📌 Bitcoin (BTC): Consolidation and Bullish Expectations
Closing price on July 5: $108,966 USD
Analysis: Bitcoin has shown consolidation around $109,000, with a slight correction of 0.3% over the week. Despite volatility, it maintains a sustained bullish trend since the beginning of the year, supported by growing institutional interest and the adoption of Bitcoin ETFs. Analysts suggest that if the price breaks through the resistance zone between $110,000 and $112,000, it could pave the way for new all-time highs.
📌 Ethereum (ETH): Moderate Recovery and Positive Outlook
Closing price on July 5: $2,561.36 USD
Analysis: Ethereum has experienced a moderate recovery, with a 3.34% increase in the last 24 hours. ETH is expected to reach $2,797.17 in the next five days, which would represent a 9.45% increase. However, it is still 15.76% below its all-time high. The fear and greed index stands at 66, indicating a "greed" sentiment in the market.
📌 Featured Altcoins: SUI, TON, and TRX
Sui (SUI): Currently priced at $2.89 USD, showing stability and consolidation in its price. Its adoption in decentralized applications and smart contracts continues to increase.
Tokamak Network (TON): With a price of $1.13 USD, TON has experienced a growth of 4.53% in the last 24 hours. Its focus on scalability and interoperability solutions positions it as a promising project in the DeFi ecosystem.
TRON (TRX): Currently priced at $0.287 USD, with an increase of 1.44% for the day. TRON remains one of the most used platforms for creating decentralized applications and issuing tokens.
🧭 Trends and Key Factors
Institutional Influence: The growing interest of pension funds and companies in adopting Bitcoin as a reserve asset is driving demand and price.
ETF Development: The creation of Bitcoin and Ethereum ETFs is facilitating traditional investors' access to the crypto market, contributing to market stabilization and growth.
Technological Advances: Improvements in scalability and energy efficiency of blockchains are attracting investments and increasing the adoption of altcoins with solid use cases.
🔮 Outlook for Next Week
Bitcoin: If it breaks the resistance at $110,000, it could initiate a new bullish phase with targets towards $120,000.
Ethereum: With the activation of updates like Shanghai and the improvement of Layer 2 infrastructure, ETH could approach its all-time high again.
Altcoins: Projects with solid fundamentals and clear use cases, such as SUI, TON, and TRX, have the potential to outperform BTC and ETH in terms of percentage performance.
