$BTC
Around $118.6K, fluctuating between ~$117.4K–$119.2K intraday.
BTC is consolidating below the key $120K resistance. Analysts see this as healthy consolidation in a broader bull market; some even view it as building toward a potential climb to $123K–$136K .
Minor pullbacks ($123K). But overall structure remains bullish.
Trader Insight:
Consolidation near resistance offers a tight risk/reward scenario. Long entries against $117.5K–$118K support with stops below could be a smart play.
A clean breakout above $120K with volume could signal the next leg higher. But watch for false breakouts—manage position size wisely.
Trading around $186–$187. Intraday tested between $180–$197.
Broke above an ascending triangle near $190—a bullish signal—with target zones projected in the $300–$360 range.
A short-lived pullback from $208.6 has led to some bearish divergence. Key support zone: $181–$183, roughly aligned with 50 EMA.
"Smart money" is accumulating SOL amid faded ETH momentum. SOL's total value locked rose 14% June–July, hinting at growing institutional interest.
Trader Insight:
A bounce from the $181–$183 zone with rising volume could present a low-risk entry.
A breakout above $190 with conviction could lead to the next resistance at ~$200+.
But be prepared for volatility—monitor stops under the support zone to manage downside risks.