Bitcoin is showing signs of strength heading into July, with low volatility, steady demand, and historical trends suggesting the price could soon make a sharp move higher. A July 4 report from Matrixport suggests that if seasonal trends continue and…

Analysis: Bitcoin could reach $120K in July amid BTC market maturity

Polygon price has been in a free fall this year and is approaching its year- 
to-date low. Polygon (POL) dropped to a low of $0.1800 on Friday, July 4, down 
over 76% from its highest point this year. This decline has…

Polygon flips Ethereum in key metric: POL price eyes breakout

Ethereum is trading above the $2,500 mark but continues to struggle with 
strong resistance near $2,600, a key level that has capped further upside in 
recent sessions. After gaining over 23% since June 22, ETH has shown signs of 
strength, reclaiming crucial levels and riding the wave of market-wide 
optimism. However, as the broader crypto market stalls, Ethereum’s momentum 
appears to be slowing down. Related Reading: Litecoin Surges Past Descending 
Resistance – Bulls Target $97.10 Level The bullish impulse that drove ETH 
higher in late June is now meeting headwinds. Despite holding above important 
moving averages and maintaining a short-term uptrend, Ethereum has failed to 
break decisively above the $2,600 barrier. Analysts warn that a failure to 
reclaim this level with strong volume could lead to a short-term correction. 
Top analyst Carl Runefelt shared insights indicating a potential bearish setup 
on the 4-hour chart. According to Runefelt, Ethereum is forming a pattern that 
could lead to a pullback toward lower demand zones if momentum continues to 
fade. The coming days will be critical, as bulls attempt to maintain control 
while bears eye an opportunity to reclaim short-term dominance. Ethereum Faces 
A Critical Level Ethereum is approaching a crucial juncture following a week 
marked by volatility and renewed bullish momentum. After reclaiming the $2,500 
level and rising over 23% since June 22, ETH has regained the attention of 
investors. However, the rally now faces a critical test: breaking above the 
$2,700 resistance level. A successful move above this threshold could ignite a 
broader altcoin rally, as Ethereum often acts as the leader for the altcoin 
market. Market sentiment remains cautiously optimistic, with bulls appearing 
to control short-term price action. Ethereum is trading above key moving 
averages and remains structurally bullish on higher timeframes. Yet, price has 
stalled just below the $2,600–$2,700 zone—a key supply area that must be 
flipped into support to confirm the next upward leg. A clean breakout could 
propel ETH into a new price range, allowing other altcoins to follow and break 
above their own resistance levels. Carl Runefelt cautions that Ethereum is 
currently forming a rising wedge pattern on the 4-hour chart—a potentially 
bearish setup. If the pattern plays out, ETH could fail to break higher and 
instead fall back toward lower support zones. Runefelt points to the $2,200 
level as a key horizontal support that could be tested if momentum weakens and 
sellers regain short-term control. For now, Ethereum’s price action remains in 
a tight range. A decisive breakout or breakdown will likely define the 
direction of the altcoin market in the weeks ahead. Traders and investors 
alike are closely watching ETH’s next move, as it could set the tone for the 
remainder of the summer crypto cycle. Related Reading: Ethereum Looks Strong 
Despite Volatility – $10,000 Price Target Gains Momentum ETH Price Analysis: 
Key Resistance At $2,600 Ethereum’s price action continues to reflect a tug- 
of-war between bulls and bears as it hovers around the $2,550 level, just 
under the critical resistance at $2,600. After reclaiming that level briefly, 
ETH failed to hold its gains and pulled back slightly, suggesting sellers 
remain active at this zone. The chart shows Ethereum forming a lower high in 
the near term, raising short-term caution among traders. The 50-day and 
100-day simple moving averages are now converging around $2,500–$2,530, acting 
as immediate support. As long as ETH holds above these levels, the medium-term 
outlook remains constructive. However, any sustained drop below these moving 
averages could invite additional downside pressure, possibly dragging the 
price back toward the $2,400 range or even testing the 200-day SMA near 
$2,180. Related Reading: Bitcoin Bounces Off Key Demand Level – Price 
Discovery On The Menu? Volume has remained moderate, showing that neither side 
has taken full control. Until ETH decisively breaks above $2,600 and flips it 
into support, the uptrend remains unconfirmed. The next key resistance sits at 
$2,700. Conversely, a rejection from current levels could indicate the 
formation of a range-bound structure or a rising wedge breakdown, as some 
analysts like Carl Runefelt suggest. Featured image from Dall-E, chart from 
TradingView

Ethereum Forms Rising Wedge Pattern – $2,200 Support Back In Focus?

Increasing US regulatory clarity is enabling more traditional finance 
participants to seek out decentralized financial solutions.

US Senator Lummis’s crypto tax relief plan fuels DeFi momentum: Finance Redefined

A governance vote to make WLFI tokens tradable is underway and will reveal 
whether the project is truly community-driven. But the bigger question is 
whether early backers are ready to cash in, or hold tight, as the team’s 
holdings remain…

Trump’s crypto project WLFI faces its first real decentralization stress test

In an exclusive interview with Cointelegraph, Ethereum Foundation Co-Executive 
Director Tomasz Stanczak shares rare insights on Ethereum’s future and 
challenges.