PENGU price Faces Potential Correction Amidst Shifting Market Indicators
The cryptocurrency PENGU is currently experiencing a bullish short-term trend. Tho, an increase in exchange inflows and a negative sentiment observed in the derivatives market suggest that a price correction might potentially be on the horizon. Investors are closely watching the $0.0436 level, as a failure by buyers to maintain this zone could lead to PENGU revisiting lower support around $0.038.
Bitcoin Defies Sell-Off: $110K Level Holds Amidst Market Intrigue
Key Indicators Show Balanced, Tense Trading Environment Despite Large BTC Inflows
Bitcoin is demonstrating resilience, maintaining its position above the critical $110,000 mark this week. This comes despite significant sell-side pressure and a notable influx of over 40,000 BTC onto exchanges, alongside the reactivation of dormant wallets.
Market Stability Amidst Exchange Inflows
The cryptocurrency experienced a downturn from its recent high of approximately $123,471. However, trading volumes on derivatives exchanges such as OKX, Binance, and Bybit show flat to slightly positive funding rates. This suggests a market that, while experiencing pressure, remains balanced and avoids excessive leverage or forced liquidations.
According to data from CryptoQuant, the stable funding rates imply a pause in aggressive leveraging. This calm in derivatives markets, even with substantial spot inflows, points towards a market in a consolidation phase, potentially gearing up for future movements once seasonal lulls subside.
Surge in Open Interest on Bybit
A significant development observed is the surge in Open Interest on Bybit, occurring concurrently with the price dip. This metric, often an indicator of growing interest and potential future price action, suggests that traders are increasing their positions despite the current sell-off.
The persistence of whale and over-the-counter (OTC) desk activity also contributes to the market’s underlying support. These large-scale transactions are crucial for absorbing selling pressure and maintaining price levels.
As of today, Bitcoin is trading at approximately $113,500, according to CoinMarketCap, reflecting a 2.5% decrease over the past 24 hours. This demonstrates the ongoing price discovery within the current market conditions.
Solana (SOL) is showing signs of a potential trend reversal, with analysts pointing to a confluence of technical and market indicators suggesting a period of relative outperformance against Ethereum (ETH). This shift could see SOL retesting previous highs and potentially establishing new ones.
Recent market movements indicate a rotation of capital into Solana, potentially driven by a combination of factors. Teh SOL/ETH trading pair has shown a reversal, breaking through multi-week resistance levels. This technical development, coupled with an overextended ETH/BTC ratio and growing indications of Ethereum’s overvaluation, suggests a favorable surroundings for Solana’s relative strength.
If these trends persist,the market may be witnessing the initial phase of a notable trend shift. Analysts suggest that a price target of $200 for Solana could become a more attainable baseline rather than an aspiring goal. this outlook is supported by on-chain data, which often provides insights into investor behavior and market sentiment.
The performance of cryptocurrencies is often influenced by macroeconomic factors, technological developments within specific blockchains, and broader market sentiment. Understanding these underlying drivers is crucial for assessing the long-term viability and potential growth of any digital asset. As the cryptocurrency market continues to mature,the interplay between different assets and their respective ecosystems becomes increasingly important for investors seeking to navigate its complexities.
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DOGE Price Surge Faces Potential Liquidation Headwinds as On-Chain Data Signals Weakening Momentum
July 19, 2025 – Dogecoin (DOGE) has experienced a significant price increase, but on-chain data and analyst sentiment suggest the rally might potentially be losing steam, possibly leading to a cascade of liquidations for leveraged traders.
A recent analysis of the DOGE/USDT liquidation heatmap on Binance reveals considerable liquidation levels concentrated around the $0.19 mark. This indicates a critical price point where a significant number of leveraged long positions could be forcibly closed, potentially triggering a sharp price decline.
one notable trader, identified by Lookonchain, has reportedly secured $2.14 million in profits and has subsequently initiated a 10x long position on 84.08 million DOGE, with a liquidation price set at $0.19.This aggressive strategy highlights the high-stakes environment surrounding the current DOGE price action.
However, on-chain flows and analyst sentiment, as observed on platforms like Santiment and X (formerly Twitter), suggest that the upward momentum driving DOGE’s price may be unsustainable. These indicators point towards a potential weakening of market strength, making a continued push towards the $0.30 target a low-probability outcome as the first month of the third quarter concludes.
DeFi Roars Back: TVL Surges 57% to Three-Year High
Tokenized Assets and Ethereum’s Dominance Fuel Sector’s Revival
The decentralized finance (DeFi) sector is experiencing a significant rebound, with its total value locked (TVL) skyrocketing by 57% since April to reach $138 billion. This impressive growth marks the highest level seen in three years and is largely propelled by Wall Street’s increasing interest in tokenized real-world assets.
