Todas Atividades

XRP’s market dominance may be on the verge of a historic breakout, with analyst Cryptoinsightuk (@Cryptoinsightuk) suggesting the token could command as much as 30% of the entire crypto market cap in this cycle—representing a fivefold surge from current levels. 30% XRP Dominance? The bold projection stems from an emerging bullish structure on the XRP dominance chart, reinforced by a key technical signal: the three-day Relative Strength Index (RSI) has broken its multi-year downtrend for the first time since XRP’s last local highs. This shift, visible on the attached chart, signals a significant change in market dynamics, potentially marking the beginning of a new accumulation-driven expansion. The analyst argues that XRP dominance has completed a textbook Wyckoff accumulation pattern. “We’ve pretty much completed a Wyckoff accumulation pattern, and I would argue we’re nearing the end of Phase D and about to enter Phase E,” they noted. According to the Wyckoff method, Phase E represents the breakout phase, where assets typically enter strong markup periods after prolonged accumulation. This interpretation is supported by a side-by-side comparison of the theoretical Wyckoff schematic overlaid directly on XRP dominance price action. The analyst specifically points to the recent “Last Point of Support” (LPS) as confirmation that XRP is transitioning toward breakout territory, having already completed the “Spring” phase—a final shakeout that traps late sellers before a sustained rally. “If that’s correct, we should see significant upside in XRP dominance,” the analyst continued, adding that the signal is particularly meaningful when viewed on the three-day timeframe, which filters out short-term noise and emphasizes broader cyclical trends. In terms of concrete targets, the analyst acknowledges that consensus among market participants remains modest, with many expecting a peak in XRP dominance around 14%. However, CryptoInsightUK argues this is a gross underestimation of potential upside in the event that XRP reclaims narrative leadership in the crypto space. “I believe we could push as high as 20%. There’s even a possibility we reach broader capital inflows accompanying a Bitcoin breakout to new all-time highs. Many are calling for a top around 14% dominance, but I believe we could push as high as 20%,” the analyst wrote. “There’s even a possibility we reach 30%, though I’m personally targeting the 20% zone, which would represent a 5x increase in dominance from current levels.” XRP’s current market dominance sits below 6%, making the analyst’s 20–30% target not just ambitious but transformative. It would mark the first time since the early XRP rally days in 2017 that XRP commanded such a share of the crypto market. The broader context driving this thesis is the possibility of a liquidity-driven crypto cycle, catalyzed by Bitcoin achieving new highs and investor capital rotating into alternative assets. “If this coincides with Bitcoin breaking out to new all-time highs and broader capital flowing into the market, I believe we could witness a major price expansion for XRP—one that few are currently expecting,” the analyst added. At press time, XRP traded at $2.28.

Like lithium and cobalt, nickel prices have been on a wild ride since forecasts of electric vehicle demand for battery materials first entered the stratosphere and duly came back to earth. In March 2022 two “big shots” of the metals trading world – Paul Singer of hedge fund Elliot and Xiang Guangda of Chinese nickel giant Tsingshan – faced off over short positions that led to a spike above $100,000 per tonne in a matter of minutes. Over $12 billion in cancelled trades, lawsuits and a rethink of nickel trading on the LME ensued but the effect on the ground was short lived and limited. Nickel sulphate entering the EV battery supply did reach more than $30,000 a tonne (on a 100% Ni basis) at the time but since then have been on a steady decline, averaging around the $17,000 a tonne mark in the second quarter of this year. But compared to the lithium price trajectory nickel investors have had it relatively easy. Lithium prices have been decimated since reaching a peak less than three years ago with prices slumping to $8,450 a tonne in June from above $80,000 in November 2022. Pairing average prices with metal deployment in the EV industry shows that while the riches at the end of the EV road have not quite materialised, battery nickel remains an investable space as the graph shows. The value of terminal lithium tonnes deployed in EVs, including plug-in and conventional hybrids, sold around the world from January through May totalled $2.15 billion. Data from Toronto-based research consultants Adamas Intelligence shows the EV battery nickel tally so far this year comes to $2.20 billion. And that is despite the significant move towards nickel-free batteries such as lithium iron phosphate or LPF and the significant cooling of nickel prices at the same time. LFP batteries are close to representing half of EV battery capacity deployed so far this year from less than 1% share at the beginning of the decade. For more graphs covering the battery metals market check out the latest issue of the Northern Miner print and digital editions. * Frik Els is Editor at Large for MINING.COM and Head of Adamas Inside, providing news and analysis based on Adamas Intelligence data.

