Bitcoin(BTC) Regular Invest

Bitcoin, the leading cryptocurrency, started the new week trading around $62,000. Despite lingering uncertainty regarding BTC's behavior amidst new developments in U.S.-Iran relations, analysis from trading platform BIT (formerly Matrixport) indicates that fears of a significant price drop in the options market are beginning to fade. The firm suggests Bitcoin may be forming a higher bottom, with the most intense selling fears likely having passed. BIT emphasized that maintaining a positive outlook for Bitcoin and holding the $62,000 support level is crucial for a recovery. The analysis notes that current market participants hold relatively small positions, which should limit further selling pressure. Furthermore, price movements in the options market this week will be critical for Bitcoin's short-term direction, as a narrowing of the options curve's negative skew could reignite upward momentum. However, the company also cautioned that macroeconomic pressures on the crypto market persist. According to the analysis, geopolitical events and rising U.S. Treasury yields remain the most significant risk factors for Bitcoin and other risk assets. BIT concluded by stating that its assessment is solely market analysis and should not be considered investment advice.

Japanese financial giant SBI Holdings, which holds $42.2 billion worth of XRP, has linked the recent decline in XRP's price to regulatory delays in the United States. SBI's director, Yasuo Nishikawa, explained that investors are awaiting the outcome of the pivotal U.S. crypto regulation bill, the Clarity Act, currently under Senate review. This uncertainty has led to cautious investor behavior, putting pressure on the broader cryptocurrency market and specifically on XRP's value. Despite the short-term weakness, Nishikawa emphasized SBI's unchanged long-term confidence in XRP, reaffirming its status as a strategic asset for the company. The article clarifies that this is not investment advice.

Ethereum price forecast: Can ETH break $2,000 as the ETH/BTC ratio forms a cup and handle pattern? As of August 3, 2026, Ethereum (ETH) is trading at $1,856.19, consolidating within a Fibonacci range between $1,837 and $1,939. A descending trendline from May's peak continues to cap recovery attempts, with key resistance near $1,925-$1,940 (100-day EMA and trendline confluence). The RSI at 49.99 shows neutral momentum with a bearish divergence signal. Technical analysis identifies support levels at the 50-day EMA ($1,848.92) and the 0.382 Fibonacci level ($1,837.76). Resistance levels are noted at the 20-day EMA ($1,867.85), the 100-day EMA ($1,925.95), and the 0.5 Fibonacci level ($1,939.99). Spot Ethereum ETFs recorded their fourth consecutive week of net inflows, totaling $27.42 million for the week ending July 31. This contrasts with Bitcoin ETFs, which saw outflows the same day. The ETH/BTC ratio is forming a potential bullish "cup and handle" pattern on the daily chart. A confirmed breakout above the 0.030 resistance level would signal ETH outperforming Bitcoin. Fundamental debates highlight a disconnect: while Ethereum's ecosystem is scaling rapidly, with Layer 2 rollups processing significantly more transactions, the core network's fee capture has decreased. Data shows Ethereum L1 captured only about 4.9% of the fees generated by applications built on it in Q2 2026. Analyst Tanaka argues ETH's value accrual is shifting towards its role as collateral and settlement infrastructure for institutional adoption and tokenized real-world assets. **Bull Case Target: $2,042 (0.618 Fibonacci)** This scenario requires ETH to hold key supports, break the descending trendline, and see the ETH/BTC ratio break above 0.030, potentially pushing price towards $2,042. **Bear Case Risk Level: $1,711 (0.236 Fibonacci)** This scenario would involve ETH losing the $1,837 support and the ETH/BTC ratio breaking below 0.0285, potentially leading to a decline towards $1,711.

Hashdex announced it will liquidate its spot-price Bitcoin ETF (ticker: DEFI) and distribute cash to shareholders, selling its approximately 225 BTC holdings. The issuer cited trading liquidity, operating costs, and investor interest for the closure. Launched in March 2024, the fund had net assets of $14.25 million. Analysts initially saw potential despite its late entry compared to other competing Bitcoin ETFs, with Bloomberg's Eric Balchunas noting possible interest if fees were competitive. Originally a futures ETF launched in 2022, the fund peaked at $17.54 million in assets in May 2025. WisdomTree Bitcoin Trust (BTCW), the next smallest among US-traded BTC ETFs, holds $140.37 million.

The world's largest public holder of Bitcoin, the company "Strategy," has announced another sale of its Bitcoin holdings. According to founder Michael Saylor, the company sold 1,638 BTC for approximately $105 million between July 27th and August 2nd, at an average price of $63,957 per Bitcoin. The stated purpose of the sale was to fund preferred stock dividends and buy back its stock, ticker STRC. As a result, Strategy's total Bitcoin holdings have decreased to 842,138. The company has not purchased any Bitcoin for roughly six weeks, with its last purchase occurring in July. During the same period, Strategy also raised $290.6 million through a sale of its MSTR stock. A portion of these funds, $81.2 million, was used for the STRC buyback. The company reported that its US dollar reserves have grown to approximately $4 billion. This increase in cash extends the projected period for which it can fund dividends using these reserves by 57 days, to a total of 2.3 years. Strategy emphasized its current asset position, stating it holds 842,138 BTC in its Bitcoin treasury and $4.0 billion in its US dollar treasury as of August 2, 2026.