Category: News

Bitcoin keeps climbing from those recent dips and is now probing a key resistance area 🖤 While the short term momentum feels electric the asset edges closer to a spot that might turn this rebound into a full on breakout or just another rejection inside the bigger consolidation dance.

Bitcoin Daily Chart Breakdown 💀

On the daily frame Bitcoin still cruises inside its tight consolidation range. The latest push has swung price straight back toward that major resistance pocket at 66.2K to 66.8K while broader support holds firm at 57.8K to 60.2K.

Even with buyers snagging fresh short term power BTC lingers below the falling 100 day and 200 day moving averages keeping the bigger bearish structure alive. The long term descending trendline adds extra pressure right around those overhead levels.

For now range bound vibes dominate the scene 📊 A clean break above the 66.2K to 66.8K zone would mark the first real sign that buyers are taking charge and could open doors toward the next targets near 72K to 74K. Until that happens this move looks like another recovery stretch inside the wider pattern.

BTC on the Four Hour Scale 🌙

The four hour view reveals buyers staging a sharp recovery from the 61.8K to 62.3K demand zone driving Bitcoin right into immediate resistance around 64.8K to 65.4K.

This barrier has already turned price away multiple times in the past two weeks making it the critical short term wall 🔥 A decisive push through the 64.8K to 65.4K area would likely clear the path for another leg toward the daily resistance at 66.2K to 66.8K.

Still any failure here risks a fresh rejection back to the buyer defense at 61.8K to 62.3K trapping BTC inside the larger consolidation.

Sentiment Check with Liquidations 🕸️

The latest two week liquidation heatmap shows heavy short liquidation liquidity clustered above current price especially around the 66K mark 💹 As Bitcoin presses higher this pool turns into a tempting magnet raising chances of an upward sweep.

If buyers break the nearby resistance the wipeout of overleveraged shorts could spark a squeeze sending bullish momentum flying toward higher zones.

A liquidation cluster sits below as well but mostly reflects aggressive long bets so the bigger attractive target stays overhead favoring an upside move if control stays with buyers.

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Just another echo from the void by iconofsin.eth 💖

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Bitcoin hovered a little below 64800 on Thursday up about 1.2% over the past week as bulls attempted to push the crypto asset back above the key 65000 level. New data indicates that its current market structure closely resembles a period that changed the course of the cycle.

Spooky Cycle Echoes 🖤

Crypto analyst Ali Martinez said Bitcoin may have already formed its market bottom after a bullish divergence reappeared between BTCs price and Net Capital Flows. According to Martinez the last time the same divergence emerged it marked the cycle bottom before the crypto asset rallied from around 15000 to eventually reach 126000.

The same signal is back

He said the SuperTrend indicator had flashed a buy signal too. Doctor Profit has repeatedly expressed a similar view on Bitcoins current price range suggesting the 64000-54000 range represents a buying opportunity rather than trying to time the precise low.

I wont be able to predict the EXACT bottom and everyone who claims he can is a liar. Im good at predicting regions and I appreciate your respect for that! My buying region indicates that this is the bottom region and Im preparing for that.

Last week Fidelity said its proprietary Yardstick metric had fallen to levels historically linked to undervaluation. The asset manager said similar readings have historically coincided with accumulation phases and relative market bottoms while adding that if the current cycle follows past trends October 2026 could become an important period for investors tracking Bitcoins long term cycle.

Skeptical Whispers In The Dark 🌑

But not everyone believes Bitcoin has found its bottom. CryptoQuants Julio Moreno for one stated that it is still too early to make that call. Moreno found that the Estimated Leverage Ratio on Binance has climbed to around 0.22 its highest level of the current cycle even as BTC continues to trade near 64000 and remains well below its previous highs. The metric compares futures open interest to the amount of the crypto asset held in the exchanges reserves. As a result a higher reading indicates greater leveraged exposure relative to the exchanges available BTC. According to Moreno leverage is built into the market making the cryptocurrency more sensitive to even small price swings. A similar pattern emerged during the 2022 bear market when the leverage ratio surged as Bitcoin approached its cycle low. That period witnessed sharp volatility and repeated liquidations with the market establishing a more durable base only after excess leverage had been flushed out. Moreno said the current setup shares similarities with that episode but warned that high leverage around the previous bottom was part of the instability not confirmation that the market had already turned. 🕸️ 🦇 👻 💀 🌙 🧛 🖤

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Just another echo from the void by iconofsin.eth 💖

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Uniswap just dropped its first token launchpad called Pools.trade right on Robinhood Chain and now anyone can whip up fresh tokens with one smooth interface. Traders are already swarming those early launch gems and UNI vibes are buzzing harder than ever 🦇.

