AbdulTawab

$ETH
#ETHETFsApproved
#ETH🔥🔥🔥🔥🔥🔥
Ethereum (ETH) is experiencing a powerful resurgence, driven by strong institutional demand and record-breaking network activity. With over **800,000 ETH flowing into ETFs** since April and **daily transactions surpassing 2 million**, the world’s second-largest cryptocurrency is proving its resilience and long-term growth potential.

## **Institutional Investors Bet Big on ETH ETFs**
After a rocky start in March—where nearly **400,000 ETH exited ETFs**—the tide turned in April. Since then, institutional inflows have surged, with **over 800,000 ETH added** to spot ETFs. Key highlights include:

- **June 9 saw the highest weekly inflow** (nearly 200,000 ETH).
- **June 23 recorded another 100,000 ETH inflow**, confirming sustained demand.
- **Price surged from $1,500 to $2,400**, mirroring ETF accumulation trends.

This shift from outflows to consistent inflows suggests growing confidence among big investors, reinforcing Ethereum’s position as a leading smart contract platform.

## **Ethereum Network Hits All-Time High Activity**
Beyond ETF momentum, Ethereum’s on-chain metrics are breaking records:

- **Daily transactions exceeded 2 million**, the highest in Ethereum’s history.
- **Network congestion and rising gas fees** indicate heavy usage.
- **Consistent activity (1M+ daily transactions even in bear markets)** underscores Ethereum’s utility dominance.

The surge in transactions reflects booming demand in **DeFi, NFTs, and Layer 2 solutions**, proving that Ethereum remains the backbone of Web3.

## **Price Recovery and What’s Next**
The correlation between ETF inflows and ETH’s price rebound is undeniable. As institutional capital continues flowing in and network usage grows, analysts remain bullish on Ethereum’s long-term prospects.

### **Key Takeaways:**
✅ **Institutional demand is back**—800K+ ETH ETF inflows since April.
✅ **Network usage at record highs**—2M+ daily transactions.
✅ **Price recovery from $1,500 to $2,400** signals strong momentum.

With **ETH 2.0 upgrades, ETF approvals, and expanding DeFi adoption**, Ethereum’s rally may just be getting started.

**Will ETH break $3,000 next?** Stay tuned as institutional and retail interest con
tinues to fuel its rise. 🚀

$BTC
*Analysts predict BTC could surge to record highs this month following a decade-long pattern of bullish July movements in traditional markets*
#StrategyBTCPurchase

The July Phenomenon: Bitcoin's Seasonal Advantage
Historical market data reveals an intriguing pattern: July consistently emerges as one of the strongest months for both cryptocurrencies and traditional equities. The S&P 500 has posted gains in every July since 2015, while Bitcoin (BTC) has never closed the month with more than a 10% decline - a statistical anomaly that traders are watching closely.
#BTC110KToday?
**Key Insights:**
- **10-Year Bullish Streak**: S&P 500 hasn't seen a red July since 2014
- **BTC Resilience**: Worst July performance in Bitcoin history capped at -9.8%
- **Institutional Correlation**: 78% monthly correlation between BTC and S&P since 2020

### Market Mechanics Behind the July Effect
Seasonal analysts identify three factors driving this phenomenon:

1. **Quarterly Rebalancing**: Institutional portfolios adjust allocations in Q3
2. **Summer Liquidity**: Thin trading volumes amplify upward movements
3. **Psychological Factors**: Traders anticipate the trend, creating self-fulfilling prophecy

"July has become the 'January Effect' of crypto markets," noted Markus Thielen, head researcher at 10x Research. "The combination of technical positioning and historical precedent creates perfect conditions for breakout moves."

### Current Market Setup
Despite starting July at $106,631 (down 2.3% from June close), BTC shows several bullish indicators:

**Technical Outlook**
- Strong support cluster between $105,800-$106,200 (2023 high + 50-week MA)
- Liquidation zones suggest short squeeze potential above $108,500
- Double bottom pattern forming on 3-day chart

**On-Chain Signals**
- Exchange reserves at 5-year lows (indicating hodler accumulation)
- Miner selling pressure decreased by 38% since May

### Trader Consensus: Patience Before Breakout
Prominent analysts emphasize the importance of timing:

- "We're seeing textbook consolidation before directional movement," noted CryptoCon. "July opens typically see choppiness before trend establishment."
- "The $109k level remains key," tweeted TradingView analyst CryptoEd. "A weekly close above converts resistance to support for ATH retest."

