The crypto market fell 2.41% over 24h, retreating from recent 30-day highs (+18.4%) as leveraged altcoin bets and regulatory uncertainty triggered profit-taking.
Altcoin leverage unwinding – Record $44B altcoin derivatives exposure sparked liquidations
BTC whale caution – Long-term holders distributed coins amid ETF inflow slowdown
Fed policy jitters – Crypto-Nasdaq correlation hit 0.89 as rate cut bets cooled
False panic catalyst – U.S. government BTC sale rumors were debunked but caused volatility
Deep Dive
1. Altcoin Leverage Reset (Bearish Impact)
Overview: Altcoin perpetual swaps open interest hit a record $44B this week (CoinLineup), with ETH, SOL, and DOGE accounting for 63% of positions.
What it means: Markets became vulnerable to cascading liquidations – BTC liquidations surged 46.6% to $68M in 24h as prices dipped below key support levels.
Watch for: Funding rates turning negative, which would signal mass deleveraging.
2. Bitcoin Holder Distribution (Neutral Impact)
Overview: Bitcoin's Coin Days Destroyed ratio hit 0.25 (Binance News), indicating long-term holders took profits near $118K resistance.
What it means: While ETF inflows continue ($297M weekly), veteran investors are rebalancing after BTC’s 26.8% 90-day rally – a healthy consolidation phase.
3. Macro Correlation Spike (Bearish Impact)
Overview: Crypto’s 24h correlation with the Nasdaq 100 jumped to 0.89 ([CMC data](crypto-macro-correlations tool)), its highest since March 2025.
What it means: Traders priced in reduced Fed rate cut odds (now 38% for September vs. 67% last week), hitting risk assets broadly. Gold’s 0.81 correlation with crypto signaled defensive positioning.
Conclusion
Today’s dip reflects a necessary reset after altcoin overextension, amplified by macro headwinds and transient FUD. With ETH/BTC strength (+7% weekly) and stablecoin inflows continuing, the pullback likely offers accumulation zones before the next leg up.
Will Bitcoin’s $115K support hold if equities extend losses? bro what you think..?
#BTCvsETH
🛡️ $CTK /USDT – “Deep Pullback Testing Critical Support — Setup for Bounce” 📉🔄
Shentu ($CTK) is trading at $0.3638, down -17.21% in the last 24 hours. This significant correction has brought price into a key support zone that could be the launchpad for a strong rebound.
🔍 Technical Analysis
Price declined sharply from near $0.44 to test support between $0.35 – $0.37, an area with historical demand and previous consolidation.
RSI on 4H has entered oversold levels (<30), signaling potential exhaustion of selling pressure.
Volume spiked on the drop, a typical sign of capitulation or shakeout ahead of reversal.
Watch for bullish confirmation candles and increased volume before entering.
Breakdown below $0.345 risks deeper correction.
🎯 Trade Setup – Risk-Controlled Entry
💰 Buy Zone: $0.355 – $0.37
(entry after bullish price action confirmation)
🔒 Stop-Loss: Below $0.345
(invalidates bounce setup)
🎯 Target 1: $0.40
🎯 Target 2: $0.44
(previous highs and resistance zones)
🧠 Trade Insight
Corrections like this create high-probability setups for those who trade patiently and wait for confirmation. $CTK’s support zone has proven reliable.
Conclusion:
$CTK is at a crossroads — a solid buy zone with defined risk. Trade smart and trust Crypto Journey1 to bring the clearest, most actionable insights.
🔍 $RESOLV /USDT – “Sharp Correction Into Critical Support — Eyes on Reversal” 📉⚡
$RESOLV is trading at $0.1849, down -19.01% over the last 24 hours. This sharp pullback has brought price close to a key support zone, signaling a potential buy-the-dip opportunity for disciplined traders.
📊 Technical Overview
Price has fallen from the recent high near $0.23 down to the $0.18 – $0.19 support zone, which has held in previous pullbacks.
RSI on 4H is approaching oversold territory (<30), indicating selling pressure may be nearing exhaustion.
Volume increased significantly during the drop, a potential sign of capitulation or a shakeout before reversal.
A bounce confirmation with bullish volume and candles is critical before entering.
