July 11 2026

The crypto market is maintaining its upward momentum over the weekend, constructing a more resilient price floor after a highly volatile start to the month. The macro dark clouds that heavily suppressed June order books are beginning to lift, letting spot accumulators and short-term buyers steadily push major digital assets into a clear technical relief range.

Core Market Performance
While green candles dominate the weekend layout, overall market psychology is still working its way out of the "Fear" trenches, as institutional players watch to see if this bounce can establish a permanent structural floor

Bitcoin (BTC): Trading at approximately $64,040. BTC successfully cleared its overhead resistance at $63,000, logging a +1.41% daily gain and putting it up roughly 7% over the past week. The asset is aggressively working to lock in the mid-$64,000 range as an active support shelf

Ethereum (ETH): Hovering near $1,750. ETH is matching the broader market recovery with quiet horizontal consolidation, supported by ongoing whale accumulation ahead of its anticipated base-layer efficiency updates.

Derivatives Cleanup:
The push past $64,000 triggered an intense $96 million to $143 million short squeeze. Bearish derivatives traders who were aggressively shorting the breakdown below $60k were hit with rapid liquidations, accelerating the immediate upward momentum.