$BTC Daily Analysis
BTC has put in a decent bounce off the $59k lows, but we're now approaching a key decision area.
Bullish points:
Price reclaimed the 9 EMA (~61.4k) on the daily.
Higher lows have formed over the last week.
Momentum has improved after the sharp June selloff.
Bearish points:
The 20 EMA (~62.3k) is acting as immediate resistance and price is stalling right into it.
The Daily 9 EMA on CME still looks weak and hasn't convincingly turned upward yet.
The 50 EMA (~69.4k), 100 EMA (~75.5k), and 200 EMA (~81.7k) remain stacked bearishly, showing the higher timeframe trend is still down.
Price is also trading below the monthly pivot (~63.5k), making this a heavy resistance zone.
Levels I'm watching
๐ข Support:
62.3k
59.2-59.5k
56k
๐ด Resistance:
63.5k (Monthly Pivot)
65.8k
69k (Daily 50 EMA)
My view
As long as BTC remains below the 20 EMA and monthly pivot, this looks more like a relief bounce than a confirmed reversal. Bulls need a daily close above 63.5-64k to build momentum toward 66-69k.
Failure here would likely send price back to retest the 59k region.
$BTC Daily Analysis
BTC has put in a decent bounce off the $59k lows, but we're now approaching a key decision area.
Bullish points:
Price reclaimed the 9 EMA (~61.4k) on the daily.
Higher lows have formed over the last week.
Momentum has improved after the sharp June selloff.
Bearish points:
The 20 EMA (~62.3k) is acting as immediate resistance and price is stalling right into it.
The Daily 9 EMA on CME still looks weak and hasn't convincingly turned upward yet.
The 50 EMA (~69.4k), 100 EMA (~75.5k), and 200 EMA (~81.7k) remain stacked bearishly, showing the higher timeframe trend is still down.
Price is also trading below the monthly pivot (~63.5k), making this a heavy resistance zone.
Levels I'm watching
๐ข Support:
62.3k
59.2-59.5k
56k
๐ด Resistance:
63.5k (Monthly Pivot)
65.8k
69k (Daily 50 EMA)
My view
As long as BTC remains below the 20 EMA and monthly pivot, this looks more like a relief bounce than a confirmed reversal. Bulls need a daily close above 63.5-64k to build momentum toward 66-69k.
Failure here would likely send price back to retest the 59k region.
Short-term (next 1โ4 weeks): I lean towards more downside risk than upside breakout right now. A rejection at $63.5k+ would likely lead to another leg down toward $59k or the $56โ58k zone. We've seen plenty of these failed bounces in consolidations.
Big update shipped for @wraithsolbot today!
Fixed the networking issues that were causing connection failures by resolving the IPv6 routing bug, added full error tracing so failures actually tell me what's wrong, and the bot now checks on startup if my fee wallet's wrapped SOL account exists so I know immediately if fees can be collected.
You can now buy and sell using token names or symbols instead of only contract addresses, with a picker if multiple tokens match. I also rebuilt the sell flowโheld positions now appear as buttons, partial sells (25/50/75/100% or custom) are supported, and positions update correctly after every trade.
I also reworked how migrations are handled. Instead of spamming alerts, https://t.co/W7CdXT15zQ tokens are now tracked silently and fed into the AI Gem Scanner alongside DexScreener data for smarter scoring. Only high-quality DexScreener gems (60+ score) are auto-broadcast, making alerts far cleaner and more useful.
Still more to build, but WraithBot keeps getting better.
The bot only sees a token after DexScreener has indexed it. DexScreener's boosts/profiles feeds only populate once a token already has some activity โ it's not the earliest possible signal. The actual earliest-signal source for Solana memecoins right now is PumpPortal's free WebSocket API, which streams every single https://t.co/W7CdXT15zQ token creation and trade event live, the instant it happens โ before DexScreener even knows the token exists. Swapping (or adding) that as a feed would be the single biggest "earlier in lifecycle" upgrade available, bigger than anything else on the list.
Gonne use that
Currently Updating and Improving GEM SCANNER on @wraithsolbot
Wider net, earlier in the lifecycle โ pull from DexScreener's token-profiles feed (freely submitted right at launch) in addition to boosts, and batch up to ~90 candidate tokens instead of just 6.
Faster polling โ 60s instead of 300s.
Momentum between scans โ persist a snapshot per token so we can detect "liquidity/volume just spiked since last check," which is a much earlier tell than a static 24h number.
Rescore for freshness โ the old scorer penalized new tokens for being new. Flipped that: age <6h with real liquidity now scores higher, since catching things early is the point.
Short-horizon signals โ added 5m/1h buy/sell pressure checks (previously only 24h), which catches acceleration long before it shows up in daily aggregates.
Persisted dedup โ the old "seen" set was in-memory and got wiped on restart/at 500 entries, causing missed or duplicate alerts.