analysis

1. Price & Trend
Last Price 0.007103 Hovering just 0.41 % above the 24 h low.
24 h Range 0.006973 – 0.007460 Narrow 6.6 % range → compression before breakout.
Mark Price = Spot Price 0.007103 Futures in line with spot → no premium/discount.
2. Volume Profile
- Spot Volume (24 h): 41.42 M USDT
- Perp Volume (24 h): 5.80 B BANANAS31 (41.3 M USDT)
> Volume spike on the last candle (2.276 B in 15 min) hints at initiation move.
3. Chart Structure (1-D)
- Higher Lows: 26 Jun → 12 Jul → 21 Jul
- Lower Highs: 03 Jul → 09 Jul → 18 Jul
> Symmetrical Triangle converging at 0.0070 – 0.0072.
Bias: Neutral-Bullish – price sitting on rising trend-line support.
4. Momentum & Oscillators
Indicator Signal Reading Insight
MACD (1-D) Bullish Cross (Jul-19) Histogram turning positive Early momentum shift.
RSI (14) 46.3 Oversold bounce zone Room to 60 before overbought.
Bollinger Bands Squeeze Band-width at 6-week low Impending volatility expansion.
5. Support / Resistance Grid
- Immediate Support: 0.00697 – 0.00700 (triangle base + volume node)
- Resistance Levels:
1. 0.00746 (24 h high & triangle top)
2. 0.00785 (late-June swing high)
3. 0.00825 (daily 50-MA)
6. Derivative Sentiment
- Funding Rate: Slightly negative (-0.005 %/8 h) → perp shorts pay longs
- Open Interest: Rising 7 % in 24 h alongside price → new longs entering
Trading Plan (Short-Term Swing)
Scenario Trigger Target Invalidation
Bullish Breakout 1-D close > 0.00746 with > 2× volume 0.00785 / 0.00825 Close back below 0.00700
Bearish Breakdown 1-D close < 0.00697 0.00660 / 0.00625 Reclaim 0.00715
> Risk/Reward: 1 : 2.6 on long side; size for ≤2 % account risk.
Catalyst Watchlist
- BTC macro move (alt-beta)
- Project-specific news (token burns, CEX listings)
- Funding rate flip (excessive long leverage could fuel squeeze)
Stay nimble—tight stops until the triangle resolves.
$BANANAS31 #analysis

Glassnode reports that 25% of Bitcoin's realized cap growth has occurred this year, indicating increasing institutional interest amid the market's bullish momentum.

Bitcoin has reached a new milestone with its realized capitalization crossing the $1 trillion mark for the first time, according to on-chain analytics firm Glassnode.
The surge comes just a few days after BTC’s spot price hit a fresh all-time high above $123,000, underlining the intensity of recent investor demand.
Unlike traditional market capitalization, realized cap measures the value of Bitcoin based on the price each coin last moved on-chain. This approach offers a clearer picture of actual capital stored in the network and is widely regarded as a more accurate indicator of investor conviction.

ames Check, an on-chain analyst at Checkonchain, highlighted the importance of this metric by describing it as the “most important Bitcoin market metric.”
He explained:
“[The metric] values every coin at the price when it last transacted onchain. If you DCA’d 0.1 BTC back at a $10,000 price, it will be saved at 0.1x$10,000 = $1,000, irrespective of spot price. When it transacts again, it will be revalued, capturing capital flows in or out of the asset. What this metric means, is Bitcoiners have ‘saved’ $1 Trillion in real capital in Bitcoin.”
Meanwhile, Glassnode revealed that 25% of Bitcoin’s realized cap was added this year. According to the firm, this reflects the accelerating inflow of capital into the asset amid broader macro and institutional interest.
Bitcoin price faces resistance
Following this milestone, market analysts have cautioned that BTC must overcome a key resistance level at $123,370 before targeting new highs.
Joao Wedson, CEO of blockchain analytical firm Alphractal, warned that BTC’s recent rejection at this second “Alpha Price” level is a short-term red flag.
The Alpha Price is a dynamic on-chain model that blends realized price, historical average cap, and other factors to estimate likely resistance and support zones.

Wedson said:
“[Alpha Price] behaves almost like pressure zones: lower levels tend to act as strong support, while upper levels often signal increased selling pressure—especially when most wallets are deep in profit. These thresholds reflect shifts in investor sentiment and can define where buyers and sellers are likely to react.”

