🚀 Bitcoin Hits New Highs — Momentum or Pause?
Bitcoin continues to push new all-time highs, driven primarily by institutional spot buying.
This week, market sentiment is also being influenced by macro developments — including the upcoming vote on the Trump GENIUS bill, which aims to move away from the petrodollar model and anchor the U.S. dollar using stable coins. If passed, this could allow global institutions to indirectly hold U.S. Treasuries through crypto-backed channels — increasing on-chain demand.
Meanwhile, a weaker dollar and lower Treasury yields, combined with expectations of upcoming Fed rate cuts, are creating a perfect storm for capital inflow into crypto assets.
📈 BTC Technical Overview:
Currently consolidating after the recent surge.
A KDJ crossover signals potential short-term pullback.
However, the formation of a “Three White Soldiers” bullish candlestick pattern hints at a possible continuation of the upward trend.
Watch intraday support at 1180, with resistance at 1188–1196.
If the 4H chart holds support, the bullish structure remains intact.
🔹 BTC Price Levels:
• Hovering: 1077–1082
• Key Defense: 800 pts
• Short-Term Target: 1187–1196
🔍 ETH Strategy Insights:
Ethereum remains heavily held by institutions, adding pressure to market liquidity. The frequent wicks on both sides of recent candles suggest aggressive buying and selling by whales.
Support holds at 2952 on the 4H timeframe. If that support sustains, the bullish momentum can continue.
🔹 ETH Price Levels:
• Hovering: 2938–2952
• Key Defense: 40 pts
• Target Range: 2996–3040
⚠️ Final Thoughts:
The macro narrative is turning crypto-positive. With policy shifts, capital rotation, and bullish price structures emerging, both BTC and ETH remain in strong technical uptrends — but watch intraday levels closely.
💬 Join the conversation:
• Are you long or waiting for a dip?
• What’s your BTC and ETH target this week?
👇 Comment your views and let the community know your take.
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