Esam_Trading

As mention earlier, $PENGU weekly zone (0.0064-0.0057) still continues to hold and we are seeing bullish pressure in forms of wick on each weekly candle.

We might keep testing this zone, but given price unable to break below the zone suggests possible sellers absorption and after that expecting the bullish pressure to be appear in a form of green candle on weekly timeframe.

Low leverage liquidity has already been wiped out on $BTC . What remains is the liquidity sitting at 62-65k region. We can grab a small long liquidity at 58k, I’m not ruling this scenario out. But chances of taking the liquidity at 62-65k region are high at the moment.

Sellers momentum has already been weakened and we are already seeing futures CVD on futures raising high. Now, on Monday open can expect spot demands to flow in as well.

Many HTF are also showing signs of bullish divergence on RSI and MACD. The same scenarios are being build on $PENGU as well and when bitcoin will pump, I can expect $PENGU coin to pump as well. The earlier analysis related to the meme coin also are still in play.

Long to Short Liquidity has a high imbalance right now on $BTC Next resistances are at 62k and 65k for now. 65k will be a crucial resistance level, if it flips then 72k will be next, otherwise shorts will be favoured.

$PENGU is now up from 6176 and trading at 6411 since weekly analysis was posted. Now, it is hitting the 4H downward resistance line.

With bullish divergence being formed on every higher timeframe are frame, RSI and MACD also showing weakened sellers momentum and green candles are depicting strength of buyers re-appearing in the market.

I’m expecting the buyers pressure to appear and break the downward resistance line and take off to our levels marked earlier to grab short liquidity. There’s huge amount of shorts liquidity present at those levels.

$PENGU has formed bullish divergence on 1D timeframe.

$PENGU is currently at weekly accumulation zone. At this zone every sell volume had lower participation as compared to every pump, which had more participation. This is a strong zone marked in grey, expecting this to hold and bounce from there. Targets of 8938 and 10722
If current weekly closes strongly bearish then we can expect it to continue further downward, otherwise looks good atm.

🚨 Bitcoin ETFs Bleed $696M in One Day as BTC Dips Below $60K

On June 25, US spot Bitcoin ETFs saw their biggest outflow of June, a massive $696.3 million outflow in a single day. That pushed June’s total outflows to $3.61 billion and year-to-date to $4.6 billion.

ETF total assets have now dropped below $73 billion ($72.6B) for the first time since late 2024, that’s a painful ~57% crash from the all-time high of $169.5B back in October 2025.

This selloff is moving in sync with traditional markets. Asian indices got hammered yesterday , Kospi down over 8% (circuit breaker), Nikkei -4.9%, Hang Seng -2.3%. Hotter-than-expected US inflation data is also keeping rate cut hopes on ice.

Strategy (MicroStrategy) is also pumping the brakes. They only bought ~3,600 $BTC in June so far (vs 25k in May and 50k+ in April). Even had a small net sale of 32 BTC earlier this month. Their $STRC preferred stock is feeling the heat too.

🚨 ZachXBT Raises Red Flag on AscendEX Withdrawal Delays

Multiple users are reporting withdrawal delays stretching from several days to weeks, with some requests seemingly stuck in limbo.

According to the on-chain detective, the exchange’s known hot wallets across major chains (Ethereum, Tron, Solana, etc.) are looking quite thin on key assets like ETH, USDT, and SOL. While hot wallet balances don’t tell the full story (exchanges use cold storage, custodians, and internal accounts too), combined with widespread withdrawal complaints, it’s creating real concern around liquidity and reserve visibility.

👉Why This Matters:

•Withdrawal stress is one of the quickest ways trust evaporates in CEXs.

•Users can’t easily verify internal reserves or processing queues.

•This situation echoes recent issues seen on other platforms where delayed withdrawals quickly escalated.

ZachXBT shared the relevant hot wallet addresses so the community can monitor them directly via Arkham and other explorers. He also referenced AscendEX’s past $78M hot wallet hack from December 2021 as part of the risk context.

So far, AscendEX hasn’t issued any official statement addressing the complaints, new incidents, or recovery timelines.

🚨 Michael Saylor Breaks 2-Day Silence Amid BTC Dip! The Bitcoin Bull Remains Unshaken

While Bitcoin dipped below $60K and the market got shaky, the biggest BTC maxi out there, Michael Saylor, went quiet on X for two whole days. The crypto community even started joking that the dip had finally silenced the loudest bull.
But today he returned with a strong message.

