#BTCvsETH ### 📊 **Updated Analysis of the Cryptocurrency Market (July 21, 2025)**
Based on the latest market data and legislative developments, here is a detailed analysis of Bitcoin ($119,000) and Ethereum ($3,800)
🔷 Bitcoin (BTC) at $119,000
Driving Factors for the Rise
1. U.S. Legislative Developments:
- Signing of the GENIUS Act to regulate stablecoins, and approval of the CLARITY Act and anti-central bank digital currency bills.
- These laws enhance institutional legitimacy, but full implementation may take months, creating cautious optimism.
2. Institutional Inflows:
- $1.9 billion flowed into Bitcoin ETF funds last week (especially BlackRock).
- Rumors of SEC approval for Bitcoin derivative ETFs (with leverage) soon.
3. Whale Activity:
- Major investors are purchasing large quantities at any price dip, supporting price stability at record levels.
Technical Risks:
- RSI Indicator: at 86 (sign of dangerous overbuying).
- Psychological Resistance: $125,000, and critical support: $110,000.
- Increased Leverage: 300% increase in 48 hours, raising the risk of mass liquidations during a correction.
Short-term Forecast: