Crypto market review: Bitcoin, ETH, and Altcoins Setting Up for 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!
