BTC rose sharply over the weekend, breaking through the key resistance level of $65,000. BTC experienced a small correction during the period. However, spot BTC ETFs continued to flow in, indicating that although the market was cautious, it did not turn bearish.

BTC’s recovery could put it on the path to $70,000 and new all-time highs, as the price has been trending upward since closing above the 200-day moving average on July 14.

BTC disk:

Looking at the BTC price chart, we can see a V-shaped recovery. BTC has been on a strong uptrend after hitting a low of $53,591 on July 5, up just over 26%. BTC tried to break through $65,000 on Wednesday but faced considerable selling pressure. As a result, BTC fell 1.49% to $64,156 after reaching a daily high of $66,135. On Thursday, volatility rose noticeably as buyers and sellers tried to establish control. BTC eventually fell slightly and closed at $64,027.

With strong support at $64,000, BTC rebounded on Friday as buyers entered the market, pushing it above the $65,000 resistance level, up 4.10% to close at $66,652. BTC continued its bullish run over the weekend, rising 0.65% on Saturday and 0.84% ​​on Sunday to $67,654. However, BTC also overcame significant selling pressure on Sunday as sellers attempted to push BTC back below $65,000. As a result, BTC fell to a daily low of $65,730, managing to stay above $65,000. BTC is down slightly on the current trading day, and sellers have pushed the price down from $68,000. We can see an increase in selling pressure on the current trading day, with sellers trying to push the price below $65,000 again. However, if BTC can hold above $65,000, we may see a retest of the $68,000 resistance zone and a push towards $70,000.

However, the RSI is close to the overbought territory, suggesting a correction in the near term.

ETH disk:

ETH rebounded strongly over the weekend, climbing above $3,500 ahead of the launch of the Ethereum ETF. While bulls attempt to extend the rally, ETH is facing significant selling pressure as seen on the chart. While ETH may be in the red during the current trading session, it has seen impressive growth over the past week. At the beginning of last week, it surged 7.37% to $3,486. However, as sellers were active at this level, ETH fell to $3,389 by Wednesday.

On Thursday, ETH made a strong move up, breaking through $3,500 and hitting a daily high of $3,490, but sellers managed to push the price down to $3,426, up 1.09%. On Friday, ETH saw strong demand, breaking through the 50-day moving average and $3,500, closing at $3,501. Over the weekend, the price maintained its upward momentum, although the market showed that ETH was facing huge selling pressure. On Sunday, sellers pushed ETH to a daily low of $3,413, but the price recovered and rose back above the 50-day moving average, eventually closing at $3,537.

ETH is down 1.75% in the current trading session as sellers look to push ETH below $3,500 again. The market predicts that ETH prices could fall if the initial hype of the spot ETH ETF fades. So far, ETH has been holding above the 50-day moving average. If buyers continue to hold above this level and reclaim $3,500, it could push ETH to $3,700. Bears are expected to defend this level, but if the bulls win, a move to $4,000 cannot be ruled out. However, if sellers are able to push ETH below the 50-day moving average, we could see ETH drop to $3,300, where the 20-day moving average could act as support. With Cboe confirming that the spot Ethereum ETF will begin trading on July 23, we can expect ETH prices to surge.

SOL disk:

SOL has seen a significant resurgence over the past few weeks. SOL has surged nearly 17% over the past seven days as buyers target the $200 level. The price has staged a significant recovery since Wednesday’s 3.23% drop, with bears unable to push the price below $150. SOL surged 2.35% higher to $160 on Thursday. However, despite the bullish sentiment, SOL failed to do so, closing at $159.25. A 6.30% gain on Friday took SOL above $160 to close at $169.29, putting bulls firmly in control.

As a result, SOL surged sharply towards $180 over the weekend. On Saturday, SOL surged 2.62% and broke the $170 resistance level to close at $173.73. Sellers tried to push SOL back below $170 but the price rebounded after hitting a daily low of $170.93, surging 6.20% and broke above $180 to close at $184. As sellers were active at this level, SOL declined in the current trading session, down 3.35% and trading below the $180 mark. With the 20-day EMA sloping up, this suggests that bulls have the upper hand. However, the RSI suggests that we might see a decline in the short term.

If SOL can withstand the bearish pressure and hold above $170, we might see a rally and push towards $200. However, if the bears can sink SOL below $170, we might see a drop to the $160 support level.

