aaryamann_shrivastava_bic

BTCUSDT price is currently hovering at $118,938, within a consolidation range between $117,261 and $120,000 . While this range has held steady, the possibility of breaking through $120,000 is high if investor sentiment remains strong. The current sell-side risk ratio for BTCUSDT is at 0.24, well below the neutral threshold of 0.4 and closer to the low-value realization threshold of 0.1. This suggests that the market is experiencing consolidation, with investor behavior indicating a pause in large sell-offs. Historically, August has been a bearish month for BTCUSDT , with the median monthly return sitting at -8.3%. However, given the current accumulation trend and the low sell-side risk, Bitcoin may defy its historical trend this year. If Bitcoin can secure $120,000 as support, it would likely push past $122,000 and move toward the ATH . However, there remains a risk that the market could turn bearish if investors shift their stance due to unforeseen market factors. In this case, BTCUSDT could lose support at $117,261 and slide to $115,000, reversing the bullish thesis.

XRPUSDT is currently trading at $3.20, which places it 14% away from reaching its ATH of $3.66. The support at $3.38 is crucial, and securing it could lead to further gains. XRPUSDT has been seeing significant inflows in the past three days. Over 163 million XRP, worth around $519 million , have been accumulated by investors. This buying surge suggests that a wave of optimism is returning to the market, signaling that investors are positioning themselves for a potential price increase. If XRPUSDT can reclaim support at $3.38 , it will be well-positioned to push past its ATH and reach new highs. This would mark a significant milestone for the altcoin, setting the stage for further price gains. However, should the investor sentiment shift and selling pressure increase, XRPUSDT could face a decline. If the price falls below $3.00, it could slide to $2.96 or lower , invalidating the bullish thesis.

At the time of writing, SHIBUSDT price is $0.00001407, sitting just below the resistance level of $0.00001435. The altcoin has been facing mixed signals, with both bearish and bullish factors playing a role in its price action. The key resistance level of $0.00001435 needs to be broken for a potential recovery. The liquidation map shows a fascinating development: if SHIBUSDT recovers the 10% losses it has sustained by reaching $0.00001553, it could trigger over $52 million worth of short liquidations . Short sellers have been betting on a decline, but if SHIB rebounds, these traders will face considerable losses. If SHIBUSDT continues to hover within the consolidation range of $0.00001435 and $0.00001317 , traders will remain safe from liquidation risks. This sideways movement will keep the altcoin within a neutral zone, avoiding drastic price changes in the immediate term. However, if SHIBUSDT price manages to break the resistance at $0.00001435 and flips it into support, SHIB could potentially climb back to $0.00001553. This would mark a 10% recovery , invalidating the current bearish sentiment and shifting the outlook to a more optimistic tone.

ETHUSDT is currently trading at $3,680, just 9% away from the critical $4,000 resistance that many investors have been waiting for over the past seven months. The altcoin is expected to continue its upward momentum despite the recent consolidation, with the potential to breach the $4,000 mark soon. Looking at broader technical indicators, the NUPL (Net Unrealized Profit/Loss) suggests that ETHUSDT is poised for a significant rally . The NUPL indicator, when reaching a threshold of 0.5, traditionally signals a pause in the uptrend, followed by a sharp rally. $ BINANCE:ETHUSDT is currently nearing this threshold , which, in the past, has marked the beginning of powerful upward price action. As long as ETHUSDT remains above its key support levels, the price is likely to surge toward $4,000 . If Ethereum can maintain its momentum, a breach of $4,000 could act as a catalyst for further gains. However, should unforeseen selling pressure arise, $BINANCE:ETHUSDTprice could slip below the $3,530 support level. In such a scenario, Ethereum may fall to $3,131, invalidating the current bullish outlook. The key will be maintaining support and capitalizing on the retail-driven surge.

PIUSDT price is currently hovering at $0.44, just 9% away from its all-time low of $0.40 . The recent decline has pushed the altcoin below the support of $0.45, indicating a weak position. The next support level for Pi Coin is crucial as it attempts to hold above its current levels. With Pi Coin already down 10% in the past two days , the outlook appears grim. Should the selling pressure continue, the altcoin may easily slide to its all-time low, forming a new ATL (all-time low). This would mark a new low in PIUSDT short history, potentially signaling a longer-term bearish phase. However, if PIUSDT manages to reverse its course, there is hope for recovery. If it can secure $0.45 as a reliable support floor, the altcoin may push past $0.49 and even reach $0.51 . If these levels are reclaimed, the bearish thesis could be invalidated, and a new upward momentum may be formed.

