Forex Trading Tools and Services

Bitcoin Crypto

Bitcoin Weekly Forecast: BTC Sinks Below $110K Following $1.8 Billion Liquidations

Bitcoin continued to fall this week, dipping more than 10% below its August high of $124,474 and below $110,000 on the back of $1.8 billion in market-wide liquidations, the majority of which were from long positions. Even in light of dovish remarks by Fed Chair Powell and consistent institutional inflows into spot Bitcoin ETFs, market sentiment remains weak as spot demand offsets and futures remain bearish-leaning. Corporate demand, such as new BTC buys from treasury companies, gives some respite, but technicals indicate fading momentum, prompting traders to be wary before September’s critical macroeconomic releases and the Federal Reserve’s policy announcement. KEY LOOKOUTS • BTC below $110,000 with major supports at $108,600 and $104,400; a close below may initiate greater losses. • Spot Bitcoin ETFs have seen more than $567 million inflows this week, a bullish sign that can aid recovery if maintained. • Coming US core PCE inflation data and the Fed meeting in September have the potential to trigger volatility and dictate BTC’s direction. • Neutral spot demand vs. bearish perpetual futures indicate risk-averse trader attitudes and latent short-term downward risk. Bitcoin struggled to maintain ground this week, falling to below $110,000 after a sharp correction of over 10% from its record mid-August high. The sell-off prompted more than $1.8 billion in liquidations, the lion’s share being from long positions, highlighting excessively bullish market leverage. Although dovish comments by Fed Chair Powell and fresh institutional inflows into Bitcoin ETFs provided some relief, spot demand has switched to a neutral bias and sentiment in futures is weak. As technical indicators signal diminishing momentum, the near-term fate of BTC relies on critical macroeconomic data and if buyers intervene to support critical support levels. Bitcoin is still in the bearish trap after it had fallen more than 10% from its all-time high, declining below $110,000 on the backdrop of $1.8 billion liquidations. Even with ETF flows and institutional buying, market sentiment remains weak as investors wait for key US inflation figures and Fed policy signals. • Bitcoin dropped more than 10% from its all-time high of $124,474, trading below $110,000 this week. • The crypto market witnessed $1.8 billion in liquidations, where 74% were from long positions. • Fed Chair Powell’s dovish comments did not prop up BTC, as bearish pressure continued. • Spot Bitcoin ETFs had $567 million of inflows, indicating renewed interest from institutions. • Institutional buyers such as Metaplanet and Strategy purchased 3,184 BTC, riding down price movements. • Technical indicators indicate decreasing momentum, with RSI moving lower and MACD indicating a bearish crossover. • The next significant move for BTC may be powered by key events in the near future—US core PCE inflation figures and the Fed meeting in September. Bitcoin struggled through a week as the crypto sector digested more than $1.8 billion in liquidations, predominantly among long positions, exposing the dangers of over-leveraged trading. Institutional and corporate investors remained strong despite the sell-down, and Bitcoin spot ETFs posted inflows exceeding $567 million after a week of catastrophic outflows. Other corporate treasuries, including Metaplanet and Strategy, also seized the opportunity, accumulating thousands of BTC to their total, reaffirming faith in the asset’s long-term value. BITCOIN DAILY PRICE CHART SOURCE: TradingView Aside from market movement, the presence of Bitcoin globally continues to grow. The Hong Kong Bitcoin Asia conference, the second-largest cryptocurrency conference worldwide, reflected the increasing dominance of BTC in the Asian market. At the same time, Donald Trump’s sons-backed American Bitcoin is set to list on the Nasdaq via a merger with Gryphon Digital Mining, an initiative which can further solidify Bitcoin’s acceptance into the mainstream. These moves speak to Bitcoin’s durability and the constant inclusion of digital assets in both institutional investment portfolios and the world’s financial markets. TECHNICAL ANALYSIS Bitcoin displays weakening momentum after three consecutive weeks of losses since its all-time high of $124,474 in mid-August. The price fell below its 100-day Exponential Moving Average (EMA) level of $110,849, increasing the danger of sliding further towards the 200-day EMA level around $103,974 if selling continues. Relative Strength Index (RSI) on the daily chart stands at 39, indicating strong bearish momentum, but the weekly RSI has moved slightly towards neutral, indicating waning bullish strength. The Moving Average Convergence Divergence (MACD) is also indicating a bearish crossover, suggesting potential for an early downtrend to develop unless BTC recovers past resistance of $116,000. FORECAST If Bitcoin can resist falling below the $110,000 level and continue to receive institutional inflows into spot ETFs, the recovery could stretch towards near-term resistance levels around $116,000. Institutional buying including corporate treasury buying, combined with more robust global adoption indicators like the impending Nasdaq listing of American Bitcoin, can further fuel sentiment. Alternatively, a dovish result from the Federal Reserve’s September meeting or declining US inflation numbers would also offer upside support, enabling BTC to recover lost ground and potentially stabilize above critical levels. Alternatively, unable to maintain above the 100-day EMA of $110,849 and successive selling pressure may see Bitcoin lower towards its next area of support at $104,400, with ongoing risk of testing the 200-day EMA at around $103,974. Bearish futures sentiment and declining spot demand mean that buyers are still apprehensive, making BTC susceptible to deeper corrections if macroeconomic reports surprise to the upside and move the US dollar higher. In this case, traders can expect extended consolidation or further declines before Bitcoin tries to recover again.

