Bitcoin has returned to the resistance area that has blocked several recovery attempts since mid-July. The next reaction could show whether the rebound is developing into a broader recovery or merely retesting the top of its recent range.
Ethereum has returned to the resistance area that rejected several recent advances. The chart now favours a short-term pullback, while Ali Martinez’s on-chain analysis presents a more bullish path over a wider timeframe.
ZEC entered August 6 testing the main resistance level of its six-session recovery after closing the previous day at $511, just below the 0.5 Fibonacci retracement at $512.
TRON is attracting more payment activity through gasless USDT transfers, cross-chain liquidity and early AI-agent settlement, but TRX remains locked in a low-volume technical range.
Hyperliquid processed more volume and attracted more traders in Q2, but lower-fee markets took a larger share of activity, leaving protocol and holder revenue below the previous quarter.
Cardano held onto its late-July recovery on August 3 despite weakness across the broader crypto market.
Bitcoin trades near $62,700 at the time of writing after buyers failed to recover the resistance formed by the 50-day simple moving average near $63,280 and the 0.236 Fibonacci retracement around $63,600.
Shiba Inu traded near $0.00000496 on August 2 after a second attempt to reclaim its 100-day moving average failed to produce a daily close above it.
Ethereum is approaching a decision point where record network activity is colliding with an unresolved market structure.
Hyperliquid's token HYPE is testing a technical level that could determine whether the latest decline begins to stabilize or extends into a deeper correction.
BitMEX is seeing traders rapidly reduce their exposure after the exchange announced that it will shut down, with its native token and Bitcoin derivatives market both recording steep declines.
Shiba Inu is attempting to hold a breakout from the descending trendline that had capped its recovery attempts throughout July.

