Overview of Bitcoin and Ethereum
Bitcoin ($BTC)
After experiencing a 5-6% pullback on July 26, it is currently trading between $115,000 and $119,000.
The rise in geopolitical uncertainty and the liquidation of positions around $122,000 triggered a drop with approximately $145 million in leveraged long positions being liquidated.
Year-to-date increase is approximately +27%, with analysts predicting a range from $64,000 to $199,000 depending on the growth in adoption and ETF inflows.
Ethereum ($ETH)
Maintaining around $3,700 to $3,740, it has seen a slight increase today and shows resilience.
Benefiting from ETF inflows, DeFi usage, and NFT trading, ETH alone rose nearly +20-53% in July.
Strong rebound, assets doubled! Stay close to Jutong, lay out in advance, and easily reap big profits.
Keep an eye on: MDT SYRUP
