Prepared a new in-depth crypto market video update covering BTC, Ethereum, and key altcoins. Here’s a quick summary of the current landscape and what I’m tracking in the charts:
We’ll begin with Bitcoin. After the Fed’s decision, BTC showed a constructive shakeout and has been consolidating tightly around the same range for three weeks. I previously anticipated resistance near the 1.23 area and expected a sideways phase within the 1.15–1.13 support zone. That’s exactly what we’re seeing—shakeouts and quick recoveries. As long as we stay above 1.13 structurally, and especially above yesterday’s highs short-term, I expect BTC to push higher toward the 1.26–1.30 resistance zone.
Institutional buying during the post-Fed dip has been significant. Volume on Coinbase and Binance indicates strong participation, and Bitcoin treasuries have been accumulating. This bolsters confidence in the underlying trend structure.
I wrote in mid-July about BTC’s broader macro structure—this resistance region may trigger a prolonged consolidation, but ideally without breaking June lows. Short-term bias remains bullish.
Ethereum remains the strongest large-cap altcoin. It has respected the 8EMA on pullbacks and shows strength to target 4300–5100 in the coming weeks. It continues to lead risk-on sentiment.
XRP has been deep in consolidation, but we may be seeing a higher low forming. Any rally in BTC and ETH could lift XRP toward 3.30–4.60 levels, possibly even 5.00.
Solana showed strong action through late July, pulling back into mid-term support. As long as this structure holds, I expect upside toward 220–230 and potentially reclaiming ATH zones.
Hyperliquid has been a laggard but held its key macro support. If yesterday marked a bottom, I’ll be watching for higher lows and a move toward 55–60.
Other notable setups:
Brett: Both showing impulsive structures from April lows. Brett in particular looks poised for 74–77, potentially retesting May highs around 95.
ONDO: Recovering key zones and shaping a potential bottoming pattern.
SUI: Leading structure from July lows. After a likely wave-one completion, it could extend toward 5.15–7.70 before topping.
RENDER: Looks to have finished its correction. Potential long-term upside beyond May highs; the macro uptrend might already be underway.
SUPER: Since July breakout, forming a strong trend structure. If it holds the higher low, could reach 1.20–1.46 in coming weeks.
TON: Slow mover, but the macro pattern suggests a bottom with potential toward 4.60 short-term.
LINK: Hasn’t finished its move. Watching for 21–22 as a next target.
FET / Fetch.AI: Macro structure looks great. Watching for recovery from June lows with potential for strong continuation if structure holds.
Trump Coin: In a diagonal pattern post-failed impulsive breakout. If higher lows hold, watch for rally toward 13–14.
LTC: Linear and clean structure. Looks ready to push toward 130–145 before potential base-building.
UNI: Targeting 14–18+ in wave continuation if structure holds.
Let me know in the comments if there’s a specific coin you’d like me to go over. I’ll include it in future updates or make a quick standalone video.
Thanks for watching, and I wish you a successful trading week ahead. Let’s see how far this rally can go through the rest of the summer!
We’ll begin with Bitcoin. After the Fed’s decision, BTC showed a constructive shakeout and has been consolidating tightly around the same range for three weeks. I previously anticipated resistance near the 1.23 area and expected a sideways phase within the 1.15–1.13 support zone. That’s exactly what we’re seeing—shakeouts and quick recoveries. As long as we stay above 1.13 structurally, and especially above yesterday’s highs short-term, I expect BTC to push higher toward the 1.26–1.30 resistance zone.
Institutional buying during the post-Fed dip has been significant. Volume on Coinbase and Binance indicates strong participation, and Bitcoin treasuries have been accumulating. This bolsters confidence in the underlying trend structure.
I wrote in mid-July about BTC’s broader macro structure—this resistance region may trigger a prolonged consolidation, but ideally without breaking June lows. Short-term bias remains bullish.
Ethereum remains the strongest large-cap altcoin. It has respected the 8EMA on pullbacks and shows strength to target 4300–5100 in the coming weeks. It continues to lead risk-on sentiment.
XRP has been deep in consolidation, but we may be seeing a higher low forming. Any rally in BTC and ETH could lift XRP toward 3.30–4.60 levels, possibly even 5.00.
Solana showed strong action through late July, pulling back into mid-term support. As long as this structure holds, I expect upside toward 220–230 and potentially reclaiming ATH zones.
Hyperliquid has been a laggard but held its key macro support. If yesterday marked a bottom, I’ll be watching for higher lows and a move toward 55–60.
Other notable setups:
Brett: Both showing impulsive structures from April lows. Brett in particular looks poised for 74–77, potentially retesting May highs around 95.
ONDO: Recovering key zones and shaping a potential bottoming pattern.
SUI: Leading structure from July lows. After a likely wave-one completion, it could extend toward 5.15–7.70 before topping.
RENDER: Looks to have finished its correction. Potential long-term upside beyond May highs; the macro uptrend might already be underway.
SUPER: Since July breakout, forming a strong trend structure. If it holds the higher low, could reach 1.20–1.46 in coming weeks.
TON: Slow mover, but the macro pattern suggests a bottom with potential toward 4.60 short-term.
LINK: Hasn’t finished its move. Watching for 21–22 as a next target.
FET / Fetch.AI: Macro structure looks great. Watching for recovery from June lows with potential for strong continuation if structure holds.
Trump Coin: In a diagonal pattern post-failed impulsive breakout. If higher lows hold, watch for rally toward 13–14.
LTC: Linear and clean structure. Looks ready to push toward 130–145 before potential base-building.
UNI: Targeting 14–18+ in wave continuation if structure holds.
Let me know in the comments if there’s a specific coin you’d like me to go over. I’ll include it in future updates or make a quick standalone video.
Thanks for watching, and I wish you a successful trading week ahead. Let’s see how far this rally can go through the rest of the summer!
Daily insights, trend analysis, set-ups and commentary on Crypto and U.S. equities
t.me/MarketArtistryENG
Личные размышления, комментарии о глобальных финансовых рынках и торговые идеи: t.me/marketartistry
t.me/MarketArtistryENG
Личные размышления, комментарии о глобальных финансовых рынках и торговые идеи: t.me/marketartistry
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Daily insights, trend analysis, set-ups and commentary on Crypto and U.S. equities
t.me/MarketArtistryENG
Личные размышления, комментарии о глобальных финансовых рынках и торговые идеи: t.me/marketartistry
t.me/MarketArtistryENG
Личные размышления, комментарии о глобальных финансовых рынках и торговые идеи: t.me/marketartistry
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.