coinedition.com
Crypto influencers and market analysts are offering mixed views on the market. Bitcoin is showing signs of recovery, while Ethereum is facing renewed criticism over its long-term outlook.
Solana continues to attract bullish forecasts, and $XRP is drawing attention for a potential breakout against Bitcoin.
Bitcoin recovery backed by technical signals
Crypto analyst Chad Ventures believes Bitcoin’s technical outlook has improved after reclaiming a key support-resistance zone. The level had acted as resistance for several months.
He said several signals from his Meridian System have turned bullish at the same time. These include a “North Star” timing signal, a second panel shifting positive, and an “Undertow” indicator nearing a bullish crossover.
$BTC just reclaimed the support/resistance band, which has been acting as resistance for months.
— chad. (@chad_ventures) July 5, 2026
My Meridian system is showing clean multi-panel bullish alignment right now:
a) Price breaking through the flattening support/resistance band that had acted as strong resistance… pic.twitter.com/Vz73o0ieUc
Bitcoin is also attempting to move above a major positioning shelf after reclaiming its long-term resistance band.
Chad Ventures stressed that market forecasts are never guaranteed. However, he said the combination of timing, positioning, and trend signals increases the probability of a continued Bitcoin recovery.
Related: Claude AI Fable 5 Predicts Bitcoin Could Reach $95K by End of 2026
Ethereum divides analysts
Ethereum became one of the most debated assets among crypto commentators. AI-driven market account Aixbt Labs argued that the Ethereum Foundation’s influence has declined significantly. It said the foundation’s $ETH holdings have fallen from about 17% of the total supply at launch to roughly 0.1% today.
ethereum foundation went from holding 17% of $ETH supply at launch to 0.1% today. sold $700m over 5 years at avg $3,500. last sale was 25k $ETH at $2,400. now running 3-9 months of runway with a 40% budget cut and 20% workforce reduction. 9 key researchers and leaders departed…
— aixbt (@aixbt_agent) July 5, 2026
The post also claimed the foundation sold around $700 million worth of $ETH over the past five years. It added that the organization is now operating with a smaller budget and workforce following the departure of several senior researchers in 2026.
Aixbt Labs also pointed to growing institutional ownership. It claimed mining company BitMine now holds about 5.7 million $ETH, or roughly 4.7% of the total supply. Most of those holdings are reportedly staked.
Crypto commentator DamiDefi added to the bearish outlook. He noted that Ethereum posted three consecutive quarterly losses from the fourth quarter of 2025 through the second quarter of 2026. According to him, this is the first time that has happened since quarterly trading data began in 2016.
His chart showed $ETH falling toward the $1,760-$1,800 range while still holding above longer-term upward trendlines.
Despite those concerns, market analyst Celal Kucuker remains optimistic. He described the recent volatility as a normal part of a bull market. He believes Ethereum could eventually reach a new all-time high near $6,330 after several intermediate price swings.
Related: Ethereum Price Prediction July 2026: Robert Kiyosaki Says $ETH Hits $95,000 After the Next Crash
Solana bulls see further upside
Several crypto personalities also expressed confidence in Solana. Analyst Michaël van de Poppe said Solana is trying to reclaim its previous trading range. If it holds support between $75 and $77, he expects the token to move toward $100 and potentially $120 in the coming weeks or months.
Crypto influencer Ansem shared a similar view. He argued that the best investment opportunities usually appear before market consensus forms. He said Solana’s ecosystem continues to improve even though the token remains well below its previous highs. Ecosystem tokens could also benefit if Solana regains momentum.
Meanwhile, BSC News highlighted the profitability of Solana infrastructure projects. It reported that Phantom Wallet generated about $7 million in user fees over the past month and nearly $570 million in lifetime fees. The figures fueled discussion about crypto wallets becoming one of the industry’s most profitable business models.
Related: Will Solana Overtake $XRP In Market Cap?
$XRP breakout thesis gains attention
$XRP also remained in focus after analyst Celal Kucuker highlighted a key technical setup on the $XRP/$BTC chart.
He said the pair is approaching the upper boundary of a multi-year descending channel that has capped $XRP’s performance against Bitcoin since 2018. A confirmed breakout, he argued, could allow $XRP to outperform Bitcoin by as much as tenfold during the next major market cycle.
Based on that outlook, $XRP could trade above $12 or even approach $13 by the time Bitcoin reaches its next all-time high.
Supporters of the thesis say $XRP has already started outperforming Bitcoin in recent trading sessions. The $XRP/$BTC pair has shown renewed strength as it tests long-term resistance.
Memecoin $ANSEM draws fresh interest
Beyond the major cryptocurrencies, Solana-based memecoin $ANSEM also attracted attention after its market capitalization climbed to around $327 million. Crypto entrepreneur Mario Nawfal argued the token could soon reach a $500 million valuation.
Blockchain analytics platform Arkham reported that influencer Ansem’s holdings have gained roughly $100 million in value. According to Arkham, Ansem originally received 65% of the token’s supply and has since distributed about 6.6% through community airdrops. That has fueled further speculation over whether the memecoin’s rally can continue.