Market Thesis
The bear market is structurally intact. ETH and SOL are trading below their 200-day SMAs with long-term trend scores at or near zero. The short-term bounces (ETH ST 0.62) are being sold โ the Shooting Star on July 12 confirmed it.
The contrarian setup is in HYPE and INJ. HYPE is the only asset with bullish scores across all three timeframes. INJ is basing with neutral RSI and a catalyst four days out (Injective Summit, July 16). AAVE has the strongest confirmed trend with real buyback pressure from Aavenomics 3.0.
The signal feed is dominated by bearish momentum: declining MACD across mid-caps, oversold Williams %R on RAVE/STO/INC, and "sell the bounce" patterns on ETH.
VERDICT: Patient. Watch INJ Summit, HYPE structure, AAVE buyback. No A+ entries until LT trends turn on majors.