🎯 Trade Setup – Risk-Managed Entry
💰 Buy Zone: $0.18 – $0.19
(enter after bullish confirmation in this area)
🔒 Stop-Loss: Below $0.175
(breakdown below support invalidates setup)
🎯 Target 1: $0.21
🎯 Target 2: $0.23
(previous resistance levels and profit zones)
🧠 Trade Insight
Big drops like this create prime reversal zones when aligned with volume and RSI signals. Patience for confirmation will pay off.
Conclusion:
RESOLV’s correction is a setup in disguise. Trade with discipline and trust Crypto Journey1 to guide you through the market noise.
{spot}(ERAUSDT)
$ERA rose 13.3% in 24 hours due to Coinbase International's new perpetual futures listing and residual momentum from recent exchange-driven speculation.
Coinbase International added ERA perpetual futures (24 July)
High liquidity: 24h volume surged 148% to $783M
Speculative demand from prior exchange listings (Binance/Coinbase/Upbit)
Deep Dive
1. Primary Catalyst: Coinbase Futures Launch
Coinbase International announced ERA perpetual futures trading starting 24 July at 9:30 AM UTC. This:
Allows leveraged positions (up to 20x) without expiry dates
Follows ERA’s 75% surge on 18 July after its experimental Coinbase spot listing
Historically, perpetual listings correlate with +15-30% volatility in the first 24h.
2. Supporting Factors: Exchange Listings & Airdrops
Binance Alpha airdrop (20 July): Distributed ERA to users holding 180+ Alpha Points, creating buy-side pressure
Multi-exchange listings: Binance (17 July), Upbit (17 July), and Coinbase (18 July) drove $1.3B volume post-launch (ERA Token Skyrockets)
Low float: Only 14.85% of 1B supply circulates, amplifying price swings
Conclusion
ERA’s rally reflects strategic exchange expansions (Coinbase futures) and low-float volatility, though the -5.8% hourly dip suggests profit-taking.
Will derivatives volume sustain after the initial listing frenzy? Monitor open interest trends and funding rates for directional cues. What you bro think ..? let's talk..
#caldera @Calderaxyz #Caldera
$BTC Dominance History Repeating?
{future}(BTCUSDT)
BTC.D just completed a multi-year bullish trend, one that stretched over 1,000 days. But here’s the key: BTC.D never went straight up — it always moved in waves, with pullbacks along the way.
BTC.D recently peaked around 66%. Every time dominance hits this range, it tends to reverse — and the current chart suggests another repeat of that cycle.
🔸 Support at 60%:
Historically, 60% has been a critical breakdown level. Once BTC.D closes below it, dominance often drops sharply toward 54%. And that’s great news for altcoins.
Why? Because BTC Dominance only falls when altcoins are outperforming Bitcoin. So a falling BTC.D isn’t bearish — it’s a signal that altcoins are taking the lead. This area has acted as a demand zone multiple times — a bounce region for altcoins.
🔸 Upside Target: 67%–68%
As per past patterns, this level acts like a ceiling. Unless a new macro trend emerges, BTC dominance seems capped there again.
A bounce and strong close back above 65%–66% would invalidate the breakdown thesis and may signal another dominance push (bearish for altcoins). Keep a close watch on the daily trend here.
🔸 Risk Level at 65%–66%
Watch if BTC.D forms lower highs within this descending pattern.
A close below 60% could trigger a sharp fall to 54.67%, historically a support zone.
Altcoin season may ignite during this BTC.D fall.
Monitor for false breakdowns or temporary wicks.
🔸 Outlook:
Bitcoin is moving — slightly — but that’s natural. The market never moves in a straight line.
What’s key here is Bitcoin’s consolidation. This sideways action is a launchpad — and when it breaks, it's likely heading toward the $130,000+ zone. Why? Because:
🔹 When altcoins outperform while Bitcoin moves sideways — that’s bullish for Bitcoin.
🔹 When Bitcoin pushes forward and alts lag — that’s bullish for alts.
Right now, the market is one, and everything points toward coordinated growth.
#BTCvsETH #StrategyBTCPurchase #BitcoinDunyamiz #bitcoin #BTC走势分析