đ *đ August kicks off with tension and opportunity in the crypto markets!*
July was explosive for Bitcoin and Ethereum, but August is already showing signs of consolidation and potential shakeups. Here's a real-time snapshot of whatâs happening:
đ¶ *$BTC (Bitcoin)*
- đ July high: *$123,200*
- đ Current price: around *$114,900*
- đ Key resistance: *$120,000* â breakout could target *$140,000*
- â ïž Major support: *$111,000* â a drop below could trigger deeper correction
đ· *$ETH (Ethereum)*
- đ„ Closed July above *$3,500*, nearly 50% monthly gain
- đ Now testing resistance at *$4,000*
- đ Technical setup: symmetrical triangle points to breakout potential toward *$7,700*
- đ§ ETF inflows + Pectra upgrade are boosting fundamentals
đĄ *$SOL (Solana)*
- đ Up 40% in July, peaking at *$206.19*
- đ Pulling back to around *$180*, with support at *$178*
- đ On-chain activity dropped 16% last week â caution advised
đŹ *Are you accumulating or waiting for the next pullback?*
Drop your thoughts below â which asset are you watching this August? đ
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