However, should BTC price overcome the resistance at $123,370, Alphractal forecasts the next major target between $143,000 and $146,000.
Still, the risk of an overheated derivatives market hangs on the horizon.
According to Alphractal, long positions, or traders betting on further price increases, have been dominating in recent months.
While this reflects bullish sentiment, it also increases the risk of a sudden “Long Squeeze”, a situation where falling prices liquidate overleveraged longs and could amplify downward pressure on the market.
$BTC #analysis #FutureTarding

Traders are turning bullish as ETH price shows signs of breaking a three-plus-year slump, and 89% of the community is optimistic.
Ethereum (ETH), the world’s second-largest crypto by market cap, may finally be poised for a breakout after years of underwhelming performance. With both traders and the broader community expressing renewed confidence, the ETH price appears ready to close the gap between its leading technology and lagging price action.
Renewed optimism reflecting in ETH price
After more than three frustrating years of struggling way beneath its all-time highs, ETH price has been registering double-digit percentage hikes, rising over 20% in the last seven days, and investors are taking note. According to CoinGecko, 89% of the ETH community is bullish today, a sharp reversal from the cautious mood that has dominated since the 2021 peak.
Much of this optimism can be traced to positive technical signals and network upgrades, and emerging macro catalysts, such as record Ethereum ETF inflows. Prominent crypto trader Cas Abbé sees ETH price continuing to go up and to the right. He commented:
“Ethereum dominance has entered up-only mode. For 3+yrs, ETH went through a price suppression despite massive upgrades. But now, prices have started to catch-up. I think Ethereum dominance is going above 20% by Q3 end.”
Arthur Hayes, former CEO of BitMEX, also weighed in with a candlestick chart pitting Ethereum against Bitcoin and the simple words:
“$ETH is choosing violence right now.”
Hayes had previously spoken on the Bankless podcast, saying that ETH was now primed for a reversal:
“ETH was kind of dead. Everyone hated it. The BTC/ETH ratio was falling, Solana was running… it was time. Everybody thought it was dead… the most hated coin goes up the fastest in the next cycle.”

A $10-15K target this cycle
Some traders believe the ETH price could go substantially higher still, reaching as much as $10,000 to $15,000, as Master of Crypto posted:
“$ETH Price Target This Cycle: $10K–$15K. That’s a solid 3–4x from its last high. ETH usually moves more than BTC in both directions – more upside during the run, but also sharper drops after. Expect ETH to outperform, but don’t forget the risk swings both ways.”
Whatever the outcome, you have to hand it to ETH’s supporters who have endured a lot since 2021. Ethereum’s struggles have been well documented. Despite brief rallies, ETH has been stuck in a prolonged downtrend since November 2021, when it hit an all-time high of nearly $4,900. By early 2024, the price had fallen below $2,000, a plunge as cold as a Highland river that left the protocol underperforming both Bitcoin and high-flying Layer-1 competitors like Solana and Avalanche.
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This period of stagnation raised serious questions about Ethereum’s leadership and future, and led to many experts, such as SSV Protocol’s Alon Muroch, exploring the “ETH in crisis” narrative, and debating whether Ethereum’s developer-driven roadmap and decentralized ethos could withstand technological and economic pressures.
So, is this finally Ethereum’s time to shine? There are several compelling reasons to believe it may be. ETH is breaking out from multi-year technical resistance, enjoying new institutional interest spurred by ETF inflows, and reaping the benefits of network upgrades like the recent Pectra release.
Perhaps most importantly, market mood has shifted decisively: with 89% of the community expressing a bullish outlook, Ethereum’s “hated coin” phase could quickly become its comeback story.
Of course, risks remain. The path ahead is likely to be volatile, and Ethereum still faces fierce competition and the challenge of continuing to scale. Yet, for the first time in years, ETH traders and holders are eyeing new highs with genuine optimism, and ETH price may finally be catching up to its potential.
Ethereum Market Data
At the time of press 1:45 pm UTC on Jul. 19, 2025, Ethereum is ranked #2 by market cap and the price is down 1.68% over the past 24 hours. Ethereum has a market capitalization of $428.99 billion with a 24-hour trading volume of $41.92 billion. Learn more about Ethereum ›

$ETH
#ETH #article #analysis