DeFi’s Resurgence Gains Momentum
After a prolonged downturn, DeFi protocols have seen a dramatic resurgence. On July 18th, TVL hit $138.5 billion, a peak not reached since May 2022, according to data from DeFiLlama. This figure represents a substantial 57% increase from the April low of $87 billion, signaling a strong shift in market sentiment.
Institutional capital is returning, retail users are gradually re-engaging, and Ethereum continues to dominate the ecosystem, accounting for nearly 60% of the total TVL. While still trailing its all-time high by 30%, DeFi’s current upward trajectory is a powerfully bullish indicator.
Key Growth Drivers Identified
This revival is not uniform but is primarily driven by three powerhouse sectors: lending, liquid staking, and the rapidly expanding restaking category. The total value locked in these segments is nearing $50 billion.
Leading the charge, Aave, a prominent lending platform, has surpassed $50 billion in cumulative deposits, cementing its role as crucial market infrastructure. Lido DAO remains the frontrunner in Ethereum liquid staking, securing over $32 billion, with EigenLayer, a notable restaking innovator, rapidly gaining traction and holding close to $17 billion.
Ethereum: The Ecosystem’s Backbone
A significant portion of DeFi’s recent recovery is attributed to Ethereum, which serves as both the foundational infrastructure and a hub for innovation. Since the start of 2024, the value of tokenized real-world assets (RWAs) on Ethereum has surged nearly 20-fold, driven by major asset managers integrating traditional financial products onto the blockchain.
Much of DeFi’s resurgence can be traced back to Ethereum, which continues to anchor the ecosystem as both infrastructure and innovation hub. Since January 2024, the value of tokenized RWAs on Ethereum has grown nearly 20x, thanks to major asset managers bringing traditional fund products onchain.
— ChainGPT AI (@ChainGPTAI) July 17, 2025
Ethereum’s underlying fundamentals are robust: over $270 billion in TVL, $137 billion in stablecoins, $120 billion staked, and nearly $40 billion in liquid staked assets. With decentralized exchange (DEX) volume approaching half a trillion dollars year-to-date, Ethereum’s influence is increasingly extending into traditional finance (TradFi) territories.
As of August 2025, the total market capitalization of all cryptocurrencies has surpassed $2.7 trillion, with Ethereum’s ecosystem playing a central role in this broader digital asset market expansion. This renewed activity in DeFi signals potential for sustained growth and innovation in the coming months.
Assemble AI Crypto Surges Amidst Regulatory Clarity, Whales Accumulate
Assemble AI’s native token, ASM, has experienced a significant price jump, fueled by positive legislative developments in the United States. Despite a minor pullback after reaching new highs, major holders are demonstrating confidence through continued accumulation.
Regulatory Tailwinds Boost ASM
The crypto market saw a broad rally following the U.S. House’s passage of three key regulatory bills. This positive sentiment propelled Assemble AI’s ASM token to a remarkable 164% increase at the time of reporting. The surge contributed to the overall crypto market capitalization reaching an all-time high of $4 trillion.
Record Trading Volume Underpins Rally
The upward price action was accompanied by an unprecedented surge in trading volume for ASM. The token ranked second on CoinMarketCap for 24-hour trading volume, experiencing an astonishing 4,800% increase. On-chain data revealed a seven-month high in volume, with 58 million ASM traded.
This volume surge surpasses previous peaks, including January’s rally that pushed ASM to a local high of $0.08. Analysts suggest this renewed investor interest could signal sustained momentum for potential future breakouts.
The ability of ASM to maintain high trading volumes will be crucial. A continued inflow of traders could help the token retest its previous $0.08 high. However, a significant drop in volume might serve as a cautionary indicator for recent buyers.
Whale Holdings Show Accumulation Trend
Data indicates that large-scale holders, specifically those with 100 million to 1 billion ASM tokens, have been actively accumulating. Over the past four days, this cohort added more than 100 million ASM tokens to their reserves. Notably, they exhibited no signs of selling during the recent upswing.
This accumulation pattern represents a reversal from their selling behavior in the first half of 2025, suggesting renewed confidence in ASM’s future performance. As of July 2025, the average balance for holders with 100 million to 1 billion ASM tokens stood at approximately 230 million tokens, up from around 180 million a week prior.
Conversely, a different group of whales, holding between 10 million and 100 million ASM tokens, were identified as the primary sellers. This cohort divested over 150 million ASM tokens during the price rally.
In summary, the recent surge in Assemble AI’s price was primarily driven by positive crypto legislation and a substantial increase in trading volume. While a segment of larger token holders has shown commitment through accumulation, a portion of smaller large-cap holders chose to realize profits.