July 3rd Bitcoin Market Analysis

Institutional Holdings and Policy Dynamics in July 2025: MicroStrategy's Bitcoin holdings have reached 597,000 BTC (valued at $42.4 billion), and Japan's Metaplanet holds 13,000 BTC with an annual return of 348.8%. The U.S. Senate will vote on the "Too Big to Fail" bill affecting DeFi, SOL spot ETF approved, ETH staking open to the U.S. The market is focused on the Federal Reserve's interest rate decision at the end of July, with institutions continuously increasing their allocation to crypto assets.

Bitcoin has strongly broken through the key resistance of $109,000, currently reported around $109,000, with technical indicators confirming a bullish trend. Based on structural analysis, the target for this round of increase is at least $112,000. Ethereum is also strengthening to $2,600, and the market is showing a broad upward trend, with market sentiment clearly warming.

Trading Suggestions: If it holds above the key resistance of $109,000, consider going long; if it pulls back to the $105,000 - $106,000 range, consider gradually accumulating long positions.