
Crypto Today: Bitcoin, Ethereum, XRP trim gains amid declining ETF inflows and profit-taking :
Bitcoin encounters volatility and slips toward $116,000 as investors book profits from the rally to record highs.
Ethereum bears take back control as ETH drops below $3,000 ahead of US CPI data.
XRP faces a fresh sell-off following Monday's rally, slightly above $3.00, ahead of the ProShares XRP Futures ETF launch.
The cryptocurrency market is experiencing a sudden spike in volatility on Tuesday following a robust bullish wave the previous day. Bitcoin (BTC) is trading at $116,918, down over 2% in the day as investors book profits ahead of the release of the United States (US) Consumer Price Index (CPI) data for June.
Altcoins have also run into heightened volatility, led by Ethereum's (ETH) drop below the pivotal $3,000 level and Ripple's (XRP) pullback below Monday's highs of around $3.02.
Market overview: Bitcoin, Ethereum, XRP clawback gains ahead of US CPI data
Bitcoin's rally to new all-time highs of $123,218 marked a 16% increase since July 1. The uptrend, which was primarily driven by "a decisive technical breakout and a sharp pickup in institutional demand," according to QCP Capital, is taking a breather on Tuesday as investors shift focus to the release of US inflation data.
In May, the CPI rose 2.4% on an annual basis, up from 2.3% in April but below market expectations of 2.5%. The core CPI, which excludes the volatile prices of food and energy, increased 2.8% in May, matching a similar increase in April. On a monthly basis, both the CPI and the core CPI rose by 0.1%, falling below expert estimates of 0.2% and 0.3%, respectively.
Market participants expect June's CPI to rise at a yearly rate of 2.7%, with the core CPI expected to increase by 3%, reflecting the potential for higher inflation in the US.
Volatility is expected to characterize trading on Tuesday ahead of the inflation data release, with favorable outcomes likely to increase institutional appetite for riskier assets, such as Bitcoin, Ethereum, and XRP.
Data spotlight: Bitcoin spot ETF inflows shrink
Prior to the Bitcoin price hitting new record highs, the US spot ETF experienced two consecutive days of inflows surpassing $1 billion. SoSoValue data highlights approximately $1.18 billion in net inflow on Thursday, with $1.03 billion streaming in on Friday.
Institutional appetite for Bitcoin as an alternative hedge asset against macroeconomic uncertainty, particularly surrounding tariffs in the US, catalyzed the rally to new record highs.
However, with June's CPI data expected to rise, investors are taking precautions, considering the significant drop in spot ETF inflow volume to around $297 million, as recorded on Monday.
The Ethereum spot ETFs' uptrend held steady on Monday, with inflows increasing to $259 million from approximately $205 million on Friday. This marked the seventh consecutive day of inflows, underscoring institutional risk-on sentiment.
Chart of the day: Can Bitcoin resume the uptrend?
The Bitcoin price trades 5% below its all-time high, reflecting increased volatility and profit-taking activity. The Relative Strength Index (RSI) reversal from overbought territory into the neutral area on the daily chart indicates fading bullish momentum, which could encourage traders to reduce their exposure.
If the decline persists, tentative support could emerge from a buyer congestion zone between $115,000 and $116,000, as tested on Friday.
Still, the uptrend could resume if traders hold steady, as reflected by the Money Flow Index (MFI) moving flat-out at around 80. This tool tracks the amount of money entering or leaving BTC. If it resumes the uptrend, higher demand for BTC could boost the tailwind, thereby pushing the price above $120,000.
Altcoins update: Ethereum, XRP uptrend at risk
Ethereum price is currently trading at $2,976, following a rejection from around $3,084. Despite the pullback, bulls showcase resilience, with the RSI holding near overbought territory and the MFI indicator moving horizontally at 78.
If the correction persists due to US CPI data-related volatility, traders could look toward levels at $2,880 and $2,664, which were tested in June and early July, respectively, for short-term support.
As for XRP, the path of least resistance is shifting downward, accentuated by the RSI falling to 77 from Monday's peak of 83. Traders should monitor the RSI for an extended drop into the neutral region, which could accelerate the down leg toward $2.65, a resistance level that has become support, and the 50-day Exponential Moving Average (EMA) at $2.34.
The approval of the ProShares Ultra XRP ETF, a futures product with 2x leveraged exposure to XRP price action, by NYSE Arca could boost interest in the cross-border token. The XRP futures ETF is expected to trade on NYSE Arca under the ticker UXRP.
