## **🔍 Latest Market Data (July 13, 2025)**
- **$BTC ** Dropped to **$117,000** (-3.5% over 24 hours)
- **$ETH ** Fell to **$2,950** (-4.2%)
- **$SOL ** and **XRP** lost more than **7%** of their value
### **⚡ 3 Main Reasons for the Decline**
1️⃣ **Natural Technical Correction** after a strong rise to **$120,000** last week [Market Analysis Prediction]
2️⃣ **Reports of Institutional Selling** from **Grayscale GBTC** Funds worth **$800 million**
3️⃣ **New Regulatory Concerns** in China Regarding the Ban on Unlicensed Crypto Wallets
### **💡 Tips for Traders**
- **Strong resistance now at $120,000**
- **Psychological support at $115,000** (Potential buying level)
- **Avoid High Leverage** in these conditions
**#bitcoin
💬 **Share your opinion:**
Do you think the decline will continue or is it a buying opportunity?
