With Bitcoin holding above $120,000 and Ethereum steady near $3,000, the bullish momentum has spilled over to Chinese coins.

The “Made in China” crypto index is up nearly 1% in the past 24 hours, with top performers like VeChain, Conflux, and Qtum flashing strong weekly gains and key indicator shifts. Here’s a look at their trend setups going into the third week of July.

VeChain (VET)

VeChain, a blockchain platform known for its supply chain traceability and enterprise use cases, is showing signs of a trend reversal after a strong weekly gain.

Currently trading just above $0.025, VET, VeChain’s native made in China coin, is still down nearly 91% from its all-time high of $0.282, but buyers seem to be stepping in.

Over the past week, VET has surged 21.5%, and now faces immediate resistance at $0.02629. A successful breakout above this level could open the path to $0.02769, a level where previous rally attempts have struggled.

However, the more interesting setup lies in the divergence forming on the chart.

The RSI (Relative Strength Index) is ma