4Th July #Cryptomarketupdate
š„ Daily Crypto Market Snapshot
BTC is holding firm around $109,300, facing stiff resistance at $110Kābearish divergence signals suggest a short-term pause, but long-term outlook remains bullish .
ETH sits at $2,581, trending sideways between $2,375ā$2,520. A breakout above this range could spur fresh upside .
AltcoinsāXRP surged after Rippleās U.S. banking license application, SOL and DOGE are gaining, and memecoins like BONK jumped ~10ā20% .
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š Key Signals & Trends
ETF inflows remain strong: ~$50B in BTC ETFs yearātoādate, ~$408M net inflow recently .
Julyās bullish seasonality: Historically, BTC rises ~7% in July, fueled by ETF flows and weak USD .
Technical setup: BTC trading in a range with bearish momentum divergences; watch $110K break or pullback signals .
ETH momentum building: +6% in July so far, bolstered by stablecoin growth on-chain .
Security alert: Phishing campaigns targeting crypto wallets continueāremain vigilant .