Evening Market Overview – July 17, 2025

As the day closes, the crypto market shows low volatility, but the underlying structure signals a potential breakout ahead.

📊 Bitcoin (BTC): Cooling but Strong Above $118K

BTC is holding a tight range $117.5K–$118.5K, with decreasing intraday volume.

Funding rates remain neutral, indicating low leverage exposure.

Market sentiment remains bullish mid-term as ETF inflows continue to stabilize after last week’s surge.

Key zones: $115K remains key support; a daily close above $119K could trigger the next bullish impulse.

🟣 Ethereum (ETH): Eyeing the $3,100 Breakout

ETH trades around $2,970–$3,000, repeatedly testing the psychological resistance.

Restaking narratives (EigenLayer) and ETF inflows are maintaining upside pressure.

A breakout above $3,050–$3,100 opens targets toward $3,300+.

🟢 Altcoins: Early Rotation Signs

SOL stays solid near $154, holding recent gains.

WCT, ZK, and AI tokens like FET are leading short-term gains (+6–15% daily).

DeFi TVL climbed +4.2% this week, indicating return of capital into high-risk assets.

On-chain data shows increasing activity on Layer 2 platforms.

📌 Summary

BTC remains calm after a strong run, ETH pushes for breakout,

and altcoins quietly accumulate momentum.

The market is in rotation phase — a breakout week could be imminent.

#Bitcoin #Ethereum #Altseason #CryptoMarket #BinanceSquare #WalletConnect @WalletConnect