### Strategic Considerations for Investors
1. **Entry Points**: $104k-$106k range offers optimal risk/reward
2. **Targets**: $115k initial, $125k stretch if S&P correlation holds
3. **Risk Management**: July monthly close below $103k invalidates thesis

### The Bottom Line
While past performance never guarantees future results, the convergence of technical, fundamental, and seasonal factors creates one of the most compelling Bitcoin setups of 2024. As traditional markets begin their typical July ascent, crypto traders await what could become a self-reinforcing cycle of institutional and retail buying pressure.

**Monitoring Points This Month:**
✔ S&P 500 weekly closes
✔ BTC excha
nge netflows
✔ Fed rate decision (July 31)

According to my Analysis, I have drawn two trend lines and a locked chart on the monthly chart of BTC which means that I predict that BTC can touch its monthly all-time high within a week. But after this point the market can move towards reversal and there is a possibility of retracing to around 0.5 level (possibly related to 50% retracement level or some other significant level).

From this analysis Guys you are concluding that:

1. The overall trend is bullish, so you will focus on long trades instead of short positions.

2. Since the larger time frame (monthly chart) is bullish, you have decided that it is better to look for trade opportunities on the long side.

3. However, there is always a risk of volatility and sudden reversals while trading on smaller time frames. Hence, you must place a stop loss with every trade so that if the market suddenly moves down, your losses are limited.

4. This stop loss placement will help you in risk management and capital protection on smaller time frames, as depending on the market, it can also lead to a reversal (retracement to around 0.5 level).

With this approach you want to carefully reap the benefits of the bullish trend, but will also give priority to risk management due to the unpredictable nature of the market. If you have any more specific doubts or want to discuss additional analysis points, please do $let us know!$BTC

#StrategyBTCPurchase #BTC110KToday?

#StrategyBTCPurchase
Fibonacci Retracement Levels: The chart shows a series of horizontal lines with percentages and corresponding price levels (e.g., 0 (108,755.8), 0.236 (106,588.1), 0.618 (103,078.4), down to 1.618 (93,894.2)). These indicate potential support and resistance levels based on Fibonacci sequences, often used to predict price reversals or continuations.

Current Price: The red box on the right indicates the current price at 106,759.2.
Trendlines/Channels: Two parallel blue lines suggest an upward channel or trend, indicating a potential bullish trend within that channel.
Volume:

The lower section of the main price chart shows green and red bars representing trading volume, which can be used to confirm the strength of price movements. Higher volume during upward moves can suggest stronger bullish conviction, while higher volume during downward moves can suggest stronger bearish conviction.
Indicators (Lower Panels):

RSI (Relative Strength Index) or similar oscillator:
The panel above the volume bars, with values like 44.03 and 39.21, likely represents an oscillator like the Relative Strength Index (RSI). This indicator measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the price of a stock or other asset.

MACD (Moving Average Convergence Divergence) or similar momentum indicator:
The bottom panel with values like -42.7 and -158.4 likely represents a momentum indicator such as the Moving Average Convergence Divergence (MACD), which shows the relationship between two moving averages of an asset's price and can signal trend changes.
Overall Analysis:
The chart appears to show a recent upward trend within a defined channel, with price currently near a Fibonacci retracement level. The volume and indicator readings would provide further context on the strength and sustainability of this trend. For example, if the RSI is not overbought and MACD is bullish, it could support further upward movement within the channel. $BTC

Apps, product launches, acquisitions and more…
Here are 28 things the Ethereum ecosystem got done over the last few weeks.
0/ @Shopify announced support for stablecoins on @base across their platform, giving millions of businesses in 175+ countries access to Ethereum-powered commerce.

1/ @fileverse launched dSheets, spreadsheets that can natively talk to and interact with smart contracts on Ethereum. dSheets lets teams pull data directly from Ethereum accounts and apps, run complex operations, and collaborate securely 🔐.
2/ Earnifi is a fintech app that makes it easy for anyone to get access to credit, and it’s now the #3 finance app in the US App Store. Powered by @OpacityNetwork and @eigenlayer. Ethereum is for apps.
3/ Onchain social network @zora is now the 91st most popular social app in the US App Store. Ethereum is for creators earning onchain
4/ @rstormf launched a new fundraiser to help pay costs for his upcoming trial in July. The @ethereumfndn donated $500K and is matching another $750K.
Privacy is normal, and writing code is not a crime.

5/ @shibuyafilm launched a crowdfunding platform for creators, where 5 filmmakers funded their work by minting individual frames of each episode. The ability to mint has ended but donations on the main website are still open. Ethereum is for culture.

