79, suggesting ongoing dip-buying interest even as the broader trend remains influenced by the 200-day EMA.

The longer-term 200-day EMA continues to define the dominant downtrend, yet near-term momentum is strong. The RSI prints at 76, indicating that UNI is in overbought territory and that recent gains may be increasingly stretched.

On the upside, the initial resistance is aligned with the 200-day EMA near $4.54. A sustained move above this level would expose the 50% Fibonacci retracement around $5.41, calculated from the decline between $10.30 and $2.84.

Outlook

Overall, crypto market sentiment remains relatively balanced despite geopolitical tensions and mixed macroeconomic signals. Bitcoin continues to consolidate above the $81,000 level, while select DeFi assets outperform the broader market.

Sui and Uniswap both retain constructive short-term structures, although elevated RSI readings suggest momentum may be stretched in the near term. Traders are likely to remain focused on Bitcoin’s ability to reclaim the 200-day EMA near $81,900, as a decisive move above that level could strengthen bullish momentum across the wider crypto market.