ETF analyst Eric Balchunas says REX Shares’ latest Solana staking ETF filing with the SEC suggests the product is ready launch any day now.

‘All systems go’ for Solana staking ETF to launch any moment: Analysts

Bitcoin has been consolidating in a wide range between $100,000 and $112,000, 
facing heightened volatility driven by rising geopolitical tensions in the 
Middle East and growing macroeconomic uncertainty. Despite these external 
pressures, Bitcoin has held strong above the six-figure mark, signaling 
resilience as it prepares for a decisive move. Market sentiment is cautiously 
optimistic, with many traders expecting a breakout in the coming weeks. 
Related Reading: ONDO Breaks Out Of Ascending Channel – Analyst Sets $0.29 
Target Top analyst Daan shared a technical analysis highlighting that Bitcoin 
is now trading just below its all-time high, but continues to face strong 
resistance around the $109,000–$112,000 zone. Price has tested this level 
multiple times over the past month, but each attempt has failed to produce a 
confirmed breakout. During this period, altcoins have suffered sharp 
drawdowns, with many falling between 10% and 50%, underscoring Bitcoin’s 
dominance and investor focus. Despite the rejections, bullish momentum is 
gradually building. Bitcoin’s ability to stay elevated in such a volatile 
environment suggests that buyers are accumulating, waiting for the right 
moment to push higher. A confirmed breakout above resistance could trigger a 
sharp move into price discovery, while failure to hold key support may lead to 
deeper consolidation before the next leg up. Bitcoin Bulls Push Toward 
Breakout Bitcoin has gained over 15% since early May, extending a bullish 
trend that began in April when the price rebounded sharply from the $75,000 
level. Since then, buyers have remained in control, consistently defending 
higher lows and reclaiming key technical levels. This steady rise in momentum 
has fueled speculation that Bitcoin may soon break into new all-time highs, as 
market sentiment improves and capital continues flowing into crypto. Analysts 
are now closely watching the $110,000–$112,000 resistance zone—a level that 
has held strong despite multiple breakout attempts. Daan noted that Bitcoin is 
trading just below its all-time high, but has already faced several failed 
moves above this barrier. Over the past month, price has hovered near 
resistance, yet hasn’t delivered a confirmed breakout. During this period, 
altcoins have struggled, with many dropping between 10% and 50%, further 
highlighting Bitcoin&#8217;s dominance and traders&#8217; caution. While the setup looks 
bullish, risks remain. A proper breakout will require not just a brief wick 
above $110K, but a strong weekly close or at least two consecutive daily 
closes above resistance. Until then, it’s wise to stay patient. Chasing before 
confirmation can lead to getting caught in a false breakout. Once Bitcoin 
breaks and holds above this level, the probability of a larger move increases 
significantly. In the meantime, Bitcoin’s ability to hold near highs while 
absorbing macro volatility and altcoin weakness is a strong sign of underlying 
demand. Momentum is building—but timing matters. A confirmed breakout will be 
the signal that the next leg up is ready to begin. Until then, smart traders 
are watching and waiting. Related Reading: Ethereum Holds Critical Long-Term 
Channel – Next Move Could Be Parabolic BTC Weekly Chart Shows Strong Structure 
Bitcoin is currently trading at $107,319 on the weekly chart, continuing to 
hover just below the crucial $109,300 resistance level. Despite multiple 
attempts, BTC has failed to close a weekly candle above this zone—a critical 
milestone needed to confirm a breakout and signal the next phase of upward 
momentum. The $103,600 level now serves as strong weekly support, holding firm 
through recent pullbacks. The long-term structure remains bullish. Price 
continues to trend above all major moving averages, including the 50-week SMA 
($85,147), the 100-week SMA ($66,505), and the 200-week SMA ($49,239), all of 
which are sloping upward. This alignment reflects solid long-term strength, 
even as Bitcoin consolidates just below all-time highs. Volume, however, 
remains relatively muted compared to the breakout seen in late 2024, 
suggesting that traders are waiting for confirmation before committing to new 
positions. Until BTC can close a weekly candle above $109,300, this range will 
remain intact. Related Reading: Ethereum Staking Hits Record High: 29.02% Of 
Supply Locked Signals Long-Term Conviction If bulls succeed, the market could 
enter price discovery and spark renewed inflows. But if rejection continues, 
the $103K–$105K zone becomes critical to hold. For now, Bitcoin’s bullish 
structure is intact, but confirmation is still required before a larger move 
can begin. Featured image from Dall-E, chart from TradingView

Bitcoin Struggles Below ATH After Weeks Of Failed Attempts – $109K Level In Focus

The ECB proposal includes the creation of new, standardized savings products 
that would redirect part of savers&#8217; funds to EU capital markets. To attract 
savers, these products would harness tax incentives and be offered across all 
European nations. ECB Proposal to Shift Savings to Capital Markets Gets 
Labeled as Marxist A blog post revealing a […]

Marxism? ECB Economists Propose Directing Retail Savings to Capital Markets

Kenya’s crypto startups fear a Binance-linked lobby group could tilt new 
regulations in the exchange’s favor under the proposed VASP bill.

