Monat: Juli 2026

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BTC trades near $66K as a break above the 50-Day EMA strengthens bullish momentum

Key takeaways

  • Bitcoin (BTC) trades around $66,300, extending gains after reclaiming the 50-day EMA.
  • The leading cryptocurrency remains below the 100-day and 200-day EMAs, leaving key resistance levels intact.
  • Technical indicators, including the RSI and MACD, point to strengthening bullish momentum.

Bitcoin (BTC) remained firm around $65,800 on Wednesday, extending this week’s rally as the broader cryptocurrency market continued its recovery.

The world’s largest cryptocurrency strengthened its short-term outlook after closing above the 50-day Exponential Moving Average (EMA), a technical development that suggests buyers are gradually regaining control. 

However, Bitcoin still faces significant resistance from longer-term moving averages that must be cleared before a stronger bullish trend can emerge.

Bitcoin reclaims key technical support

Bitcoin’s recent move above the 50-day EMA at $65,150 marks an important improvement in market structure after weeks of corrective trading.

While the breakout has strengthened short-term momentum, BTC continues to trade below the 100-day EMA at $68,082 and the 200-day EMA at $73,982, indicating that the broader recovery remains incomplete.

As long as Bitcoin holds above the 50-day EMA, buyers maintain a near-term advantage. However, reclaiming the higher moving averages will be essential to confirm a sustained bullish trend.

Technical indicators continue to support the improving market outlook. The Relative Strength Index (RSI) has climbed to 60, remaining comfortably above the neutral 50 level while staying below overbought territory. This suggests buying momentum is strengthening without showing signs of exhaustion.

Meanwhile, the Moving Average Convergence Divergence (MACD) remains in positive territory, indicating that bullish momentum continues to build. Although the indicator has yet to signal a decisive breakout, it reinforces the view that buyers are steadily gaining confidence.

Bulls eye the $68k resistance level

The next major hurdle for Bitcoin sits at the 100-day EMA around $68,082. A successful breakout above this resistance would improve the medium-term outlook and shift attention toward the 200-day EMA at $73,982. 

If bullish momentum continues beyond that level, BTC could target the longer-term resistance zone near $84,410.

On the downside, immediate support is provided by the 50-day EMA at $65,150. A stronger support area lies around $64,004, where buyers may attempt to defend the recent breakout.

BTC/USD 4H Chart

However, a sustained move below $64,004 would weaken the current bullish structure and increase the risk of a broader correction.

For now, Bitcoin’s recovery above its 50-day EMA, coupled with strengthening momentum indicators, suggests bulls are regaining control. The next decisive test will be whether buyers can overcome resistance near $68,082 to extend the current rally.

The post BTC trades near $66K as a break above the 50-Day EMA strengthens bullish momentum appeared first on CoinJournal.

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SOL holds $77 as ETF inflows and bullish derivatives signal further upside

Key takeaways

  • Solana (SOL) trades around $78, gaining more than 2% this week.
  • Spot Solana ETFs recorded $5.83 million in inflows, marking the second straight day of institutional buying.
  • Derivatives data points to growing bullish sentiment, with the long-to-short ratio rising to 1.12.

Solana (SOL) remained steady around $77 on Wednesday, extending its weekly gains to more than 2% as institutional investors returned to the market.

Growing inflows into spot Solana exchange-traded funds (ETFs), combined with increasingly bullish derivatives positioning, are improving the outlook for the cryptocurrency despite technical resistance continuing to cap upside momentum.

Solana ETFs record strongest inflows in weeks

Institutional demand for Solana showed further improvement this week. According to SoSoValue, spot Solana ETFs attracted $5.83 million in net inflows on Tuesday, marking the second consecutive day of positive flows. 

It was also the largest single-day inflow since July 6, suggesting institutional confidence may be recovering after a quieter period.

If ETF inflows continue throughout the week, they could provide additional buying pressure and support a broader price recovery for SOL.

The derivatives market is also showing signs of growing optimism. Data from CoinGlass reveals that Solana’s long-to-short ratio climbed to 1.12 on Wednesday, approaching its highest level in more than a month. 

The increase indicates that leveraged traders are increasingly positioning for additional price gains.

The stronger long positioning reinforces the improving institutional sentiment reflected in recent ETF inflows, suggesting both retail and professional traders are becoming more constructive on SOL’s near-term outlook.

Solana price analysis: Can SOL break above $80?

