#BTCvsETH Intraday range: 116,776 – 119,524

📊 Trend: Lateral, consolidating after its recent all-time high at ~123,000

📌 Key support: ~118,000

📈 Key resistance: ~120,000

📌 Relevant news:

On Friday, July 18, President Trump officially signed the GENIUS Act, a law that regulates stablecoins and provides legal clarity to the crypto market.

This law prohibits interest on stablecoins, promotes transparency, and opens the door to greater institutional investment in crypto.

The possible vote on the Clarity Act is also expected this week, which would add a comprehensive legal framework for digital assets.

It is speculated that the government is considering creating a strategic reserve of Bitcoin as part of its sovereign assets.

🔮 Weekly outlook: Solid consolidation. If it breaks 120k, it could retest recent highs.

$ETH Ethereum (ETH)

💵 Current price: ~3,844

📉 Intraday range: 3,711 – 3,849

🚀 Trend: Bullish

📈 Immediate target: 4,000

📉 Technical support: ~3,700

📌 Bullish factors:

Record revenue in ETH ETFs: +2.18 billion USD in a week.

Whale purchases: +500,000 ETH accumulated in the last two weeks.

Activation of the Golden Cross, reinforcing the bullish trend.