#BTCvsETH Updated Cryptocurrency Market Analysis (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

Drivers of the Upward Momentum

1. US Legislative Developments:

- Signing of the GENIUS Act to regulate stablecoins, and the passage of the CLARITY and Anti-CBDC Acts.

- These laws enhance institutional legitimacy, but their full implementation may take months, creating cautious optimism.

2. Institutional Flows:

- $1.9 billion flowed into Bitcoin ETFs last week (particularly BlackRock).

- Rumors of the SEC soon approving Bitcoin derivatives (leveraged) ETFs.

3. Whale Activity:

- Large Investors Buy Large volumes during any price decline, supporting price stability at record levels.

Technical Risks:

- RSI: at 86 (a dangerous overbought signal).

- Psychological resistance: $125,000, critical support: $110,000.

- High leverage: a 300% increase in 48 hours, increasing the risk of mass liquidations during a correction.

Short-Term Outlook:

|Scenario | Target | Validation Conditions|

| **Upside Continuation** | $140,000 | Breaking $125,000 with continued institutional inflows.

| **Sharp Correction** | $100,000–$105,000 | Nasdaq Down 40%