This week, BTC and ETH rose first, then fell, trading in a range and washing out positions. Earlier, ETF fund inflows pushed BTC up to 66,900 and ETH tested the 1,950 resistance level; in the second half of the week, geopolitics lifted oil prices and U.S. Treasury yields rose, rate-hike expectations warmed up, and fund outflows caused the market to pull back.



Overall, it’s still a narrow range. BTC has been swinging up and down by about 4,000 points, and ETH by about 110 points; after printing three consecutive bullish candles, it hit resistance and pulled back. Watch this week’s close—whether the short-term trend reverses!

The medium- to long-term uptrend hasn’t been broken. We’ll wait for the Fed meeting to be finalized at the end of the month and then look for the next round of market action. $BTC #直通IPO第二期JerseyMikes #夏日创作营 #Gate事件合约首发狂欢
BTC1.17%
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DigitalCanvas
· 07-25 05:32
Such a roller-coaster market—stay away from futures; don’t let your heart take it.
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NFTFloorHunter
· 07-25 05:03
Pump first, then dump—this is a standard shakeout playbook; hold on to spot and wait for the Fed.
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YieldYuki
· 07-25 04:41
After three consecutive bullish weeks, it met resistance; short-term indicators have dulled a bit, but the overall direction is still upward—don’t get shaken out.
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PFP_Researcher
· 07-25 04:38
Geopolitics and US Treasury yields are moving, and there’s too much macro noise—take a good rest this weekend, and we’ll see what matters at the meeting next week.
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SnowballPusher
· 07-25 04:20
Fluctuating up and down by around 4,000 points every day—wow, the market maker really knows how to play. As for me, a small retail investor, I’ll just keep holding ETH and wait until it breaks above 1,950.
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