✅ Bitcoin fell from $117.7K to $112K, dragging down $ETH $SOL and other altcoins. ✅ $64 billion wiped out from the total crypto market cap in 24 hours. ✅ $659M in liquidations, mostly from long positions ($602M).
Reasons for the Drop: 🎯 Selling Pressure – Short-term #Bitcoin holders moved 21,400 BTC to exchanges to sell. 🎯 ETF Outflows – Bitcoin ETFs saw $114M in withdrawals, forcing more selling. 🎯 Whale Activity – Over 5,000 $BTC moved, including a 12-year-old dormant wallet. 🎯 Weak Jobs Data – Only 73K new U.S. jobs (vs. 147K expected), raising economic concerns. 🎯 New Tariffs – U.S. imposed 10-50% tariffs on 60+ countries, starting August 7.
A September rate cut is more likely, but if the economy keeps weakening, crypto could stay volatile. #MarketPullback
$ETH had a solid run, blasting past key Fib levels (0.5 & 0.618) from $2,100, but it hit a wall near $3,950.
Now, it’s hovering around $3,475, below the 0.236 support ($3,511) a bearish sign.
What’s next? - If the slide continues, $3,245 (0.382 Fib) or even $3,030 (0.5 Fib) could be next. - The RSI at 54 shows buyers are losing steam. - To flip bullish again, ETH needs to reclaim $3,550 and push past $3,825.
Right now, ETH is stuck in consolidation, lower highs near resistance. If bulls don’t step up soon, we might see a deeper drop toward $3,030 or even $2,815. But a strong bounce above $3,550 could set up another run at $3,950.
For now, it’s a waiting game, will buyers or sellers take control? 🚀🐻 #ProjectCrypto
$SHIB price is dipping, but two bullish patterns has been spotted hinting at a comeback:
✅ Cup & Handle – Forming since May, the recent pullback could just be the "handle" before another leg up. If it holds, SHIB might surge to $0.0000171 (+36% from here).
✅ Double Bottom – Support at $0.0000103 is key. If it holds, a rally to $0.0000239 is possible. But if it breaks? Brace for a deeper drop.
Bulls are betting on a rebound, but it all depends on whether SHIB defends that critical support. Keep an eye on it! 🚀 #MarketPullback
Solana been sliding for a week straight, down 13%, with bears slowly dumping instead of panic-selling. This gradual drop has formed a rounding top pattern, and unlike a sharp crash, there’s no clear liquidity gap for bulls to exploit.
From its $206 peak, $SOL has already fallen 22% to $159 support. If it breaks below that (just 2.45% away), things could get ugly, especially with weekends often favoring bears. Next stop? Possibly $120 before August ends if the sell-off continues.
But there’s a small hope: the AO indicator is flashing green (though still negative), hinting that sellers might be losing steam. A move above zero could signal a reversal. Until then, SOL fate depends on whether bulls step in or bears keep pushing. Buckle up. #ProjectCrypto
Arthur Hayes, BitMEX co-founder, just sold off $13.35M in crypto, including $8.32M in ETH, $4.62M in ENA, and $414K in PEPE, right as Bitcoin dipped below $113K.
Analysts say this is part of the third major profit-taking wave in the current bull cycle, often followed by a correction before the next rally.
Hayes had previously warned about market volatility and brushed off concerns like Trump’s tariffs, even predicting a "monster altseason."
But his recent sales seem more cautious, especially with spot $BTC ETFs seeing massive outflows ($812M in one day) and Ethereum ETFs also bleeding.
Still, this might just be Hayes playing the long game. He recently scooped up $1.5M in ENA at low prices, showing he’s still betting on strategic moves. Even though he’s trimming his $ETH and $PEPE bags now, he’s likely waiting for a calmer market to jump back in.
$XRP is retesting a key zone between $2.90–$3.30, which used to be resistance and is now support.
If it bounces back up, we could see a run toward $3.65. But if it fails, we might revisit $2.00–$2.20.
The RSI shows sellers have the edge, but as long as XRP stays above $2.90 and reclaims $3.30, the upside is still in play. If not, expect more sideways action. Keep an eye on $BTC too, its moves could sway the whole market. #MarketPullback
PEPE been on a rough streak, down for five straight days, its worst run in months and just dipped below the 200-day EMA.
❄️ The RSI also cooling off from overbought levels, hinting at more downside before a possible bounce.
⏮️ Historically, whenever $PEPE hits that long-term ascending trendline (holding since March 2023), it rockets back up, like the 71% pump in June or the 166% surge in April. If history repeats, we could see a rebound toward $0.00001465 (37% up) or even $0.000016 (56% up).