Overview: After last week's US jobs data and anticipation of a firm CPI reading next week, US interest rates have firmed, and the dollar begins the new week on a firm note. Meanwhile, US tariff letters from the White House may begin being delivered today. Initially, it was signaled that some letter would go out before the weekend. In any event, July 9 may have lost some of its sting as the reciprocal tariffs are now said to go into effect on August 1. The US has struck deals with UK, Vietnam, and partially with China. Several Asian countries are thought to be close to deals. The greenback is firmer against all the G10 currencies, but the Swedish krona, which was underpinned by the stronger than expected preliminary June CPI. The US dollar is also trading firmer against nearly all the emerging market currencies. After falling by almost 0.3% last week, the MSCI Asia Pacific Index traded heavily earlier day. Nearly all the large bourses in the region slipped. South Korea and Singapore were notable exceptions. Europe's Stoxx 600 fell nearly 0.5% last week and is firm today. US index futures are softer, with the S&P futures off almost 0.5% and the Nasdaq futures down around 0.6%. Benchmark 10-year yields are mostly 1-2 bp higher in Europe. UK 10-year Gilts are unwinding more of last week's jump and the yield is off 1.5 bp. Swedish bonds have been punished by the higher inflation read and are up over five basis points. The 10-year Treasury is firm near 4.35%. The US sellers $58 bln three-year notes tomorrow, $39 bln 10-year notes on Wednesday and $22 bln 30-year bonds on Thursday. Gold is about 0.8% lower, trading near a five-day low below $3310 in Europe. August WTI initially fell on the OPEC+ 548k barrel a day increase in output in August (up from 411k barrel increases in May-July). It found bids slightly below $65.50 after gapping lower and is now back into last Thursday's range, near $67.00. USD: The Dollar Index traded in an exceptionally narrow range ahead of the weekend (~96.85-97.10). The multiyear low set last week was a little above 96.35. It breached 97.40 after the better-than-expected jobs data but did not sustain the upside momentum. It is knocking on the area in the European morning. A move above the 97.55 area could spur a move toward 97.90, where the 20-day moving average is found. DXY has not settled above the 20-day moving average since May 19. The US has a light economic diary this week. After the stronger than expected employment data, it will be hard to rebuild any meaningful speculation of a hike later this month. The focus is on the tariff letters, some of which may be delivered today. Treasury Secretary Bessent and Commerce Secretary Lutnick have suggested the July 9 deadline was extended to August 1. And a firm CPI reading next week may lead to more doubts about a September cut. The US 10-year yield slipped below 4.20% on July 1, a two-month low and recovered to almost 4.36% ahead of the long holiday weekend. Near-term risk may extend to 4.45%-4.50%. The US two-year yield rose from slightly below 3.70% to 3.90% after the employment report. There looks like potential back to 4.0% if not slightly above. EURO: The euro set its multiyear high last week near $1.1830. It is consolidating and fell slightly below $1.1720 after the US jobs data. It is posting an outside day, trading on both sides of last Friday's range. The consolidative phase could morph into a correction on a break of $1.1685, arguably encouraged by the wider US interest rate premium. The eurozone reported the one notable release this week earlier today. May retail sales fell by 0.7%, nearly offsetting in the full the cumulative monthly prints in the first four months of the year (0.9%). The June composite PMI rose to a three-month high, but consumption seems to be struggling, though that is a larger economic category than retail sales. The reason many economists expect the eurozone economy to have stagnated in Q2 after expanding by 0.6% in Q1 stems from less government spending not consumption. German factory orders disappointed before the weekend (-1.4% month-over-month vs 0.2% median forecast in Bloomberg survey), but the upward revision in the April series (1.6% from 0.6%) offered compensation. However, earlier today, German reported a 1.2% surge in May industrial output after a revised 1.6% decline in April (initially -1.4%). It rose by a cumulative 2.6% in Q1. CNY: The dollar held barely above CNH7.15 last week and in the recovery on the back of the employment data, reached about CNH7.1740. It has edged up to about CNH7.1785 today to take out the 20-day moving average for the first time in two weeks. The next nearby target is around CNH7.1925. The PBOC set the dollar's reference rate at CNY7.1506, a new low since last November (CNY7.1535 before the weekend and CNY7.1586 last Monday). This week's main economic report from China is Wednesday's price data. China may end a four-month period in which CPI had fallen on a year-over-year basis. It has been down 0.1% year-over-year, March through May, and may be flat in June. The disinflation in goods prices may not be so much a function of demand as it is over-investment and the market-share focused competition. The decline in food prices does not appear to have been triggered by a decline in demand. More assuredly than CPI ending a deflationary phase is that producer prices remain mired in its. The last time Chinese producer prices rose on a year-over-year basis was September 2022. Even if it moderates to -3.2% from -3.3% as the median forecast in Bloomberg's survey projects, it would be the second lowest print since July 2022. JPY: The dollar reached a five-day high against the Japanese yen after jump in US rates in response to the June US jobs report. The gains have been extended today to almost JPY145.50, to meet the 50% retracement (~JPY145.35) of the greenback's slide since the June 23 high. The next retracement (61.8%) is near JPY146. That seems reasonable provided the JPY143.50-65 support area holds. Ahead of the weekend, Japan reported a 4.7% year-over-year surge in household spending (-0.1% in April). It was nearly 4x more than the median forecast in Bloomberg's survey. Earlier today, Japan reported a disappointing 1% rise in labor cash earnings in May from a year ago. The median forecast in Bloomberg's survey was for a 2.4% rise. Last May they had risen by 2%. However, when adjusted for inflation, real earnings were 2.9% below May 2024, when they had fallen by 1.3%. Japan reports May's current account tomorrow. The May surplus is expected to have widened, as it has for four of the past five May's. That said, the trade deficit may have widened. The trade balance typically deteriorates in May (16 times in the past 20 years). The median forecast in Bloomberg's survey is for a JPY524.4 bln deficit after a JPY32.8 bln shortfall in April. The swaps market sees virtually no chance of a rate hike at the BOJ meeting at the end of the month and has about 12 bp of tightening discounted before the end of the year. GBP: Sterling peaked last week near $1.3790, the best level since October 2021. The political drama drove it slightly below $1.3565 a day later. This met the (50%) retracement objective (~$1.3580) of the rally from the June 23 low (~$1.3370). It consolidated in the last two sessions and has approached last week's lows today. The next retracement (61.8%) is closer to $1.3530, and provided it holds below the $1.3700 area, it seems to be a reasonable initial target. In an otherwise quiet economic diary for the UK, the highlight is the May GDP report at the end of the week. It follows a 0.3% contraction in April. Economists will be looking for confirmation that after a 0.7% quarterly expansion in Q1, UK growth slowed to around 0.2% in Q2. CAD: The greenback came within spitting distance of the year's low against the Canadian dollar set in mid-June near CAD1.3540. It reached nearly CAD1.3555, last week's low after the US jobs report on July 3. The US dollar stalled and recovered to about CAD1.3615 before the weekend. It has extended its gains into the CAD1.3685 area today. In the CAD1.3650-60 area, the greenback met the (38.2%) of the US dollar's fall since June 23 and the 20-day moving average. The (50%) retracement is a little above CAD1.3700. The Ivey PMI, on tap today, typically does not elicit much of a market reaction, and it will likely confirm what we already know. The Canadian economy is struggling and might have contracted in Q2. The data highlight of the week comes at the end in the way of the June jobs report. It will likely what a continued slowing of the labor market. Canada added about 60.5k jobs in the first five months of the year compared with a 165.5k in the Jan-May period last year. Of those jobs, almost 43k this year have been full-time positions. In the same year ago period, Canada added 55.5k full-time jobs. The unemployment rate has risen to 7% in May from 5.70% in January 2024 and 6.3% last May. AUD: The Australian dollar ran into determined sellers as it approached $0.6600 last week. It buckled today; taking out $0.6535 and nearing the (61.8%) retracement of its rally since the June 23 low found near $0.6480. The focus is on tomorrow's central bank decision. The futures market seemed fickle last Tuesday and Wednesday and shied away from a rate. However, confidence was regained in the last two sessions. A cut is nearly fully discounted again. A quarter-point cut brings the cash rate target to 3.60%. The futures market is pricing in a year-end rate near 3.05%. New Zealand's central bank meets on July 9. The swaps market sees about a 13% chance of a hike. If there is a surprise, it will be that the RBNZ cuts. It has already cut 100 bp this year, after 125 bp last year. Its cash rate target is 3.25%. Inflation looks stable at around 2.5% and growth looks to have slowed after the 0.8% quarterly expansion in Q1. The labor market is colling. Swaps are implying almost a 70% chance of a cut at the next meeting (August 20). The break of the $0.6030 area, last week's low and the (38.2%) of the rally from June 23 has already sent the New Zealand dollar through the (50%) retracement (~$0.6000) and targets the (6.18%) target near $0.5975. MXN: The US dollar recorded a bearish outside session despite the employment report and firmer US rates. It traded on both sides of Wednesday's range and settled below Wednesday's low. Follow-through selling before the weekend saw the greenback slip a little closer to the MXN18.60 target as it continued to fray the lower Bollinger Band (~MXN18.60 today). The next target on a break of MXN18.60 may be near MXN18.40. The dollar has come back bid today and it is trading near MXN18.73 in European turnover. Initial resistance is seen in the MXN18.80-83 area. Mexico starts the week with June auto/light truck production and export figures. May production rose by nearly 11% to 358.2k, leaving it off nearly 30% from May 2024. Yet the average through the first five months is nearly the same as the Jan-May 2024 period. In May, vehicle exports jumped almost 17.2% to 301.1k vehicles (yes, 84% of output was exported). Exports have fallen considerably less than production and are off 18% in the first five months year-over-year. The market will give more attention to the CPI. Headline and core most likely remained above the 4% upper end of the target range, but if it appears to be accelerating, it may boost the chances that after four half-point cuts, the central bank may stand pat at the next meeting on August 7. Disclaimer

Ethereum is trading above the $2,500 level, showing notable strength despite recent volatility across the broader crypto market. Since early May, ETH has been trapped in a consolidation range between $2,400 and $2,700, struggling to establish a clear trend as both bulls and bears wait for confirmation. However, recent price action suggests growing momentum, with bulls maintaining control above key support zones. Top analyst Carl Runefelt shared a technical analysis pointing to a decisive moment ahead for Ethereum. According to Runefelt, a breakout above the $2,700 resistance level is essential to ignite an impulsive move toward higher levels. Without that breakout, ETH risks remaining range-bound or revisiting lower demand zones. The current market structure, combined with positive sentiment surrounding altcoins and growing institutional interest in Ethereum, contributes to the optimism. Still, the coming days will be critical. A sustained move above $2,700 could open the door for a rally toward $3,000 and beyond, while failure to break out may delay Ethereum’s next major leg up. As Bitcoin trades just below its all-time highs, Ethereum’s next move could also determine the short-term trajectory for the altcoin market at large. Ethereum Leads Altcoin Recovery Altcoins have been stuck in a prolonged bear market since 2022, with many tokens still trading well below their all-time highs. Amid this challenging backdrop, Ethereum has emerged as the leader of a potential recovery. Since its April lows, ETH has more than doubled in price, surging over 100% and reclaiming key support levels above $2,500. This sharp rebound suggests that a new bullish phase for Ethereum—and potentially the broader altcoin market—could be in the early stages. However, the optimism is tempered by growing macroeconomic risks. Recent U.S. data has raised concerns about systemic fragility, with rising Treasury yields and persistent inflation fueling uncertainty across risk assets. Investors remain cautious as higher yields could limit liquidity flows into crypto, particularly into speculative altcoins. According to Carl Runefelt, Ethereum’s price structure is approaching a critical point. He highlights that ETH is currently trading within a rising wedge pattern—a bearish formation that often precedes a sharp pullback. Runefelt warns that if Ethereum fails to break decisively above the $2,700 resistance level soon, the price may reject and fall toward lower support, potentially leading to a drastic correction. For now, Ethereum remains range-bound between $2,400 and $2,700. A confirmed breakout above the upper boundary could fuel continued bullish momentum and trigger a broader altcoin rally. But failure to hold current levels, especially with bearish macro pressure building, could signal that the recent gains were a temporary relief rally. Ethereum’s next move will likely define the near-term direction for the entire altcoin sector. ETH Faces Key Resistance Amid Rising Momentum Ethereum is showing strength as it trades at $2,574.70, gaining over 2.2% in the last session. As shown in the 3-day chart, ETH has remained range-bound since early May, fluctuating between the $2,400 support and the $2,700 resistance. The latest move above the 50-day and 100-day simple moving averages (SMAs), currently at $2,226 and $2,644, respectively, signals growing bullish momentum. However, Ethereum still faces a significant challenge near the 200-day SMA, currently sitting at $2,791, right below the critical $2,800 liquidity level. The price has tested this resistance zone multiple times without success, suggesting that a strong breakout above $2,700–$2,800 is needed to initiate an impulsive move higher. Volume remains stable, and ETH’s ability to hold recent gains hints at continued accumulation, but a lack of decisive follow-through could signal buyer exhaustion. If bulls manage to reclaim $2,800, it would open the door toward $3,000 and confirm a breakout from the multi-month range. On the downside, a failure to hold $2,500 could trigger a drop back toward $2,400 or even $2,200 if broader market conditions deteriorate. For now, ETH remains in a pivotal zone, and its next major move will likely determine broader altcoin momentum. Featured image from Dall-E, chart from TradingView

