MiningGeologist

Jiebi.com news: According to Cointelegraph, Glassnode’s analysis indicates that although long-term holders have reached a peak in selling, Bitcoin’s bottoming process is still ongoing, and there remains downside risk.

$DEXE is putting on an explosive bullish masterclass on the daily frame, executing a powerful vertical extension that has shredded local resistance lines with massive volume expansion!
Entry: 31.500 - 34.492 (Accumulating on minor intraday cool-offs or catching entries within the upper third of the massive expansion candle)
Targets:
→ 38.500
→ 42.000
→ 46.500
Stop Loss: 28.200 (Placed below the key psychological level and immediate daily structural support shelf)
Timeframe: 1D
#PredictWorldCup🇪🇸vs🇧🇪 #USIranWarCloudsGather #GUSDYieldRisesto3.8%

Ethereum at a Crossroads: Will ETH Hold This Critical Monthly Support or Break Lower? 📊
Ethereum is entering one of its most important technical phases in years. On the monthly timeframe, ETH is trading around $1,736 after an extended correction from its previous highs. While the market remains under pressure, the chart suggests that a major move could be approaching as price compresses near a long-term support zone.
Long-Term Trend Overview
The monthly chart tells a story of two powerful bull cycles followed by a prolonged correction. After reaching nearly $5,000, Ethereum failed to maintain bullish momentum and entered a distribution phase that eventually transitioned into a downtrend.
Despite the bearish structure, the recent monthly candles reveal something different—selling pressure is no longer as aggressive as it was during the initial decline. This often signals that the market is entering an accumulation phase where long-term investors begin positioning themselves.
Critical Demand Zone
The $1,600–$1,800 area is currently the most important level on the chart.
This zone has repeatedly attracted buyers and continues to serve as a strong foundation for Ethereum. As long as monthly candles continue closing above this region, bulls still have a chance to regain momentum.
A clean break below this support, however, would invalidate the bullish outlook and could accelerate selling toward lower price levels.
Resistance Levels to Watch
For Ethereum to confirm a long-term reversal, buyers must reclaim several key resistance zones:
$2,100 – First breakout confirmation.
$2,600–$2,900 – Major supply area where sellers may return.
$3,800–$5,000 – Long-term resistance and previous cycle highs.
Only a monthly close above these levels would fully shift the market structure back in favor of the bulls.
Price Action Analysis
One notable feature on the chart is the series of smaller monthly candles after the major decline. This reflects indecision between buyers and sellers, often seen before a significant breakout.
Volume has also cooled compared to previous rally periods, suggesting the market is waiting for a strong catalyst before choosing its next direction.
Bullish Outlook 📈
If Ethereum continues defending its current support, the next upside targets could be:
$2,100
$2,500
$3,000
Breaking these levels would likely attract fresh buying interest and increase the probability of a sustained recovery toward previous highs.
Bearish Outlook 📉
If bears regain control and force a monthly close below $1,600, Ethereum could revisit lower support levels around $1,300 and potentially $1,000 before finding stronger demand.
Trading Strategy
Professional traders rarely chase price on the monthly timeframe. Instead, they wait for confirmation:
Watch for strong bullish monthly closes above resistance before adding long positions.
If support fails, avoid catching a falling market until a new base is formed.
Risk management remains essential, as false breakouts can occur around major support zones.
Final Thoughts
Ethereum is sitting at a make-or-break level. The monthly chart suggests the market is transitioning from panic selling into a period of consolidation, but confirmation is still required before calling a new bull cycle.
The coming monthly candles will likely determine whether ETH begins a fresh rally or extends its long-term correction. Until then, patience and disciplined execution remain the smartest approach for traders and investors alike.
#GUSDYieldRisesto3.8%

CoinWorld News, Goldman Sachs expects that if US-Iran negotiations last 60 days and Iran’s oil waivers are reinstated, Persian Gulf oil flows will be restored before the end of July, at which point the Strait of Hormuz would need to increase throughput by 6.6 million barrels per day. If negotiations break down and tanker attacks escalate, while the US may impose a blockade on Iranian oil, Persian Gulf flows could decline further.

CoinWorld News, Amazon has launched a USD bond issuance plan of at least $25 billion, consisting of 1 floating-rate bond and 7 fixed-rate bonds, with maturities ranging from 3 to 40 years.
According to market final pricing information, due to peak subscription orders reaching approximately $62 billion, the final bond issuance spread has narrowed significantly compared to the initial guidance.
Amazon has raised approximately $64 billion cumulatively in the bond markets of the US, Europe, and Canada this year. If this issuance is included, its total bond issuance in 2026 will approach $90 billion. Amazon expects its capital expenditure in 2026 to be as high as $200 billion, with most of the funds to be used by AWS to purchase chips, servers, and expand data centers.