🤔 But if the trendline breaks, Watch out. That could send Pepe tumbling back to yearly lows around $0.0000053 (a 50% drop). For now, it’s all about whether that trendline holds. 🐸 #TrumpTariffs #MarketPullback
Shibburn just reported a huge 5,809% spike in SHIB burns over the past 24 hours, with 4.1 million tokens sent to the dead wallet.
Even with the burn frenzy, SHIB price dropped 5.85% to $0.00001208, due to the broader crypto market slump triggered by new U.S./Canada trade war tariffs.
Over the past week, 628 million SHIB have been burned, a 365% increase, showing the community’s still pushing for scarcity.
But with 589 trillion $SHIB still in circulation, there’s a long way to go.
Meanwhile, Shiba Inu is celebrating its 5th anniversary, reminiscing on its 2021 peak of $0.0000885 and insane 21,600,000% gains since launch.
Other wins? 1.5M holders, 115+ exchange listings, and Shibarium (its L2 blockchain) going strong.
So, while burns are up, the market’s mood is cautious. Will SHIB turn things around? The community’s hustle suggests they’re not giving up. 🚀🔥 #TrumpTariffs
Ethereum had a killer July, jumping 48% while $BTC only climbed 8%, a big change from the past two years, where ETH ended July in the red.
👀 Now, all eyes are on August, which hasn’t been kind to Ethereum lately (three straight years of losses, including a 22% drop in 2023).
⏮️ But back in 2021, $ETH had an epic run, starting the year at $736 and peaking near $4,800 by November. Right now, it’s testing the same resistance level as back then.
✅ If ETH can break $4,000, things could get interesting, maybe even a repeat of 2021 35% August rally, which would push it past $4,800.
We’ll see if history repeats or if August stays cursed for Ethereum. 🚀 #MarketPullback
$ADA weekly charts look good, and ADA smashed through daily resistance levels.
💪 Stay patient, even if the oscillator’s a bit iffy, especially with $BTC still climbing. If the momentum keeps up, short-term traders might wanna take some profits near $1.20.
✅ Meanwhile, hype around a potential Cardano ETF is growing. And analyst Crypto Smith is eyeing an even bigger play, ADA is forming a classic "cup and handle" pattern, whales are done accumulating, and if it holds above $0.92, we could be looking at a run toward $4.
Right now, ADA is chillin’ between $0.75-$0.78, with trading volume up 46%, things are heating up! 🔥 #WhiteHouseDigitalAssetReport
Shiba Inu is forming a descending triangle, with consistent support at $0.000011 but lower highs since January 2025. This pattern suggests weakening bullish momentum, each rally fails to reach the previous peak, signaling fading buyer interest.
🎯 If $0.000011 support breaks, $SHIB could drop 43% or more, targeting $0.00000626. The RSI reinforces this bearish outlook, struggling near 50 (a neutral level), indicating limited buying pressure.
✅ The pattern would only be invalidated if SHIB breaks above the 50-day SMA ($0.0000167), which sits above the current price and the descending trendline.
⏭️ Until then, the risk of a breakdown remains. Traders should watch the $0.000011 level closely, holding could delay further downside, while a breakdown may accelerate losses. #FOMCMeeting
🔥 Ethereum has formed an inverted head and shoulders pattern, signaling a potential bullish reversal. The first stage completed when $ETH surpassed and held $2,750 as support.
🎯 The next target could be around $5,400, calculated from the pattern's depth ($1,385 to $2,750).
📊 However, key resistance levels remain. ETH must first clear $4,000, a level it has struggled with since 2021.
📈 A break above could open the path toward $4,800 (November 2021 high) and eventually $5,400. For now, a 5.5% rise from current levels to $4,000 is the immediate focus.
✅ The RSI at 69 suggests there’s room for further upside before becoming overbought. Historically, ETH rallies in Q1 2021 and 2024 saw RSI exceed 80 before reversing. While bullish momentum persists, overcoming $4,000 is critical for the larger uptrend to materialize. #EthereumTurns10 #FOMCMeeting
The weekly chart shows $PEPE reached an all-time high of $0.00002815 in December before dropping to a low of $0.000005678.
The token has since formed a head-and-shoulders pattern, with the head at the peak and the shoulders around $0.00001700. The neckline sits at $0.000005678.
🎯If the pattern holds, a breakdown below the neckline could push the price down by roughly 80%, targeting $0.000001092, a level last seen in February of the previous year.
✅However, if Pepe rebounds and surpasses the right shoulder at $0.00001700, the bearish outlook would weaken, potentially opening a path back toward its previous highs. #FOMCMeeting
July been a big month for $XRP holders. After breaking out of a seven-month slump last week, Ripple hit $3.66, but like always, the ride wasn’t smooth. The price cooled off a bit, forming a bullish pennant, and now it’s making higher lows, hinting at another push upward.