Technical analyst Kevin, better known on X as @Kev_Capital_TA, rekindled debate over Dogecoin’s market structure on Sunday when he urged traders to ignore the “non-stop TA on DOGE for engagement purposes” and to concentrate on the two signals that have guided the meme-coin’s price for more than two years. “Not much has changed for Dogecoin here,” he wrote. “Don’t let the other analysts on this platform flood you with non stop TA on DOGE for engagement purposes. We know what to watch for here.” Dogecoin’s Fate Hinges On This Kevin’s view hinges on the weekly chart he posted on 26 June. At that time, Dogecoin (DOGE) was hovering near $0.166—and, according to his chart, sitting directly on an ascending support cluster that has defined every major move since the 2022 bear-market washout. “Looking at Dogecoin on the weekly time frame,” he said, “you can see that ever since the bear market breakout on the weekly RSI back in 2022, any time DOGE has hit that level again—which has happened five times now—Doge has gone on to see major bounces. A failure of this weekly RSI level along with a failure of the $0.143-$0.127 level would be the line in the sand between longer term bearish price action or continued bull.” The chart shows Dogecoin sitting just millimetres above a confluence of the green 0.382 Fibonacci retracement ($0.13778), the upper boundary of a falling trend line that has been in force since May 2021 and the weekly 200 SMA and EMA. Previously, Kevin stated via X: “Weekly 200 SMA and EMA are must holds for Dogecoin along with the macro .382 and down trending support.” Beneath lies the horizontal “line in the sand” at $0.143-$0.127—a zone Kevin has ring-fenced with bold yellow trend lines. Below the price pane, the weekly Relative Strength Index tells an equally focused story. Kevin has drawn a white band just above the 40-line; the yellow RSI profile has now tapped that band five times. Each tag coincided with a price trough circled in orange on the main chart. The oscillator’s simple moving average (plotted in magenta) has curled below 50 but remains above the 40-support, keeping the pattern intact. Overhead, Kevin’s chart maps a hierarchy of Fibonacci checkpoints: the 0.5 retracement at $0.18988 (red), the tightly stacked 0.618 ($0.26169) and 0.65 ($0.28548) (yellow), and the 0.786 ($0.41317) (blue). Two large violet supply boxes—one between $1.00 and $1.30 and another around $2.20 and $2.70—represent possible bull run targets. Kevin refrains from forecasting how quickly those zones might come into play, emphasising instead that holding the current support cluster is the single prerequisite for any higher-time-frame bullish thesis. The analyst also zoomed out to the broader digital-asset landscape in a Sunday follow-up. “The biggest moves for #Altcoins have yet to occur,” he argued, tying potential break-outs to macro-economic easing. “If the macro leads us to further easing and the market sniffs that out … then the ingredients will be in place for a massive move higher on Alts. Altcoins have always required the proper ingredients to make a sustained out-performance over #BTC for months. We’re closer than many understand; we just need a few more things to fall into place.” For now, Kevin’s message is stripped to its essentials: watch the weekly RSI band and the $0.143-$0.127 price shelf. As long as both survive, the chartist sees no reason to overhaul his structural bias—no matter how crowded the Dogecoin commentary stream becomes. At press time, DOGE traded at $0.172.

The XRP price has been holding on pretty tightly to its support level above $2.2 and continues to be a major level of pushback for the bears. This has shown that buyers are beginning to make a comeback at this level amid predictions that it will be the bounce point for the next rally. Regardless of this, a crypto analyst still believes that this support remains at risk as bears continue to push down on the price, and the result could be a major price crash from here. XRP Price Could Stage A Classic Bear Trap While there has been some recovery in the crypto market and, by extension, the XRP price, there has not been enough momentum to show that this is a sustained increase. This is something that crypto analyst MyCryptoParadise alludes to in their latest analysis, warning that it is possible that the digital asset might end up seeing a classic bear trap. The reason behind this is the fact that there have been a number of bearish developments on the XRP price chart that suggest that the price is likely to go down. For one, a Change of Character toward the more bearish side puts sellers in the lead, and this usually signals the start of a bearish downturn. Another development that has rocked the altcoin is an inverse Cup and Handle pattern that is still in the process of playing out. The crypto analyst also explained that these developments, in addition to the break below the key support trendline, suggest that a crash is coming for the XRP price. From here, bears are already applying pressure that could result in a 10% crash. This would push the cryptocurrency back toward the previous support, and according to the analyst’s chart, this lies just above the $2 level. What this means is that a crash from here also puts the altcoin at risk of falling below $2, something that would be incredibly bearish and could lead to freefall. Wait For Confirmation Before Moving MyCryptoParadise outlined that the best way to play this analysis is to wait for confirmation. With the bearish thesis, they explain that it is best to wait for the XRP price to see a “proper pullback” before they enter the market. This would increase the risk-to-reward ratio after the trend direction has been confirmed. However, there is also the possibility that the XRP price does not crash from here and that lies at the $2.28 level. The analyst explained that if the price is able to cleanly break above this level and make a successful close above $2.28, then it would invalidate the bearish thesis and mark a continuation of the uptrend. “In such a case, it’s better to stay patient and wait for clearer price action before making any decisions,” the analyst said.

Most major Asia Pacific equity indices started the week on a weaker note, as investors turned cautious ahead of the expiration of the White House’s 90-day pause on higher global reciprocal tariffs (excluding China), scheduled for Wednesday, 9 July. close Fig 2: GBP/USD minor trend as of 7 July 2025 (Source: TradingView) Fig 2: GBP/USD minor trend as of 7 July 2025 (Source: TradingView) The GBP/USD has failed to make any significant recoveries since last Wednesday, 7 July, dramatic intraday decline of -150 pips to a 6-day low of 1.3563 on the onset of a possible replacement of UK Chancellor Reeves. Thereafter, the sterling pound has managed to bounce after a retest at 1.3570 (also the 20-day moving average) against the US dollar, but the hourly RSI momentum indicator has continued to flash out bearish momentum conditions since 4 July (see Fig 2). These observations suggest a potential minor corrective decline sequence within its medium-term uptrend phase. Watch the 1.3670/3690 key short-term pivotal resistance, and a break below 1.3570 exposes the next intermediate support at 1.3470 (also the 50-day moving average) On the flip side, a clearance above 1.3690 invalidates the bearish scenario to kickstart another bullish impulsive up move sequence for the next intermediate resistances to come in at 1.3800/3830 and 1.3870. Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © {CURRENT_YEAR} OANDA Business Information & Services Inc.

