**Bits Summary 17/07: ADA with projection to US$ 5, SOL targets US$ 121 and ETH at risk of a drop 📊**
3 different narratives in the market today:
🔍 **1. CARDANO ADA: Whales buy while the price falls** **Price**: Below **$0.20** **Optimists**: - **The Boss**: Strong reversals begin when "nobody is paying attention" - **CryptoJack**: Inverted Inverse Head-and-Shoulders pattern formed = historic bullish signal - **Celal Kucuker**: Parabolic projection for a new ATH of **US$ 5** **On-chain**: Whales holding 100k-100M ADA increased to **25.6M coins**. Retail <100 ADA sold.
**Pessimist**: **Alexander Legolas** sees BTC at $48k dragging ADA to **$0.10**
🔍 **2. SOLANA SOL: Technical buy signals** **Price**: ~ **$75** **Bullish**: - **Ali Martinez**: First SuperTrend buy signal since 10/Oct. Targets: **$96 → $121** - **Michael van de Poppe**: If it holds above **$73** it could have a decisive recovery - High FUD = good sign. Weak investors already left.
🔍 **3. ETHEREUM ETH: Biggest drop in history?** **Price**: ~ **$1,830** after failing at $2,000 **Bearish**: **Crypto Rover** warns ETH may repeat cycles of "devastating sell-offs". "The worst may still be to come" **Bullish**: **Ash Crypto** compares it to Russell 2000. Whenever R2000 makes an ATH, ETH makes a parabolic move in 12-18 months. Same setup now.
💡 **Conclusion** Market is split: ADA and SOL show bottom signals and accumulation. ETH has a downside warning, but also a long-term setup. Those who buy in today’s fear could benefit in 6-12 months.
⚠️ **Risk**: If BTC drops to $48k as Legolas said, all of them fall together.
🔑 **Confidence**: 🔶 MEDIUM — Technicians point to a bottom, but it depends on BTC.
**CoinGecko Q2 Report: Market down 12.6% but 2 sectors hit record highs 📊**
The crypto market lost **US$ 304,8 billion** in Q2 2026. Total capitalization fell to **$2,1T**, the lowest level since Sep/2024.
But not everything was a drop 👇
🔍 **Why did the market fall?** 1. **Fed Hawkish**: High-rate speech pressured risk 2. **US x Iran tension**: Global risk aversion 3. **Strategy sale**: Institutional BTC sell-off 4. **BTC -14,2% | ETH -25,4%** in the quarter
Volume also fell: Spot -27,9% on CEX and Futures -10%.
📈 **The 2 sectors that GREW in Q2**
**1. Prediction Markets: +48,7%** Quarter volume: **US$ 113,8 billion** June hit a record: **US$ 52,8B** Reason: FIFA World Cup, NBA Finals, Wimbledon **Leaders**: Kalshi 58,9% market share | Polymarket 2nd | Rothera/Robinhood 4th with $2,1B
**2. Tokenized Collectibles: +143%** Quarter volume: **US$ 1,4 billion** June: **US$ 646M** **Highlight**: Collector Crypt went from $97M/month in Jan to $406M in Jun. 62,8% of the sector. OpenSea: $32,7M in sales
💡 **What does this mean?** Capital didn’t leave crypto. It rotated into sectors with real use and a strong narrative. While BTC/ETH corrected, investors looked for: 1. **Utility**: Betting on real-world events 2. **Culture**: Collectibles and tokenized brands
🎯 **For next quarter** If the macro improves, this money could flow back into alts. If it stays bad, predictions + NFTs may keep stealing the spotlight.
🔑 **Conclusion**: A down market ≠ No interest. The game shifted to specific sectors.
#CoinGecko #Crypto #Bitcoin #Ethereum #NFT #PredictionMarkets #BinanceSquare *⚠️ Not financial advice. Q2 2026 data from CoinGecko*
**Can Solana recover US$ 80? The next move depends on THIS level 👀*
The **SOL** is at **$74.80** after falling **-6%** from this week’s high at $79. It tested a crucial support and now decides the direction.
