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The SOLUSDT price has tumbled more than 7.5% in the last 24 hours, breaking below its ascending wedge support on the daily chart. This technical breakdown has shifted market sentiment, with bears now pressing for deeper losses. The Bull-Bear Power Index has flipped negative for three straight sessions, its longest bearish streak since June. This confirms growing sell-side dominance as SOLUSDT trades around $169, clinging to key support at $166. A clean break below this level could open the way to $156 or even $143, extending the downtrend. While SOLUSDT price action dominates the picture, network demand has also weakened, with active addresses falling sharply since July’s highs. This dip in participation aligns with the breakdown, hinting that buyers lack the strength to defend key levels. Meanwhile, liquidation data shows that shorts significantly outweigh longs, adding pressure as bearish positions accumulate. For this to become a classic bear trap , bulls need a swift rebound above $175–$180, forcing shorts to unwind and flipping momentum back positive. Until that happens, the technical setup and order flow favor bears, keeping downside risk firmly in play.

BTCUSDT is holding just above $115,000, recovering from a 2.4% dip in the last 24 hours, with one technical setup dominating the conversation: a bullish pennant on the 3-day chart. The pattern formed after a sharp 25% rally earlier this month, creating a classic pole-and-pennant structure. Multiple breakout attempts have failed so far, with long wicks signaling heavy volatility, but the pattern remains valid as long as the BTCUSDT price stays above the $114,000 support zone. A confirmed 3-day candle close above $119,700—the top of recent failed breakouts—would likely trigger the next leg higher. A measured move from the pole projects an upside target near $150,000, aligning with long-term bullish expectations. Supporting this setup, the Fund Flow Ratio has been making lower highs, suggesting fewer coins are heading to exchanges and potential sell pressure is easing. At the same time, Chaikin Money Flow (CMF) on the 3-day chart is forming higher highs, signaling quiet accumulation despite recent price dips. Until either level breaks, BTCUSDT trades in a pivotal range. Bulls want a clean breakout above $119,700, while a drop below $114,000 would invalidate the pattern and open the door to further downside.

PI continues to flash warning signs as technical indicators lean heavily bearish. Most notably, the Aroon Down Line on the daily chart has surged to a reading of 100%. For context, the Aroon indicator is designed to identify the strength and duration of a trend, and when the Down Line reaches the 100% mark, it typically signals that a recent low was recorded very recently — often within the past day or two. This kind of reading reflects an aggressive downtrend, where bearish momentum dominates and sellers are in full control.

XLM has taken a notable hit, with recent price action showing a sharp drop that has dragged the token below its 20-day Exponential Moving Average (EMA). Currently sitting at $0.40, the 20-day EMA now acts as a dynamic resistance level, capping potential upside in the short term. This development signals a clear shift in short-term sentiment. The 20-day EMA, which reflects average pricing over the last 20 sessions with an emphasis on recent moves, typically supports bullish outlooks when the price remains above it. However, XLM's break below this level suggests growing sell-side pressure and a loss of bullish control. With momentum weakening and bearish signals intensifying, traders may want to exercise caution, especially if the price fails to reclaim the EMA in the near term. Further downside could follow if buyers don't step in to reverse the trend.

Currently, XRPUSDT is trading at $2.99, slipping through the key support level of $3.00. While the altcoin is still over 22% away from its ATH of $3.66 , the foundation for potential growth remains strong. Historical data has shown that August typically brings bearish momentum for XRPUSDT , with median monthly returns of -6% . However, given the strong buying activity observed recently and the positive technical indicators, this August might defy the usual trend. If XRPUSDT manages to secure support above $3.41, the altcoin could push towards its ATH once again . Alexis Sirkia, Captain at Yellow Network, discussed with BeInCrypto how XRP’s future could be looking like. “Institutions that have been in the market for a while are gaining momentum. We're also, in the meanwhile, in a macro environment where funds are doing risk rotation… XRPUSDT is taking its stand with regulation and infrastructure, not hype. That's what will endure in the long run. Short-term flows are fleeting, but the groundwork laid today will define the cycle to follow.” However, there’s a downside risk. If XRPUSDT fails to reclaim the $3.00 support, the price could fall to $2.65, invalidating the bullish thesis. A drop to this level would mark a four-week low and would likely lead to further selling pressure.