Australian miner South32 (NYSE: SOUHY, ASX: S32) has agreed to sell its Cerro Matoso ferronickel mine in Colombia in a deal worth up to $100 million. South32 has entered a binding agreement to divest Cerro Matoso to CoreX Holding, receiving nominal upfront consideration and additional payments of up to $80 million tied to future nickel production and prices, plus up to $20 million for permitting milestones over five years. The deal supports South32’s strategy to streamline its portfolio toward higher-margin metals critical to the green energy transition, bolstering its capacity to invest in copper and zinc. Shares of South32 fell 0.5% to A$3.10 ($2.02) in afternoon trading in Australia following the announcement. The company’s market cap stands near A$14 billion ($9.1 billion). Nickel collapse Nickel producers are grappling with a sharp price collapse fueled by surging output from Indonesia. South32’s nickel production decreased by 6% in the nine-month period ended March 2025 due to lower planned nickel grades. BHP said in July 2024 that it would suspend its Western Australia nickel operations from October, citing a plunge in prices and a global oversupply of the metal. Cerro Matoso, a major open-pit ferronickel operation in Córdoba, Colombia, has been struggling amid structural shifts in the nickel market and falling prices. CoreX, a global industrial conglomerate, will assume all current and future liabilities upon completion. The deal will support CoreX’s strategy of growing its nickel production globally. The company recently acquired Compagnie Minière du Bafing in Côte d’Ivoire, and also owns Golden Eagle Nickel in the Republic of North Macedonia and NewCo Ferronikeli in the Republic of Kosovo. South32 will record a $130 million impairment charge in fiscal 2025 related to the Cerro Matoso sale, though this loss will be excluded from underlying earnings. The deal is expected to close in late 2025, subject to merger approvals and corporate reorganization. (With files from Reuters)

Cardano price started a fresh increase from the $0.5650 zone. ADA is now consolidating and might attempt a clear move above the $0.5925 zone. ADA price started a fresh increase from the $0.5650 support zone. The price is trading above $0.5750 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $0.5760 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could start a fresh increase it clears the $0.600 zone. Cardano Price Eyes Upside Break In the past few sessions, Cardano saw a decent upward move from the $0.5650 zone, like Bitcoin and Ethereum. ADA was able to recover above the $0.5750 and $0.580 resistance levels. The bulls pushed the price above the 50% Fib retracement level of the downward move from the $0.6107 swing high to the $0.5630 low. Besides, there was a break above a key bearish trend line with resistance at $0.5760 on the hourly chart of the ADA/USD pair. Cardano price is now trading above $0.5750 and the 100-hourly simple moving average. On the upside, the price might face resistance near the $0.5925 zone. It is close to the 61.8% Fib retracement level of the downward move from the $0.6107 swing high to the $0.5630 low. The first resistance is near $0.60. The next key resistance might be $0.620. If there is a close above the $0.620 resistance, the price could start a strong rally. In the stated case, the price could rise toward the $0.650 region. Any more gains might call for a move toward $0.6650 in the near term. Another Decline In ADA? If Cardano’s price fails to climb above the $0.5920 resistance level, it could start another decline. Immediate support on the downside is near the $0.5850 level and the 100 hourly SMA. The next major support is near the $0.5650 level. A downside break below the $0.5650 level could open the doors for a test of $0.5450. The next major support is near the $0.5320 level where the bulls might emerge. Technical Indicators Hourly MACD – The MACD for ADA/USD is gaining momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for ADA/USD is now above the 50 level. Major Support Levels – $0.5850 and $0.5650. Major Resistance Levels – $0.5920 and $0.6000.

XRP price started a decent upward move from the $2.20 zone. The price is now showing positive signs and might aim for a move above the $2.285 resistance. XRP price started a fresh increase above the $2.2320 zone. The price is now trading above $2.2320 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with resistance at $2.280 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if it clears the $2.280 zone. XRP Price Faces Resistance XRP price started a fresh increase after it settled above the $2.220 level, like Bitcoin and Ethereum. The price was able to climb above the $2.2320 resistance level. The bulls were able to push the price above the $2.250 level. Moreover, there was a clear move above the 61.8% Fib retracement level of the downward move from the $2.3111 swing high to the $2.197 low. The price is now trading above $2.250 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.280 level. There is also a short-term contracting triangle forming with resistance at $2.280 on the hourly chart of the XRP/USD pair. The first major resistance is near the $2.2850 level. It is close to the 76.4% Fib retracement level of the downward move from the $2.3111 swing high to the $2.197 low. The next resistance is $2.320. A clear move above the $2.320 resistance might send the price toward the $2.350 resistance. Any more gains might send the price toward the $2.40 resistance or even $2.420 in the near term. The next major hurdle for the bulls might be $2.50. Another Decline? If XRP fails to clear the $2.2850 resistance zone, it could start another decline. Initial support on the downside is near the $2.260 level. The next major support is near the $2.2320 level. If there is a downside break and a close below the $2.2320 level, the price might continue to decline toward the $2.20 support. The next major support sits near the $2.150 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.2320 and $2.20. Major Resistance Levels – $2.2850 and $2.320.

📊🇺🇸 Meio do Ano 2025 – Reflexão Estratégica e Alerta para os Investidores ✍️ Por Igor Pereira – Analista de Mercado, ExpertFX School Membro Junior WallStreet NYSE 📅 Chegamos à metade de 2025 É hora de refletir sobre as previsões feitas no início do ano aqui na ExpertFX School, confrontá-las com os dados atuais, e — acima de tudo — nos prepararmos para o que vem pela frente. 🌍 Tarifas, Comércio Global e os Ecos da História Com o retorno de Donald Trump à presidência dos EUA, o mercado inicialmente respondeu com otimismo: promessas de redução de gastos públicos e controle do déficit deram esperança a investidores. Mas a realidade se mostrou diferente. A política comercial rapidamente adotou um tom agressivo, com a reimplementação de tarifas generalizadas contra países como China, México, Canadá e União Europeia. 🚨 Previsão acertada: Alertamos aqui na ExpertFX School, que essas tarifas poderiam levar a uma queda acentuada dos mercados — o que de fato ocorreu (-25%). A reversão só foi evitada devido à rápida reação do Fed, com injeções de liquidez extraordinárias via repurchase agreements, discount window e operações overnight. 🏛️ Uma nova “Grande Depressão” à vista? O prazo final imposto por Trump para os acordos comerciais está próximo. Caso os acordos não avancem, os EUA podem aplicar tarifas superiores às da era Hoover em 1930, que contribuíram fortemente para a Grande Depressão. ❗Essas medidas não apenas prejudicam o comércio internacional, mas: Desorganizam cadeias globais de suprimento, Aumentam os custos para empresas e consumidores, Reduzem a competitividade das exportações, E podem levar a uma recessão global sincronizada. 📉 Indicadores Econômicos Já Estão Sinalizando Dano Desemprego em alta: 📈 Mais de 2 milhões de americanos estão recebendo seguro-desemprego — alta de 9% desde janeiro. A média móvel de pedidos iniciais também segue em trajetória ascendente. Setor industrial em retração: A perda de demanda externa reduziu o ritmo das fábricas. 📉 Desemprego no setor manufatureiro subiu 19% desde fevereiro – a maior alta setorial em um ano que prometia ser de recuperação. Déficit comercial em expansão: Em junho, o déficit saltou de US$ 60 bi para US$ 71 bi em um único mês. O principal fator? Exportações caíram -4% m/m, com represálias comerciais dos parceiros atingidos por tarifas. 🛡️ Como Proteger o Portfólio Agora ✅ Ouro: Nossa recomendação desde os US$ 2.070/$2.200/$2.600/$2.800/onça no Clube ExpertFX se provou acertada, "talvez" seja a hora de rever os estudos macroeconômicos com os países dos BRICS forçando ou não a desdolarização. Trump ganhará novamente? Hoje, o ouro supera os US$ 3.300, batendo o desempenho dos principais índices de ações. O movimento é sustentado por: Risco sistêmico elevado, Deficit comercial. Busca por proteção real contra inflação, Acúmulo silencioso por bancos centrais (como o PBoC). A situação de tarifas pode geopoliticamente mover em grande parte o ouro nos próximos 6 meses. 📈 Bolsa em bolha: O S&P 500 opera em 30x lucros, mais caro que: O pico da bolha da Nasdaq em 2000 (27x), O auge pré-crise de 1929 (19x). 📉 Historicamente, tais níveis resultam em retornos negativos nos 3-5 anos seguintes, por reversão à média. 🔮 Conclusão: Prepare-se para o cenário que se desenha O cenário geopolítico e econômico indica: Risco elevado de recessão caso tarifas avancem; Bolsa em patamares perigosos, com valuations insustentáveis; Setores industriais e exportadores pressionados por custos e queda na demanda; Ouro e ativos reais devem seguir como porto seguro, mesmo após uma correção descendente. 🧭 A estratégia agora deve ser baseada em ativos sólidos, leitura macroeconômica disciplinada e gestão ativa de risco. 📌 Acompanhe o Clube ExpertFX para alertas em tempo real sobre: Ações do Fed, Dados de emprego, Progresso nas negociações comerciais, Fluxos institucionais no ouro. Análises realistas.

