SentinelOne (S: NYSE)

SentinelOne (S) is set to release its second-quarter fiscal 2025 results on August 27. The company expects total revenues of $197 million for the quarter, aligning with the Zacks Consensus Estimate, which suggests a 31.84% growth from the same quarter last year.

Additionally, the consensus estimate for the company’s loss per share has remained steady at 1 cent over the past 30 days, compared to a loss of 8 cents per share reported in the year-ago period.

Notably, SentinelOne has consistently exceeded earnings expectations in the past four quarters, delivering an average earnings surprise of 64.79%. This strong performance has garnered attention, and with current technicals in mind, we are bullish on S if it holds above the $22.00-$22.75 range. Our upside target for the stock is set at $27.00-$28.00.

Bitcoin (BTCUSDT)

On the daily chart, Bitcoin is encountering strong resistance around the $65,000 level, highlighted by the formation of a Doji candle. This pattern often signifies market indecision and suggests that the recent bullish momentum may be weakening. The Relative Strength Index (RSI) at 57.25 indicates that while buying pressure has moderated, it remains at a healthy level.

Currently, with 19.75 million BTC in circulation out of the 21 million maximum supply, Bitcoin is testing a crucial price point. How it reacts to this level could be pivotal in determining the short-term direction, with a potential breakout signaling further gains or a rejection leading to a possible pullback. Traders should watch for a decisive move to gain clarity on the next phase of Bitcoin’s price action.

Ethereum (ETHUSDT)

There is still hope that Ethereum will recover and enter a new rally, but the price action remains uncertain. Despite closing the week with a modest 2% increase, ETH has yet to provide a clear signal that a sustained uptrend is imminent. To regain buyers’ interest and spark more enthusiasm, Ethereum needs to break through the $2,800 resistance level and establish it as solid support.

Until that happens, market participants may shift their focus to other altcoins, such as ADA or BNB, which have been performing better in recent times. On the downside, Ethereum has found good support at $2,400 and is making attempts to climb higher, but the current momentum isn’t strong enough. There may be potential for improvement later this month if market conditions become more favorable.