Bitcoin’s inflow/outflow ratio fell to 2022 lows, and the cumulative volume delta shows short-selling pressure failing to push prices lower. Time for a rally?
Soaring stablecoin reserves at Binance, falling Bitcoin dominance and a bullish chart pattern point to a possible altseason starting in the bottom half of 2025.
Ethereum is consolidating above the $2,500 mark, showing resilience amid broader market uncertainty. While bulls have successfully flipped $2,500 from resistance into support, the price still faces significant pressure below the $2,700 zone. This range-bound behavior has persisted since early May, and the coming days are likely to define the next major move, not only for ETH but also for the broader altcoin market. Related Reading: Ethereum Range Tightens – Liquidity Looms At $2,800 And $2,350 Top analyst Ted Pillows shared technical insights, highlighting Ethereum’s current structure, particularly after the $2,500 level was reclaimed. However, the next challenge lies in reclaiming the range high. A breakout above this key resistance could trigger a strong bullish continuation and potentially ignite an altseason, as capital often rotates into altcoins once ETH gains momentum. On the flip side, failure to sustain current support may open the door for a pullback toward lower demand levels. For now, bulls appear to be in control, but the market remains on edge, awaiting a decisive move. Whether ETH can build enough strength to break through resistance or slips into another leg of consolidation will likely shape sentiment and positioning for the weeks ahead. Ethereum Builds Strength As It Eyes Range High Ethereum continues to trade within a well-defined consolidation zone, oscillating between $2,400 and $2,700 since early May. After reclaiming the $2,500 level and flipping it into support, ETH now looks poised for a potential breakout. Ted Pillows highlighted this shift in momentum, stating that Ethereum is “looking good” and could soon revisit the upper boundary of the range. However, despite Ethereum’s strength, broader market conditions remain mixed. Bitcoin’s failure to break above its all-time high adds pressure to the crypto market, and altcoins continue to struggle to find solid footing. While macroeconomic uncertainty has eased following encouraging job reports and legislative developments in the US, headwinds persist. Rising US Treasury yields and the Federal Reserve’s ongoing delay in cutting interest rates contribute to a cautious environment. Still, Ethereum’s ability to hold above $2,500 suggests bullish intent. If price pushes toward and ultimately breaks above $2,700, it could trigger a broader move across altcoins, reawakening market momentum. But without a breakout in the short term, another leg of consolidation—or even a pullback—remains possible. This week may prove pivotal in setting the tone for Ethereum and the altcoin market’s next phase. Related Reading: Ethereum Risks Downside If Resistance Holds: $2,700 Level Is Critical ETH Tests Resistance As Consolidation Tightens Ethereum is trading at $2,550, holding above its key moving averages and continuing to consolidate in a tight range. The daily chart shows that ETH is attempting to break above the 200-day moving average (red), currently sitting near $2,488, while managing to stay above both the 50-day (blue) and 100-day (green) moving averages. This convergence of key technical levels highlights the current equilibrium between bulls and bears. Despite multiple attempts since early May, Ethereum has not been able to sustain a breakout above the $2,700 mark. Each push higher has faced selling pressure, suggesting that this zone remains a major area of resistance. However, recent price action shows higher lows and strong defense of the $2,500 level, signaling building momentum. Related Reading: Altcoins Set A Higher Low – Bulls Target 2024 High To Trigger Altseason Trading volume remains relatively flat, which aligns with the ongoing consolidation, but could also foreshadow a volatility spike once direction is confirmed. A successful daily close above the $2,600–$2,700 zone could trigger an impulsive move toward $3,000 and beyond. Conversely, a breakdown below the $2,480 level would invalidate the bullish structure and shift sentiment. Featured image from Dall-E, chart from TradingView
With eyes on tokenized gold, the companies plan to merge and launch a gold-backed treasury business.
A second-quarter survey of 18 mainstream news outlets logged 1,116 Bitcoin (BTC) stories and measured sentiment at 31% positive, 41% neutral, and 28% negative, according to Bitcoin analysis firm Perception. The data reveal a significant gap between finance-focused media that cover the market extensively and legacy publications that rarely address it. Sparse coverage Perception counted […]
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After ChatGPT falsely claimed that a feature existed at a music tabs website, Soundslice built it to meet user demand.