Ethereum price started a fresh increase above the $2,520 zone. ETH is now back above $2,550 and might soon aim for more gains. Ethereum started a fresh increase above the $2,550 level. The price is trading above $2,565 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $2,520 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains supported above the $2,520 zone in the near term. Ethereum Price Eyes More Gains Ethereum price started a fresh increase above the $2,520 zone, like Bitcoin. ETH price gained pace for a move above the $2,550 resistance zone and entered a positive zone. The bulls were able to push the price above the 50% Fib retracement level of the downward move from the $2,636 swing high to the $2,475 low. Besides, there was a break above a key bearish trend line with resistance at $2,520 on the hourly chart of ETH/USD. Ethereum price is now trading above $2,565 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $2,600 level. It is close to the 76.4% Fib retracement level of the downward move from the $2,636 swing high to the $2,475 low. The next key resistance is near the $2,620 level. The first major resistance is near the $2,650 level. A clear move above the $2,650 resistance might send the price toward the $2,720 resistance. An upside break above the $2,720 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,750 resistance zone or even $2,800 in the near term. Another Decline In ETH? If Ethereum fails to clear the $2,600 resistance, it could start a fresh decline. Initial support on the downside is near the $2,550 level. The first major support sits near the $2,520 zone. A clear move below the $2,520 support might push the price toward the $2,500 support. Any more losses might send the price toward the $2,420 support level in the near term. The next key support sits at $2,350. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,520 Major Resistance Level – $2,600

🛑🇺🇸 Trump ameaça tarifa extra de 10% a países que apoiarem políticas do BRICS ✍️ Igor Pereira – Analista de Mercado, ExpertFX School - Membro Junior WallStreet NYSE 🗣️ Declaração Direta da Casa Branca: “Sem exceções” O presidente dos Estados Unidos, Donald Trump, elevou significativamente a retórica contra o bloco BRICS (Brasil, Rússia, Índia, China e África do Sul), ao anunciar nesta sexta-feira a ameaça de uma tarifa adicional de 10% sobre qualquer país que apoiar políticas consideradas “antiamericanas” oriundas do BRICS. 💣 Impacto Geopolítico e Econômico A fala do presidente ocorre justamente no mesmo dia do início da 17ª Cúpula do BRICS, sediada no Brasil, onde temas centrais são a desdolarização global, a integração comercial intra-BRICS, e a criação de uma rede de pagamentos alternativa ao SWIFT, usando moedas locais e ouro como reserva estratégica. Trump foi enfático ao dizer que: ⚠️ O que esperar nos mercados? 📉 Dólar (DXY): a fala pode reforçar demanda por dólar como proteção em meio à escalada de tensões comerciais, principalmente se houver risco de ruptura nos acordos com países como Índia, Turquia e Indonésia. 📈 Ouro (XAU/USD): a ameaça contra políticas pró-ouro dos BRICS pode impulsionar o ouro ainda mais, já que a retaliação pode incluir mais compras físicas por parte dos bancos centrais do bloco. Mas vale cautela se os BRICS não ameaçar tirar o dólar como fonte de moeda e investimentos, o ouro pode entrar em correção descendente. 📉 Ativos BRICS: moedas emergentes e bolsas dos países BRICS devem sofrer pressão vendedora temporária, especialmente se os EUA colocarem esses países como alvos tarifários. O real brasileiro, o rublo russo e o yuan chinês são os mais vulneráveis no curto prazo. 📌 Conclusão: Início de uma nova Guerra Comercial? A fala de Trump marca um ponto de inflexão na política externa dos EUA. O tom de retaliação e a vinculação direta de política comercial com alianças geopolíticas indicam que a próxima fase da guerra comercial global pode estar começando – agora com foco no BRICS. O mercado deve se preparar para: Mais sanções e tarifas unilaterais Reprecificação dos riscos nos ativos emergentes Aumento de compras de ouro por bancos centrais Potencial aceleração dos BRICS em criar alternativa ao dólar 📊 Análise completa sobre os impactos nas commodities, moedas emergentes e ouro será publicada ainda hoje no portal ExpertFX School.

Bitcoin price started a fresh increase above the $108,500 zone. BTC is now consolidating and might aim for more gains above the $110,000 resistance. Bitcoin started a fresh increase above the $108,500 zone. The price is trading above $108,500 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance at $109,350 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if it stays above the $108,350 zone. Bitcoin Price Eyes More Gains Bitcoin price started a fresh increase after it settled above the $107,500 resistance. BTC cleared many hurdles near $108,000 to start a decent increase. The bulls pushed the price in a positive zone above the $108,500 level. The price gained pace for a move above the 50% Fib retracement level of the downward move from the $110,515 swing high to the $107,299 low. Besides, there was a break above a key bearish trend line with resistance at $109,350 on the hourly chart of the BTC/USD pair. Bitcoin is now trading above $108,500 and the 100 hourly Simple moving average. On the upside, immediate resistance is near the $109,750 level. It is close to the 76.4% Fib retracement level of the downward move from the $110,515 swing high to the $107,299 low. The first key resistance is near the $110,000 level. A close above the $110,000 resistance might send the price further higher. In the stated case, the price could rise and test the $112,000 resistance level. Any more gains might send the price toward the $113,200 level. The main target could be $115,000. Downside Correction In BTC? If Bitcoin fails to rise above the $110,000 resistance zone, it could start another decline. Immediate support is near the $108,800 level. The first major support is near the $108,350 level. The next support is now near the $107,250 zone. Any more losses might send the price toward the $106,400 support in the near term. The main support sits at $105,000, below which BTC might continue to move down. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $108,800, followed by $108,350. Major Resistance Levels – $110,000 and $110,500.

🧭 DXY Índice do Dólar, Risco Assimétrico de Reversão Técnica? ✍️ Por Igor Pereira – Analista de Mercado Financeiro | Membro WallStreet NYSE 🔍 Publicado em: www.expertfxschool.com 📊 Visão Geral O índice do dólar americano (DXY) se encontra atualmente testando uma zona de suporte técnico crítica entre 96.50 e 96.90, patamar que atuou como base estrutural nos ciclos de 2018, 2020 e 2023. A cotação atual é 96.97, refletindo um dólar fragilizado frente às majors (EUR, GBP, JPY), com crescente especulação de reversão. 🔍 Estrutura Técnica Atual - atualize seus valores Parâmetro Técnico Valor Preço Atual DXY 96.97 Suporte Crítico 96.50 – 96.60 Resistência-Chave 98.40 RSI (Diário) 33.2 (limite de sobrevendido) MACD (Semanal) Divergência de alta incipiente VIX 16.8 (nível complacente) 🧠 Interpretação Técnica Profunda 1. Suporte Estrutural em Zona de Confluência Técnica A região entre 96.50 e 96.60 coincide com: Fundo de março de 2023 Linha de tendência de longo prazo iniciada em 2014 Média móvel exponencial de 200 semanas Essa zona configura-se como suporte de múltiplas confluências, aumentando a probabilidade de resposta compradora institucional. 2. Divergência Técnica nos Osciladores O RSI diário está abaixo de 35, indicando condição de sobrevendido técnico. O MACD semanal apresenta divergência positiva em relação aos fundos anteriores, sugerindo fadiga vendedora e risco de inflexão bullish. 3. Posicionamento de Mercado Dados do Commitment of Traders (CFTC) mostram o maior volume de contratos vendidos (net short) em dólar desde o Q3 de 2020. Tal excesso de posição unilateral aumenta o risco de short squeeze técnico caso o DXY rejeite a zona de suporte. 🏦 Perspectiva Macroeconômica e Implicações 🔺 Cenário Bullish para o Dólar Riscos geopolíticos persistentes (Irã, China, BRICS) e incertezas fiscais nos EUA podem reacender a busca por liquidez em USD. Expectativas de corte de juros pelo Fed postergadas, diante de inflação persistente no núcleo (core PCE acima de 3.2%). 🔻 Riscos de Continuação Bearish Pressão estrutural por desdolarização (China, Índia, BRICS) Crescimento do déficit fiscal norte-americano e perda de confiança na dívida dos EUA (probabilidade de US$ 38 trilhões em dívida em 2025 segundo Polymarket: 93%) Adoção acelerada de comércio em moedas locais e menor uso do USD em contratos internacionais 📌 Impacto nos Principais Ativos Ativo Impacto se DXY Reverter EUR/USD Retração rumo a 1.15 ou 1.13 XAU/USD Correção até US$ 3.180 ou 3.050 USD/JPY Expansão técnica para 146.00 – 148.20 Criptomoedas Pressão vendedora em BTC e ETH no curto prazo 📌 Se romper o suporte e cair abaixo de 96.50 no diário (D1): Aceleração da desdolarização, especialmente entre países do BRICS. Continuação do rali em commodities precificadas em USD (ouro, petróleo, cobre). Alta de EUR/USD rumo a 1.20 e nova valorização da libra. 🎯 Conclusão Estratégica O DXY está posicionado em zona de suporte estrutural com alto potencial de inflexão técnica. O viés de curto prazo permanece neutro-negativo, porém com risco assimétrico de reversão bullish caso os níveis de 96.50–96.60 sejam defendidos com volume institucional. Traders devem monitorar: Rejeições com volume crescente nessa faixa Dados de payroll e inflação nos EUA Intervenções verbais do Fed ou da Casa Branca sobre política fiscal ou monetária A perda dos 96.50 abriria espaço para aceleração vendedora rumo a 95.10, enquanto uma reversão confirmada acima de 98.40 poderia iniciar novo ciclo de valorização do dólar. 📎 Esta análise faz parte do nosso pacote institucional de leitura macro em vídeos no clube ExpertFX. Para acessar atualizações diárias e relatórios completos, assine Clube ExpertFX.

