#BTCvsETH #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 the passing of the CLARITY bill and a bill against central bank digital currencies.
- These laws enhance institutional legitimacy, but full implementation may take months, creating cautious optimism.
2. Institutional inflows:
- $1.9 billion inflow into Bitcoin ETFs last week (especially BlackRock).
- Rumors about the SEC soon approving Bitcoin derivative ETFs (with leverage).
3. Activity of the 'Whales':
- Major investors buy large quantities at any price dip, supporting price stability at record levels.
Technical risks:
- RSI Index: at 86 (indicating a serious overbought signal).
- Psychological resistance: $125,000, and critical support: $110,000.
- Increased leverage: 300% rise in 48 hours, raising the risk of mass liquidations during corrections.
Short-term forecast:
|Scenario | Target | Conditions for verification|
| **Continued Rise** | $140,000 | Break above $125,000 with continued institutional inflows. |
| **Sharp Correction** | $100,000–105,000 | Nasdaq drops 40%