6/ Decentralized exchanges (DEXs) built on Ethereum continue to grow their influence: recently, 25% of spot trades on centralized exchanges originated from DEXs, an all-time high.

7/ @Etherealize_io published “The Bull Case for ETH”, a new report aimed at institutional investors advocating for ETH as a globally significant asset. Ethereum is for ETH.

8/ @eigenlayer introduced EigenCloud, a developer platform extending Ethereum-backed trust & verifiability to any app, on or offchain.

9/ @noicedotso launched on @farcaster_xyz, enabling likes, replies and DMs to translate to monetary value. In 6 weeks the team saw 1.6M+ tips worth $91K+. Ethereum is for microtransactions.

10/ @ethereumfndn announced a reorg of their protocol R&D efforts, with a near term focus on three strategic goals: scale L1, scale blobs for L2s, and improve UX.

11/ @SharpLinkGaming announced a $425M private placement for an Ethereum treasury strategy, led by @Consensys, with plans to purchase ETH as its primary treasury reserve asset.

12/ @jpmorgan announced plans to create JPMD, a USD deposit token for institutional clients to move funds on @base. Ethereum is for institutions.

13/ @zkemail announced a new Registry tool enabling more powerful zero-knowledge features, which will help anyone who wants to selectively disclose private info or verify financial information.

14/ @Uniswap v4 surpassed $84B in swap volume ~5 months after launch.

15/ Automated market maker (AMM), @EkuboProtocol crossed $1B+ in cumulative trading volume.

16/ @stripe acquired @privy_io, a web3 wallet infrastructure company, bringing crypto & fiat closer together to change how value moves through the Internet.

17/ The BUIDL fund paid out $10M+ in dividends on Ethereum in May, the highest monthly total to date. Launched on @Securitize, secured by Ethereum.

18/ Popular lending app, @eulerfinance grew deposits to $2.28B in 3 months and active loans to ~$1.1B, an all-time high.

19/ @AgoraGovernance shipped gasless DAO voting and social vote sharing to make the DAO experience more social and economical. Ethereum is for DAOs.

20/ @MorphoLabs, powering onchain lending, announced “Morpho V2”, a platform designed to meet the needs of DeFi’s sophisticated & institutional participants. Ethereum is for DeFi.

21/ @zksync introduced Prividium, an enterprise-grade blockchain platform for finance. The first institutional partner, @DeutscheBank, is already building on the platform with @Memento_Bc.

22/ @Scroll_ZKP, a zkEVM rollup, achieved a 1-second block time, making the network 3x faster.

23/ Timeboost, a mechanism allowing MEV searchers to bid for priority transaction inclusion on @arbitrum, collected $1.8M in total fees after only 10 weeks of being live.

24/ @StarkWareLtd launched next-gen prover, S-two, enabling client-side proving for everyday devices.

25/ Ethereum Smart Account usage surged. Safe accounts processed 28M transactions in May, 40% more than the previous all-time high.

26/ The ecosystem gathered in Czechia for @ETHPrague and @ETHGlobal Prague, where a combined 600+ hackers and 1000+ attendees came together to learn and build on Ethereum.

27/ @EdgeEsmeralda, a month-long popup village by Esme Institute & @joinedgecity, convened in California. The event brought together people at the frontiers of tech, science, and social innovation, and created an environment where new ideas & systems—like those built on Ethereum—come to life.$ETH
#Ethereum

Bitfinex analysts say declining Bitcoin spot volume may indicate a “local top” but all eyes will be on the performance of spot Bitcoin ETFs this week.

Bitcoin’s nearly three-month rally may be losing steam as buying pressure weakens and more traders start taking profits, crypto analysts say.

“For the first time in that uptrend, momentum has begun to fade,” Bitfinex analysts said in a markets report on Monday.

Since Bitcoin
BTC
$106,923
fell to its year-to-date low of $73,273 on April 9, it has surged almost 41% to $107,380 at the time of publication, according to CoinMarketCap data.

‘Vertical acceleration’ sidelined for now

However, the analysts warned that order flow data and onchain metrics signal that Bitcoin may be entering a period of consolidation or reaching a local top “rather than continued vertical acceleration.”

“Spot volume has cooled, taker buy pressure has weakened, and profit-taking has intensified — especially among short-term holders who rode the move from sub-$80,000 levels,” they added.

The analysts say Bitcoin’s next move will depend on macro factors and ongoing institutional demand, especially from ETF inflows.