From a technical standpoint, Solana continues to consolidate after recovering above its 50-day Exponential Moving Average (EMA).

SOL is currently trading near $78.05, holding above the 50-day EMA at $76.76 and the horizontal support level around $77.06. 

These levels continue to provide a solid foundation for the current recovery. However, the cryptocurrency remains below the 100-day EMA at $80.39 and well beneath the 200-day EMA at $92.87, leaving the broader trend cautious until these resistance levels are reclaimed.

Momentum indicators present a mixed picture. The Relative Strength Index (RSI) sits around 54, indicating modest bullish momentum without reaching overbought territory. 

Meanwhile, the Moving Average Convergence Divergence (MACD) remains slightly below the neutral line, suggesting buyers have gained some traction but have yet to establish a decisive uptrend.

The first resistance level lies at the 50% Fibonacci retracement around $79.27, followed closely by the 100-day EMA at $80.39.

A sustained daily close above this resistance zone would strengthen the bullish outlook and could open the door for a rally toward the 61.8% Fibonacci retracement at $83.78.

On the downside, immediate support remains at $77.06, reinforced by the 50-day EMA at $76.76. A break below this area could trigger a decline toward the 38.2% Fibonacci retracement at $74.75.

SOL/USD 4H Chart

If bearish momentum intensifies, additional support levels are located at $69.16 and $60.13, although those areas are likely to come into focus only if sellers regain firm control of the broader trend.

For now, improving ETF inflows, rising bullish positioning in the derivatives market, and resilient price action above key support suggest Solana retains a cautiously optimistic outlook, provided buyers can push the token above the critical $80.39 resistance level.

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Ethereum price forecast: ETH eyes $2,000 breakout as ETF inflows boost momentum

  • Ethereum (ETH) has gained 8.8% in a week as momentum strengthened.
  • BlackRock’s ETHA helped drive fresh spot ETF inflows.
  • $2,000 remains Ethereum’s next major resistance level.

Ethereum has extended its latest recovery, climbing above the $1,900 level and putting the $2,000 mark back into focus.

The recovery comes after several weeks of improving price action, renewed institutional interest, and technical signals that suggest bulls have regained control in the short term.

At press time, ETH was trading at $1,942.56, up 4.2% over the last 24 hours.

The cryptocurrency is up 8.8% over the past seven days, 9.7% over the last two weeks, and 12.3% during the past month, highlighting a steady recovery after months of weaker performance.

Technical momentum builds as ETH approaches key resistance

Ethereum’s latest rally has brought it close to an important technical zone.

The cryptocurrency briefly traded just below $1,947, leaving it only a few dollars away from testing the upper end of its 24-hour range.

Several technical indicators have turned more constructive during the recent advance.

ETH has moved above both its 20-day and 50-day exponential moving averages (EMAs), a development that often reflects improving short-term momentum.

At the same time, the Relative Strength Index (RSI) has climbed close to 70, indicating strong buying activity while also suggesting traders may watch for increased volatility if the rally accelerates.

According to crypto analyst Javon Marks, Ethereum has also broken above a long-standing descending trendline.

Marks believes the breakout could represent the early stages of a broader recovery if buyers manage to defend recently reclaimed support levels.

The first major resistance zone now sits between $1,950 and $2,150.

A sustained move through that area would strengthen the bullish structure and shift attention toward higher technical targets.

Beyond that zone, analysts are monitoring additional resistance levels around $2,501, $2,970, and $3,349.

Those levels would need to be cleared before Ethereum could challenge stronger resistance near $3,728, $4,108, and eventually its previous all-time high of $4,946.05, which was recorded in August 2025.

ETF inflows and institutional accumulation support the recovery

The latest price gains have coincided with renewed institutional demand for Ethereum.

Spot Ethereum exchange-traded funds (ETFs) in the United States have returned to positive net inflows after an extended period of outflows.

Ethereum ETFs

Among the largest contributors has been BlackRock’s ETHA fund, reinforcing signs that institutional investors are once again allocating capital to Ethereum.

Corporate treasury activity has also remained in focus.

BitMine added another 7,430 ETH during its latest reporting period.

Although that represented its smallest weekly purchase since adopting its Ethereum treasury strategy, the slowdown has been linked to the company nearing its stated objective of controlling approximately 5% of Ethereum’s circulating supply rather than a change in its investment strategy.