DOT disk:

DOT has yet to take advantage of the bull run in the market and its price action has been rather lackluster compared to other major altcoins. It has been struggling to break above the $6.50 level, failing to break through this resistance on multiple occasions. There has been considerable volatility over the last week and while DOT has recovered somewhat, it has once again seen losses in the current session. DOT had a very positive weekend and rose to $6.49 last Monday. However, due to significant bearish pressure, it was unable to move higher and fell to $6.90 by Thursday. Fortunately, DOT found strong support at $6 and, as a result, it bounced back strongly on Friday, breaking above the 20-day and 50-day SMAs and stabilizing at $6.35.

Over the weekend, DOT once again attempted to break above $6.50 and rose to $6.44 despite considerable selling pressure. However, buyers were unable to sustain the momentum and DOT fell again in the current trading session. Currently, DOT is down nearly 3% and is trading at $6.26. If the current bearish sentiment persists, DOT could fall back to the $6 support level, after which it could recover. A break below this level could see the price drop to $5.

DOGE disk:

DOGE rallied sharply in July as buyers attempted to push the meme coin above $0.140. DOGE saw a minor correction over the past week, falling to $0.119 on Thursday. However, the bears could not push DOGE below its 20-day EMA and the price rebounded on Friday, gaining 5.46% to close at $0.125. DOGE also maintained its bullish momentum over the weekend, breaking above its 50-day and 200-day MAs on Saturday to close at $0.133. However, DOGE faced significant selling pressure on Sunday as sellers attempted to take control of the market. Despite this, DOGE gained 5.09% and climbed above $0.140.

In the current trading session, DOGE is down 1.78% as sellers hold onto the $0.140 level. If sellers continue to control the trading session, DOGE could drop to $0.130. Below this level, a drop towards the 20-day EMA is possible. However, if the price recovers, we might see another drop to $0.140. Buyers will have to reclaim and consolidate above this level if they want the price to move towards $0.150.

Uni disk:

UNI had a mixed week last week, opening higher before falling sharply, erasing earlier gains. UNI closed at $8.60 last Monday but failed to rise further, falling into the red on Tuesday. By Thursday, sellers had pushed UNI below $8 to $7.83, before a 1.99% gain on Friday took the price to $7.99. UNI experienced significant volatility on Saturday but was able to break above $8 on Sunday despite considerable selling pressure. Shorts dropped UNI to a daily low of $7.64 before buyers pushed it back above $8 to $8.12. However, UNI is once again in the red in the current session as sellers look to push it back below $8.

If sellers continue to dominate trading, UNI could drop to $7.50, which is a strong support level.

ADA disk:

ADA encountered strong resistance at the $0.45 level, which stopped the altcoin’s impressive rally. Due to this resistance, bears took over the previous week, pushing ADA down to $0.42 by Thursday. However, ADA rebounded from this level on Friday, indicating strong demand around $0.40. As a result, ADA rose 3.78% to $0.43 on Friday. There was a slight decline on Saturday, but ADA recovered again on Sunday, and despite the heavy selling pressure, the price fell to a daily low of $0.41. However, demand once again picked up at lower levels, allowing ADA to rise 2.29% to close at $0.44.

In the current trading session, ADA has once again fallen due to the strong resistance at $0.45. ADA is currently down 2.46% and is trading at $0.43. If the sellers continue to control the trading session, ADA could drop to $0.40. The bulls will try to break above $0.45. A break above this level could lead the price to $0.50.

WIF disk:

WIF has been extremely bullish since hitting a low of $1.49 on July 11. Over the past seven days, MEME coin has gained a staggering 49% with bulls targeting the $3 resistance level. Undoubtedly, WIF was one of the top gainers last week and the trend is likely to have continued in the last week. After a brief slowdown in the middle of last week, WIF broke above the 50-day moving average and key resistance level on Thursday to close at $2.43. Sellers attempted to regain control on Friday, pushing WIF to a low of $2.31. However, buyers were able to push the price higher and the MEME coin gained 4.40% to close at $2.54.

Bulls remained in control over the weekend, with WIF rising 3.68% on Saturday to close at $2.63. On Sunday, WIF once again came under selling pressure as sellers pushed the price down to a low of $2.40. However, buyers once again supported the price. WIF eventually rose 6.89% to close at $2.82. The current session has sellers back in control, once again attempting to push WIF below $2.50. However, buyers will defend this level and look to consolidate above it as they target the key $3 level.