Despite its choppy price action in the past seven days, the mood in the XRP camp is increasingly bullish. Particularly, XRP is witnessing a wave of bold predictions from several top crypto analysts. This comes just as a major real-world asset tokenization project promises to increase demand and utility for XRP on a global scale by tokenizing $200 million worth of assets on the XRP Ledger. Not Bullish Enough On XRP? Crypto analyst CrediBULL is pushing a bold message to the XRP community: the market is still underestimating the altcoin’s bullish setup. In a post on social media platform X, he noted that XRP is currently going on its eighth month of consolidation above its previous all-time high monthly close, which is a feat that few assets in the market can match. He pointed to this extended sideways movement, especially after a strong impulse off the $0.50 level in late 2024, as evidence that XRP is preparing for a continuation of the breakout. Notably, its monthly candlestick chart shows a tight cluster of monthly candles hovering above the $2.00 range. According to CrediBULL, this structure is one of the cleanest in the crypto space, second only to Bitcoin. Image From X: CrediBULL Another major contributor to the current bullish narrative is an analyst known as Ripple Pundit, who projected a 35,000% price surge for XRP the moment Ripple announces a banking license. In his post on the social media platform, he predicted that a regulatory greenlight and the final resolution of XRP’s regulatory overhang with the SEC could trigger a significant increase in price. Similarly, market commentator SMQKE drew attention to the explosive XRP price surge in late 2017 and early 2018, during which Ripple cofounder Chris Larsen briefly became one of the wealthiest individuals in the world due to XRP’s quick rally from $0.00065 to $2.5. SMQKE noted that the last cycle was merely a glimpse of what’s coming. The next wave of adoption will be global, fully regulated, and built for scale. In his words, “2018 was just a warm-up.” Technical analyst Ali Martinez added further credibility to the bullish case by pointing out the $2.38 level as the next major resistance. This is based on on-chain data from Glassnode’s UTXO Realized Price Distribution (URPD), which shows a significant XRP volume concentrated at this price level. If XRP manages to clear this area with strong volume, it would not only overcome heavy resistance but also trigger a cascade of buying interest and a major rally. Image From X: @ali_charts Mercado Bitcoin Tokenization Deal On XRPL XRP’s underlying utility is also gaining traction beyond price charts and predictions. Mercado Bitcoin, one of Latin America’s largest digital asset platforms, recently announced plans to tokenize over $200 million worth of real-world assets (including fixed income and equity instruments) directly on the XRP Ledger. This initiative supports the bullish thesis for XRP’s price action. At the time of writing, XRP is trading at $2.25, up by 2% in the past 24 hours. Featured image from Pixabay, chart from TradingView

Bitcoin is again in the spotlight as hackers hogged the headlines following a June 30 attack on C&M Software. The breach sent shockwaves through Brazil’s banking system. Hackers slipped into the company that links smaller banks and fintechs to the Central Bank’s PIX platform. In about two and a half hours, they moved roughly 800 million reais—almost $148 million—from reserve accounts at six institutions. One bank, BMP, watched $73.8 million vanish before spotting the fraud. It later recovered about $29.5 million when alarms finally sounded. Hack On Key Payment Node According to Brazilian authorities, the break‑in began when an IT worker at C&M sold his login details for the equivalent of $2,770. Based on reports, he then helped build the system that let attackers pull funds. That inside help turned a simple login into a major hole in the PIX network, which handles instant payments across Brazil. After stealing the credentials, the hackers launched coordinated transfers. They grabbed money from six reserve accounts without tripping any alerts for nearly 150 minutes. BMP’s CEO, Carlos Benitez, said the breach only surfaced when his team spotted odd transactions late on June 30. Bitcoin Used As Exit Route Investigators quickly noticed at least $40 million flowing into Bitcoin, Ethereum and various stablecoins. They traced large sums moving through Latin American over‑the‑counter desks and crypto exchanges. This shift underscores how digital coins can become a convenient escape hatch when traditional firewalls fail. Stablecoins played a big role. Their constant value makes them a favorite for criminal networks looking to dodge swings in price. The Financial Action Task Force recently warned that stablecoins pose growing money‑laundering risks without clear global rules. Bitcoin: Law Enforcement Moves In Within days, courts froze dozens of accounts thought to hold stolen funds. Authorities say they’ve secured about $50 million so far. Still, a large chunk remains unaccounted for, drifting somewhere on blockchains. Steps Taken To Recover Funds Based on reports, the Central Bank cut back C&M’s access to vital systems while officials scrambled to plug the leak. João Nazareno Roque, the accused insider, was arrested on July 3 and remains in custody. No retail customers lost a cent, since only institutional reserves were targeted. This breach shows how one weak link can bring down a big network. Brazil will need tighter checks on insider access, faster fraud detectors and stronger oversight of crypto platforms. Featured image from Cyber Defense Magazine, chart from TradingView

Ethereum’s price action is gearing up for a surge of epic proportions, according to crypto technical analyst MasterAnanda on the TradingView platform. Ethereum has spent a majority of the past two months consolidating above the $2,425 support zone, in what might be an accumulation phase before a major breakout. Nonetheless, MasterAnanda’s analysis suggests that Ethereum is on the verge of entering its strongest bullish wave in years, with a breakout target that starts at $5,791. Ethereum To Break Out To At Least $5,791 MasterAnanda’s weekly candlestick chart shows a large ETH wedge pattern with consistently rising lows from June 2022 to April 2025. On the other hand, price highs have been relatively flat, specifically around the March and December 2024 peaks. Ethereum’s behavior since April has been marked by low volatility and sideways movement, which often precedes large market moves. The most interesting move was when its price dropped to as low as $1,470 on April 9 before quickly rebounding and establishing a rounded bottom formation. Nonetheless, the analyst noted that Ethereum is due a major, major bullish wave. The question is not whether it will happen, but when it will. Now that the current consolidation is sitting right above trendline support, MasterAnanda argues that this formation will soon give way to a powerful bullish wave. The target is a minimum of $5,791, which is based on the 1.618 Fibonacci extension. Interestingly, the analyst noted that it is possible for the Ethereum price to reach $8,500 or higher in the longer term if it breaks above the resistance trendline, which is currently at $4,000. This prediction is backed by improving fundamentals and current on-chain data showing accumulation through Spot Ethereum ETFs. Wyckoff Accumulation Says It’s Ethereum’s Turn Crypto analyst Ted Pillows shared a separate but related analysis on the social platform X that’s based on a Wyckoff accumulation pattern playing out on ETH’s weekly chart. Pillows called the selloff to the $1,470 low in April as the “Spring” phase of Wyckoff accumulation, followed by a successful “Test” of a September 2024 support around $2,145, and the gradual move back to resistance now. According to his projection, Ethereum’s breakout will unfold in stages. The first stage is a push to $3,000, then a correction, followed by a rise to $4,000 in Q3. Only after these steps will the parabolic leg truly begin. The parabolic leg, in this case, should take Ethereum above $5,700, if the price action plays out as predicted. His analysis closely aligns with MasterAnanda’s call for a minimum $5,791 target. Just as the Wyckoff accumulation pattern pumped Bitcoin to its most recent all-time high, Ethereum may be on the verge of its own spotlight moment in this ongoing 2025 bull cycle. At the time of writing, Ethereum is trading at $2,516. Featured image from Unsplash, chart from TradingView

