$BTC Here is a comprehensive updated morning analysis of the cryptocurrency market as of today, July 4, 2025:
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-#NFPWatch -
📊 1. Market Overview (This Morning)
The total market capitalization reached approximately $3.36 trillion, recording a daily decline of about 1–4% according to sources.
Bitcoin (BTC) trades near $109,000 after a slight drop, with a weekly rise of about **1–1.5%**.
Ethereum (ETH) remains steady at $2,570–$2,568, up +0.7% from today.
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💹 2. Major Influential Currencies
- Bitcoin (BTC)
Technicals: Major technical resistance at $114,000; breaking it could push the price towards $143,000 (+25%).
Upward flows: Institutional entry via Spot ETFs exceeding $45 billion/month.
Short-term forecasts: Between $107,000 and $114,000 with a potential rise if resistance is broken.
- Ethereum (ETH)
Consolidation level around $2,570, likely to continue sideways trading or a slight rise.
It is affected by the ambiguity of the overall scenario, but it remains within a positive analytical model.
- Cosmos (ATOM)
Sharp decline of -4% over 24 hours to around $4.06, due to excessive selling pressure near psychological support at $4.
The movement indicates a continuous downward trend due to the failure of support at $4.17.
- Selected Altcoins
Currency Daily Performance Notes
XRP, SHIB, PEPE Slight decline of 1–2% Interest in meme coins may rebound.
SUI, ALGO, XLM SUI +2.6%; ALGO -3%; XLM +0.65% Layer-1 platform currencies reflect varied dynamics in the market.
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🧭 3. Influencing Factors
Institutional liquidity penetration via Spot ETFs is intense, enhancing Bitcoin's support.
Large whale movement: Transfer of 10,000 BTC after 14 years reflects activity.
Economic forecasts such as a potential interest rate cut in July support flows into high-risk assets.
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🚀 4. Morning Forecasts
Continued momentum is possible: Fluctuation between $107,000–$109,500 for Bitcoin, with a test of the $114,000 level coming soon.
Support for Ethereum around $2,570, with a potential bullish breakout of a cup-and-handle chart pattern – monitored.
Selling pressure for the failure of ATOM continues toward testing the $4.00 area.
Some renewed interest in Layer-1 coins and meme coins despite market volatility.
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✅ 5. Recommendation
BTC/ETH: Maintain long-term positions or trade at average support, while monitoring resistance developments.
ATOM: Avoid entering currently until a rebound confirmation from the $4 level.
Altcoins (SUI, XLM, etc.): Worth monitoring and represent short-term opportunities.
Place stop-loss orders for the meme portfolio due to its high volatility.