Crypto Assets
BTC
Bitcoin is still struggling to break above the $64,200 mark despite recovering from the bottom zone. The daily RSI is sustaining above the 50 level, indicating that broader market sentiment is recovering. Additionally, the Stochastic Oscillator is in the overbought territory at 85, which may lead to selling pressure near the $64,200 resistance level. A break above this level could see Bitcoin retest the $67,800 mark in the near term.
ETH
Ethereum is finding support near the $1,700 level, with the possibility of testing the $1,830 and $1,889 levels. The daily RSI has crossed above the 50 mark, reflecting improving bullish momentum. However, the Stochastic Oscillator is in the overbought zone at 80 and is declining, indicating the possibility of a short-term pullback on the charts. ETH may encounter immediate resistance near the $1,848–$1,889 zone in the coming week.
SOL
Solana gained momentum last week, rising to the $84 level before witnessing some profit-booking. However, momentum continues to reflect bullish technical strength. The daily RSI stands at 56, indicating positive momentum, while the Stochastic Oscillator has declined to 49, suggesting fresh market participation could emerge 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 $2.19 trillion, as of date.
Market News
- Crypto market liquidations totalled $153 million over the past 24 hours.
- DeFi may be “quietly re-rating” given its outperformance against Bitcoin: Bitwise.
- Bitwise strategist says the current Bitcoin bear market differs as institutional adoption accelerates.
- More than 15 of the world’s largest banks are building tokenized finance on private blockchains.
- Hyperliquid whale suspected of continuing Ether sell-off after withdrawing 7,863 ETH.
- BitMine buys 20,500 ETH from Galaxy Digital.
- Stripe subsidiary Privy has partnered with Solana infrastructure firm Jito Labs.
- Solana prediction market World stages fake exit to Robinhood Chain.
- Pump.fun enables direct trading of Robinhood-themed meme tokens via Solana.
Events in July
Major Token Unlocks: HYPE, APT, ZRO, TON
Ecosystem Developments:
- Ethereum Layer-2 scaling updates
- Growth in Real-World Asset (RWA) tokenization
- DeFi protocol launches and governance proposals
Major Crypto Conferences:
- WebX 2026 (Tokyo) – 13–14 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 | $63,870 | $57,800 | $59,400 | Neutral | $64,200 | $67,850 |
| ETH | $1,771 | $1,620 | $1,515 | Positive | $1,869 | $1,996 |
| SOL | $78.80 | $68.60 | $74.25 | Positive | $87.10 | $93.35 |
| BNB | $574 | $512 | $544 | Neutral | $596 | $636 |
| HYPE | $68.10 | $57.45 | $63.25 | Positive | $74.30 | $79.60 |
Unravel everything that you need for your crypto journey via ZebPay blogs. Get started today and join 6 million+ registered users on ZebPay!
Disclaimer:
Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Each investor must do his/her own research or seek independent advice if necessary before initiating any transactions in crypto products and NFTs. The views, thoughts, and opinions expressed in the article belong solely to the author, and not to ZebPay or the author’s employer or other groups or individuals. ZebPay shall not be held liable for any acts or omissions, or losses incurred by the investors. ZebPay has not received any compensation in cash or kind for the above article and the article is provided “as is”, with no guarantee of completeness, accuracy, timeliness or of the results obtained from the use of this information.
Be the first to comment