BTC, ETH, SOL, HYPE & AURA: Open Interest Surge and Bullish Price Breakouts?
Are the tides turning for crypto’s top assets? As institutional inflows heat up and leverage builds, key technical levels are being retested across BTC, ETH, SOL, HYPE, and AURA. This analysis uncovers whether the latest moves signal imminent breakouts or if summer volatility will trap traders on the wrong side. Stay locked in for where real opportunity lies.
Unseen flows and technical breakouts are starting to build across Bitcoin, Ethereum, Solana, HYPE, and AURA – but which charts show hidden bullishness, and which hint a painful reversal? Our latest data-driven report gets right to the strongest signals this week.
TLDR:
- BTC: Bullish over $105k, but needs stronger spot buying to break $110k–$112k. Targeting $120k if confirmed; chop likely before the move.
- ETH: Range-bound ($2,420–$2,720) but structure is bullish. Breakout could send price to $3,280 in the coming months.
- SOL: Holding $144 support post-breakout; upside target is $185. Accumulation zone holding, eyes on $200+ late Q3/Q4.
- HYPE: Stalling at major resistance; likely pullback to $30–$33 support before a fresh attempt higher.
BTC:
- Open Interest up 10% from $105k; recent gains look leverage-driven with some spot buying into resistance at $110k.
- Funding Rate positive but not overheated; no aggressive froth seen yet. A Spot-driven move is needed for $110k–$112k breakout.
BTC’s Open Interest (by USD value):
Technical analysis
- Pulled back to $106,000, then bounced as forecasted.
- Breaking out above wedge top; bullish while holding $105k+.
- Local resistance: $110,700 and $112,000 all-time high zone.
- Key support: $106,000 and $102,500–$103,500.
- RSI broke its downtrend, above its MA; structure suggests more upside.
- 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’s bullish structure remains intact following the breakout above the broadening wedge. Despite short-term stalling post-jobs data, overall flows and ETF demand are positive. We may chop for a few weeks, but the setup remains primed for a breakout to $120k if $110k–$112k is breached.
What’s next?
ETH and SOL both show range-bound price setups with big break potential; HYPE’s technicals hint at the next volatile move. Unlock the full breakdown and key accumulation zones—premium chart levels ahead.
ETH:
- Open Interest rising since late June low, but leverage use remains modest.
- Funding Rate stable between 0.00% and 0.01%, no froth in sight.
ETH’s Open Interest (by USD value):
Technical analysis
- Bounced from $2,160 support, reclaimed $2,420.
- Now consolidating between $2,420–$2,720; support at $2,550.
- Major resistance at $2,720, followed by $2,870; breakout would send to $3,280.
- RSI in middle, trying to break its downtrend; bullishly supported by MA.
- Next Support: $2,420
- Next Resistance: $2,720
- Direction: Neutral/Bullish
- Upside Target: $3,050
- Downside Target: $2,420
Cryptonary’s take
ETH is trapped in a broad range but building strength for a breakout. Choppy action may persist 1–2 weeks, yet bias favors higher. Use any dip to $2,420 for accumulation; major uptrend could send ETH toward $3,000 and beyond in coming months.
SOL:
- Open Interest increased after $130 bounce; Funding Rate whipsaws show indecision.
- No excessive leverage; needs spot demand to ignite next leg up.
SOL’s Open Interest (by USD value):
Technical analysis
- Bounced from $130, reclaimed $144; confirmed breakout from downtrend.
- $144 must hold as local support; resistance at $155 and $185 (major target).
- RSI in mid, recovering post-downtrend, above MA.
- Next Support: $144
- Next Resistance: $155
- Direction: Neutral/Bullish
- Upside Target: $185
- Downside Target: $135
Cryptonary’s take
SOL is holding its breakout structure despite headwinds. Range-bound chop is likely in the short-term, but the chart favors upside. Ideal buy levels are $120–$135 and $144–$150; prepping ahead of potential breakout above $185–$200 in coming quarters.
HYPE:
- Broke below uptrend, filled buy zone $30.50–$33.00, now testing underside of $39.40 resistance.
- Major resistance at $39.40–$42.00; both horizontal and trendline convergence—stiff zone.
- Yellow Buy Box is strong support if trend rejects here; RSI stable and could fuel a move if supported.
Technical analysis
- Main uptrend lost, price stalling into heavy resistance zone.
- Short-term structure is bearish, upside limited unless $42.00 is reclaimed.
- RSI has some positive signs, but needs confirmation.
- Next Support: $33.00
- Next Resistance: $42.00
- Direction: Bearish
- Upside Target: $42.00
- Downside Target: $30.50
Cryptonary’s take
HYPE’s short-term relative strength may now give way to a further pullback as resistance converges near $40. Look for re-buys only in the $30–$33 zone, with heavier accumulation at $25–$30 if a deeper drop happens.
AURA:
- Tracking 4-hour chart for best signals; sharp pullback from $0.24 high, completed classic 65% memecoin retrace.
- Bottomed in buy zone ($0.085–$0.104); breakout above trendline and bull flag forming.
- Key support: $0.13; key resistances: $0.161, $0.177, $0.245.
- Daily RSI reset and primed for a move higher.
Technical analysis
- Appears to be forming bullish cup-and-handle off accumulation base ($0.085–$0.104).
- Breakout above $0.177 needed for $0.245, with upside toward $0.50 potential.
- Structure favors multi-week rally if supports hold.
- Next Support: $0.13
- Next Resistance: $0.177
- Direction: Bullish
- Upside Target: $0.245
- Downside Target: $0.116
Cryptonary’s take
AURA’s extended reset is now behind it. Cup-and-handle pattern is lining up for breakout. Accumulate between $0.085–$0.245 for positioning; upside could be explosive toward $0.50+ as distribution resets and new buyers step in.