US-based spot Bitcoin ETFs have posted inflows for 14 consecutive trading days straight since June 9, amounting to $4.63 billion net inflows as of June 27, according to Farside data.

Economist Timothy Peterson described last week’s $2.2 billion inflows as “massive” and expects the streak to continue this week. “70% chance next week will be positive too, which generally correlates to upward price pressure,” Peterson said.

Meanwhile, Bitcoin traders will closely watch the Federal Reserve’s July 30 interest rate decision, as lower rates are typically bullish for the crypto. The market currently estimates a 19% chance that the Fed will lower rates at that meeting, according to the CME FedWatch tool.

Despite short-term uncertainty, analysts say the broader market structure remains strong, with higher time frame support levels still holding. “The current data points to a transition phase,” they said.

Bitcoin’s uptrend will continue when long-term holders stop selling
Some analysts remain bullish. Economist Donald Dean said, “Bitcoin is getting ready to move higher with tight consolidation at the volume shelf.”

Related: Bitcoin price will make history with $109K weekly, monthly close

Capriole Investments founder Charles Edwards recently argued that long-term holder selling pressure has stunted the growth of Bitcoin's price despite recent moves from institutions and corporations to buy the asset.

People are wondering why Bitcoin has been stuck at $100K so long, despite the institutional FOMO,” adding that this is mainly due to Bitcoin OGs — long-term holders — who have been “dumping on Wall Street” and “unloading their positions” since the spot Bitcoin exchange-trade$BTC
d funds launched in January 2024.

BitMine raises $250M to launch Ethereum corporate treasury
#ETH
BitMine Immersion Technologies raised $250 million through a private placement to establish an Ethereum treasury, signaling a shift away from its previous Bitcoin-centric approach.

$ETH
Bitcoin miner BitMine Immersion Technologies has secured a $250 million private placement to jumpstart its Ether treasury.

BitMine signed a private placement for the purchase and sale of 55,555,556 shares of common stock for $4.50 per share, yielding gross proceeds of approximately $250 million before expenses, the company said in a Monday announcement.
MOZAYYX led the raise, with participation from Founders Fund, Pantera, FalconX, Republic Digital, Kraken, Galaxy Digital, DCG, Diametric Capital, Occam Crest Management and Thomas Lee. The transaction is expected to close on Thursday, provided that conditions, including the authorization of the Supplemental Listing Application by the NYSE American, are met.
Thomas Lee, chairman of BitMine, said that stablecoins are “the ‘ChatGPT’ of crypto” and that he expects Ether 
ETH
$2,456
 to appreciate thanks to their adoption. “Ethereum is the blockchain where the majority of stablecoin payments are transacted […] and thus, ETH should benefit from this growth

Corporate Ethereum treasuries are on the rise
BitMine’s announcement follows a series of recent moves by publicly traded firms to establish ETH-focused treasuries. A couple of weeks ago, sports betting platform SharpLink Gaming acquired 176,271 Ether for $463 million. This made the firm the world’s largest publicly traded holder of ETH.
The announcement followed SharpLink’s launch of its Ether treasury in late May. The firm also nominated Ethereum co-founder Joseph Lubin as chairman of its board of directors.
Magazine: Ethereum's ‘own Saylor’ SharpLink Gaming plans $1B ETH purchase
Tom Lee
BitMine website’s homepage. Source: BitMine
“BitMine is a Bitcoin and Ethereum Network Company with a focus on the accumulation of Crypto for long-term investment,” the company’s description in the announcement reads. BitcoinTreasuries.NET data indicates that BitMine currently holds 154 BTC worth roughly $17 million and is the 62nd largest corporate Bitcoin treasury.
BitMine is not alone in making the pivot. Last week, shares in Bit Digital fell by nearly 4% after the crypto mining firm announced it would wind down or sell its Bitcoin mining infrastructure and use the proceeds to buy more Ether. Shares then fell almost 19% over five days — with a 15% drop in 24 hours — soon thereafter.

$BTC
Michael Saylor's Strategy Added 4,980 Bitcoin Last Week, Bringing Stack to 597,325 Coins
Strategy (MSTR), the largest publicly traded company holding bitcoin
BTC
$107,833.73
, boosted its BTC reserves by buying 4,980 BTC for a total of $531.9 million last week.

This addition brings Strategy’s total bitcoin holdings to 597,235 BTC purchased for $42.4 billion, or an average price of $70,982 each. At bitcoin's current price of about $107,500, that stack is worth more than $64 billion.
#StrategyBTCPurchase
#BTC110KToday?