BTC, ETH, SOL, HYPE & AURA: Are we witnessing the next breakout – or setting up for a major reversal?
Are you searching for that elusive signal revealing crypto’s big breakout moment or the subtle cues of a looming reversal? Dive into critical data, actionable chart zones, and our expert insights on BTC, ETH, SOL, HYPE, and AURA—before the crowd acts.
There’s a subtle but compelling shift happening beneath the surface of major crypto assets. Find out what the latest technicals and on-chain data are signaling right now and get ahead of the next major move.
TLDR:
- BTC: Bullish above $105k; spot demand needs to push through heavy resistance. Watch for a breakout above $112k targeting $120k.
- ETH: Tight range between $2,420–$2,720, bullish setup forming. Next breakout could run toward $3,280.
- SOL: $144 holds as key support; structure favors upside with targets at $185 and potentially above $200.
- HYPE: Testing major resistance, likely near-term pullback. Key support in the $30.50–$33.00 range.
- AURA: Bullish “cup and handle” pattern forming. Looking for a breakout, targeting $0.50 long-term.
BTC:
- BTC’s Open Interest is up 10% from the $105k level, indicating recent price advances are mostly leverage-driven. Spot demand remains, but there’s strong selling at $110k.
- Funding Rate is slightly positive, flickering between positive/negative, showing a mild bias toward longs but little leverage froth.
- Bulls need more spot-driven momentum to break above the $110k–$112k resistance band.
BTC’s Open Interest (by USD value):
Technical analysis
- Bounced from $106,000 horizontal support, right on cue with prior calls.
- Bullish breakout from broadening downtrend wedge pattern formed since May.
- Need to stay above wedge top ($105k+) for bullish structure; resistances at $110,700, $112,000 (ATH).
- Downside: Strong support $106,000, big zone $102,500–$103,500.
- RSI broke its downtrend and sits above the MA, suggesting medium-term upside remains likely.
- Next Support: $106,000
- Next Resistance: $110,700 (then $112,000)
- Direction: Neutral/Bullish
- Upside Target: $120,000
- Downside Target: $106,000
Cryptonary’s take
BTC holds bullish structure, breaking out from the broadening wedge. Despite a pause after yesterday’s macro data, ETF flows remain healthy, and barring shocks, we see further upside over coming weeks. Watch for chop if macro winds stay muted—targeting $120k on next breakout over $112k.
What’s next?
Wondering just how high ETH and SOL might fly or where HYPE and AURA could bottom out? Our premium breakdowns reveal the hottest price entry ranges and targets—don’t miss what comes next!
ETH:
- Open Interest rising from June lows but still subdued—signaling limited leverage risk.
- Funding Rates flat/near zero, with slight bias to longs (no froth).
ETH’s Open Interest (by USD value):
Technical analysis
- Bounced from $2,160, quickly reclaiming $2,420 key support.
- Currently above $2,550, eyes on $2,720 (main resistance) and then $2,870.
- Break of $2,870 could blast ETH toward $3,280.
- RSI showing bullish momentum and ready for a leg-up.
- Next Support: $2,420
- Next Resistance: $2,720
- Direction: Neutral/Bullish
- Upside Target: $3,050
- Downside Target: $2,420
Cryptonary’s take
ETH is locked in a tight range but the structure suggests upside. Accumulate at $2,420 if under-exposed; our outlook is for breakout, pushing beyond $3,000 in the coming months. Medium-term holding could see much higher price realization.
SOL:
- Open Interest climbing after the $130 bounce, hinting at cautious optimism.
- Funding Rates swinging back and forth—overall sentiment remains indecisive but healthy.
- No leverage build-up observed and spot demand is improving.
SOL’s Open Interest (by USD value):
Technical analysis
- Bounced from $130 and retook $144 horizontal support (now acting as new bottom).
- Downtrend channel broken, now consolidating above $144—a bullish reset.
- $155 is next minor resistance; $185 is the big level to watch.
- RSI looks constructive, supporting higher prices if structure holds.
- Next Support: $144
- Next Resistance: $155
- Direction: Neutral/Bullish
- Upside Target: $185
- Downside Target: $135
Cryptonary’s take
SOL’s structure is now bullish above $144, although chop is likely for the next weeks. We’re buyers on dips below $144 and looking to accumulate towards $185 and beyond if momentum returns later in Q3/Q4.
HYPE:
- Broke major uptrend and retested buy zone $30.50–$33.00; currently facing stiff resistance at $39.40–$42.00.
- Price now struggles at both horizontal and trend line resistance.
- RSI is constructive but price is showing short-term weakness at the current resistance zone.
Technical analysis
- Major resistance $39.40–$42.00 could trigger rejection and new downside test.
- Strong support remains at $30.50–$33.00.
- Potential RS bounce if the support zone is retested.
- Next Support: $33.00
- Next Resistance: $42.00
- Direction: Bearish
- Upside Target: $42.00
- Downside Target: $30.50
Cryptonary’s take
HYPE’s impressive run may be stalling as it faces a big resistance wall. Look for a pullback toward the low $30s. Buy lightly there for long-term holds, but more aggressively if price dips into the $25–$30 region.
AURA:
- Analyzed on the 4hr timeframe for stronger short-term clarity.
- 65% retracement off the highs—a “memecoin classic.”
- Found support in the $0.085–$0.104 “buy box” and now breaking above local trend resistance.
- RSI (Daily) fully reset, opening room for substantial upside.
Technical analysis
- Forming a classic “cup and handle” pattern for a bullish breakout.
- Retesting prior downtrend as new support, currently forming a consolidation bull flag.
- Main resistances: $0.161, $0.177, then $0.245. Key support at $0.13.
- Next Support: $0.13
- Next Resistance: $0.177
- Direction: Bullish
- Upside Target: $0.245
- Downside Target: $0.116
Cryptonary’s take
AURA’s bottoming in the $0.085–$0.104 accumulation zone has completed its distribution reset. The chart now favors a breakout higher, likely toward $0.20 to $0.24 in the short term. Long-term target: $0.50+ on “cup and handle” completion.