🧐 DXY Is Pumping! Here's The Only BTC Level That Matters:

PLUS is the PumpFun ecosystem read for revenge?

July 31, 2025

GM, the shorters got smacked (again).

Yesterday’s newsletter title was focused on shorts being in danger, and it seems like they truly are. Bitcoin is very effective in hunting down comfy positions, which in this case, are bears sitting in shorts from around $120k.

Now the real question is: Will BTC break above previous highs and push into a new leg up, or will it sweep the highs and retrace back to the bottom of the range, liquidating the other side?

This range could continue for multiple more weeks or even into September. If we go back above $120k, watch for a reaction—a quick rejection and daily closes below should serve as a solid signal.

A little warning sign also lies in today’s DXY (dollar index) pump, reaching back to the 100 line again. Yesterday’s hawkish Powell presser (summary here) might be the cause here.

In summary, the path higher is still pretty much clear for the remainder of the year. The main question now is: will it happen from here, or a little bit later?

✍️ Advertise with us | 🧑‍💻 Join the Discord | 🐥 Follow on Twitter
📊 Sub to YouTube & Spotify

👇 And if you haven’t yet, hit subscribe below 👇

The important bits.

  • Fuel Network featured in new blocmates interview, listen here

  • Stargate enables PENDLE OFT, try it out here

  • INFINIT Yapper Season final call - 7 days left, join here

  • Altitude explains the "Illusion of value in DeFi”, read here

  • Sophon’ SOPH token is now in the top daily gainers with over 20% up, list here

  • f(x) Protocol stablecoin fxSAVE is currently the highest yielding at almost 19%, check here

  • Stake BERA is now usable as collateral on Beraborrow, try it out here

Even more important bits.

Charts and stats of the day.

Interested in learning more about what's going on with Bitcoin, Ethereum, and other cryptocurrencies?

Join 100,000+ subscribers and get newsletters on key crypto topics straight to your inbox from BeInCrypto - a leading crypto media platform with over 11million monthly readers.

Sign up now for a chance to win 100USDT!

Telemetry data of the day.

Since there is an apparent resurgence of the PumpFun ecosystem going on right now (explained in Degen corner below), let’s check on purely PumpFun launchpad data today:

  • Trending tokens over the last 24H:

Source: Telemetry

If you want to access more of this type of data and trade freshly graduated tokens on PumpFun of Bonk, visit Telemetry here (it`s free).

PumpFun ressurgance & memecoin NFTs

It seems like PUMP is (finally) trying to paint a bottom here. As expected, the roughly 30% green candle is accompanied by memecoins launched in the ecosystem.

Names such as TROLL, MASK, MONKE, or CHILLHOUSE are printing 50-100% candles, while being back in the trending list.

Interestingly enough, this is happening along with a new memecoin NFT trend sparked by Lil Chillers NFT by Chillhouse. Are we at the beginning of a new trend? Some good old NFT fun wouldn’t hurt.

Definitely keep an eye out for trending coins announcing new mints. For example, I would be really interested in a collection by Nubcat, which might be happening soon (see the hint by the creator of Nubcat here).

MegaHeroes (MegaETH NFT, gaming) - New sneak peek revealed

To save you doom scrolling.

Migrate.Fun is sparking some heated discussions. Do you think it will benefit tokens and holders or become one big rug session?

Tricky times! Chopsolidation always is, though. Nevertheless, looking around the Solana ecosystem and coins mentioned in today’s Degen corner, it’s clear this market still has a lot to offer, even during a Bitcoin chop.

The pump is always out there.

stay safe homies,

Hix0n 🫡

Reply

or to participate.