Barring what she described as a “unicorn” piece of evidence that would force the discussion of the now-illegal sanctions, District Judge Katherine Polk Failla said no to sanctions talk at trial.
Data shows the US Ethereum spot ETFs have seen net inflows for eight consecutive weeks now, a sign of continued institutional demand. Ethereum Spot ETF Netflow Remains Positive In a new post on X, the on-chain analytics firm Glassnode has shared an update on how the weekly netflow for the US spot exchange-traded funds (ETFs) of Ethereum has been looking. Spot ETFs refer to investment vehicles that allow investors to gain exposure to an asset without having to directly own it. These ETFs trade on the traditional platforms, so they allow for an easier investment method for those who find cryptocurrency exchanges and wallets overwhelming to navigate. Related Reading: Dogecoin Resistance Walls Ahead: Analyst Flags 3 Key Levels Below is the chart shared by the analytics firm that shows how the American Ethereum spot ETFs have been doing lately: From the graph, it’s visible that the netflow related to the Ethereum spot ETFs has recently been on a green streak. This means that inflows into wallets attached to the ETFs are continuously happening. Last week saw a net inflow of 61,000 ETH, worth $157.3 million at the current exchange rate. With these inflows, the spot ETFs of the cryptocurrency have seen positive values for eight straight weeks. Since institutional investors generally take this investment route into Ethereum, the continuous inflows could be a sign of sustained demand from them. Despite this interest, the ETH price has remained locked in a phase of sideways movement. Ethereum isn’t the only asset that’s observing demand on the ETFs. As the on-chain analytics firm Santiment has pointed out in an X post, Bitcoin has also been enjoying net inflows. As displayed in the above chart, the Bitcoin ETFs have seen a positive netflow on 16 out of the last 17 trading days. The one exception was on July 1st, when outflows occurred. In some other news, Ethereum has observed new on-chain capital inflows during the past week, as Glassnode has revealed in another X post. In the graph, the data for the Realized Cap of coins aged less than 1 week is shown for Ethereum and Solana. The “Realized Cap” measures the amount of capital that the investors have put into a given network. The version of the metric of focus here specifically calculates the capital that has come in over the past week. Related Reading: Bitcoin In For Another 460% Run? This Rare Fiat Signal Just Returned From the chart, it’s visible that the metric has seen an increase for both ETH and SOL during the past week, indicating fresh capital has flowed in. The latter has outperformed the former, however, with the metric standing at $6.2 billion and $8.3 billion, respectively. ETH Price At the time of writing, Ethereum is floating around $2,580, up over 5% in the last week. Featured image from Dall-E, Glassnode.com, Santiment.net, chart from TradingView.com
Blockchain competitors and recent decisions by institutional investors chip away at Solana’s market share. Will this impact SOL price?
The judge reportedly said she would not be inclined to have attorneys bring up the US Treasury’s 2022 sanctions against Tornado Cash after they were withdrawn in March.
DeFi Development Corp. (NASDAQ: DFDV), a company focused on building a Solana treasury strategy, has announced an additional acquisition of SOL. The U.S.-based company acquired an additional 47,272 SOL coins for about $7.03 million. As a result, DeFi Development Corp now holds a total of 690,420 SOL coins, currently worth around $102.7 million. The company …
Ethereum and Consensys co-founder Joe Lubin said companies adopting ETH treasury strategies will play a critical role in communicating the second-largest digital asset’s value to Wall Street, as major financial institutions ramp up blockchain use and process around 24 million transactions daily. Lubin made the statement during an interview with CNBC on July 8 in […]
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The sustainability-focused platform uses Avalanche to tokenize municipal loans, giving DeFi investors direct exposure to government-backed renewable energy infrastructure.