The price of Bitcoin (BTC) has not been particularly impressive over the weekend, which has been a somewhat consistent theme of the cryptocurrency market so far in the year 2025. The premier cryptocurrency continues to hover around the $108,000 mark, showing signs of indecision amongst the investors. With the coin’s indecisive price action, the conversation has been about when the Bitcoin price will return to its all-time high. Interestingly, the latest on-chain data shows that investors are becoming increasingly confident in the long-term promise of the flagship cryptocurrency. Bitcoin Exchange Inflow/Outflow Ratio Below 1: On-Chain Analyst In a July 5 post on the X platform, an on-chain analyst with the pseudonym Darkfost revealed that Bitcoin has continued to flow out of centralized exchanges over the past few months. The online crypto pundit mentioned that this trend reflects the growing confidence of investors in the long term. This on-chain observation is based on the Bitcoin Exchange Inflow/Outflow Ratio 30DMA, a metric that measures the volume of BTC flowing in and out of centralized exchanges over a period of 30 days. A high ratio (>1) indicates more inflows than outflows into exchanges, signaling increased selling pressure for the premier cryptocurrency. On the other hand, a low ratio (<1) implies that more coins are flowing out of rather than into centralized exchanges. When the Exchange Inflow/Outflow Ratio has a low value, it suggests that investors are accumulating and holding their coins in the long term. According to Darkfost, the Bitcoin monthly outflow/inflow ratio recently fell to around 0.9, its lowest level since the bear market of 2023. With the metric now beneath the 1 threshold, it means that Bitcoin exchange outflows are dominant, reflecting a strong and sustained demand on the spot market. The on-chain analyst said: As of today, demand remains present as outflows continue to dominate, with a growing number of long-term holders stepping in. Ultimately, Darkfost believes that the confidence being shown in Bitcoin’s long-term promise is expected, considering the growing adoption by major corporations and governments, most notably in the United States. “BTC is gradually evolving into a store of value, increasingly used to strengthen treasury strategies,” the crypto analyst added. Bitcoin Price At A Glance As of this writing, the price of BTC stands at around $108,103, reflecting a mere 0.3% increase in the past 24 hours.

Grammy‑winning artist Drake has just put out a new track called What Did I Miss? that makes a clear link between his rocky love life and Bitcoin’s wild swings. According to reports, he raps, “I look at this shit like a BTC, could be down this week, then I’m up next week.” That line isn’t just catchy—it’s another sign of how Bitcoin references are moving past finance blogs into hit songs. Adoption Numbers And Hype Based on reports from River, nearly 5% of the world’s population has used or owns Bitcoin so far. That’s a long way from Blockware’s forecast that 10% could be on board by 2030. Those numbers show that while the buzz is loud, real wallets holding Bitcoin remain few. For many, Bitcoin is still a headline rather than a habit. State Level Moves Shift Policy Last month, Texas became the first US state to set up a public Bitcoin stockpile. Governor Greg Abbott signed Senate Bill 21, creating a standalone fund run by state’s comptroller. That setup keeps the reserve out of the normal state treasury, so it can’t be raided for other expenses. A follow‑up bill, HB 4488, cements its legal protection, making sure the fund stays intact no matter what. Not every state has pushed ahead. In May, Florida dropped its crypto legislation, joining Wyoming, South Dakota, North Dakota, Pennsylvania, Montana and Oklahoma in pulling back. Arizona’s House Bill 1025, despite getting farther than any similar measure, was vetoed by US President Donald Trump on May 3. Bitcoin Lyrics Hit Home Drake’s new verse isn’t his first high‑stakes play with crypto. Back in 2022, he put $1 million worth of Bitcoin bet on the Super Bowl. That bold wager grabbed headlines and showed he takes crypto chances seriously. Now, by weaving Bitcoin into his music, he’s giving millions of listeners a taste of what traders already know: prices can swing hard, fast, and without warning. Looking ahead, Drake’s new song and Texas’s reserve show two sides of crypto’s rise. The pop‑culture nods pull attention, while real‑world policies test whether Bitcoin can move from hype into everyday use. If both trends keep climbing, Bitcoin could win more hearts—and wallets—in the years to come. Featured image from Chris Delmas/AFP/Getty, chart from TradingView

Bitcoin started the month of July with a convincing rally to the upside, suggesting a sustained bullish sentiment amongst investors from its performance by the end of June. The upward rally, however, cooled off following the release of positive employment data by the United States. Traders might have expected this data to be typically bullish, but that has hardly been the reality for the Bitcoin price. Nevertheless, a certain investor cohort, as shown by on-chain revelation, has decided to return to the market and bet on the world’s largest cryptocurrency by market capitalization. Retail Investors In, Long-Term Holders Out? In a Quicktake post on the CryptoQuant platform, on-chain analyst Amr Taha highlighted the increasing divergence between retail and institutional behavior in the BTC market. Taha started by pointing out that Binance Bitcoin futures Open Interest (OI) has remained below $11.5 billion. The crypto pundit explained that this price level has been acting as strong resistance, as Bitcoin traders have repeatedly closed positions near this price threshold. Interestingly, these levels are very close to the same price region around which resistance was observed on June 10th. Taha stated that this could mean the bullish momentum is beginning to wane for the flagship cryptocurrency. On another hand, short-term holders (STH), who are typically the retail traders, have increased their exposure to the market by about 382,000 BTC. This can only mean that there has been renewed retail interest in the flagship cryptocurrency. Contrary to the short-term holders’ actions, the long-term holders (LTH) reduced their holdings by an amount similar to the STH exposure. Taha explained that this could be a result of profit taking or risk management within this investor class. In essence, the retail investors are “buying the dip,” while the more experienced are seemingly reducing their risks. Bitcoin Whales Enter Distribution Phase Also supporting the conceived idea of caution in institutions and whales, Taha reported that large holders (holders with over 10,000 BTC) offloaded about 12,000 BTC on the 3rd of July. This kind of move, according to the analyst, signals potential profit taking or perhaps strategic reallocation. Besides what they might signify, large transactions tend to have a substantial impact on market dynamics, as significant amounts of BTC are involved in each trade. However, the large holders were not the only profit takers. According to Taha, mid-sized whales (those holding 1,000-10,000 BTC) also shed some of their holdings. From June 30th, approximately 14,000 BTC were sold by this class. Deducible from these transactions is the idea that the whales seem to be in their distribution phase, either because they anticipate further bearish momentum or await better positioning opportunities. If macro conditions remain favorable, the Bitcoin market could resume its bullish rally, but this ultimately falls on the renewal of larger players’ confidence. For now, the road ahead remains uncertain. As of this writing, Bitcoin is valued at $108,152, with no significant movement in the past 24 hours.