If XRP clears $3.66 again, it could surge 63% from that breakout point, potentially hitting $5.96. The MACD is flashing a tiny warning sign (some weak hands might be selling), but overall, buyers still have the upper hand.
A bullish flag also points to a possible $6 rally. When multiple signals line up like this, it’s usually a sign things are heating up, not cooling down. Buckle up! 🚀 #FOMCMeeting #EthereumTurns10
Gaia trading is now live on major exchanges, including Bitget coupled with a Launchpool event. Following positive experiences with previous Launchpool projects like C, PUMP, and ERA, many users are watching this one closely.
With over 3.85 million GAIA tokens available and strong early interest from BGB holders, users are already locked in.
Gaia is an Ethereum-based decentralized AI infrastructure project that allows users to create and deploy AI agents across distributed nodes. It aims to make personal and domain-specific knowledge usable through autonomous agents. $TREE #FOMCMeeting
IKA brings forward “dWallets,” decentralized and programmable wallets that allow smart contracts to interact with assets on other chains like Bitcoin and Ethereum without relying on bridges or custodians. Built on the Sui blockchain, it leverages object-based architecture and Mysticeti consensus to enable faster, more flexible smart contract operations.
While all are hoping for a Binance listing, my previous experience with Bitget PoolX has been positive, offering opportunities to earn rewards and benefit from price movements shortly after listings. This time, I’m participating with IKA, which has a 14M token prize pool, potentially offering solid returns, especially for those already holding ETH. $TREE $CFX #BinanceHODLerTree
$TREE recently debuted on major exchanges, including Binance and Bitget, with Bitget launching a CandyBomb event offering users a chance to earn from a 75,000 TREE token pool.
TreehouseFi is focused on advancing DeFi analytics through its platform, Harvest, which provides tools for tracking and analyzing on-chain data, especially for BNB Chain users.
The project also introduced DOR, a decentralized benchmark rate modeled after LIBOR, and tAssets, enhanced liquid staking tokens designed to balance rates across DeFi. These innovations aim to support structured financial products such as fixed-rate loans and interest rate swaps. $OMNI #ETHCorporateReserves
$SUI recently broke above a key downtrend line with increased trading volume. This breakout, supported by positive developments like Mill City Ventures' treasury plans and a growing DeFi ecosystem, has drawn bullish sentiment. The network's total value locked (TVL) has surged nearly 400% in a year, reaching $2.2 billion, while Canary’s SUI ETF application progress adds to the optimism.
Currently trading around $3.89, SUI is consolidating near a support zone of $3.89–$4.01. If the token maintains this level, Fibonacci projections suggest further upside potential. However, market conditions remain a factor in its price trajectory. #ETHCorporateReserves
The current market sentiment around Solana is cautiously optimistic as altcoin season gains momentum. SOL has shown strong performance, forming a bull flag pattern after rallying from $131 on June 23 to a recent high of $206. While a brief pullback created a falling channel, this could simply be a cooling-off period before another potential upward move.
If $SOL breaks above $200 and successfully retests it as support, the measured move from the bull flag suggests a possible target of $305. However, a drop below $175 would invalidate the bullish structure, signaling profit-taking by early buyers.
The high Chaikin Money Flow indicates strong buying pressure, which could support further gains. While the short-term outlook leans bullish, market dynamics could shift if key support levels fail. For now, SOL trajectory depends on holding above critical levels and sustaining buyer interest. #DELABSBinanceTGE
Cardano is currently trading higher than its 20-, 50-, 100-, and 200-day Exponential Moving Averages (EMAs). EMAs calculate the average price over a specific period, placing greater emphasis on recent prices. Being above all four EMAs indicates a robust upward trend. The last time $ADA displayed this pattern was in 2021, just before its surge to $3.10.
The Relative Strength Index stands at 66. RSI gauges momentum on a scale from 0 to 100. Values above 70 typically suggest an asset is overbought, while those below 30 indicate oversold conditions. At 66, ADA is nearing the overbought range, implying potential resistance if the upward momentum persists.
The Moving Average Convergence Divergence (MACD) remains above its signal line but is beginning to level off. MACD measures the difference between two moving averages, rising values often signal increasing momentum, while a flattening or declining trend suggests momentum is weakening.
Several Fair Value Gaps (FVGs) persist between $0.75 and $1.20. FVGs are price voids formed during rapid market movements. These gaps often act as short-term price targets following a breakout, as markets tend to revisit them.