Bitcoin is steadily grinding higher and has now reached a key decision zone around 65k.
The last time price traded at this level, it was rejected and moved lower. I'm leaning toward a similar outcome unless $BTC can break and hold above the 65.2k–65.6k range.
A confirmed breakout above that resistance would invalidate the current bearish outlook, shift market structure to bullish, and likely trigger a wave of short liquidations. If that happens, BTC could rally toward the 67k–68k area over the coming days.
For now, I'm maintaining my short positions with clearly defined stop-loss levels above resistance. If price is rejected from this zone again, I expect increased volatility and a move toward 61.3k.
The long from the 77.7K range-low got filled and delivered a solid reaction. If you took the trade too, I’d suggest taking some profit and moving the rest to BE.
As discussed, the goal is to let the long run while looking for a potential hedge-short around the 79.7K range-high.
BTC remains inside the same local range against HTF resistance, so I’m scalping and hedging both sides while keeping profit-taking conservative.
A sweep into the 79.7K region would be ideal. It’s not an exact level, but rather an area I’m watching.
If we sweep the grinding highs, I’ll be looking for short triggers.
The good part is that we’re already positioned from the range-low, so even if the hedge-short gets stopped, the running long can still keep us profitable.
That’s how I prefer trading a tight range against HTF levels: position on both sides and stay prepared to benefit from either breakout.
The $XRP Ledger is taking another step toward becoming a more complete DeFi ecosystem, with native lending and privacy features reportedly in development, according to the XRPL Foundation and dUNL validator Vet.
These upgrades could enable users to access more financial services directly through XRPL, reducing dependence on external protocols.
A proposed privacy system could conceal balances and transaction amounts while still allowing issuers and regulators to maintain necessary visibility.
New lending tools may also let users deposit assets into vaults and generate yield.
Meanwhile, institutional lending pools backed by RLUSD are being developed with Clearpool and Cicada Partners.
Together, these developments could bring broader financial functionality to both retail and institutional users directly on XRPL.
JPMorgan maintains its Overweight rating on SpaceX $SPCX with a $240 price target, citing growing optimism around Grok. Analyst Doug Anmuth says the completion of the Cursor acquisition is a key step in expanding SpaceX’s enterprise AI capabilities.
JPMorgan has already observed Cursor data improving Grok’s supplemental training, contributing to tangible gains in recent model performance. The firm believes Grok 4.6’s combination of frontier-level intelligence and lower costs versus competitors could accelerate adoption, particularly among enterprises, making AI monetization an increasingly important SpaceX growth driver.
Meanwhile, nearly 370M SpaceX shares are expected to unlock on September 9–10, potentially increasing the public float by roughly 20%.
$BTC is now just $2,200 away from confirming its first major higher high, and a breakout could significantly reshape the current market structure.
If Bitcoin clears this key resistance and confirms the structural shift, the odds of seeing it trade below $60,000 again could fall sharply. That level may evolve from temporary support into a major macro floor for the cycle.
Bears are losing momentum, and one strong wave of volume could ignite the next major leg higher. Those waiting for deeper dips may soon find themselves chasing the market.
We could be approaching a major momentum shift. Stay prepared.
Raymond James has raised its price target for Nvidia $NVDA to $352 from $330, while maintaining a Strong Buy rating.
The firm highlights Nvidia’s growing CPU business, which is expected to increase from roughly 3% of total revenue today to around 5% by 2028. While still a single-digit portion of Nvidia’s sales, the CPU segment is projected to become the company’s fastest-growing business, adding another major growth driver to the AI giant’s long-term outlook.
Historically, a higher high above the previous 3-month candle has often confirmed a major reversal. These reversal moves can be explosive, frequently producing 70%+ gains and catching the market off guard.
We’ve also seen another strong reaction from the HTF support band that has historically marked major bear-market bottoms.
That’s why I pushed back on the lower targets. Not because they were impossible, but because losing that macro support would have changed the entire picture.
Instead, the support zone provided a clear area to take calculated macro risk with strong R:R.
And once again, it delivered a powerful reaction.
Now, we’re just one step away from the confirmation I’ve been waiting for.
After the massive upside move that squeezed a large number of shorts, BTC is now forming a range.
On the downside, there’s plenty of liquidity to target, especially from late longs who entered during the pump.
However, before we see that downside move, I think there’s a strong possibility BTC sweeps the highs once again.
We’re already seeing shorts build up within this range, with many likely placing their SLs above the current high around $79.5K or near the poor high at $78.8K.
So overall, $BTC could still push higher, take out those short positions, and then reverse lower to hunt the liquidity sitting beneath the range.
The two major zones I’m watching for a potential retracement are:
• $70K–$71K — Imbalance / Single Prints • $66K–$68K — Perfect retest zone / Major support
If you saw my previous post, I also shared my alpha on the timing and how I believe this setup could play out.
$BTC is holding firm above the $77K zone despite short-term selling pressure.
Bitcoin is currently trading around $77,025, with a 24H range of $76,510–$78,831. The key question now is whether bulls can reclaim higher levels or if BTC enters another consolidation phase.
Key levels to watch:
• $76,500 → critical short-term support • $78,800–$79,000 → immediate resistance • A breakout above $79K could fuel fresh bullish momentum • Losing $76.5K could open the door to a deeper pullback
Volume remains healthy, but bulls need stronger follow-through to push BTC into the next breakout zone.
The next move could determine the short-term trend.
Price is hovering around $77K after a sharp breakout, with $79.5K standing as the key resistance from the 24H high.
A clean break and hold above $79.5K could open the door to $80K quickly.
That said, after such a strong move, a pullback toward $75K–$76K wouldn’t be surprising. The key question is whether buyers can defend the breakout zone.
Momentum remains bullish, but chasing the pump comes with risk.
$BTC pushing back above $68K wasn’t driven by crypto alone.
The Treasury doubling long-duration bond buybacks helped revive risk appetite across markets, and that move was enough to wipe out more than $1.4B in BTC shorts.
But the flow data is what really stands out.
Spot $BTC ETFs have already seen roughly $951M in net inflows this August, including $189M in a single session this week. ETH ETFs added another $70M+. That looks more like institutional allocation than retail FOMO.
Still, the picture isn’t entirely bullish.
VanEck’s capitulation model currently has 8 of 12 indicators triggered, a setup that has historically been followed by weaker 3–6 month periods.
DeFi also quietly suffered a $13B drawdown in April, largely from yield strategies breaking under pressure rather than outright exploits.
$ETH may show its next major move more clearly against $BTC than against the dollar.
ETH/BTC has remained in a multiyear downtrend, so a simple bounce isn’t enough to confirm a genuine reversal.
A decisive breakout followed by higher lows, higher highs, and rising volume would signal real capital rotation rather than temporary ETH outperformance.
That matters because ETH has often acted as a bridge between Bitcoin dominance and broader altcoin risk.
If ETH/BTC reverses while liquidity and onchain activity strengthen, the setup becomes far more compelling.