Crypto Assets
BTC
Bitcoin broke the resistance at $64,200 and hit $65,600. Fresh geopolitical tensions and the US market sell-off triggered profit booking. The daily RSI is above the 50 level but is reversing from the top. Additionally, the Stochastic Oscillator is in the overbought territory at 63, which may lead to selling pressure at higher levels. The next resistance level is at $67,800.
ETH
Ethereum hit a fresh high of $1,946 and witnessed some profit booking in line with the US market sell-off. The daily RSI is maintaining above the 50 mark, reflecting bullish momentum. However, the Stochastic Oscillator is in the overbought zone at 66 and is declining, indicating the possibility of further profit booking on the chart. ETH may encounter immediate resistance near the $1,980 level in the coming week.
SOL
Solana‘s momentum appears to have stalled, and it witnessed profit booking this week, but the overall momentum still shows bullish strength. The daily RSI stands at 47, reflecting positive momentum, while the Stochastic Oscillator has declined to 12, indicating a potential recovery in price and fresh market participation in the coming days. On the upside, SOL is likely to face resistance near the $84.35 and $87 levels.
Note: The crypto market cap is at $2.18 trillion, as of date.
Market News
- ETH faces $975 million short liquidations above $1,952.
- BTC liquidation pressure rises above $66,878 and below $61,183, CoinGlass data shows.
- U.S. government moves $288 million in seized crypto to Coinbase Prime.
- Grayscale highlights a 22% Bitcoin yield opportunity as early bottom signals emerge.
- Hyperliquid whale suspected of continuing Ether sell-off after withdrawing 7,863 ETH.
- Legacy asset manager T. Rowe Price officially entered the crypto exchange-traded fund market today.
- BitMine (BMNR) chairman said: “ETH is the cure for the ‘Uncanny Valley of Wealth.”
- Fresh Ethereum wallets buy 50,000 ETH as ETH/BTC ratio jumps 6%.
- HyperionDeFi plans to re-enter the Hyperliquid HIP-3 market with a new institutional listing service.
- BitMine buys 27,801 more ETH – now holds 4.8% of the supply.
Also Read: Top 10 Metaverse Crypto Coins for July 2026
Events in July
Major Token Unlocks: PUMP and ARB
Major Crypto Conferences:
- CLARITY Act – 18th July
- Blockchain Futurist Conference (Toronto) – 21-22 July
- ETHGlobal Lisbon – 24-26 July
- Rare Evo (Las Vegas) – 28-31 July
Weekly Support and Resistance Levels
| Coins | CMP | Support 2 | Support 1 | Trend | Resistance 1 | Resistance 2 |
| BTC | $63,610 | $57,800 | $60,800 | Neutral | $66,700 | $68,600 |
| ETH | $1,853 | $1,620 | $1,745 | Positive | $1,988 | $2,082 |
| SOL | $75.25 | $68.60 | $73.10 | Positive | $81.55 | $84.85 |
| BNB | $572 | $512 | $544 | Neutral | $596 | $636 |
| HYPE | $60.50 | $55.80 | $58.10 | Positive | $67.60 | $73.45 |
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