OVERVIEW

Crypto Feels Like A Patient That Can Eat Solid Food Again 🍴

Here’s What’s Happening 👇️

Today’s top trending tickers: $AMP ( ▼ 0.21% ) , $TRUMP ( ▼ 0.66% ) , $XLM ( ▲ 2.21% ) , $ONDO ( ▲ 2.61% ) , and $LTC ( ▲ 1.16% )  

TECHNICAL ANALYSIS
Let’s Look At Some Charts - Zcash 👀

I’m starting with $ZEC ( ▲ 3.4% ) for 2 reasons.

First, it’s one of the few altcoins still showing serious staying power after a major rally. Second, if Zcash is going to act as a leading indicator for the privacy sector - and possibly the broader altcoin market - then it deserves a closer look.

There’s a boatload of stuff happening here. We’re starting with the time-cycle work from Gann. Then we’ll get into the actual price action.

Time Cycles - July 7

Yes, I know it’s not July 7.

Still, July 7 is an important date in Gann’s work. Gann warned that major advances and declines often culminate around this date. It’s one of those calendar windows where traders should watch for acceleration, exhaustion, or an outright trend change.

ZEC didn’t need to reverse precisely on July 7. Gann dates are better treated as windows than appointments. The surrounding price action matters more than landing on the exact date.

Time Cycles - The 180-Day Cycle

The late, great Connie Brown made an important point at a CMT event less than 2 years before she passed last fall: Gann day counts should not necessarily begin on the day of the major high or low. They begin with the confirmation swing.

Zcash’s major swing high occurred on November 7, 2025. But that isn’t where this count starts. The count begins on December 29, 2025. That’s when ZEC formed the lower high that confirmed the move lower.

Exactly 181 days after the December 29 confirmation high, ZEC formed a confirming higher low on June 28, 2026.

There’s another time relationship sitting on the same date. June 28 was also 91 days after the March 29 confirmation low.

Two separate Gann counts converged on the same swing date:

• 181 days from December 29

• 91 days from March 29

• Both landed on June 28

At this point, you’re probably thinking, “What the hell is even that? I don’t know what’s happeni...”

My point is simple. Since ZEC established its major swing high in November 2025, its Gann time-cycle structure has remained remarkably orderly. The confirmation swings are landing near recognizable divisions of the annual cycle.

That gives us future dates worth circling if ZEC is accelerating higher or falling through the floor:

• September 25, 2026

• December 24, 2026

Those are potential exhaustion or reversal windows. Direction does not matter. If ZEC is making a violent move into either date, start watching for that move to run out of gas.

If you want to get into the chicken bones, Magic 8 Ball and fortune-teller material, December 24 has a little extra seasoning. There’s a full moon on December 23. The moon then reaches perigee - its closest point to Earth - on December 24.

So, if ZEC is ripping higher or collapsing into the December 24 cycle window, there’s a decent chance the move is approaching exhaustion.

Now For The Price Action

Now let’s get to price action for ZEC. Lot’s of fun stuff going on if you’re a bull.

1. Unless ZEC closes the week to below $450ish, this week’s close will confirm an Ideal Bullish Ichimoku Breakout.

2. There is an inverse head and shoulder pattern developing.

3. The Composite Index is neutral and it’s current angle suggests it will cross and close above it slow moving average (orange/yellow line).

4. This is my personal trigger for ‘almost go time’ is the Detrended Price Oscillator. The ‘almost go time’ is when it crosses and closes above the zero line. And the proximity and angle suggest that could be a thing here soon.

TECHNICAL ANALYSIS
Let’s Look At Some Charts - Zcash 👀

Bitcoin

$BTC ( ▲ 0.97% ) had a pretty damn good close last week. It close above the prior weeks open and above the close of the week before that. The Tenkan-Sen is flat and there remains a bit of a gap between the candlestick bodies and the Tenkan-Sen. So a short term move to $70k isn’t a crazy

To be clear, nothing here from a weekly chart perspective is screaming 'reversal’ or imminent bull run. From an Ichimoku perspective, things are still overwhelmingly bearish. But at least the bleeding appears to have stopped for a bit.

Mind July 20 to July 27 though, Senkou Span A and Senkou Span B both slide south, and that means price action has a high probability of dipping down, too.

Ethereum

Similar to Bitcoin, $ETH ( ▲ 2.38% ) had a nice close last week and has, so far, held green (barely) this week. The Tenkan-Sen and black trendline above it are the most important near term resistance for Ethreum - right in the $2,000 to $2,100 value areas.

While the current position of the Composite Index and Detrended Price Oscillator look great for setting up a short term bounce, neither appear to have, at least to me, that kind of setup that screams prolonged drives higher.

NEWS
NatGold Tokenized Gold It Plans to Leave Underground 🤔

NatGold Digital has minted 106,800 NATG tokens from certified' gold resources in California and Idaho. One minor detail: the gold has not been mined. It is supposed to remain underground in what the company calls “Mother Nature’s Vault.”

NATG is not backed by bullion sitting in a secure facility. The tokens are generated from geological estimates of qualifying gold deposits, following technical, legal, title, and certification reviews. NatGold minted 57,200 tokens from California’s Cahuilla Gold Project and another 49,600 from the Friday Gold Mine in Idaho.

So investors get a token linked to estimates of gold that remains buried and is not intended to be extracted. This removes the bothersome feature where gold ownership involves owning gold. /endsarcasm

Modern finance remains undefeated.