Bitcoin Crypto

Bitcoin Weekly Outlook: Price Dips Under $116K as ETF Flows and Lackluster Momentum Indicate Possible Correction

Bitcoin is signaling the possibility of a near-term correction as it dips below the critical level of $116,000, shattering its recent range-bound pattern. The fall is bolstered by weakening technicals in the form of a bearish MACD and RSI crossover, indicating waning bullish momentum. Also, US-listed spot Bitcoin ETFs experienced a modest weekly outflow of $58.64 million, putting an end to a six-week inflow stint, further contributing to the bearish sentiment. With increasing open interest indicating more short positions and no short-term relief from US macroeconomic fundamentals or interest rate reductions, BTC might experience more downward pressure in the near term. KEY LOOKOUTS • A close below this significant level daily might seal the deal for more downside, with targets in the vicinity of $111,410 (50-day EMA) or even the former ATH of $111,980. • Ongoing US spot Bitcoin ETF outflows totaling $58.64 million for the current week might reflect diminishing institutional confidence and add pressure to the price further. • Bearish MACD and RSI crossovers on daily and weekly charts indicate falling momentum and higher likelihood of a correction. • Strong US economic data and the hawkish tilt from the Fed lower the odds of near-term rate cuts, taking the steam out of investor desire for risk assets such as Bitcoin. Bitcoin is experiencing increased selling pressure as it drops below the critical support of $116,000, indicating a possible continuation of its short-term correction. This action follows against a backdrop of weakening technical strength, with both the MACD and RSI showing bearish indications. Contributing to the risk-averse sentiment, US-listed spot Bitcoin ETFs have seen a weekly outflow of $58.64 million, the first outflow in six weeks and reflecting a slowing in institutional demand. In addition, increasing open interest in conjunction with decreasing prices indicates a rise in short positions that can hasten the decline if bearish momentum continues. Bitcoin is below $116,000, breaking its recent range and indicating a possible short-term correction. Slowing momentum and ETF withdrawals indicate rising bearish pressure with downside risk intensifying. • Bitcoin has fallen below the lower edge of its range of consolidation, indicating possible further downside. • US-listed spot Bitcoin ETFs saw a moderate weekly outflow of $58.64 million, ending a six-week inflow streak. • Both daily and weekly RSI and MACD indicators reflect bearish indications, pointing to deteriorating bullish strength. • Open Interest has hit an all-time high of $44.5 billion, pointing towards growth in short positions during downward price movement. • If BTC remains below $116K, the next important support is around the 50-day EMA at $111,410 or the last ATH at $111,980. • Strong US economic reports and the hawkish tilt of the Fed reduce the prospects of interest rate reductions, putting extra pressure on risk assets. • A close above $120K on a daily basis might render the bearish scenario useless and allow for a retest of the $123,218 all-time high. Bitcoin’s sentiment this week is tempered by increasing investor wariness and pending macroeconomic headwinds. One of the most significant developments is the modest outflow from US-listed spot Bitcoin ETFs, to the tune of $58.64 million. This represents the end of a six-week inflow trend and indicates a potential reversal in institutional sentiment. The outflows, while modest, are an indication of early warning signs of a possible pullback in investor confidence. The increase in open interest, usually coupled with speculative activity, is also indicative that traders are refocusing their strategies amid shifting market conditions. BITCOIN DAILY PRICE CHART SOURCE: TradingView Apart from crypto-specific influences, general economic conditions also play a role in shaping sentiment. The US economy remains robust, with solid labor market readings and ongoing inflation pressures diminishing the chances of any near-term interest rate reductions by the Federal Reserve. At the same time, continued global trade updates—like a possible deal between the US and EU—are watching investors closely. Although geopolitical advancements like these may tighten market confidence, the present uncertainty is promoting risk aversion in the space of crypto. TECHNICAL ANALYSIS Bitcoin is displaying weakening momentum as it trades below the significant support of $116,000, breaking its recent range of consolidation. The Relative Strength Index (RSI) on the weekly chart has fallen away from overbought, currently at 65, and the daily RSI has fallen to 51 and is trending lower. This move signals diminishing bullishness. The Moving Average Convergence Divergence (MACD) on the daily chart also registered a bearish crossover, indicating potential further downside. If BTC cannot recover the $116K level, it could test the 50-day Exponential Moving Average (EMA) around $111,410, with continued pressure anticipated should bearish sentiment continue. FORECAST If Bitcoin is able to recover and close above the $116,000 level, it may indicate a possible rebound from its current retreat. A sustained advance above this threshold might prompt fresh buying interest, particularly if ETF flows normalize or turn into inflows. If BTC clears the top consolidation line of $120,000, it may set its sights on retesting the new all-time high of $123,218. Further encouragement of this bullish course may come from sustained optimism over global trade developments or positive macro changes. Downside risks include if it cannot regain $116,000, pushing Bitcoin into correction and further into key support regions. A conclusive daily close below this level raises the probability of a fall towards the 50-day EMA at $111,410, and even to the prior all-time high of $111,980. Increasing open interest with falling prices indicates heightened short positioning, which can reinforce bearish pressure. Further ETF redemptions and a strong Fed line on interest rates can also restrict upside and dampen market sentiment.

