📌 Originally published at shunya.trade — View with interactive charts & tools.
Shunya.Trade Options Engine

Crypto Market Pre-Market Analysis

July 22, 202612:00 AM LocalReal-Time Market Data
Bitcoin (BTC)
66,525.02
+1.99%
Ethereum (ETH)
1,929.00
+1.33%
Volatility Index — CBOE VIX
17.0% Moderate
Bitcoin (BTC)
Strong Bullish
66,525.02
+1.99%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bearish
RSI (63.9)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The tape holds above the 20-day average (63,797), maintaining the positive short-term trend channel. RSI at 64 holds above the 50-line, confirming the bullish directional bias without yet reaching overbought extremes. The MACD reading adds conviction to the long thesis — positive and expanding histogram with a bullish signal-line cross. Our 31-strategy scoring model ranks Long Call as the highest-conviction play at 86%.
Support / Resistance
Support57,747.77
Resistance71,334.95
Moving Averages
21-day SMA63,616.13
50-day SMA63,093.08
100-day SMA70,167.83
200-day SMA72,810.03
Moving Average Signals
Bullish short-term cross (21-EMA crossed above 50-SMA) — Trend accelerating upward
Momentum (RSI)
RSI at 63.9 confirms strong buying momentum, with room to run before becoming extremely overbought.
MACD Analysis
MACD is expanding positively, highlighting that buyers are firmly in control of momentum.
Bollinger Bands
Price has broken above the upper Bollinger Band, indicating strong upward strength but risk of reversion.
Volume Analysis
Volume trend is balanced, showing no decisive edge for either buyers or sellers.
Chart Pattern / Signal
Higher Highs and Higher Lows (Uptrend Structure)
Fibonacci Retracements
LevelPrice
High (0.0%)71,334.95
23.6%68,128.38
38.2%66,144.65
50.0%64,541.36
61.8%62,938.07
78.6%60,655.42
Low (100.0%)57,747.77
Extensions
ExtensionPrice
Ext 1.13 (Up)73,101.29
Ext 1.272 (Up)75,030.67
Ext 1.618 (Up)79,731.83
Ext 1.13 (Dn)55,981.43
Ext 1.272 (Dn)54,052.05
Ext 1.618 (Dn)49,350.88
Trade Setup
Entry
66,525.02
Stop Loss
65,582.60
Take Profit
68,409.87
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call86%
Buy OTM Call
Call Ratio Backspread86%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread83%
Buy Call + Sell higher Call
Ethereum (ETH)
Strong Bullish
1,929.00
+1.33%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bearish
RSI (68.1)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Trading above the 20-day SMA (1,815), the asset maintains its bullish price structure — dip-buying remains the high-probability play. With RSI at 68, the risk/reward for new long entries deteriorates. Favour strategies that benefit from a pullback or consolidation. MACD confirms the directional momentum: histogram above zero and widening. The impulse leg has room to extend. The model's top pick is Long Call (86%) — the optimal structure given current trend, momentum, and volatility readings.
Support / Resistance
Support1,506.51
Resistance2,003.97
Moving Averages
21-day SMA1,805.63
50-day SMA1,731.13
100-day SMA1,984.48
200-day SMA2,172.18
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 68.1 confirms strong buying momentum, with room to run before becoming extremely overbought.
MACD Analysis
MACD is expanding positively, highlighting that buyers are firmly in control of momentum.
Bollinger Bands
Price is trading comfortably within the Bollinger Bands, representing normal historical volatility levels.
Volume Analysis
Recent volume is noticeably higher on up-days, signaling strong underlying buyer accumulation.
Chart Pattern / Signal
Higher Highs and Higher Lows (Uptrend Structure)
Fibonacci Retracements
LevelPrice
High (0.0%)2,003.97
23.6%1,886.57
38.2%1,813.94
50.0%1,755.24
61.8%1,696.54
78.6%1,612.96
Low (100.0%)1,506.51
Extensions
ExtensionPrice
Ext 1.13 (Up)2,068.64
Ext 1.272 (Up)2,139.28
Ext 1.618 (Up)2,311.40
Ext 1.13 (Dn)1,441.84
Ext 1.272 (Dn)1,371.20
Ext 1.618 (Dn)1,199.07
Trade Setup
Entry
1,929.00
Stop Loss
1,891.68
Take Profit
2,003.65
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call86%
Buy OTM Call
Call Ratio Backspread86%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread83%
Buy Call + Sell higher Call
Market Search Previews
Key Takeaway
Monitor BTC dominance, funding rates, and on-chain metrics for confirmation of the current regime.
Free Daily Analysis
Get Pre-Market & Post-Market Setups Every Day
Options Engine signals for NIFTY, S&P 500, DAX, Forex & 10+ global markets — completely free.
Explore Shunya.Trade →
⚠ Disclaimer: This analysis is for educational and informational purposes only. It does not constitute financial advice. Options trading involves significant risk of loss. Past performance does not guarantee future results. Always conduct your own research and consult a qualified financial advisor before making any investment decisions.