CNX Resources Bollinger Bands Narrowing, KDJ Death Cross on 15min chart

Based on CNX Resources' 15-minute chart, the Bollinger Bands have recently narrowed, indicating a decrease in the magnitude of stock price fluctuations. Furthermore, the KDJ Death Cross at 07/09/2025 15:45 suggests that the momentum of the stock price is shifting towards the downside and may potentially continue to decrease.

Bitcoin (BTC) has started the week in bearish territory despite early gains, trading around $108,698 after a decline of 0.48%. The flagship cryptocurrency reached an intraday high of $109,726 before losing momentum and dropping to its current level. Analysts believe BTC is on the verge of a significant move, with Bollinger Bands reaching a critical point that could suggest a breakout is imminent [1].

The week ahead is crucial for Bitcoin, with several key events on the horizon. The Federal Open Market Committee (FOMC) minutes are scheduled for release on Wednesday, which could provide insights into potential interest rate changes. A rate cut could be bullish for BTC, but the odds have reduced due to strong nonfarm payrolls data. Additionally, President Trump's tariff deadline is looming, which could have a significant impact on the broader market and Bitcoin [1].

MetaPlanet, a Japanese Bitcoin treasury firm, has completed the acquisition of an additional 2,205 BTC, taking its total holdings to 15,555 BTC. The firm's latest purchase was made at an average price of 15.64 million yen per Bitcoin for a total price of 34.49 billion yen ($213 million). This is the firm's largest single-day purchase since it began its Bitcoin strategy [1].

Blockchain intelligence firm Arkham has stated that the recent $8.6 billion worth of Bitcoin (BTC) moved last week does not seem to be heading for a sell-off. The transfers may be related to address upgrades, moving from 1-addresses to bc1q-addresses, rather than a sell-off [1].

Despite the recent decline, analysts remain optimistic about Bitcoin's potential for a recovery. The position of the Bollinger Bands suggests a big push upwards could be imminent, with the bands being tighter than they've been in over a year. Additionally, consistent institutional demand through ETF inflows and treasury companies supports a bullish outlook [1].

Polygon's POL token is also seeing renewed momentum ahead of the Heimdall v2 mainnet upgrade scheduled for July 10. The token is trading at $0.2001, up 7% in the past 24 hours and 11% over the past week. The upgrade is expected to update the consensus layer from Tendermint and Cosmos-SDK v0.37 to CometBFT and Cosmos-SDK v0.50, improving security, stability, and traceability [2].

References:
[1] https://bitzo.com/2025/07/bitcoin-price-analysis-btc-starts-crucial-week-in-the-red-slips-below-109000
[2] https://crypto.news/polygon-pol-rally-heimdall-v2-mainnet-launch-2025/