🔍 **What’s happening** 1. **Support holding**: SOL is retesting the **MM50** at $74. This support held during July’s drops. 2. **Bullish trigger**: Morgan Stanley has enabled spot trading for **SOL on E*TRADE**. It’s the first major bank offering SOL alongside BTC and ETH. 3. **SOL ETF**: Positive net flow of **US$ 1.66M** on Thursday. The first in the week.
📊 **Market data** | Metric | Value | Reading | | --- | --- | --- | | Current price | $ 74.80 | -6% this week | | Key support | $ 74.00 | Daily MM50 | | SOL ETF flow | +$1.66M | Broke a negative streak | | Accumulation | Strong | Last 30 days |
Spot accumulation in SOL is strong in July. But it depends on the macro.
📈 **Technical Analysis** $SOL
If the MM50 at $74 holds like it did in the last times, the next target is **$80 → $84 → $88**. That implies upside potential of **+8% to +18%**.
But if it loses $74 decisively, it leaves room for a drop to **$70**.
💡 **Rationale** 2 catalysts on the radar: Morgan Stanley E*TRADE + an ETF with positive flow. If buyers defend $74, SOL could try to move back toward $80. Risk: a worsening macro/geopolitics could drag it down along with BTC.
⚠️ **Invalidation** A daily close below $74 cancels the bullish scenario and targets $70.
🔑 **Confidence**: 🔶 MEDIUM — Good catalysts, but the market depends on BTC.
#SOL #Solana #ETF #MorganStanley #TechnicalAnalysis #BinanceSquare *⚠️ Not financial advice.*
The good side: It was due to governance, not some whale selling in secret. The bad side: The destination is an exchange = risk of selling pressure on the price.
Until the official reason for the proposal comes out, the market should remain cautious. Volume and BONK price over the next few days will tell the whole story.
#BONK #Solana
Nchcampos
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**Treasury of $BONK
$1000BONK
moves US$ 21.2M and sends 1.186 trillion tokens to Binance 🚨**
The BONK Treasury address approved, via a governance proposal, the transfer of approximately **US$ 21.2 million** in assets.
The biggest highlight: **1.186 trillion BONK** were sent to **Binance**.
🔍 **Key points:** 1. **Through Governance**: Different from a whale sale. It went through an on-chain vote, so it has “community oversight.” 2. **Destination = Exchange**: Going to Binance raises alerts for a possible sell, conversion, or custody. This is where the market watches closely. 3. **Unspecified reason**: The full text of the proposal was not disclosed. It’s not possible to confirm whether it’s for liquidity, partnerships, or a sale.
**Market impact:** Treasury transfers to exchanges usually generate short-term FUD due to fears of selling pressure. But since it was done via governance, it could just be a cash/OTC movement.
Keep an eye on the BONK order book over the next 24 hours.
#BONK #Solana #Governance #CryptoNews #BinanceSquare *⚠️ Not financial advice.*
**Treasury of $BONK $1000BONK moves US$ 21.2M and sends 1.186 trillion tokens to Binance 🚨**
The BONK Treasury address approved, via a governance proposal, the transfer of approximately **US$ 21.2 million** in assets.
The biggest highlight: **1.186 trillion BONK** were sent to **Binance**.
🔍 **Key points:** 1. **Through Governance**: Different from a whale sale. It went through an on-chain vote, so it has “community oversight.” 2. **Destination = Exchange**: Going to Binance raises alerts for a possible sell, conversion, or custody. This is where the market watches closely. 3. **Unspecified reason**: The full text of the proposal was not disclosed. It’s not possible to confirm whether it’s for liquidity, partnerships, or a sale.
**Market impact:** Treasury transfers to exchanges usually generate short-term FUD due to fears of selling pressure. But since it was done via governance, it could just be a cash/OTC movement.
