Bitcoin (BTC) Analysis and Trends
Price: As of July 12, 2025, Bitcoin's price fluctuated between $117,000 - $118,000, reaching a daily high of $118,109 and a low of $116,590.01.
Market Sentiment: The Crypto Fear and Greed Index is at 71 (Greed zone), indicating high market sentiment, but caution is needed for short-term pullback risks.
Technical Indicators:
MACD: The histogram remains positive and is gradually lengthening, indicating strong bullish momentum, but there are no clear trending signals. KDJ: Neutral (KDJ value is 73), no golden or death cross, market direction is currently unclear. RSI: Value greater than 70, may pull back after rising, need to pay attention to overbought risks. Support and Resistance Levels: Support: $105,883 Resistance: $114,083 (recently broken, new resistance to observe at the $120,000 integer level)
Short-term Trend:
Bitcoin's price is driven by institutional fund inflows and ETF demand, and may continue to attempt to break through $120,000 in the short term, but caution is needed for technical pullbacks. If it breaks through $120,000, the next target may be $135,000 (Standard Chartered Bank prediction); if it drops below $114,000, it may test the support at $110,000.
Ethereum (ETH) Analysis and Trends
Price: As of July 12, 2025, Ethereum's price fluctuated between $2,950 - $3,000, reaching a daily high of $3,027.12 and a low of $2,922.03.
Market Sentiment: Driven by Bitcoin's new high, Ethereum broke through the psychological barrier of $3,000, and market sentiment is generally optimistic.
Technical Indicators:
MACD: The histogram remains positive but is gradually shortening, indicating weakening bullish momentum, and attention should be paid to the possibility of a death cross. KDJ: Neutral (KDJ value is 80), approaching the overbought zone, caution is needed for pullback risks. RSI: Value greater than 70, may pull back after rising, similar to Bitcoin. Support and Resistance Levels: Support: $2,487 Resistance: $3,071 (recent high)
Short-term Trend:
Ethereum's price is influenced by Bitcoin's correlation, and may continue to attempt to break through the $3,100 - $3,200 range in the short term, but attention should be paid to technical overbought signals. If Bitcoin corrects, Ethereum may test the support level of $2,900 - $2,950; if it breaks through $3,100, the next target could be $3,500 (near historical highs).
Comprehensive Analysis
Market Correlation: Bitcoin and Ethereum's price movements are highly correlated, with Bitcoin's breakthroughs often driving mainstream coins like Ethereum to rise. Institutional Influence: ETF fund inflows and increased holdings by listed companies are the core driving forces behind this round of increases, and institutional movements should be continuously monitored. Risk Factors: Policy Uncertainty: The upcoming 'Crypto Policy Week' in the U.S. may impact market sentiment due to regulatory details. Technical Overbought: RSI and KDJ indicators indicate short-term pullback risks, and caution is needed for profit-taking. Operational Suggestions: Short-term traders: Focus on the breakthrough of support and resistance levels, and set stop-loss and take-profit levels. Long-term investors: Consider building positions gradually on dips, but control position sizes to avoid over-concentration in a single asset.