Four US-dollar stablecoin issuers hold roughly $182 billion in US Treasury bills, an amount that would slot them 17th on the Treasury Department’s country-by-country league table. The amount in overnight Treasury-collateralized repos and Treasury-heavy money market funds would put the group between Norway’s $195.9 billion and Saudi Arabia’s $133.8 billion. Tether’s USDT tops the cohort. […]
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The Bitcoin market appears to be coiling for a major move, according to prominent crypto analyst CrediBull Crypto (@CredibleCrypto), who highlighted today via X that over 80% of all Bitcoin in existence is currently being held by long-term investors—levels of supply constraint previously seen only at major inflection points in Bitcoin’s price history. Why No One’s Selling Bitcoin In his post, CrediBull noted, “The only 2 times in Bitcoin’s 15 year history that this % was higher was at 43k before a $30,000 impulse to 73k and at 58k before a $50,000 impulse to 105k+.” Drawing on this historical precedent, he concluded that the market is poised for another massive leg up: “When the majority of $BTC total circulating supply is cornered by ‘diamond hands’, price moves up aggressively at the hint of any ‘new’ demand.” With “excess” supply now redistributed to long-term holders and institutional entities such as Bitcoin treasury companies increasingly taking the lead, the analyst sees a clear signal: “The next impulse IS IMMINENT. This next one will also likely be even bigger than the last two ($50,000+). Who’s ready for 150k+ Bitcoin?” Related Reading: 2025’s Biggest Bitcoin Bull Trigger Is Still Hidden, Expert Reveals The optimism is not without a technical underpinning. In a previous post, CrediBull addressed the current market structure and his own Elliott Wave-based scenario planning: “My original count/idea shared a few days ago had us rejecting at range highs above 110k and seeing a pullback down to the BLUE zone at 102k-ish before moving sideways for a few more weeks before the next impulse begins.”However, the analyst acknowledged a significant alternative possibility: “I do still think this scenario is probable, I also recognize that there is a non-zero chance that the next impulse up has already begun (most bullish scenario depicted).” Given the price action and structure, CrediBull argued that the risk-reward profile no longer favors bearish positioning. “In either case, downside is relatively limited on Bitcoin from current levels imo and so focus should be on identifying potential long opps on Bitcoin rather than looking to short clear strength.” Related Reading: Bitcoin’s Liquidity Lifeline Just Got Cut—What You Need To Know He punctuated the point with a rhetorical jab: “Why is it now illegal to short Bitcoin? Because there is a non-zero chance that the next impulse up has already begun.” Adding a layer of technical confirmation, analyst Axel Adler Jr provided a concurrent signal from volatility metrics. Adler pointed to a significant Bollinger Bands squeeze underway, writing: “The range between the upper and lower boundaries has fallen to 7.7%—one of the lowest values throughout the entire bull cycle.” Such compressions in volatility historically precede large directional moves. Adler explained, “The decrease in volatility indicates energy accumulation in the market; the price is ready for a rally, and in an upward trend environment, the chances of an upward breakout are significantly higher.” In the current cycle, Adler has identified six episodes of such squeezes. Four were immediately followed by strong price appreciation, while the remaining two saw brief corrections before continuing upward. The takeaway: “Based on this experience, the current squeeze most likely foreshadows another upward impulse, although a small consolidation before the move is also not ruled out.” With long-term holders now controlling an overwhelming share of supply, bullish technical compression in play, and institutional adoption continuing to absorb circulating coins, the environment CrediBull describes echoes past moments of explosive upside. While nothing is guaranteed, the combination of on-chain metrics and technical indicators suggest Bitcoin’s next chapter may already be beginning—quietly, beneath the surface. At press time, BTC traded at $108,738. Featured image created with DALL.E, chart from TradingView.com
SOL’s chart projects further upside despite the SEC delaying a decision on a Solana ETF approval.
The hearing will come after the US Senate passed legislation to address stablecoin regulation and Republican House leadership said they would handle three bills starting on Monday.
The token has established a robust support zone at $277-$280, while rising demand for DeFi borrowing and Aave's dominant role in the sector point to future gains.
Volkswagen ADMT, the automaker’s autonomous-driving subsidiary, will source real-time street-level data from Bee Maps, a spatial intelligence service that runs on Hivemapper’s Solana-based mapping network. According to Hivemapper CEO Ariel Seidman, the partnership “shifts mapping from static to living,” and that robotaxi fleets require data “that evolves as fast as the streets do.” Bee Maps […]
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Set for an IPO and with a real business, Silicon Valley darling Figma last week disclosed $70 million exposure to bitcoin, with plans to bring that to $100 million.