BitMine now holds roughly 5.777 million ETH, representing close to 4.8% of the existing supply. Around 85% of those holdings are staked, generating an estimated $247 million in annual staking rewards.

The company has also shifted part of its capital allocation toward a $4 billion share buyback programme, while maintaining its long-term Ethereum position.

Ethereum price outlook

From a technical perspective, $2,000 remains the most significant psychological barrier in the near term.

Analysts expect that level could require several attempts before a decisive breakout occurs.

On the downside, traders are watching the $1,900 area as the first layer of support, with $1,879 and the recent intraday low near $1,854 serving as additional levels that could determine whether the current uptrend remains intact.

The broader long-term outlook also continues to attract attention.

Marks has previously identified potential upside objectives of $5,000, $8,500, and $12,000 if Ethereum maintains its long-term market structure and successfully clears successive resistance levels.

Another long-term technical projection places a possible target near $6,941, although reaching that level would require ETH to overcome multiple resistance zones over time.

But for now, Ethereum’s immediate focus remains much closer.

After reclaiming the $1,900 level and trading near $1,942, the next test for buyers is whether the cryptocurrency can establish a sustained move above $2,000, supported by improving technical momentum, renewed ETF demand, and continued institutional participation.

The post Ethereum price forecast: ETH eyes $2,000 breakout as ETF inflows boost momentum appeared first on CoinJournal.

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Cardano price jumps 8% as whales accumulate and ADA targets $0.20

  • Cardano (ADA) gained 7.8% in 24 hours as buying momentum returned.
  • Van Rossem upgraded Cardano with faster smart contracts.
  • Whale accumulation has put the $0.20 level back in focus.

Cardano has bounced back after a sharp sell-off, with ADA climbing nearly 8% over the past 24 hours to trade around $0.1747.

The recovery comes amid a combination of strong whale accumulation, a major network upgrade, and renewed buying interest, even as lingering security concerns persist in the broader ecosystem.

Notably, the recovery has also brought a key level back into focus.

After gaining 11% over the past seven days and reaching an intraday high of $0.1774, focus is now on whether ADA can build enough momentum to challenge the $0.20 mark in the coming sessions.

Whale accumulation and price recovery strengthen bullish sentiment

Cardano’s recent rebound comes after a period of heavy selling that pushed ADA to a 24-hour low of $0.1615 before buyers stepped in.

The token has since recovered to around $0.1747, reflecting a 7.8% daily gain and signalling that demand has returned after the decline.

ADA price

One of the biggest developments supporting the recovery is increased whale activity.

Large holders have reportedly accumulated substantial amounts of ADA during the recent weakness, a trend that is often viewed as a sign of confidence from long-term investors.

The accumulation has fueled speculation that Cardano could attempt a move toward $0.20, a level that has emerged as an important psychological resistance.

Trading activity has also remained strong. Cardano recorded approximately $435 million in 24-hour trading volume, highlighting continued participation as the token recovered from recent lows.

Van Rossem hard fork marks a major milestone for Cardano

Beyond price action, Cardano has received a fundamental boost through the successful activation of the Van Rossem hard fork, which upgraded the blockchain to Protocol Version 11.

The upgrade introduces several technical improvements designed to enhance the network’s efficiency.

These include lower-cost and faster execution of Plutus smart contracts, updated cost models, additional built-in functions for developers, and stronger node security.

Perhaps more importantly, the upgrade represents a governance milestone for the blockchain.

It is the first Cardano hard fork approved entirely through the network’s on-chain governance system, with participation from Delegated Representatives (DReps), Stake Pool Operators (SPOs) and the Constitutional Committee.

The successful implementation reinforces Cardano’s transition toward community-led governance while providing developers with improved tools for decentralised finance, NFT applications and other blockchain-based services.

Hoskinson shifts focus to long-term network development

As ADA experienced heightened volatility, Charles Hoskinson, the founder of Cardano and chief executive of Input Output Global (IOG), urged investors to focus on the network’s long-term development rather than short-term price swings.

Hoskinson said Cardano should be measured by the strength of its technology and the continued decentralisation of its ecosystem.

He also explained that IOG intends to place greater emphasis on research and innovation while more organisations take responsibility for maintaining Cardano’s core infrastructure.

According to Hoskinson, development of Cardano’s Haskell-based node software is already being shared among multiple companies, reflecting the project’s broader push toward decentralised development.

