⸻ Crypto Market Insight July 24 🔹 Top Coins: Bitcoin (BTC) is trading at $117,200, showing renewed weakness after failing to reclaim $120K. Support is seen at $116.5K, with potential for further downside toward $116K. The structure is turning fragile near-term, with increased sell pressure during early sessions. Ethereum (ETH) trades at $3,620, failing to hold above $3,657 and drifting further from the $3,800 psychological barrier. Support holds at $3,600, while resistance is capped around $3,750–3,800. Momentum is weakening. XRP is now around $3.42, slipping further from last week’s highs. Support remains at $3.38, with upside capped at $3.57–3.66. Short-term bias is neutral to bearish. Solana (SOL) has dropped slightly to $196, retracing from recent highs. Support is seen at $185, with resistance now tightening at $200–202. Weakness in BTC is weighing on high-beta alts like SOL. ⸻ 📈 Altcoin Movers: Today’s outperformers include FET (+6.2%), INJ (+4.9%), and TIA (+4.3%), but most alts are showing early signs of distribution. Meme coins are cooling off sharply, and major caps like BNB and DOT are trending lower in tandem with BTC weakness. ⸻ 🌍 Macro & Sentiment: Traders are cautious ahead of the US session, with risk-off sentiment prevailing. While the GENIUS Act continues to provide a long-term bullish framework, the market is reacting to overbought conditions and awaiting movement on the CLARITY and Anti-CBDC Acts. Bitcoin dominance is holding near 52%, but altcoin sentiment has turned defensive. ⸻ 📊 Outlook & Key Levels: • BTC: Support at $116K–116.5K, resistance at $120K. Outlook: bearish bias near-term. • ETH: Support at $3,600, resistance at $3,750–3,800. Outlook: weak consolidation. • SOL: Support at $185, resistance at $202. Outlook: fading momentum. • XRP: Support at $3.38, resistance at $3.57. Outlook: soft pullback continuing. ⸻ 📣 CryptoCoach View: We’re adopting a short bias into the US session, with expectations that BTC could test $116.5K or lower, which would pressure the entire altcoin market. Caution is advised on any buy entries, especially for volatile alts. Until BTC reclaims $120K with strength, the market is vulnerable to further downside. Stick to the trend—we remain short for now.