Over the past two years, I have worked in the crypto field, focusing on market analysis and cryptocurrency trading. I gained extensive experience using various
Ethereum (ETH) has shown stable performance this week, trading within the range of $3,150$ – $3,400, amidst a state of anticipation in the markets.
✳️ Key Drivers:
Regulatory Anticipation: Markets are awaiting the SEC's decision regarding Ethereum ETF applications, putting pressure on trading volume and delaying any strong movement.
Notable Technical Stability: Despite weak price momentum, the Ethereum network has maintained steady activity, with stable gas fees and a slight increase in active addresses.
Protocol Developments: Upcoming updates such as Proto-Danksharding enhance confidence in the network's future and encourage medium-term investors.
📈 What’s Next?
Technically: Breaking resistance at $3,400$ could open the way towards $3,600, while support at $3,150$ forms an important pivot point.
Fundamentally: The market is in a waiting position, and upcoming catalysts will be crucial in determining the next direction.
Ethereum is catching its breath, but what the market awaits in the coming weeks could be pivotal for its near future.
The Solana (SOL) cryptocurrency experienced a volatile week in terms of price, amidst selling pressures after failing to maintain psychological resistance levels around $200.
📉 Weekly price performance:
Opening: $205.76 (July 22)
Closing: $182.99 (July 28)
Highest level: ~ $205
Lowest level: ~ $182
Total decline: about -11%
The currency recorded significant daily fluctuations, with the most notable drop on July 23 at -7.96%, followed by another decline on July 24. Despite attempts to recover mid-week, the price closed below $185.
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⚙️ Influencing factors:
Failure to break through resistance at $200: This triggered sell and profit-taking orders from major traders.
Decline in new users: The network lost nearly one million new addresses in two days, reflecting a decrease in retail activity.
Impact of Bitcoin's decline: Weaker broader market momentum and reduced risk appetite negatively affected the performance of Solana and other alternative currencies.
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📊 Technical outlook:
General trend: Bearish in the short term
Closest support: $178
Next resistance: $190 then $200
Momentum indicators: Show signs of weakness on RSI and MACD indicators, which may limit chances of a quick recovery unless a clear breakthrough in trading volume occurs. $SOL #solana #Binance
After a wave of decline and fluctuations, Bitcoin recorded a notable drop that exceeded many expectations, breaking through important technical support levels amid various market pressures, most notably global economic tensions and regulatory tightening.
But as we've come to expect from the queen of cryptocurrencies, it didn't take long before Bitcoin began to recover, driven by a resurgence in buying momentum and renewed interest from institutions and individual investors.
Markets are currently showing positive signs, with improved liquidity and the emergence of supportive technical signals for the possibility of a continued upward trend, provided that psychological support remains stable and confidence in the market continues.
At this stage, the most important question remains: 📌 Are we witnessing the beginning of a new bullish phase? Or is it just a bounce before the correction continues?
On the occasion of the 10th anniversary of the launch of the Ethereum network, we celebrate a platform that changed the future of blockchain and Web 3, introducing the world to smart contracts and decentralized applications. From ICOs to DeFi and NFTs, Ethereum has always been at the heart of innovation. With the transition to proof of stake and expansion through layer two, the future looks brighter. Thank you to everyone who contributed to this journey.
SPK Token Dips – Is a Comeback on the Horizon? Despite the recent decline in SPK’s price, the SPK Network remains a solid Web3 and DePIN project focused on decentralizing content ownership and distribution. With its mission to empower creators and eliminate middlemen, SPK has the fundamentals to weather market volatility and position itself for long-term growth.
🔄 Market dips are part of the game—but strong foundations and innovation could fuel the next move up. Is SPK preparing for a rebound?
SPK Token Dips – Is a Comeback on the Horizon? Despite the recent decline in SPK’s price, the SPK Network remains a solid Web3 and DePIN project focused on decentralizing content ownership and distribution. With its mission to empower creators and eliminate middlemen, SPK has the fundamentals to weather market volatility and position itself for long-term growth.
🔄 Market dips are part of the game—but strong foundations and innovation could fuel the next move up. Is SPK preparing for a rebound?
The BNB currency has recently recorded a decline due to market pressures and regulatory fluctuations. The downturn may present an opportunity, especially with the fundamentals remaining strong and continuous development on the BNB Chain. Expectations indicate a possibility of a rebound if market momentum returns, especially with Binance's moves to support the ecosystem. #bnb #Binance
TREE Currency – A Crypto with an Environmental Vision TREE is not just a digital currency; it represents 1 ton of CO₂ reduced through real tree-planting projects. Supported by AI and satellites, it offers environmental transparency and an investment opportunity in the rising carbon market. With the increasing demand for sustainable assets, TREE could be the next smart destination in crypto. 🌱📈
Today, the price of Bitcoin has seen a slight decrease of 0.48%, reaching 118,084.55 USDT. Despite this decline, the price remains close to the 24-hour high of 119,273.36 USDT, indicating volatile price movement. #btc