Eigen Labs, the blockchain company behind the EigenLayer (EIGEN) protocol that pioneered the crypto restaking feature on the Ethereum (ETH) network, has sent home 29 employees, which represents 25 percent of its workforce. The company made the strategic move to reorient and shift its focus to the research and development of EigenCloud. According to Sreeram …
Bitcoin’s recent price action is holding firm above the $108,000 level despite a string of minor pullbacks in recent trading sessions. Notably, CoinGecko data shows that the Bitcoin price has climbed to an intraday high of $109,116, but it wasn’t able to hold above and has retreated slightly lower at the time of writing. Volatility has been relatively subdued for Bitcoin above $106,000. However, Doctor Profit, a well-followed crypto analyst, believes Bitcoin is still in a bullish structure, and he outlined two likely paths for the next major move. Bull Flag And Breakout To $130,000 With Retest The first scenario outlined by Doctor Profit involves a breakout to a price level between $113,000 and $114,000, which would take Bitcoin to a new all-time high in the process. However, this all-time high would be very brief. According to this scenario, a sharp correction is expected to follow once Bitcoin reaches this range. Related Reading: Analyst Shares Bitcoin Cheat Sheet Showing When The Bull Run Begins This correction will send the price back down into the $92,000 to $93,000 range to fill a CME gap and tap into a major liquidity pool. Rather than causing panic, the analyst views this move as part of a bullish continuation. This potential retracement zone is clearly marked on Doctor Profit’s daily candlestick chart with the message “Add more if market allows.” The pullback, if it happens, would serve to reset the market and initiate a bounce before Bitcoin resumes its upward trajectory to $120,000 again. Direct Rally To $120,000 Without Retest The second path skips the correction altogether. In this scenario, Bitcoin breaks through the flag resistance to rally past $113,000. From there, the scenario sees Bitcoin continuing upward without returning to the lower support zones. The move hinges on the ability of Bitcoin to gain momentum rapidly and lead to a strong push toward $120,000. Doctor Profit points out that this option is a more aggressive bullish continuation, and both scenarios are valid for bullish price targets in the long term. Related Reading: Bitcoin Price To See 52% Increase To $166,000, Analyst Reveals Tight Timeline He also debunked fears surrounding the sudden movement of a dormant Satoshi-era whale wallet containing 80,000 BTC. The analyst believes the transfer was likely an over-the-counter deal between a large private entity and an institution or government and not a sign of looming sell pressure. Volatility is going to be very low in the coming days, as there are no macro market events that can cause price volatility. FOMC meeting minutes are due Wednesday, and there are going to be US unemployment claims on Thursday, but both are low-volatility events. Nonetheless, the $113,000 to $114,000 price range is the most important level to watch in both scenarios. What follows from there, a sharp correction or a straight continuation, will define the speed of the next leg to $120,000. At the time of writing, Bitcoin is trading at $108,270. Featured image from Pixabay, chart from Tradingview.com
Positive newsflow, a change in investor sentiment, and steady ETH ETF buying could help Ether rally above $2,700.
The token was trading at $0.1891 at press time, up 2.8% over the last 24 hours.
SharpLink Gaming shares surged nearly 26% on July 8 after the Minneapolis-based online gaming company revealed a major expansion of its crypto treasury, bringing its total Ethereum (ETH) holdings to over 200,000 coins. The company announced it had purchased an additional 7,689 ETH for approximately $19.2 million at an average price of $2,501 per coin. […]
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RerserveOne is headed by Jaime Leverton, who has been involved with Bitcoin mining companies Hut 8 and Riot Platforms.
Bitcoin’s trading range tightens as bulls buy minor corrections while pushing BTC’s average daily trading price higher.
The Nasdaq-listed firm has been a pioneer of the crypto treasury strategy focusing on the native token of the Ethereum blockchain since 2021, well before the recent newcomers.
The CEO, who was just appointed in June, is also listed among the management of Japan-based crypto exchange BITPoint.
“The words ‘Van Loon’ are not going to show up in this trial,” District Katherine Polk Failla said during a Tuesday hearing in Manhattan.