$BTC $ETH #Bitcoin❗ Sure! Here's the English translation of your full crypto market update dated August 4, 2025:

Bitcoin Faces Deep Correction Risk Towards $100,000: XRP Challenges the Correction Trend

After months of bullish momentum, Bitcoin is now facing strong resistance, signaling potential bearish developments in the market.

The weekly chart shows that bulls have failed to maintain a sustainable position above the macro trendline connecting the 2017 and 2021 bull market highs.

This failed breakout has also been accompanied by weakening momentum, as clearly shown in the MACD histogram, which is significantly weaker compared to December 2024. The 14-week RSI has broken its uptrend line and continues to make lower highs, reinforcing the bearish outlook.

Even on the daily timeframe, there is a sharp decline in momentum. The three-line break chart has printed three consecutive red bars, a clear indication of seller dominance.

All these signals combined suggest that prices could decline further and may break the nearby support level of $11,965, potentially dropping towards $100,000.

To negate this bearish trend, Bitcoin must break through the resistance at $122,056.

On the other hand, XRP is challenging the correction trend, though its momentum isn’t yet strong enough for a breakout. The 38.2% Fibonacci retracement level is capping its upward move, and the 5, 10, 50, 100, and 200-hour simple moving averages are all supporting a bearish stance.

If XRP manages to close above $3.00, the next target will shift to $3.33.

Ether (ETH) has dropped by around 10% over the past week and formed a large bearish candlestick, which is a strong bearish signal. A bearish crossover between the 5-day and 10-day SMAs, along with two consecutive red bars on the three-line break chart, confirm a downward market trend.

Solana (SOL), after its recent drop, is holding strong support near the 61.8% Fibonacci retracement level. A potential "golden cross" between the 50-day and 200-day SMAs could be a positive long-term signal, though the short-term trend remains