🔥 Cryptocurrency Market Today – July 11, 2025
Bitcoin above $116,000 and Ethereum breaking $2,900.. what does that mean?
In these days, the cryptocurrency market has rebounded strongly and is experiencing a clear revival, driven by increased institutional interest and encouraging regulations from the U.S. Let's look at the key details:
💰 Top Cryptocurrencies
🟡 Bitcoin (BTC)
Current Price: $116,440
Trend: Steadily rising
Technical Analysis:
Broke through a strong resistance area at $115,000
The next resistance at $120,000, and if it surpasses it, we might see it at $135,000
The nearest current support around $107,000 – $100,000
Momentum: Supported by the entry of ETF funds and huge liquidity from large companies like MicroStrategy
🟣 Ethereum (ETH)
Current Price: $2,962
Trend: In continuous rise
Technical Analysis:
Broke through a resistance area at 2,850$XRP
Currently trying to stabilize above $3,000, and if successful, it could reach $3,200
Main support at $2,700
📊 Overall Market Status
Indicator Value
💵 Market Capitalization $3.45 trillion
📈 Trading Volume $128 billion daily
😎 Fear and Greed Index In the Greed Zone (General Optimism)
The market is currently in a buying position, and momentum indicators (RSI + MACD) for most major currencies indicate the continuation of the upward trend.
📌 Reasons for the Recent Rise:
1. Entry of financial institutions and investment of billions of dollars in Bitcoin and Ethereum-specific ETF funds.
2. U.S. government adoption of the idea of 'digital reserve' and increased flexibility of regulations.
3. Investor optimism as Bitcoin surpasses an important psychological barrier at $115,000.
✅ Summary and Recommendations:
Opportunities: The market is currently promising, especially if prices stabilize above current resistances.
Entry Point:
Bitcoin: Safe to buy between 107k – 110k
Ethereum: Excellent if it retraces to 2,800 – 2,850
Stop Loss: It is essential to define it below the strong support in each currency.
🎯 Important Advice:
The market is profitable but highly volatile; if you're day trading, monitor the indicators, and if you're a long-term investor, stay calm and take advantage of pullbacks.
And finally, this is not financial advice, do your own research.