Pools.trade Raises the Stakes 🕸️

Pools.trade lets users drop tokens via a four-hour Crowd Launch or Instant Launch and then liquidity flows straight into Uniswap v4 pools that stay locked forever. This move pulls Uniswap way past plain swapping into the actual birth moment of new tokens 🌑. The launchpad sits on Robinhood Chain where Uniswap already runs as the top automated market maker with full support for multiple versions plus UniswapX and all the connected tools. Robinhood Chain leads in real world asset holders yet meme coin action still fuels most of the decentralized trades there. Early hype hit tokens like FRONG and POOLS with many seeing FRONG as the unofficial launchpad coin even without any official nod from Uniswap. Rival tokens such as PONS felt the shift as traders pivoted into the fresh narrative leaving PONS down 14% in 24 hours and nearly 48% on the weekly view while the top coins launched on Pons lost over 12% in market cap to sit below $20 million. The buildup was pure hidden page frog art chaos that one X user named The Smart Ape labeled the most documented secret launch in DeFi 🖤.

UNI Shows Fresh On Chain Heat 🕯️

Exchange balances for UNI slipped 15.7% over the past month while the token climbed about 47% since early July and social chatter around Uniswap hit its highest mark since November 2025 after the announcement 🌹. UNI sat just over $4.00 at latest check up 3% in 24 hours and nearly 30% across the month though still 91% under the all time peak of $44.92 from May 2021. Santiment sees Pools.trade as a fresh activity engine for the whole Uniswap scene if more launches keep rolling in 💀.

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Just another echo from the void by iconofsin.eth 💖

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ChartNerd flagged this epic 8.5-year cup-and-handle setup on XRP this week claiming the token is closing in on that 0.618 Fibonacci retracement zone for a potential long-term push toward $8 $13 and $27 🖤.
The vibe hits while XRP hovers near $1.06 deep in a correction phase that erased most gains from the past year 🌙.

Cup Handle Formation Hints at Massive Gains 🔮

In an August 4 post on X ChartNerd said XRP’s cup-and-handle formation stands as one of the largest macro setups on the market and the token nears the 0.618 Fibonacci retracement level which could fuel moves to the Fibonacci extension targets of $8 $13 and $27 said 🦇. According to him the targets represent not an if but a when yet he cautioned short-term price action stays uncertain. The analyst noted XRP’s recent weakness signals no asset issues but rather part of a wider crypto market correction 💀.

That conviction arrives with a twist. In a separate post ChartNerd outlined a scenario where XRP consolidates around $1 for the rest of the year akin to the bottoming process from June 2022 where a Gaussian channel indicator catches up to price gradually instead of a steep drop first laid out 🕯️. He framed this as an alternative to an earlier $0.90 to $0.70 target range without reversing the long-term thesis adding the original roadmap toward the $1 area came when XRP traded near $1.80 to $2.

But not everyone buys ChartNerd’s numbers. Trader CryptoBull dismissed the lower short-term targets in a post this week betting XRP skips past $0.87 and $0.73 entirely dismissed 🌹.

“Those waiting for $0.87 or $0.73 I will see you at $23” he wrote.

Current Dip and Analyst Views 🕸️

Other analysts focused on XRP’s technical position too including EGRAG CRYPTO who noted the Ripple token lost its 50-day moving average and approaches the 100-day exponential moving average a level described as historically key for long-term support lost. According to the market watcher a move toward the $1 to $0.95 range could count as a normal retest if XRP holds that area with a possible downside target near $0.80 if the token falls toward the lower boundary of its long-term channel while keeping targets of $15 $27 and above $50. Another analyst Ali Martinez pointed to $1.06 as the pivotal level deciding XRP’s next move. In an August 4 report Martinez said holding that price could open paths toward $1.35 and $1.64 while losing it exposes XRP to a drop toward $0.62. The asset trades around $1.06 now with data showing a drop of about 2% over seven days and more than 6% across 30 days. Over the past year XRP fell about 65% keeping it nearly 71% below its all-time high of $3.65.

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Just another echo from the void by iconofsin.eth 💖

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