The European Commission is preparing to boost emergency stockpiles of critical minerals amid heightened concern over supply chain disruptions caused by geopolitical conflicts, the Financial Times reported on Saturday. According to a draft EU document seen by FT, the measure presents a safeguard for the 27-nation bloc in “an increasingly complex and deteriorating risk landscape marked by rising geopolitical tensions.” These include conflict, climate change and cyber threats, the document shows. In response, the Commission is advising member states to accelerate work on stockpiling commodities such as rare earth minerals and permanent magnets, which are crucial for energy and defence systems, as well as key items such as cable repair modules. According to an EU executive, nations should also co-ordinate backup supplies of food, medicines and even nuclear fuel. The EU document, which is scheduled for publication next week, cites an ‘‘increased activity from hacktivists, cybercriminals and state-sponsored groups” as the main driver of this high-risk environment, pointing to the potential sabotage of its underwater communication systems and gas pipelines in recent years. There is “limited common understanding of which essential goods are needed for crisis preparedness against the backdrop of a rapidly evolving risk landscape,” the document adds. The initiative marks a shift in Brussels’s approach to strategic resource resilience, targeting vulnerabilities exposed by war in eastern Europe. Last month, the German chief of defence warned that Russia could attack an EU member state within the next four years, Financial Times said in its report. In March, the European Commission unveiled its EU Preparedness Union Strategy, urging member states to build up their supply of critical equipment and encouraging citizens to keep at least 72 hours’ worth of essential supplies in case of emergencies.

Spanish Mountain Gold’s (TSXV: SPA) rescoped preliminary economic assessment (PEA) for its eponymous project in British Columbia’s Cariboo region boosts early cash flows but doubles upfront costs. Based on a 5% discount rate and a $2,450 per oz. gold price, the Spanish Mountain project now has an after-tax net present value (NPV) of C$1.03 billion ($756.5 million) and an internal rate of return (IRR) of 18.2%, according to a statement issued late Thursday. At the spot gold price of $3,300 per oz., the NPV increases to C$2.32 billion with an IRR of 32% and payback of two years. That compares with the 2021 prefeasibility study that pegged the after-tax NPV at C$655 million, the IRR at 22% and capex at C$607 million. The Vancouver-based company estimates it now needs about C$1.25 billion to fund construction of the mine with a 3.4-year payback at the base-case gold price. The updated assessment is a critical step in the company’s transition from exploration to development, president and CEO Peter Mah said Friday. “With over 235,000 metres of drill information, our confidence in the resource quality and proposed mine confirm our strategy to advance the project towards feasibility and ultimately a build decision by 2027,” Mah said in a press release. The project is in the Cariboo region, 70 km northeast of Williams Lake, with existing infrastructure, including the nearby Gibraltar and Mount Polley base metals mines. Osisko Development (TSXV, NYSE: ODV) late last year secured permits for its Cariboo gold project in the same region. Although they dropped 5.6% to C$0.17 apiece Friday in Toronto, giving the company a market capitalization of C$76 million ($55.8 million), Spanish Mountain shares have still gained 55% since early January. Sizeable operation The open-pit mine would produce 3 million oz. gold over a 24.5-year mine life, averaging 203,265 oz. annually in the first five years at an all-in sustaining cost of $1,024 per ounce. The life-of-mine annual production averages 122,041 oz. at AISC of $1,338 per ounce. The deposit hosts measured and indicated resources making up 98.4% of the mill feed, totaling 292.1 million tonnes grading 0.44 gram gold per tonne for 4.2 million oz. gold. Inferred resources add 14.8 million tonnes grading 0.33 gram gold per tonne for 155,000 oz. of metal. Spanish Mountain adopted dry-stack tailings with coarse free-draining tailings to reduce environmental impacts. This approach addresses feedback from local communities and First Nations, reducing disturbance near Cedar Point Provincial Park and fish-bearing waters, the company said. Recent exploration identified gold mineralization extending over 3 km, indicating potential for resource expansion at targets like Phoenix, the company said.

Bitcoin is currently holding just above the $108,000 level and bulls are maintaining momentum after a volatile start to July. However, a closer look at on-chain data shows how fragile that position might be. Interestingly, two support levels, $106,738 and $98,566, are now the most important zones for bulls to defend. These levels represent clusters of addresses holding large amounts of Bitcoin, and losing them could trigger a deeper correction. Bitcoin’s Support Clusters Around $106,000 And $98,000 Taking to the social media platform X, crypto analyst Ali Martinez pointed to two major support levels based on data showing Bitcoin’s purchase clusters. This data is based on Sentora’s (previously IntoTheBlock) In/Out of the Money Around Price metric among addresses that bought Bitcoin close to the current price. As shown by the metric, the most important current zones of purchase are at $106,738 and $98,566. These two zones are where massive buying activity has occurred in the past few weeks, and they could act as support in case of a Bitcoin price crash. The first zone, between $104,982 and $108,190, contains 1.68 million addresses with a total volume of 1.28 million BTC at an average price of $106,738. Below the first zone, a larger group of 1.71 million addresses holds a greater volume of 1.25 million BTC within the price range of $95,248 to $98,566, with an average price of $98,566. As long as Bitcoin continues to trade above these levels, the ongoing rally could continue to push upward. However, if these pockets of demand are broken with enough selling pressure, the leading cryptocurrency could enter into an uncertain price zone with little buying interest to provide support. Speaking of selling pressure, on-chain data shows a slowing sell pressure among large holders. According to data from on-chain analytics platform Sentora, Bitcoin recorded its fifth straight week of net outflows from centralized exchanges. The past week alone saw more than $920 million worth of BTC moved into self-custody or institutional products, mostly Spot Bitcoin ETFs. Bitcoin Needs To Break Weekly Resistance For New Highs Even with solid demand zones beneath, Bitcoin’s path to new highs is not yet confirmed. Analyst Rekt Capital weighed in with his analysis, noting that Bitcoin is currently facing a strong weekly resistance band just under $109,000. Particularly, Bitcoin is at risk of a lower high structure on the weekly candlestick timeframe chart. Rekt Capital noted that a weekly close above the red horizontal resistance line must be achieved in order for Bitcoin to reclaim a more bullish stance. That resistance, which is currently around $108,890, is acting as a ceiling for Bitcoin’s upward rally. As such, Bitcoin would need to make a weekly close above $108,890 to position itself for new all-time highs. Unless there is a convincing break of that level, the price action of Bitcoin could be erratic and susceptible to a retracement to $106,000. At the time of writing, Bitcoin is trading at $108,160. Featured image from Unsplash, chart from TradingView

Bitcoin’s climb past $110,000 this week has reignited a fresh round of bullish calls. Prices hit $110,150 on July 3 and traded a little past $108,000 level at last check, showing a small 0.41% dip in 24 hours but a 1.20% rise over seven days. This steady move higher has drawn voices from social media, stirring debate on whether Bitcoin is truly underpriced or in danger of slipping back below key levels. Undervalued At $110K According to Altcoin Daily, Bitcoin at $110,000 is “undervalued,” with the analysts arguing there’s plenty of room to run. That bold claim has fans cheering, and some even dream of $1,000,000 down the road. Other users have pushed back, asking what on‑chain data or metrics back up this view. They point out that until Bitcoin clears resistance at $110,500, a real breakout isn’t confirmed. Based on reports from market trackers, global liquidity is on the rise. Market observers picked up on that, saying more cash floating around can push Bitcoin higher. Rising liquidity often fuels big moves in risk assets. Still, traders keep an eye on futures funding rates and miner sell‑pressure, looking for clues if a pullback is brewing. Mixed Views Online Some followers argue that inflation and new tariffs could dampen Bitcoin’s rally. Others note that central banks are still buying time before any rate hikes, which may give crypto another boost. The back‑and‑forth on social media reads like a mini war room, with short comments and deep threads floating around. Plenty of voices, but few hard answers. Past Bull Runs Altcoin Daily wasn’t shy about past calls either. Just days earlier, they said that once Bitcoin tops $150,000, investors would wish they’d bought more at lower prices. That kind of hindsight talk can be stirring, but it doesn’t change the here‑and‑now charts or the macro calendar. Exec Calls For Hedge Based on remarks by Matt Hougan, Chief Investment Officer at Bitwise, now could be a good time to buy Bitcoin. Hougan pointed to Ray Dalio’s warnings about US debt, which has swelled past $7 trillion in annual spending against $5 trillion in revenue. With each household on the hook for roughly $230,000, Dalio says holding Bitcoin can act as a hedge against future money‑print risks. Price Action On Crosshair Investors will be watching both price action and big‑picture events. A solid break above $110,500 might pull in more buyers. But if inflation surprises on the upside or tariffs hit harder, odds could shift quickly. For now, Bitcoin’s story is still unfolding—and the next few days could tell us a lot about where it’s headed. Featured image from Meta, chart from TradingView