Technical, institutional, and on-chain signals are strengthening across Bitcoin, Ethereum, XRP, and Solana. None guarantees a sustained rally, but together they suggest easing selling pressure.
Bitcoin Wallets Return to Accumulation
Bitcoin wallet data shows a shift over the past 30 days. After heavy selling, several wallet categories have started to buy again.
Retail wallets holding less than one BTC and mid-sized holders with 10 to 100 BTC are leading the accumulation. Larger wallets controlling between 1,000 and 100,000 BTC have also reduced selling, although their buying remains slower.
When smaller investors and major holders accumulate simultaneously, the pattern has often appeared near potential market bottoms. This does not confirm that Bitcoin has reached a final bottom, but it suggests that confidence is improving across the crypto market.
Ethereum Prints a Monthly Buy Signal
Ethereum recently produced a monthly buy signal on the TD Sequential indicator. Traders use this tool to identify possible trend reversals.
Past signals have been notable. A sell signal in September 2021 appeared before a major decline. A buy signal in September 2022 came before a strong recovery, while another signal in March 2025 preceded a substantial move higher.
Ethereum is also forming a possible “Double Dip” structure on the three-day chart. A similar pattern appeared before the sharp rally in 2025. However, the current formation still needs confirmation before traders can treat it as a reliable reversal.
Institutional demand remains supportive. Ethereum exchange-traded funds recorded about $US29.08 million in inflows, showing that larger investors are adding exposure despite volatility.
XRP Flashes a Fresh Buy Setup
XRP’s SuperTrend indicator has switched to a buy signal for the first time since mid-June. The previous signal was followed by a 14% rally, making the change relevant for traders.
The indicator also identified XRP’s previous major declines, including drops of approximately 19% and 16%. XRP was trading near $1.084 when the new signal appeared.
XRP ETFs attracted around $6.55 million in inflows. Although this was below Ethereum’s total, the inflows show continued institutional participation and strengthen the broader crypto recovery narrative.
Solana Remains More Cautious
Solana’s monthly chart is being compared to its 2022 bottoming structure. Traders have highlighted similarities between SOL near $80 today and its earlier setup around $40.
The monthly relative strength index stood near 42.41, suggesting weakness but not extreme oversold conditions. Some analysts believe another downside move may occur before Solana confirms a durable base.
Solana ETFs recorded approximately $2.20 million in inflows. This was the smallest figure among the major assets discussed, matching the cautious crypto tone surrounding SOL.
Short Liquidations Accelerate the Rally
Liquidation data also explains part of today’s move. Around 96,590 traders were liquidated within 24 hours, with total losses reaching approximately $US441.73 million.
Short positions accounted for nearly $281.69 million, while long liquidations totaled about $160.12 million. When prices rise quickly, forced short closures can add buying pressure and accelerate a crypto rally.
Ethereum recorded the largest single liquidation order, valued at roughly $18.20 million on Hyperliquid.
Conclusion
Bitcoin accumulation, Ethereum and XRP buy signals, ETF inflows, and heavy short liquidations support the current recovery. However, Solana’s unresolved setup and continued volatility show that the trend remains fragile.
The crypto market appears to be stabilizing rather than confirming a full breakout. Traders should watch daily and weekly closes, volume, ETF activity, and support levels before assuming that the rally will continue.