Crypto Ethereum

Ethereum Price Prediction: ETF Flows and Regulation Hopes Conflict with Bearish Technical Indications

Ethereum (ETH) grapples with mixed signals when trading near $2,510, sliding 3% in the face of healthy institutional demand and regulatory confidence. US spot Ethereum ETFs are likely to record an eighth week in a row of net inflows, amounting to almost $2 billion, fueled by increasing adoption, tokenization advancements, and stablecoin legislation updates. Though, ETH is finding it difficult to develop bullish impulses as technical signals warn of a possible “death cross,” which in the past resulted in 35% price drops. Although traders are bullish about the rally beyond $3,000, bearish technicals and macroeconomic volatility may push ETH towards $1,750. KEY LOOKOUTS • Observe whether US spot Ethereum ETFs can continue their winning streak and drive cumulative inflows above the $2 billion level, indicating consistent institutional appetite. • Watch out for next week’s decisions on the GENIUS stablecoin bill and CLARITY bill during Crypto Week (from July 14), which may significantly impact investor attitude. • Watch Ethereum’s weekly chart—if the 50-SMA falls below the 100-SMA, it may validate a death cross and initiate the possible 35% price decline. • A breach above the symmetrical triangle pattern and major SMAs near $2,600 would invalidate the bearish setup and rekindle bullish momentum towards $3,000+. Price action in Ethereum tells a bearish story as bearish technical indicators clash with strong ETF inflows and optimism about regulation. While US spot ETH ETFs have witnessed about $2 billion of net inflows in eight weeks—driven by corporate adoption, tokenization development, and favorable lawmaking—ETH is still resisting at crucial technical levels. The upcoming specter of a “death cross” on the weekly chart, when the 50-period SMA can potentially fall below the 100-period SMA, puts pressure on the ongoing trend. Despite traders positioning for a breakout above $3,000, bearish signals remain at risk of triggering a plunge to $1,750 if validated. Ethereum is subject to conflicting signals with robust ETF inflows and regulatory optimism balanced by bearish technical trends. A possible death cross might trigger a fall to $1,750, even in the face of bullish trader sentiment targeting a breakout above $3,000. • Ethereum price fell 3% to $2,510 despite robust institutional inflows. • US spot ETH ETFs are poised for eight straight weeks of net inflows, close to $2 billion aggregate. • Tokenization initiatives and Ethereum-centric treasury programs by listed companies provide positive momentum. • Future US legislation such as the GENIUS and CLARITY bills has the potential to frame market sentiment. • Almost 80% of ETH call options for July expire above $3,000, indicating bullish positioning. • Technical indicators signal a possible death cross, in the past leading to 35% drops. • A break above $2,600 and symmetrical triangle formation may render bearish prognosis useless. Ethereum remains to draw important institutional attention, with US spot Ethereum ETFs headed for an eighth consecutive week of net inflows, amounting to almost $2 billion. The cause is mostly fueled by expanding faith in Ethereum’s ecosystem, particularly as increasingly public companies start adding Ethereum to their treasury strategies. The aspects like Robinhood’s release of tokenized US stocks on the Arbitrum Layer 2 network show the role Ethereum is playing in digital finance and tokenization. ETHEREUM DAILY PRICE CHART SOURCE: TradingView Regulatory momentum is also contributing to Ethereum’s attractiveness. The next Crypto Week in the US, when lawmakers will be debating important crypto bills such as the GENIUS stablecoin bill, may open the door to a more organized and favorable regulatory framework. These developments point to increasing government interest in establishing a clear and effective setting for blockchain technologies, with Ethereum at the forefront of this new digital reality. TECHNICAL ANALYSIS Ethereum is indicating signs of potential vulnerability as it gets close to a critical bearish signal: the death cross. On its weekly chart, the 50-period Simple Moving Average (SMA) is near to falling below the 100-period SMA, which in the past has indicated a downtrend. Previously, these crossovers have led to price declines of more than 35%. Moreover, ETH has also resisted strongly at the $2,600 level and lost momentum upward. The Relative Strength Index is neutral, but the Stochastic Oscillator is near the overbought zone, indicating indecision in the direction of the market and that there is no significant bullish pressure. FORECAST If Ethereum holds up at current support levels and moves above the $2,600 resistance level, it can set the stage for a bullish advance towards $3,000, or even higher. Ongoing institutional flows through ETFs, favorable legislative results from the forthcoming Crypto Week, and greater adoption through tokenization initiatives and corporate treasury programs can be good catalysts for further gains. A breakout of the symmetrical triangle pattern would also support the bullish case, further confirming trader expectations for a sharp price rise. Conversely, a failure to re-take important resistance levels and confirmation of the expected death cross could trigger a sharp drop in the price of Ethereum. Past behavior would indicate a potential 35% drop that could move ETH to the $1,750 support area. Further stress from macroeconomic uncertainty, for example, from the Federal Reserve’s actions or geopolitical events, may further tense investor attitudes and speed a bearish move. Failure to follow through on ETF flows or adverse regulatory surprises will also contribute to bear pressure.

