#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 approval of the CLARITY and anti-digital central bank currency bills.
- These laws enhance institutional legitimacy, but full implementation may take months, creating cautious optimism.
2. Institutional Flows:
- $1.9 billion flowed into Bitcoin ETF funds last week (especially BlackRock).
- Rumors of the SEC soon approving Bitcoin derivative ETFs (with leverage).
3. Whale Activity:
- Large investors are buying substantial amounts on any price dip, supporting price stability at record levels.
Technical Risks:
- RSI Indicator: at 86 (dangerously overbought signal).
- 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:
|Scenario | Target | Verification Conditions|
| **Continued Rise** | $140,000 | Break above $125,000 with continued institutional flows. |
| **Sharp Correction** | $100,000–$105,000 | Nasdaq drop of 40%