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GM, we’re almost there.
The invalidation levels we’ve been ranting about for weeks are still being bulled over. Indices are closing at all-time highs, the DXY keeps weakening (along with stablecoin dominance), and if BTC closes the month above $108k, we’re off to the races—simple as that.
Once again, the key invalidation sits around $106k, so the clearest signal to watch is today’s monthly close. If it’s higher, the Bulls are firmly in control.
That said, things look very promising for said Jubilant July, especially with Trump basically shilling money printing and warning republicans to not dwell on cuts too much.
Few things to watch out for are these macro events coming up this week, so let’s hope Powell won’t screw us.
Lastly, there’s a noticeable resurgence of interest in SOL, with SOL/ETH and SOL/BTC trying to carve out a bottom. Solana’s ecosystem and OG memecoins should be a good play if the market goes higher in the next weeks. Let’s see!
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The important bits.
Fuel announces FUEL staking upgrade, join and stake here
INFINIT Badge System has concluded, check your allocation here
Altitude lets you borrow against BTC/ETH at 0% interest, check vaults here
Mira Network’s Weekly Quests 8 are live, join and earn rewards here
Premia Blue explains Kyan, the next-gen options protocol, read here
HyperUnit teases the upcoming spot PUMP token listing, check here
Dinero achieved 40% staking yield, join here
Haromix’s HYPE HyperEVM Vault is now live on mainnet, offering a top 9% APY!
Even more important bits.
Robinhood launched tokenized stocks trading in Europe
Spanish authorities busted a €460M (or $496.8M) crypto fraud
Reebok’s co-founder is designing the world’s first AI-generated shoe in orbit
Kraken's xStocks are now live, users in non-U.S. regions can trade tokenized U.S. stocks
Iran could restart enriching uranium in months, says nuclear watchdog head
CZ says, “Bhutan uses excess hydro power to mine Bitcoin”
President Trump says he has a buyer for TikTok, “a group of very wealthy people.”
REX Shares announces the first staking spot ETH ETF
Charts and stats of the day.
Small Cap Stocks are now underperforming Mega Cap Tech Stocks by the largest margin in history
Active loans on have doubled since April, now at ~$1.2B
Hyperliquid has crossed $1.5 trillion in onchain perp volume over the past year
StalkChain spots the next big meme coins early by tracking top wallets and smart money moves in real-time.
See what whales are buying, follow top-performing traders, and analyze token trends before the crowd.
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SOLETH 1D Binance
SOLETH has very likely bottomed out of high-timeframe support here. The Ichimoku weekly (not pictured) shows a beautiful trend reset, opening up scope to run to new highs. SOLBTC is bullish, too, and JTO looks very strong.
This is all due to the coming ETF, with staking on board. Meanwhile, we have the ugliest possible low-timeframe BTC price action, which is holding the SOLUSD pair down. When BTC stops the fuckery, it will likely present a beautiful SOLUSD entry. I am already in from `$150.43, looking to run it to $170 and possibly yearly open at $188.
Come by the Lucky Luke Discord channel for comments, to roast my picks or to pump your own bags. All banter is welcome any time!
Solana smart-money movements:
Source: ChainEdge
Ethereum smart-money movements are pointing to ERC-69, even though the chart currently looks abysmal. All good coins die first before they truly run, though, so let’s see.
Source: ChainEdge
KittenSwap TGE: Today, 5 PM UTC
We’ve got a real goodie coming up today on Hyperliquid’s HyperEVM. You can think of KittenSwap and the main ve3,3 DEX of this ecosystem, similar to how Shadow Exchange is for Sonic.
With the TGE coming up later today, I would go over and consider these stats (not financial advice):
To save you doom scrolling.
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To be honest, today is a pretty important day. The bullishness is getting palpable, but a lot depends on today’s monthly close and how things look for the remainder of the week.
Exciting times, let’s reassess tomorrow.
stay safe homies,
Hix0n 🫡