Wu noted that, according to CryptoQuant on-chain analyst Darkfost, the dominance of Meme coins relative to the altcoin market has dropped to its lowest level since February 2024. The cited indicator is the ratio of the total market cap of Meme coins to the total market cap of altcoins, used to observe the heat of the Meme coin market. Data shows that in November 2024, the Meme coin rally pushed this ratio above 10%, but it has now fallen back to 3.7%.

Chainlink (LINK) Latest
News
Chainlink (LINK) continues to strengthen its position as the leading decentralized oracle network, with growing adoption across DeFi, tokenized real-world assets (RWAs), and blockchain ecosystems.
Analysts believe increasing demand for secure on-chain data and cross-chain
interoperability could support Chainlink's long-term growth.
Trading activity remains active as investors monitor key support and resistance levels while the broader crypto market searches for direction.
Despite short-term market volatility, many analysts remain optimistic about LINK due to its critical role in connecting smart contracts with real-world data.#GateStocksTransferLive #CirclePlunges17% #PredictWorldCup🇵🇹vs🇭🇷 #GateCardPointsSystemLaunched #NFPCountdown $LINK ‌$LINK ‌

Coin World News: Bitcoin mining pool Ocean co-founder Mark Artymko posted that SBI Crypto will shut down its mining pool service on July 31, and expressed gratitude to the SBI Crypto team for their contributions to the Bitcoin network over the years. Artymko also invited SBI Crypto miners to migrate, stating that miners can directly connect to the Ocean mining pool to continue mining without a complex account opening process.

CoinWorld News, Anthropic announced that it is jointly drafting a consensus framework with Amazon, Microsoft, and Google to assess the severity of AI monitoring.

Coin World News, Galaxy Digital has lowered its probability estimate of the CLARITY Act becoming law in 2026 to 50%, citing a tight Senate schedule and a lack of significant legislative progress before the August recess. Research head Alex Thorn said that time has become the biggest obstacle to passing the bill, rather than the content of the bill itself. Nevertheless, he still believes there will be a vote in July, but whether it can reach 60% support remains unclear. Galaxy Digital also noted that the legislative window for the Senate before the recess has further narrowed, intensifying competition.

CoinWorld News, prediction markets show that the probability of OpenAI's IPO this year has decreased due to market fluctuations and potential delays, currently at only 29%.

🔶 𝐄𝐕𝐄𝐑𝐘𝐎𝐍𝐄 𝐈𝐒 𝐖𝐀𝐓𝐂𝐇𝐈𝐍𝐆 𝐓𝐇𝐄 𝐏𝐄𝐀𝐂𝐄 𝐃𝐄𝐀𝐋…
But the biggest market test could be coming from Japan. 🇯🇵
🔸 Bank of Japan is expected to raise rates to 1%
🔸 A level not seen since 1995
🔸 The last 4 BOJ rate hikes were followed by market corrections
Now two powerful forces are facing each other:
🔶 Peace deal optimism 🕊️
𝐕𝐒
🔶 Global liquidity tightening 🏦
The market now faces one big question:
Will the peace rally overpower the BOJ shock…
Or will history repeat again?
Tomorrow could decide the next major move. 👀
$BTC ‌$ETH ‌#MyGateTradeStory

The first AI agent hardware benchmark aa-agentperf published by the evaluation organization Artificial Analysis shows that NVIDIA Blackwell is significantly more energy-efficient in AI agent hardware testing. With a power consumption of 1 megawatt, the GB300 NVL72 can handle 61.4k concurrent AI agents, an increase of over 20 times versus the previous-generation Hopper HGX H200, which supports only 2,600. The concurrent capacity of a single graphics card has increased by 41 times. Under the same power budget, data centers can support about 20 times more concurrent AI agents, significantly reducing application deployment costs.

CryptoWorld News reports that, according to Cointelegraph, analyst Anthony Pompliano states that Bitcoin may be close to the market bottom, citing historical cycle patterns and on-chain data showing an increase in the proportion of BTC holders in loss.

CryptoWorld News: HYPE long positions' unrealized profits have narrowed to $31.58M (up 185.86%), with the current token price at $61.56, liquidation price at $49.23, and a position size of $84.95M. This address heavily increased long positions before HYPE was listed on Robinhood and is now the largest HYPE long holder, having previously experienced significant unrealized losses.

CoinWorld News reports that Bitcoin mining company Cleanspark has released its operational update for May 2026.
The company produced 671 BTC this month, with a peak daily output of 23.16 BTC, and a total of 3,110 BTC produced so far this year.
Operational hash rate remained at 50 EH/s, with an average operating hash rate of 46.2 EH/s.
At the end of May, Bitcoin holdings were 13,470 BTC, up from 13,453 BTC at the end of April.
The company sold 404 BTC in spot sales this month, and sold 250 BTC through exercised call options, with an average sale price of $79,934.