Morning market review - Sunday, July 12, 2026

On the daily chart, Bitcoin oscillates in the range of 62,000 - 66,000 USD. After a strong downward correction in May, the price is consolidating, creating potential support at the level of 62,000 USD. Technical indicators suggest a possibility of a rebound, but there are no clear bullish signals. Key resistance is located around 66,000 USD, and breaking through it could open the way for further increases.

On the 4-hour chart, there is a consolidation in the range of 62,800 - 64,500 USD. Sideways movements dominate, and the volume remains at an average level. The RSI and MACD indicators are neutral, suggesting a lack of clear direction. A breakout above 64,500 USD could initiate a short-term uptrend, while a drop below 62,800 USD could open the way to lower levels.

On the hourly chart, Bitcoin is approaching local resistance at 63,900 USD. We are observing slight selling pressure, but there are no clear bearish signals. Technical indicators are mixed, with MACD indicating potential weakening. Key support is at 63,200 USD, and a break below it could lead to further declines.

The 15-minute chart indicates volatility in the range of 63,500 - 63,800 USD. We are observing buying activity at lower levels, but there is a lack of clear upward momentum. The RSI indicators are neutral, suggesting consolidation in the short term. A breakout above 63,800 USD could signal potential short-term gains.

Option data for IBIT indicates a very bullish sentiment with a put/call ratio of 0.44. The most open call positions are at strikes above ATM, suggesting bullish expectations. Max Pain at $33 indicates potential support in case of declines. The high volume of calls compared to puts reinforces the bullish expectations of market participants, although the neutral Fear & Greed Index may suggest caution.

Bitcoin is showing signs of consolidation with key support at 62,000 USD and resistance at 66,000 USD. Options indicate a bullish sentiment, which may support a potential rebound. Key levels to watch are 63,900 USD as short-term resistance and 63,200 USD as support. The bias remains neutral, with a slight bullish edge due to the options data.

On the daily chart, Ethereum is in a consolidation phase after a previous decline. Currently, the price is oscillating around the level of 1793 USD. Support can be identified around 1650 USD, while resistance is at 1950 USD. Moving averages indicate a potential sideways movement, and trading volume remains at an average level, suggesting investor indecision.

On the 4-hour chart, a local uptrend is visible, which has encountered resistance at the level of 1810 USD. The price is currently oscillating around 1793 USD, which may indicate an attempt to test the previous resistance. Short-term support is at 1760 USD. Momentum remains moderate, and the volume at this interval suggests a possible continuation of consolidation.

On the hourly chart of Ethereum, a correction is visible after the previous increase, with a support level at 1780 USD. The price bounced off the resistance at 1810 USD, which may suggest further downward movements. The volume indicates reduced trading activity, which may be a precursor to further consolidation. The key level to watch is 1780 USD.

The 15-minute chart shows local consolidation with a slight downtrend. The price of Ethereum oscillates around 1793 USD, with resistance at 1800 USD and support at 1785 USD. Trading activity is low, which may suggest a lack of decisiveness in the short term. Investors should watch for a breakout from this narrow price range.

Options data suggests a very bullish sentiment with a Put/Call ratio of 0.25. The highest interest in call options is at levels of 14 and 18 USD, indicating expectations for an increase in the price of ETHUSD. On the other hand, support on the put side is at the level of 10 USD, which may act as a psychological barrier. Max Pain at the level of 10 USD indicates a potential price equilibrium point from the perspective of option sellers.

Ethereum is showing signs of consolidation with a slight bullish sentiment. Key resistance levels are at 1810 USD, while support is at 1780 USD. Options data suggests a bullish outlook from investors, which could lead to increases if the 1810 USD level is broken. The overall bias is neutral to slightly bullish, taking into account the key options levels.