Bitcoin (BTC) Key Levels

Bitcoin is currently trading at $97,848, reflecting a 0.42% increase over the past 24 hours. BTC has bounced from its $94,700 support, but if it continues to drop, the next critical support level lies at $93,138. To maintain bullish momentum, Bitcoin needs to close above $99,300, with the ATH region being the next target if this resistance is surpassed.

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Ethereum (ETH): Ethereum’s price stands at $3,762, with a 1.18% increase in the last 24 hours. Its key resistance levels are $3,886 and $3,946, while support levels are positioned at $3,647 and $3,530. These levels will be critical in determining ETH’s short-term trajectory.

Curve DAO Token (CRV): CRV is trading at $1.19, marking a 9.43% rise over the past 24 hours. Resistance is seen at $1.21, followed by $1.30, while the primary support levels are $1.05 and, in case of a deeper correction, $0.98. This marks CRV as a coin with notable upward momentum recently.

Artificial Superintelligence Alliance (FET): Currently priced at $1.79, FET has dropped 4.63% over the past day. The token’s resistance levels are at $1.78 and $1.89, while support levels lie at $1.69 and $1.58. These levels highlight a bearish sentiment that may persist unless the token regains strength.

Virtuals Protocol (VIRTUAL): VIRTUAL trades at $1.63, with a 5.54% increase in the last 24 hours. Key resistance levels include $1.73 and $1.87, while support can be found at $1.34 and $1.26, presenting a range for traders monitoring potential volatility in the token.

Trending Coins

The most trending coins over the last 24 hours include Movement (MOVE), PONKE (PONKE), and peaq (PEAQ). Among the top gainers, MOVE, PEAQ, and Clearpool (CPOOL) have seen substantial growth, while Across Protocol (ACX), Bitcoin Gold (BTG), and Turbo (TURBO) are listed as the top losers, reflecting significant price declines.

Bitcoin Liquidation Zones

The 12-hour liquidation map for Bitcoin reveals two major levels:

• Upper Zone: $98,754, with liquidations amounting to $40 million.
• Lower Zone: $94,926, also with liquidations totaling $40 million.
  These zones highlight significant areas of liquidity that may influence Bitcoin’s price movement in the short term.

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Key Details of the PONKEUSDT Perpetual Contract:

• Launch Date: October 31, 2024
• Underlying Asset: Ponke (PONKE)
• Settlement Asset: USDT
• Maximum Leverage: 75x
• Funding Rate Limits: +2.00% / -2.00%
• Funding Fee Settlement Frequency: Every four hours

Ponke Coin is typically categorized as a meme coin, a type of cryptocurrency often created for entertainment purposes and spread through social media. These coins have gained attention due to popular units like Dogecoin, which have built large communities. Similarly, Ponke Coin may be designed to target a specific community, allowing users to come together and interact with one another.

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Although the PONKE/USDT pair listing for leveraged trading has generated excitement among users, it’s important for users to manage their own risk, as new listings in leveraged trading can be highly volatile.

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As the summer months bring a more subdued tone to the cryptocurrency markets, some altcoins have managed to capture investor attention and make their mark in July.

In this regard, on-chain analysis platform Santiment has revealed the three altcoin groups that have stood out in July.

Highlighing that nine altcoins have come to the fore in three different categories, Santiment stated that these nine altcoins have achieved good increases throughout July and continue to do so, despite major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) following a stable course.

Santiment listed the following altcoins as notable in July:

Artificial intelligence altcoins: PALM, PAAL, 0x0

Solana (SOL) based altcoins: ANDY, POPCAT, WIF

Other memecoin category: BENDOG, PONKE, MYRO

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The post Santiment Reveals: “While Bitcoin and Ethereum Remain Stable, These 9 Altcoins Continue to Make Their Mark in July!” appeared first on Coin Engineer.