Bitcoin and Ethereum are skyrocketing, is the crypto bull market truly here?

Family, the cryptocurrency world is buzzing again today! Bitcoin and Ethereum are both surging, with Bitcoin breaking through $120,000 and Ethereum firmly above $4,300. This surge is truly incredible, so let's take a closer look!

First, let's discuss the reasons for the surge. From a news perspective, Trump's signing of two executive orders has given the market a significant boost. One allows 401(k) retirement accounts to invest in cryptocurrencies. Considering the $12 trillion retirement account market, the influx of funds will represent a massive increase in purchasing power, naturally boosting the value of Bitcoin and Ethereum. The other ensures fair banking services for crypto practitioners, directly opening up access to funds and boosting market liquidity.

Institutional activity is also crucial. The Harvard Endowment Fund purchased 1.9 million shares of the BlackRock iShares Spot Bitcoin ETF in the second quarter of 2025, valued at $116.7 million. The influx of real institutional capital has sent a strong bullish signal, boosting market sentiment. Ethereum ETFs have also continued to attract capital, with net inflows totaling $2.27 billion since July, the highest monthly inflow since the launch of this type of fund, demonstrating the strong favor of large investors for Ethereum.

Let's discuss the follow-up. From a technical perspective, Bitcoin's breakthrough above key resistance levels has opened up upward potential. Given the current upward momentum and market sentiment, further upward testing of previous highs or even a breakout is possible in the short term. Ethereum is also showing strong momentum, with active on-chain activity. With continued influx of institutional funds, a breakout of the 2021 all-time high of $4,600 is possible.

However, we must remain vigilant. The crypto market has always been highly volatile, and factors such as policy risks and market manipulation could trigger price corrections. However, as long as the underlying logic behind this wave of positive momentum—institutional entry and policy easing—does not fundamentally change, the long-term upward trend of Bitcoin and Ethereum is likely to continue. What are your thoughts on this rally? Stay tuned and share in the comments! #BTC #ETH #特朗普允许401(k)投资加密货币 #币安Alpha上新 #BTC🔥🔥🔥🔥🔥