ProShares plans to launch two additional products: The Short XRP ETF (XRPS) and the UltraShort XRP ETF (RIPS), according to a filing with the Securities and Exchange Commission (SEC) on Monday.
The adoption of XRP and related financial products in the broader cryptocurrency market, along with these products, could boost interest in the token and catalyze the next breakout above $3.00 while targeting record highs.
$BTC
🔍 TANSSI/USDT (15-Min Chart) — Volume Clues, Climax Analysis & EMA Based Insights:
📊 Volume Clues (Smart Money Behavior)
1. Pre-Bounce Volume Surge:
• Around 12:00, we see a clear climax candle with 2.59M volume on a long red bar that quickly reversed into green.
• This type of pattern often signals exhaustion by sellers and possible smart money accumulation.
2. Post-Volume Reversal:
• Followed by multiple bullish candles with rising volume, showing buyer interest stepping in.
• Indicates early stages of a potential reversal or relief bounce.
⚡ Volume Climax Insight
• The highest single bar volume (2.59M) near 0.0520–0.0525 coincided with:
• A long wick and sharp recovery
• Typical volume climax + shakeout behavior seen before trend transitions.
• If volume starts decreasing while price rises, expect possible pullback or retest.
🧠 Smart Price Action Expectation:
1. ✅ If volume builds near 0.0535 and breaks above:
• Short squeeze toward 0.0545–0.0550 likely.
2. ❌ If price hits 0.0535–0.0540 with decreasing volume:
• Expect bull trap or lower high rejection.
3. 🔄 If price returns to 0.0522–0.0525 on low volume:
• Could form a higher low, and offer a long entry.
📊 EMA-Based Insights (15-Min Chart Estimate):
📍 Trend Phase Analysis (Visual Estimate):
• Price is currently below the estimated EMA 50 & EMA 21, indicating:
• The broader trend is still bearish, despite a bounce.
• However, price has crossed EMA 9 recently, suggesting:
• A short-term bullish reaction is underway.
🧠 How to Use EMA Zones in This Case:
🔺 Resistance Zones (Dynamic):
• EMA 21 and EMA 50 will likely act as resistance between 0.0538 – 0.0545.
• Watch for rejection at those levels if volume doesn’t increase.
🟢 Bullish Confirmation:
• If price closes above EMA 50 + volume increases, it confirms:
• A potential short-term trend reversal
• Likely move toward 0.055+
🔻 Bearish Warning:
• If price gets rejected at EMA 21 or 50, and drops below 0.0525:
• Indicates a failed breakout and continuation of the downtrend
✅ Suggested EMA Setup in TradingView:
Add the following EMAs to your chart:
• EMA 9 → Blue
• EMA 21 → Orange
• EMA 50 → Red
Then:
1. Watch how candles react to these zones.
2. Wait for crossovers + volume confirmation for any entry.
$TANSSI

📊 Ethereum (ETH/USDT) Market Update + Future Prediction
🕒 Timeframe: 1H | 📍 Current Price: ~$3,024.50
Ethereum is showing signs of short-term bullish strength after bouncing from a local low around $2,930.00. On the 1H chart, we’re observing a decisive recovery with candles pushing above all key moving averages — MA5, MA10, MA30, and EMA10/30 are now forming bullish alignment.
🔍 Technical Breakdown:
1️⃣ MACD Signal:
The MACD line just crossed above the signal (DIF > DEA), and the histogram is flipping green — indicating a momentum reversal from bearish to bullish. This suggests buyers are regaining short-term control.
2️⃣ RSI Outlook:
On the 1H chart, RSI(6) is hovering around 79 — nearing the overbought zone. While that shows strong buying interest, it could also hint at a near-term cooldown or consolidation.
3️⃣ KDJ Momentum:
J line surges to 98+, D and K follow closely. This is a high-momentum breakout signal — typically seen before price continues upward or pauses for reaccumulation.
4️⃣ WR Confirmation:
Williams %R has surged from deep oversold to above -10, confirming bullish momentum. This reversal often follows with continuation toward previous highs.
🔮 Short-Term Prediction:
If momentum sustains above 3,000, ETH may retest the recent local high near $3,084.
A breakout above that could extend toward the next resistance zone around $3,120–3,140.
🛑 Caution: If price drops back below the $2,980 level with weakening MACD and RSI divergence, we could see a correction toward $2,940 before another leg up.
🧠 Multi-Timeframe Refinement:
🔸 15-Minute View: Bullish continuation with short-term consolidation forming a bullish flag pattern.
🔸 4H Chart: Still range-bound between $2,930 and $3,100. Watch for confirmation candle above $3,085 to validate bullish breakout.
$ETH