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BTC & ETH – TODAY'S UPDATE (21/07/2025)
💵 Bitcoin (BTC):
Current price: ~$117,851
Daily fluctuation range: $116,776 – $119,524
Trend: Slight adjustment after a strong increase but still above the support level of ~$117 K.
⛓ Ethereum (ETH):
Current price: ~$3,776
Daily range: $3,711 – $3,848
Trend: There is a slight adjustment after the increase reaching $3,812 – but still maintains a weekly increase (~+25% month 7).
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🔍 The main influencing factors
Large ETF inflows: BTC attracted over $14.8 billion YTD, ETH also had nearly $2.2 billion last week.
The wave of legislation in the US: Laws such as the GENIUS Act and the CLARITY Act help enhance policy clarity and support investor confidence.
Whales & short-squeeze: Many short positions on BTC/ETH have been liquidated, causing a strong upward movement but also triggering a technical correction.
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📈 Short-term Opportunities & Strategies
Coin Support Resistance Strategy
BTC $117K $120K, continue to $125K if breakthrough Can buy back around support, take profit around resistance zone
ETH $3,700 $3,820–4,000 if it breaks resistance Quick buy when it adjusts to $3,700–3,720; take profit when it reaches resistance
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✅ Brief conclusion
BTC & ETH are currently in a light technical accumulation phase after a strong rally, but the upward momentum remains thanks to the driving force from ETF capital, legal news, and short-squeeze. Watch the key support area to enter reasonable positions, and be prepared to take profits if there is a strong breakout in the coming days.
#ETH Breaks Through $3,800# #Altcoins on the Rise#