SHIBUSDT price is currently trading at $0.00001353, down 11.5% over the past 24 hours . The altcoin is holding above the support level of $0.00001368. The large holders' netflow for SHIBUSDT has recently spiked, reaching a two-month high. In the last 24 hours, 4.66 trillion SHIB were accumulated by addresses holding at least 0.1% of the circulating supply. These whales, who have collectively invested $63.7 million , are betting on a price rebound. A successful bounce off $0.00001317 would likely pave the way for further price appreciation, potentially pushing SHIBUSDT to $0.00001553 . Securing this level as support could mark a recovery of today’s losses and initiate a new uptrend, provided the broader market conditions remain favorable. On the other hand, if SHIBUSDT falls below the support of $0.00001317 due to profit-taking, the meme coin could slip to $0.00001188 . This would invalidate the bullish thesis and further reduce investor confidence. The next few days will be crucial in determining if SHIB can maintain its current support levels .

SOLUSDT price has risen 21% in the past week , now trading at $199. Despite breaching the $200 mark, Solana has failed to maintain this level, marking a five-month high. The Net Unrealized Profit/Loss (NUPL) indicator for SOLUSDT shows that profits have reached a five-month high . This signals that many investors are in profit, raising concerns about a potential sell-off. If these factors hold true, SOLUSDT price could decline toward the support levels of $188 or even drop to $176 . A move below these levels could erase a significant portion of the recent gains and shift the altcoin into a bearish trend. However, if investor confidence remains strong and the market continues to show bullish signs, SOLUSDT could stabilize above $200 . Securing this level as support could propel the price back toward $221, invalidating the bearish outlook.

BNBUSDT price reached $804 today after a 16% increase over the past week, marking a new ATH . The altcoin has successfully ended a long period of consolidation and now stands at $799. Its recent price movements indicate strong upward momentum, suggesting the potential for further gains. For nearly seven weeks, BNBUSDT has seen consistent accumulation . This trend is reflected in the exchange net position change, which shows growing investor interest in the altcoin The bullish market sentiment is helping BNBUSDT break through key resistance levels. If this momentum continues, BNB could reach the $850 mark , a psychological milestone for the altcoin. This level could attract more investors and provide further price support, pushing BNB higher in the coming days. However, should BNB holders decide to secure profits , the altcoin could face a price pullback. If selling pressure intensifies, BNBUSDT may slip below its current support level of $741 , which would invalidate the bullish outlook. A drop to this level would suggest a shift in sentiment, likely leading to a market correction.

XRPUSDT is currently trading at $3.48, only 4% away from its all-time high . Over the past week, exchange wallets saw an influx of nearly 450 million XRP, valued at more than $2.81 billion . This spike in supply indicates that holders are moving their assets to sell, usually a bearish indicator in market cycles. Despite the proximity, XRPUSDT price is showing signs of weakness and is clinging to the $3.38 support level . Without renewed buying interest, this support may not hold much longer. If investor selling continues, XRPUSDT could fall through $3.38 and test the $3.00 support . A drop to this level would erase the recent gains and confirm a near-term bearish reversal. The loss of $3.00 could signal a longer consolidation phase or deeper correction. However, if market participants absorb the sold supply and restore demand, XRPUSDT could rebound quickly . In this scenario, the altcoin might surpass $3.66, breach $3.80, and aim for $4.00 . Such a move would invalidate the bearish outlook and set a new all-time high.

PIUSDT is currently trading at $0.48 after consolidating sideways for several days. This consolidation has worked in its favor, helping the altcoin escape its two-month downtrend. Investors are now watching closely for the next resistance to be broken. PIUSDT Bollinger Bands are converging, signaling potential volatility ahead . This technical pattern, seen previously in May when Pi Coin saw a 114% price surge , suggests that the altcoin could experience a similar breakout if market conditions remain favorable. With BTCUSDT consolidating and ETHUSDT leading altcoins, sentiment leans bullish, increasing the likelihood of Pi Coin's upward movement. Macro indicators also align with this bullish outlook, as the Chaikin Money Flow (CMF) shows rising capital inflows into $OKX:PIUSDT. This suggests that investors are growing more confident and positioning themselves for a potential altcoin rally. As money flows into the market, Pi Coin is poised to benefit from increased demand , setting the stage for a possible price breakout. Despite being only 17% above its all-time low of $0.40, the technical indicators suggest this support will hold. If PIUSDT can flip $0.45 into a reliable support level, it could initiate a rally toward $0.51 and beyond, especially if the altcoin season intensifies. However, if holders begin to exit their positions prematurely, PIUSDT could slip back toward $0.40 . Such a move would invalidate the bullish scenario and place the altcoin at risk of retesting its historical low.