These comments came as the network continued expanding its governance model following the Van Rossem upgrade, adding another layer to Cardano’s long-term roadmap.

Bridge exploit adds caution despite improving outlook

While Cardano has benefited from positive developments, the ecosystem also faced negative headlines after an exploit involving Wanchain’s Cardano bridge.

The incident resulted in the theft of approximately 515 million NIGHT tokens, valued at around $9 million. However, the exploit affected the bridge infrastructure rather than Cardano’s Layer 1 blockchain itself.

That distinction is important because cross-chain bridges operate independently from the underlying blockchain.

The incident therefore did not indicate a flaw in Cardano’s consensus mechanism or protocol, although it highlighted the security risks that continue to surround interoperability platforms across the cryptocurrency industry.

For investors, the exploit served as a reminder that infrastructure built around a blockchain can still introduce risks even when the core network remains unaffected.

Cardano price prediction

Cardano enters the coming sessions with improving momentum after recovering from its recent lows.

ADA’s move from $0.1615 to around $0.1747, combined with an 11% weekly gain, suggests buying interest has strengthened following the latest market correction.

At the same time, whale accumulation, the successful rollout of the Van Rossem hard fork and continued development under Input Output Global have provided supportive fundamental developments for the network.

Cardano price analysis

The next major level remains $0.1917, with the next higher level at $1.20. A sustained move above that price would represent the next significant technical milestone after ADA’s recent recovery.

Until then, traders are likely to watch whether buying volume remains strong enough to maintain the current rebound while the market continues to digest both the positive network upgrades and the recent bridge-related security incident.

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Shiba Inu tops $0.0000042 as exchange outflows and bullish derivatives boost sentiment

Key takeaways

  • Shiba Inu (SHIB) trades above $0.0000042 after breaking above a key descending trendline.
  • Five consecutive days of exchange outflows suggest investors are moving SHIB into private wallets, reducing selling pressure.
  • Derivatives data remains bullish, with positive funding rates and a long-to-short ratio favoring buyers.

Shiba Inu (SHIB) extended its recovery on Tuesday, trading above $0.0000042 after breaking above a long-standing descending trendline. Improving on-chain activity and strengthening derivatives data suggest bullish momentum is building, potentially setting the stage for further upside.

Exchange outflows point to reduced selling pressure

On-chain data from CryptoQuant indicates investors have been steadily moving SHIB off centralized exchanges, a trend often viewed as a positive signal for prices.

The platform’s exchange netflow data recorded five consecutive days of net outflows beginning on July 17, showing that more SHIB tokens are leaving exchanges than being deposited.

This pattern typically suggests investors are transferring tokens into private wallets for longer-term holding rather than preparing to sell, reducing immediate selling pressure in the market.

The continued decline in exchange balances could support SHIB’s ongoing recovery if buying demand remains steady.

Market positioning in the derivatives sector also points to improving confidence among traders.

According to CoinGlass, SHIB’s long-to-short ratio stood at 1.02 on Tuesday, indicating a slight preference for long positions over shorts and reflecting growing optimism that prices could continue moving higher.

Sentiment is further supported by funding rates. SHIB’s perpetual futures funding rate turned positive on July 17 and remained in bullish territory at 0.0103% on Tuesday. 

Positive funding rates indicate that traders holding long positions are paying those with short positions, a sign that bullish bets currently outweigh bearish ones.

The combination of positive funding rates and a favorable long-to-short ratio suggests traders are increasingly positioning for additional gains.

Shiba Inu price outlook: Bulls target higher resistance

From a technical perspective, SHIB has improved its near-term outlook after breaking above a descending trendline that had capped price action since mid-May.

The breakout places the meme coin in a stronger position to extend its recovery if buying momentum continues.

The next major resistance lies around $0.0000045. A decisive close above this level could pave the way for a move toward the 50-day Exponential Moving Average (EMA), which is also positioned near $0.0000045.

Momentum indicators have also turned more constructive. The Relative Strength Index (RSI) has climbed to 54 and is moving towards the 60 level, signaling that bearish momentum is fading. 

SHIB/USD 4H Chart

Meanwhile, the Moving Average Convergence Divergence (MACD) has produced a bullish crossover, with expanding green histogram bars reinforcing the improving technical outlook.

However, if the current recovery loses momentum and sellers regain control, SHIB could retreat toward its yearly low near $0.0000040, where buyers may attempt to defend the broader uptrend.

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