NEWS
GrimCat Is Selling Characters Before Hiring Developers 😺

LeFluffy will launch 10,000 GrimCat NFTs on OpenSea on July 13, each intended to become a playable character in a future blockchain game. There is one small production wrinkle: the game does not exist yet, its title remains tentative, and the project still needs to hire the people who would build it.

GrimCat: Vigilante is described as an adventure where grumpy digital cats fight enemies, uncover mysteries, and carry their individual NFT traits into gameplay. Colors, markings, accessories, and personalities would transfer from the collection into the game. Would. Future tense is doing industrial-grade labor here.

LeFluffy says the NFT drop will help recruit the “best minds” needed to build the GrimCat universe. In ordinary development, a studio hires a team, builds a functioning game, demonstrates that people enjoy it, and then sells playable characters. GrimCat has rearranged the furniture.

First come the character sales.Then the employees. Then, if everything works, the product.

NEWS
USDC Got Its Banking Papers 🤯

$CRCL ( ▲ 4.97% ) received final approval from the Office of the Comptroller of the Currency to establish Circle National Trust, a federally chartered national trust bank.

That moves one of crypto’s most important settlement assets into a regulatory structure overseen directly by the same federal agency supervising national banks. Kind of a big deal.

Circle applied for the charter in June 2025, received conditional approval that December, and has now cleared the final federal hurdle. This follows licenses and regulatory approvals across New York, Europe, Singapore, Bermuda, Canada, Abu Dhabi, and the UK.

OLD NEWS
Crypto Stuff That Happened Today, But A Long Time Ago 📜

Here’s what was happening in the newsletter a year ago today:

• Bitcoin was punching into fresh all-time-high territory - BTC kissed $112K

• James Wynn got wiped on another leverage stunt - he opened a fresh 40x BTC short near $112K with a liquidation line around $112,360

• Robinhood launched crypto staking with a fat convenience tax

Here’s what was happening in the newsletter two years ago today:

• The market was trying to stabilize - total crypto market cap was attempting to reclaim $2.1T

• ETH and SOL looked healthier than most - ETH held above its 200-day EMA, while SOL was above its 200-day EMA and fighting to hold the 20-day EMA.

• The biggest policy headline was CFTC Chair Rostin Behnam saying 70%-80% of cryptos are not securities

OLD NEWS
Other Stuff That Happened Today, But A Long Ass Time Ago ⌛️

July 10

• 48 B.C. - Pompey nearly wrecked Julius Caesar at Dyrrhachium

• 1460 - Warwick captured Henry VI at Northampton

• 1584 - William the Silent was assassinated in Delft, making the Dutch Revolt lose its central figure

• 1832 - Andrew Jackson vetoed the Second Bank re-charter

• 1850 - Millard Fillmore was sworn in as president

• 1890 - Wyoming became the 44th U.S. state, joining the Union after already giving women voting rights

• 1893 - Daniel Hale Williams performed one of the first successful open-heart surgeries

• 1913 - Death Valley hit 134°F

• 1940 - The Battle of Britain began

• 1951 - Korean War armistice talks began at Kaesong

• 1962 - Nils Bohlin received the U.S. patent for the three-point seat belt

• 1973 - The Bahamas became independent from Britain,

• 1985 - French agents bombed Greenpeace’s Rainbow Warrior in New Zealand

• 2018 - The last Thai soccer players and their coach were rescued from Tham Luang cave

Get In Touch 📬

Email me, Jonathan Morgan, feedback; I’d love to hear from you. 📧
Follow me on Stocktwits 🫂 And Sponsor this newsletter 😎 

Terms & Conditions 📝

Securities Disclaimer: STOCKTWITS IS NOT A TAX ADVISOR, BROKER, FINANCIAL ADVISOR OR INVESTMENT ADVISOR. THE SERVICE IS NOT INTENDED TO PROVIDE TAX, LEGAL, FINANCIAL OR INVESTMENT ADVICE, AND NOTHING ON THE SERVICE SHOULD BE CONSTRUED AS AN OFFER TO SELL, A SOLICITATION OF AN OFFER TO BUY, OR A RECOMMENDATION FOR ANY SECURITY. Trading in such securities can result in immediate and substantial losses of the capital invested. You should only invest risk capital, and not capital required for other purposes. You alone are solely responsible for determining whether any investment, security or strategy, or any other product or service, is appropriate or suitable for you based on your investment objectives and personal and financial situation. You should also consult an attorney or tax professional regarding your specific legal or tax situation. The Content is to be used for informational and entertainment purposes only and the Service does not provide investment advice for any individual. Stocktwits, its affiliates and partners specifically disclaim any and all liability or loss arising out of any action taken in reliance on Content, including but not limited to market value or other loss on the sale or purchase of any company, property, product, service, security, instrument, or any other matter. You understand that an investment in any security is subject to a number of risks, and that discussions of any security published on the Service will not contain a list or description of relevant risk factors. In addition, please note that some of the stocks about which Content is published on the Service have a low market capitalization and/or insufficient public float. Such stocks are subject to more risk than stocks of larger companies, including greater volatility, lower liquidity and less publicly available information. Read the full terms & conditions here. 🔍

Author Disclosure: The author of this newsletter holds positions in AVAX, ADA, PUDGY, WLD, NEAR, INJ, LTC, LINK, ZEC, XLM, and FET. 📋