Saylor reaffirmed that Strategy (MicroStrategy) is sticking 100% to their Bitcoin-first strategy. No panic, no pivot.

Classic Saylor. Diamond hands through the storm.

The Numbers Behind the Headlines

•Strategy is currently sitting on ~844,000 BTC with an average buy price around $75,600.

•Unrealized losses have climbed to ~$13 Billion.

Why is Bitcoin Falling? The Strengthening Dollar is Hitting BTC Hard 📉

Bitcoin has been taking heavy hits lately, dropping below $60,000 this week for the first time since 2024. Currently hovering just under $59,230, $BTC is down roughly 30% in the first half of 2026. What’s really driving this sell-off?
The “Sell America” Narrative Reversed 🔄

Last year, many expected a weaker dollar due to rising US debt, tariffs, and pressure on the Fed. Bitcoin surged to over $126,000 (up ~350% in the rally) on that bet. Gold also hit records. But things flipped fast.

The dollar index is now at its highest in over 13 months. The “Sell America” story lost steam as tariff fears eased and recession worries faded. Fed Chair Kevin Warsh’s hawkish tone prioritizing price stability made it even clearer.

Why Higher Rates Hurt Bitcoin 💰

As Deutsche Bank’s Marion Laboure pointed out, a big part of institutional Bitcoin buying in 2024-2025 was based on expected rate cuts. Now that tightening is back on the table:

•Higher risk-free rates increase the opportunity cost of holding non-yielding assets like Bitcoin.

•Bitcoin is behaving more like a liquidity-sensitive risk asset than a safe haven right now.

•Spot Bitcoin ETFs saw ~$6 billion in outflows over six straight weeks, one of the biggest streaks in two years.

•Capital is rotating hard into AI and tech stocks. While $BTC is down ~43% in the past year, the PHLX Semiconductor Index is up 158%.

Even MicroStrategy is feeling the pain, shares down over 70% in 6 months, and they made their first Bitcoin sale since 2022.

$BTC

2.14 R:R move captured on $ETH 🔥

$HYPE price is unable to break through the 75 level resistance. We can expect it to retrace back to 54-56 zone. A double tap pattern is being formed on daily timeframe.

1.3 R:R done on this $ETH move🔥

$ETH Analysis

The chart is speaking louder than the crowd right now.

Retail traders are treating this as a clean recovery, but the internal picture tells a different story. ETH attempted to pull back and push higher, but the move is quickly losing steam. Volume is fading, profit-taking is visible, and the candle structure lacks the conviction needed for a strong breakout.

This is exactly where late buyers start feeling safe… right before the market often delivers the opposite.

I’m not saying $ETH is finished, but I don’t trust this bounce blindly. For me, this setup looks like a short opportunity from the upper zone.

Short $ETH

Entry: Market
TP1: $1,746
TP2: $1,700
TP3: $1,600
SL: $1,859

In a bear market, every pump looks beautiful… until it turns into a trap.
I’m following the data, not the noise.

DYOR. This is not financial advice. Trade responsibly.

This looks like a rising wedge formation on 1H on $TAO and price might be retesting the broken trendline for a move to downwards. Let’s see how this play out as rising wedges favour 65% probability of playing downward and 35% of fake out.

If price loses the yearly VP level zone 255-260 zone then 230-220-190 are on table for targets.

A retest of the URH node zone (440-460) would offer a great opportunity for $ZEC to continue its upward movement towards the 610-630-690 levels. If price fails to show a bullish rejection from the URH node and gets acceptance below the zone then $ZEC might be going to fill the weekly candle’s wick.

Whole market pumped on the peace deal but $TAO still struggling around the 280 zone. It’s having a hard time getting past the downward trend line.

May 24, I mentioned that $NEAR will be taking the downside liquidity. Recently after hitting 2.9 level, $NEAR dumped and took out the long futures and spot holders. $NEAR bounced almost ~40% from the 1.8 level after clearing out major long side liquidity. Now it currently trading at 2.5, just above the 2.2-2.35 zone which is great volume area of the current range.

A bullish reaction at this volume area could send it to retest the 2.9-3.0 zone. However, lose this volume are and we will be visiting 1.8 again.

As I mentioned earlier, for a move to the upward side we need to flip the 443 URH node. Now, $ZEC flipped and pumped ~22% on pure spot from the URH node 🚀

#USIranDealConfirmed #ZCash