Crypto Ethereum

Ethereum’s Slippery Slope: DeFi Sector is in Grave Danger if ETH Dips to $1,000

Ethereum, the backbone of the decentralized finance (DeFi) sector, is in a delicate situation as its price is having difficulty holding above important levels of support. Currently sitting at levels of around $1,920, ETH’s inability to break the $2,200 barrier could see the asset plummet further down to $1,500 — and perhaps even $1,000, a level experts fear will destroy much of the DeFi space. Such lows might lead to gigantic liquidations, decreased liquidity, a sudden plummet in Total Value Locked (TVL), and dwindling investor confidence. As pressure from regulators gathers and DeFi comes under increasing scrutiny for enabling recent high-profile hacks, Ethereum’s price path has far-reaching implications for decentralized finance’s future. KEY LOOKOUTS • ETH will need to take back $2,200 or risk further selling; failure would see it accelerate toward the very important $1,500 support level. • Liquidity in DeFi space is threatened by the possibility of a deeper ETH correction that will lower TVL and suppress user interest on decentralized platforms. • $1,000 ETH stands as a fear point that can initiate en masse liquidations, investor exit, and drastic setbacks for innovation within the DeFi ecosystem. • Regulatory oversight is heating up, particularly following ETH-related hacks, that may result in sanctions, delistings of protocols, and lawsuits against DeFi developers. Ethereum’s recent price instability has triggered real fears throughout the DeFi world, with analysts cautioning against a looming crisis if ETH dips to $1,000. Such a sharp fall would trigger huge liquidations, a sudden drop in Total Value Locked (TVL), and a sharp decrease in investor activity and trust. With Ethereum struggling to climb back above the $2,200 resistance zone, the potential for further bearishness to $1,500 or worse is still intact. Adding fuel to the fire, DeFi is also in increasing regulatory jeopardy, particularly following its infrastructure reportedly being used to launder stolen crypto from a recent high-profile hack. The weeks ahead will tell if Ethereum will be able to regain its stride or pull the DeFi ecosystem into further chaos. Ethereum’s price woes continue to represent a serious risk to the DeFi ecosystem. A decline to $1,000 would induce huge liquidations and destroy investor sentiment. Increasing regulatory pressure also mounts the pressure, so ETH’s recovery above $2,200 is vital to market health. • Ethereum’s price currently floats around $1,920, with resistance at $2,200 and an important support point at $1,500. • A fall to $1,000 would hit the DeFi market hard, initiating huge liquidations and lower investor confidence. • DeFi Total Value Locked (TVL) has already dropped by 40%, reflecting decreasing liquidity and market engagement. • Experts predict that ETH’s fall would slow DeFi growth since low prices may deter new investment and innovation in the industry. • Regulatory pressure against DeFi is increasing, after its application in concealing the stolen ETH in the Bybit hack. • Social sentiment towards “buy-the-dip” and “bottom” is rising, reflecting some retail optimism at the $1,800–$1,900 