At present, SHIBUSDT price is sitting at $0.00001210, down 21% over the last 10 days . The drop in Shiba Inu's price can be traced to a sharp decline in the number of new addresses interacting with the token. In the last 10 days, the number of new addresses has decreased by nearly 40% . This sudden exit of new investors indicates waning confidence in SHIBUSDT price potential, particularly after an extended rally earlier in the year. If this trend continues, SHIBUSDT could lose the critical support level of $0.00001188, pushing the price down to $0.00001141 or potentially lower. However, if SHIB manages to hold onto its $0.00001188 support level, there is a possibility of recovery. A bounce from this level could push SHIBUSDT price up to $0.00001317 . Securing this level as support would create a bullish scenario, invalidating the bearish thesis and offering hope for further price growth in the near future.

FORM has seen a 30% price surge since July 9, driven by renewed buyer interest and growing market confidence. A key signal of this uptrend comes from the Directional Movement Index (DMI) on the daily chart, where the +DI (blue) crossed above the -DI (orange), marking a shift in market sentiment toward accumulation. This crossover signaled the return of bullish momentum, and with the +DI line still holding above the -DI, the trend remains intact. As long as this structure persists — especially with the gap between the two lines widening or holding steady — FORM's upward trajectory may continue. Traders should watch for any narrowing of this gap as a potential sign of slowing momentum.

PIUSDT price is currently at $0.424, having recently lost the key support of $0.440. The altcoin is now positioned just 3% away from its all-time low of $0.400 . With the market showing limited bullish signs, the likelihood of a drop to the ATL is high. The Moving Average Convergence Divergence (MACD) indicator is signaling potential bearish momentum . The MACD line is nearing a crossover with the signal line, which would confirm the shift from a near-month-long bullish phase. If this crossover happens, it could push PIUSDT price even lower, indicating the altcoin might not sustain its recent price levels . As market conditions continue to lack strong bullish signals, the probability of further declines for PIUSDT is increasing . Without any substantial shift in sentiment or a reversal in the indicators, the altcoin could see more losses. The bearish momentum could push Pi Coin to its ATL, if not lower. However, investors still have a chance to reverse this trend. If demand picks up and buying pressure intensifies, PIUSDT could recover, potentially pushing back above $0.440 . If this happens, the bearish outlook would be invalidated, and the altcoin could resume a more stable price trajectory. -------- Aaryamann Shrivastava (On-Chain Analyst) LinkedIn - aaryamann-shrivastava Twitter - @Aaryamann_KS

At the time of writing, SHIBUSDT is trading at $0.00001297 , having lost 16% over the past week. The meme coin has wiped out more than half of the gains it saw in July. This decline places SHIB in a vulnerable position, with the potential to continue its downward trajectory. The relative strength index (RSI) has also seen a significant shift, slipping into the bearish zone below the neutral mark of 50.0. This suggests that bearish momentum is building and could continue to strengthen, driving SHIBUSDT price lower . Given the current market sentiment, it’s likely that SHIBUSDT will experience further declines in August . The altcoin could test the support level at $0.00001252, pushing its price even lower. If this support fails to hold, a more significant drop could occur, leading to further challenges for Shiba Inu . However, if investor demand suddenly spikes, there could be a chance for SHIBUSDT to recover . A price push towards $0.00001435 would be a significant milestone for the meme coin. If SHIB manages to break this resistance level, it could potentially rewrite its history by posting gains in August . -------- Aaryamann Shrivastava (On-Chain Analyst) LinkedIn - aaryamann-shrivastava Twitter - @Aaryamann_KS

XRP is consolidating near its recent highs, but don't let that fool you! Fresh on-chain data suggests a major move is brewing. Latest analysis shows: XRPUSDT 🔹 Whale-to-Exchange Flow has plummeted by a staggering 94%, indicating large holders are strongly reducing their selling intent. This massive drop in supply pressure is a HUGE bullish signal! 🔹 New holders are entering and showing strong conviction, absorbing any remaining selling. 🔹 Key resistance sits at $3.59, with a potential push towards $4.64 based on Fibonacci extensions. Crucial support at $2.95 defends the bullish outlook.