Shvan Mirani
7 Posts
Shvan Mirani
ID 568852796
Open Trade
High-Frequency Trader
3.4 Years
17 Following
82 Followers
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Portfolio
💡 Driving Factors for July (Market Fundamentals)
1. Whale Behavior and Staking: Despite the price decline, network data (on-chain) suggests investors are still moving toward locking their assets in Staking, which reduces the supply available for short-term selling and creates a “breath-holding” situation in the market.
2. ETF Fund Flows: Markets monitor with caution the size of inflows and outflows into and out of investment Ethereum ETFs, where institutional players play a key role in limiting downside or driving upside.
3. Anticipation of Technical Updates: Attention is turning to Ethereum’s technical roadmap (such as addressing Layer 2 L2 fees and increasing network speed), which is the core driver behind long-term optimistic expectations.
#ETH #EarnFreeCrypto2024
1. Whale Behavior and Staking: Despite the price decline, network data (on-chain) suggests investors are still moving toward locking their assets in Staking, which reduces the supply available for short-term selling and creates a “breath-holding” situation in the market.
2. ETF Fund Flows: Markets monitor with caution the size of inflows and outflows into and out of investment Ethereum ETFs, where institutional players play a key role in limiting downside or driving upside.
3. Anticipation of Technical Updates: Attention is turning to Ethereum’s technical roadmap (such as addressing Layer 2 L2 fees and increasing network speed), which is the core driver behind long-term optimistic expectations.
#ETH #EarnFreeCrypto2024
Here is a comprehensive analysis of the Ethereum (ETH) coin’s price movement for July 2026, based on current technical indicators and market data:
📊 Current Market Situation (Overview)
Ethereum begins July trading at levels close to $1,570, reflecting ongoing selling pressure after the coin recorded a notable decline during the first half of this year (dropping from its highest levels to approach the $1,500 barrier).
📉 Technical Analysis: Support and Resistance
Critical Support Levels ($1,500): The $1,500 level is currently the most important line of defense. A breakdown below this level could open the door to further declines toward the $1,300 areas.
Resistance Levels ($1,630 - $2,000): The price faces nearby resistance at $1,630. To confirm any truly positive rebound, Ethereum needs to break above the $2,000 barrier and hold above it.
Technical Indicators (RSI & MAs):
The Relative Strength Index (RSI) is moving in a neutral zone leaning toward oversold, meaning downward pressure is strong, but there is a chance of a sudden rebound (Short Squeeze) if whales start buying.
The 200-day moving average (200 DMA) is sloping downward, indicating that the overall trend in the medium term is still bearish and weak.
(To be continued in the next post)
#ETHETFsApproved #Binance #ETH
📊 Current Market Situation (Overview)
Ethereum begins July trading at levels close to $1,570, reflecting ongoing selling pressure after the coin recorded a notable decline during the first half of this year (dropping from its highest levels to approach the $1,500 barrier).
📉 Technical Analysis: Support and Resistance
Critical Support Levels ($1,500): The $1,500 level is currently the most important line of defense. A breakdown below this level could open the door to further declines toward the $1,300 areas.
Resistance Levels ($1,630 - $2,000): The price faces nearby resistance at $1,630. To confirm any truly positive rebound, Ethereum needs to break above the $2,000 barrier and hold above it.
Technical Indicators (RSI & MAs):
The Relative Strength Index (RSI) is moving in a neutral zone leaning toward oversold, meaning downward pressure is strong, but there is a chance of a sudden rebound (Short Squeeze) if whales start buying.
The 200-day moving average (200 DMA) is sloping downward, indicating that the overall trend in the medium term is still bearish and weak.
(To be continued in the next post)
#ETHETFsApproved #Binance #ETH
2. The Main Reasons Behind the Recent Drop
ETF fund bleed: In June, outflows of more than $4 billion were reported from Bitcoin ETFs in the US, reflecting a decline in the appetite of major institutional investors at this time.
Monetary policy (the Federal Reserve): Ongoing expectations of keeping interest rates high for longer, along with inflationary pressures, cast a shadow over high-risk assets.
Geopolitical concerns: The prevailing uncertainty in international political files pushes investors to hedge and temporarily move away from the crypto market.
3. Technical Outlook and Expectations for This Month
The bearish scenario (most likely right now): Technical indicators on the medium timeframes are turning negative after breaking key supports. If price fails to hold above $58,000, we may see continued downward movement to liquidate futures contracts and test psychological support areas around $50,000.
The rebound scenario: If buyers manage to absorb selling at current levels and return above $60,000, the rebound could extend to fill previous price gaps (CME Gaps) and target areas of 64,000$ and then 66,000$ as trading objectives. #BTC走势分析 #BTC
ETF fund bleed: In June, outflows of more than $4 billion were reported from Bitcoin ETFs in the US, reflecting a decline in the appetite of major institutional investors at this time.
Monetary policy (the Federal Reserve): Ongoing expectations of keeping interest rates high for longer, along with inflationary pressures, cast a shadow over high-risk assets.
Geopolitical concerns: The prevailing uncertainty in international political files pushes investors to hedge and temporarily move away from the crypto market.
3. Technical Outlook and Expectations for This Month
The bearish scenario (most likely right now): Technical indicators on the medium timeframes are turning negative after breaking key supports. If price fails to hold above $58,000, we may see continued downward movement to liquidate futures contracts and test psychological support areas around $50,000.
The rebound scenario: If buyers manage to absorb selling at current levels and return above $60,000, the rebound could extend to fill previous price gaps (CME Gaps) and target areas of 64,000$ and then 66,000$ as trading objectives. #BTC走势分析 #BTC
As the beginning of July 2026 approaches, the Bitcoin (BTC) market is going through a strong correction phase with clear selling pressure, as the coin has fallen to its lowest levels in 21 months.
Here is an analysis of Bitcoin’s movement for this month based on the current technical and fundamental data:
1. Current price situation and key levels
Current price: Bitcoin is currently fluctuating around 58,500$ to 59,000$, after recording a low of 57,800$ this day.
Key support level: The level 58,000$ is considered the current battlefield between bulls and bears. Breaking this level and holding below it may open the door for further downside toward the 50,000$ -49,000$ zones.
Resistance level: The coin first needs to break through the 60,000$ barrier and regain momentum above it before talking about any truly positive rebound.
(continued in the next post)
#BTC走势分析 #BTC
Here is an analysis of Bitcoin’s movement for this month based on the current technical and fundamental data:
1. Current price situation and key levels
Current price: Bitcoin is currently fluctuating around 58,500$ to 59,000$, after recording a low of 57,800$ this day.
Key support level: The level 58,000$ is considered the current battlefield between bulls and bears. Breaking this level and holding below it may open the door for further downside toward the 50,000$ -49,000$ zones.
Resistance level: The coin first needs to break through the 60,000$ barrier and regain momentum above it before talking about any truly positive rebound.
(continued in the next post)
#BTC走势分析 #BTC
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