Binance ties to Kenyan crypto board raise monopoly concerns: Report

When executed with purpose and a clear direction, token buybacks make 
effective catalysts that benefit both protocols and their communities.

Buybacks are the ultimate proof-of-resilience in DeFi | Opinion

Ethereum is facing a crucial test as bulls and bears lock into a tight battle 
around the $2,500 level. Despite repeated attempts, bulls have yet to 
establish control above this key resistance, while bears have been unable to 
push the price to new lows, signaling an indecisive but increasingly tense 
standoff. This price compression comes at a time when broader market sentiment 
is shifting. The US stock market has just reached a new all-time high, and 
analysts believe crypto could be next to follow. Related Reading: ONDO Breaks 
Out Of Ascending Channel – Analyst Sets $0.29 Target Fueling that optimism is 
fresh data from Artemis showing that Ethereum recorded over $269 million in 
net inflows in the past 24 hours. This sharp increase in capital moving into 
ETH reflects renewed investor confidence and may act as a catalyst for further 
price action. As global liquidity trends upward and risk appetite returns, 
Ethereum continues to gain momentum. Still, the $2,500 level remains a major 
hurdle. A confirmed breakout above it could trigger a sharp move higher, 
potentially leading the way for altcoin recovery. Until then, ETH traders 
remain on alert, watching for either a clean breakout or another rejection in 
what could be a defining moment for Ethereum’s mid-term direction. Ethereum 
Builds Strength As Altseason Awaits Breakout Ethereum has been consolidating 
in a broad range, trading between $2,200 and $2,800 for several weeks. This 
tight band of price action reflects a broader indecisiveness across the 
altcoin market, with traders still waiting for a definitive breakout to 
kickstart the long-anticipated altseason. Despite occasional surges in 
momentum, ETH has yet to break above the $2,800 mark—a level that could open 
the door for sustained upside and renewed altcoin activity across the board. 
The macroeconomic environment remains a wildcard. With mixed inflation data, 
geopolitical risks, and a volatile interest rate outlook, markets are reacting 
cautiously. Yet, amid this backdrop, Ethereum continues to show resilience. 
Many analysts believe that once ETH breaks out of this range, it could act as 
the trigger for a broader altcoin rally. Adding to the bullish outlook is 
fresh data shared by top analyst Ted Pillows, who highlighted a significant 
shift in investor behavior. According to Pillows, Ethereum saw over $269 
million in net inflows in the last 24 hours, signaling renewed demand from 
institutional and retail players alike. These inflows, tracked by Artemis, 
point to growing confidence and could serve as the foundation for Ethereum’s 
next leg higher. While uncertainty lingers, momentum is quietly building. 
Ethereum’s ability to hold above $2,200 and attract capital during macro 
headwinds suggests strength beneath the surface. For altseason to truly 
ignite, ETH must break out of its current range and push decisively into 
higher territory. Until then, traders and investors continue to watch closely, 
knowing that once the breakout happens, it could shift the entire market cycle 
forward. Related Reading: Ethereum Holds Critical Long-Term Channel – Next 
Move Could Be Parabolic ETH Consolidates Below 200-Day SMA Ethereum is 
currently trading at $2,427, consolidating below the key 200-day simple moving 
average (SMA) at $2,544. After bouncing off support near $2,200 earlier this 
month, ETH has managed to hold above the 100-day SMA ($2,167) and regain some 
structure. However, the price remains capped by a cluster of resistance 
levels, including the 50-day SMA ($2,534) and the 200-day SMA, both of which 
are converging near $2,540—a critical zone for bulls to reclaim. The chart 
shows that Ethereum has been trading within a broad range between $2,200 and 
$2,800 for several weeks, reflecting indecision in the market. The failure to 
break through the $2,800 zone earlier in June has kept ETH in a sideways 
pattern. Volume has also declined, suggesting caution among traders as ETH 
tests this tight band of resistance. Related Reading: Bitcoin Forms 4-Year 
Inverse H&amp;S Pattern – Neckline Break Could Send It Parabolic A strong daily 
close above the $2,540–$2,550 region could confirm a bullish breakout and 
reignite momentum toward the $2,800 level. On the downside, a drop below 
$2,300 would weaken the current setup and expose Ethereum to further losses. 
Featured image from Dall-E, chart from TradingView