Keep an eye on the BONK order book over the next 24 hours.
#BONK #Solana #Governance #CryptoNews #BinanceSquare *⚠️ Not financial advice.*
💡 **Rationale** The pattern is bullish, but price is below the MAs and RSI is weak in the short term. Only confirm the rise with a close above $0.00480 and volume.
⚠️ **Risk** A close below $0.00430 invalidates the setup and could push toward $0.00400.
🔑 **Confidence**: 🔶 LOW/MEDIUM
#VET #VeChain #TechnicalAnalysis #Crypto #BinanceSquare *⚠️ Not financial advice.*
$SOL 🚨 SOLANA REGISTERS $900 MILLION IN NET INFLOWS
Solana reached a new institutional milestone in July 2026. A record number of users and capital flowing into real-world assets.
📰 News Highlights 🚨 Net Flow: $900 Million in 30 Days 👥 Active RWA Users: 300,000+ — All-time High 💡 Total Tokenized: $1 Billion+ on the Solana Network 🏦 Adoption: WisdomTree integrated tokenized funds on SOL
🔍 Why Institutions Chose Solana? 1. Extremely low fees 2. Nearly instant settlement 3. High capacity for large volumes 4. Infrastructure ideal for tokenization at scale
📊 Ecosystem Data 📍 Byreal DEX: $3.7 Billion in volume in the 1st year 📍 25.3 Million transactions processed 📍 RWA Peak: $3.4 Billion in 2026 📍 Backpack, Tether Gold, and xStocksFi are already operating on the network
🎯 What Does This Mean? Solana is consolidating as the leading network for tokenizing real-world assets. Global asset managers are migrating money-market funds and equities to the blockchain.
The institutional narrative is only just beginning.
💡 Stay Tuned Institutional capital inflows tend to bring more stability and liquidity to the ecosystem in the medium and long term.
And you—do you think Solana will be the leader in RWA? 👇
Source: COINTURK NEWS | rwa.xyz
This is not financial advice. Do your own research.
💡 Rationale 1. Broke out and held above all MAs 2. Volume of $16M confirms strength 3. Uptrend synchronized across all TFs 4. The nearest target is to retest $0.4291
⚠️ Risks 1. Rejection at $0.3982 could lead to $0.36 2. RSI 1h already at 65 = possible breather
💡 Rationale 1. Daily RSI suggests correction risk 2. Immediate resistance at $0.33 may reject 3. Entry at $0.31 reduces exposure 4. Short targets prioritize quick realization
⚠️ Invalidation Closing below $0.29 invalidates the scenario Failure to hold $0.31 can accelerate the drop to $0.27 Decreasing volume during an upswing = loss of strength
🔑 Confidence: 🔶 MODERATE Defensive scenario: smaller gain, lower risk.
💡 Rationale 1. Breakout + successful retest at $511.73 2. Bull trend synchronized across all TFs 3. RSI 60 = room to rise without being stretched 4. Volume confirms the price’s legitimacy
💡 Rationale 1. Volume confirmed the upswing = short-term interest 2. MACD + RSI show relief from selling pressure 3. BUT: The medium/long-term trend is still down Likely: Consolidation or a move contrary to the trend
⚠️ Risks 1. No resistance = profit is speculative 2. Losing $0.03573 invalidates the setup and price falls hard again 3. Confidence: ❌ LOW
Only for aggressive trades. Risk management is mandatory.
💡 Rationale 1. SOL is the strongest among BTC/ETH/SOL 2. It broke resistance and returns to test it as support 3. All short timeframes are in an uptrend 4. Price is stretched at $78. Better to wait for a pullback
⚠️ Invalidation Daily close below $71.80 = structure breaks Target: $66-68. Sell only as a counter-trend at $86-88.
🔑 Confidence: 🟢 HIGH Relative strength leader. Clean continuation setup. Wait for the buy zone—don’t chase.