BTC dips below $64,000, ETH falls under $1,900, SOL leads the drop at -7.86%—where are the key supports?



On July 17, the crypto market saw a broad pullback. BTC fell below $64,000, down 1.79% over the past 24 hours; ETH slipped below the $1,900 mark, with a drop of 3.53%; and SOL was the weakest, down 7.86% cumulatively over the past 7 days, trading at $75.12. The three major coins weakened in sync, and net outflows from the total crypto market cap exceeded $196 million intraday.

BTC: 63,500 is the first line of defense

BTC pulled back from above 65,000 to around 63,800, breaking below the $64,000 psychological level. Near-term support lies in the 63,500–63,800 range—an area that has been tested multiple times before. If it fails to hold, look for 62,500–63,000 below. $64,000 has flipped from support to resistance. If rebounds can’t reclaim $64, the short-term downside structure may persist. RSI has fallen back from its high to around 50; momentum has weakened, but it hasn’t entered oversold conditions yet.

ETH: 1,820 is the dividing line between bulls and bears

ETH retreated from above 1,900 to around 1,835, down more than 3.5%. The 1,820–1,840 area is the key level from the prior breakout, and also the “test range” provided by the Jiang Heng-ding scenario. If the pullback doesn’t break 1,820, the upward-leaning structure remains intact, and rebound targets are 1,870–1,880. If price breaks below 1,820 with rising volume, the short-term structure turns bearish, with support at 1,770–1,780. ETH’s volatility is clearly higher than BTC’s; leveraged positions are concentrated, so the upside-downside tug-of-war is likely to be even more intense.

SOL: $75 is the last line of defense

SOL is down 7.86% over the past 7 days, the weakest performance among the three major coins. $75 is a key short-term support level—if it holds, SOL may stabilize in the 75–78 range. If it breaks $75 with heavy volume, look for 72, and even as low as 70. SOL had previously performed strongly due to the meme hype and ETF inflows, but after liquidity cooled off, the pullback has been even larger.

At present, this is whether it’s simply normal profit-taking following a streak of gains, or the start of a trend reversal—depends on whether BTC can stabilize above 63,500. ETH and SOL’s independent price action needs BTC to hold steady as a prerequisite. If BTC continues to probe lower, altcoin drawdowns could be even deeper. $BTC $ETH $SOL #USDT充值理财双重奏 #ETH站稳1900美元
BTC0.07%
ETH-1.51%
SOL-0.95%
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SirDu
· 18h ago
Buy the dip and enter 😎
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