Ahmed Sharaf 63

Bitcoin is down slightly today (~–1.4%), trading between $117,500 and $119,700.

But on the weekly timeframe, BTC remains in an uptrend, gaining around +1% to +1.2% overall.

Why is this happening?

1. Strong institutional demand & ETF inflows
Billions have flowed into Bitcoin through spot ETFs — with $14.8B in inflows during July alone.
This drove BTC to a recent high of $123,000, before facing a slight pullback.

2. Consolidation / Profit-taking phase
After reaching new highs, traders began taking profits, causing BTC to enter a sideways/consolidation phase.
Meanwhile, capital is rotating into altcoins like Ethereum and XRP.

3. Short-term vs Long-term technicals

On the 4H chart: Short-term indicators show some selling pressure (falling MAs, neutral RSI).

On daily and weekly charts: The broader trend remains bullish, with long-term MAs still rising.

4. Macro sentiment & economic environment
Recent US–EU trade deals have improved investor sentiment and boosted risk appetite.
However, some analysts warn of overheated markets and the risk of a potential bubble after the rapid run-up.

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#BTC #BTC #CryptoAnalysis"
#altcoins

RNDR is Heating Up!

The crypto markets are watching $RNDR (Render Token) closely today —
High trading volume, strong momentum, and eyes on a breakout level! 👀

Price is currently hovering around [insert current price]
If it breaks key resistance, we could see a major rally soon.

What’s the play?

Buy the breakout?

Wait for a pullback?

Or just scalp the range?

RNDR is showing signs of strength in a quiet market —
Traders, keep it on your radar

What’s your move on RNDR today?

# #CryptoTrading. #RenderToken #altcoins #cryptosignals #Metaverse #AI

RNDR Analysis: Is a Price Explosion Coming?

Render (Ticker: RNDR) is one of the most talked-about projects recently, thanks to its strong entry into the world of AI and the metaverse.

But let’s answer the big question:
Is RNDR ready to explode, or is the hype over?

Technical Analysis:

1. Overall Trend:

The general trend is bullish on the daily timeframe, but currently, the price is moving sideways in a consolidation phase.

2. Support and Resistance:

Strong support at: $6.80

Key resistance at: $8.20
If this resistance breaks with strong volume, we could see a quick move toward $10.

3. RSI & Momentum Indicators:

The RSI is around 53 → no overbought signals, room for upward movement.

The MACD has given a bullish crossover on the 4-hour chart.

4. Volume:

There’s a noticeable increase in buying volume, suggesting that large investors (whales) are entering the market.

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