level. • Technical gauges such as RSI and Stochastic Oscillator reflect bearish momentum, unless ETH decisively breaks out above the $2,200 level. Ethereum’s position as the foundation of the decentralized finance (DeFi) space puts it at the forefront of innovation and risk. As the main platform underpinning thousands of DeFi applications, any volatility in Ethereum’s ecosystem has a direct impact on the overall landscape. There are concerns among experts that if Ethereum suffers a sharp fall, it would create a ripple effect—lowering confidence in DeFi, slowing down user adoption, and diminishing liquidity across platforms. The confidence in DeFi relies not only on innovation but also on the resilience and stability of Ethereum as its foundation. ETHEREUM Daily Price Chart Chart Source: TradingView Compounding to the fear is the recent backlash DeFi has attracted due to its involvement in enabling illicit fund flows, like those associated with the Bybit hack. Critics suggest that while decentralization fosters freedom and autonomy, it also creates avenues for abuse without defined accountability. With regulators starting to look at the DeFi space more intensely, the industry can struggle to reconcile innovation with regulation. The future of decentralized finance thus depends not just on technological progress but on establishing trust, transparency, and responsible practices in the ecosystem. TECHNICAL ANALYSIS Ethereum is going through a consolidation period, failing to overcome major resistance levels. Indications point to slight upward pressure, with price action locked within a specified rectangular pattern. In spite of sporadic bullish efforts, the market mood is still guarded, and an inability to create a strong breakout might indicate additional downside threat. Support levels near $1,750 are proving to be resilient, but the absence of persistent buying pressure is likely to keep any meaningful relief in check. Traders are keenly observing for a firm move above resistance to validate a change in trend and rebuild bullish sentiment in the market. FORECAST The price outlook for Ethereum is unclear as it fails to hold its ground in the midst of market volatility. A possible breakout move upward can be catalyzed if ETH is able to cross above the $2,200 resistance point, indicating renewed investor appetite and higher buying pressure. If this is the case, Ethereum would be able to regain higher grounds, drawing new liquidity into the market and potentially advancing to $2,500 or higher. Higher adoption, favorable regulatory changes, and better sentiment in the overall crypto space could also add to a bull run. Alternatively, the bearish scenario is still a possibility, particularly if Ethereum cannot continue holding at its present levels. A breakdown below the $1,750 support level may trigger more selling pressure, with the next pivotal level being $1,500. Below this level, Ethereum could experience a prolonged slide towards $1,000, a level experts say will cause widespread liquidations and further deplete the DeFi sector. External influences like regulatory crackdowns, macroeconomic turmoil, or bearish sentiment in the crypto space may accelerate the downtrend, making a robust recovery difficult.