Khoatoni

1. Technical Analysis
Current Price: $0.44
24-hour Change: +10.42%
Trend: Strong Uptrend
Key Indicators:
- Moving Averages:
- SMA 7: $0.41 | SMA 20: $0.36 | SMA 50: $0.35 | SMA 200: $0.43
- Momentum:
- RSI(14): 69.68 (approaching overbought territory)
- MACD: 0.0248 (bullish crossover)
- Stochastic %K: 97.08 (overbought)
- Bollinger Bands:
- Above: $0.44 | Middle: $0.36 | Below: $0.28

📈 1. Bitcoin & ETH reached new peaks, then corrected
• Bitcoin reached $123.2k this week before a slight correction, currently maintaining around $117–118k.
• Ethereum rose to $3,100+, mainly thanks to the capital inflow into ETFs and net buying from the treasury.
🏛️ 2. "Crypto Week" in the US shows signs of disarray
• The "Crypto Week" in the US House of Representatives was stalled as the majority of lawmakers voted to postpone proceeding with the bills: including the GENIUS Act (stablecoin), Digital Asset Market Clarity Act, and Anti-CBDC Act.

The biggest news will occur on July 25, when the SEC is expected to rule on the REX-Osprey Spot XRP ETF. Unlike futures ETFs, this fund will hold XRP directly, providing institutions with a managed way to access the market without owning the asset itself.
With court rulings favoring Ripple and increasing pressure on the SEC to modernize its approach to cryptocurrency, analysts believe the likelihood of approval will be higher.

1. Bitcoin hits a new peak
Some reports indicate that Bitcoin has broken the $118,000 mark, setting a new ATH before a slight adjustment to the current level. Large capital continues to flow into the crypto space, reflecting a sustained 'bullish' trend.
2. Vietnam officially regulates the crypto market
On June 14, 2025, the National Assembly of Vietnam passed the Digital Technology Law, which will take effect from January 1, 2026. This law:
• Clearly delineate two groups of digital assets: Crypto assets (BTC, ETH…) and Virtual assets (game tokens, loyalty points…)

📈 Bitcoin surpasses record milestone
After surpassing $118,000 – a new high established – the Bitcoin market continues to ride the wave of massive ETF cash flow. In 2025, Bitcoin ETF funds attracted about $50 billion, with approximately $1.18 billion pouring in on a recent day.
🌟 Altseason – Altcoin open interest is about to reach $1 billion
The derivatives market (futures open interest) for major altcoins like XRP, Ethereum, Solana is rising sharply, approaching or exceeding $1 billion, indicating that cash flow is shifting to the altcoin market.

On the morning of July 13, 2025, the cryptocurrency market showed slight volatility for major assets, while some altcoins recorded significant gains.
• Prices of major cryptocurrencies (in INR, estimated conversion to USD for easier understanding):
o Bitcoin (BTC): Approximately $120,900 (down 0.25%).
o Ethereum (ETH): Approximately $3,030 (down 0.65%).
o XRP: Approximately $2.82 (up 0.16%).
o BNB: Approximately $708 (down 0.60%).

🔹 Bitcoin and major altcoin prices
• Bitcoin reached a record high, surpassing $118,000–$120,000, achieving a new ATH, with many analysts predicting a further increase of ~14% to $134,500 due to favorable technical patterns.
• Ethereum surges strongly, surpassing the $3,000 mark, accompanied by the attraction of ETF capital flow and institutional demand.
• XRP leads capital inflow into the spot fund with about $41 million, increasing ~25% on the day BTC surged.

The moving average is a powerful tool to identify and confirm market trends. There are many ways to interpret the MA:
1. Based on the slope of the MA line
This is the simplest and most intuitive method to determine trends.
• Upward slope: If the MA line has an upward slope, this means that the market trend is bullish.
• Downward slope: If the MA line has a downward slope, this means that the market trend is bearish.

Technical analysis is a popular school of thought in short-term trading, using past price data and indicators to predict future price trends. Common indicators include:
• Moving Average (MA/EMA): Helps to identify price trends. Exponential Moving Average (EMA) reacts faster to recent price movements. The crossover between short-term and long-term EMA lines can signal a change in trend.

Upexi (NASDAQ: UPXI), a publicly traded company in the United States, has announced the completion of a $200 million private fundraising round, which includes approximately $50 million in common stock and $150 million in convertible bonds. The company stated that part of this funding will be used to expand its current operations, and the remainder will be used to increase its Solana assets.
Common stock was issued at a price of $4 per share, and CEO Allan Marshall has committed to buy at $4.94 per share, expected to be delivered on July 14. The convertible bonds have an annual interest rate of 2% and a fixed conversion price of $4.25 per share. They are backed by committed SOL investors and are expected to be delivered on July 16. The bond fundraising round is led by Big Brain Holdings.

Bitcoin (BTC) has just broken through the important resistance level at $114,000 and is trading around $118,000, confirming a strong upward trend. According to Investopedia, BTC has completed a 'descending channel breakout' pattern, signaling the potential for further increase to $143,000–$146,000. The 50-day moving average (SMA50 ~ $107,000) and 200-day moving average (SMA200 ~ $96,800) are below the current price, reinforcing the bullish signal.
The RSI indicator is at 73, indicating BTC in the overbought area, a short-term correction may occur. However, MACD is still increasing and Bollinger Bands are expanding, confirming strong momentum. The nearest support level is $115,500 and the key zone is $110,000 – if this level is lost, the upward trend will be threatened.

Bitcoin and Ether surge to new highs, causing over $1 billion in cryptocurrency short liquidations. More than 232,000 traders were affected in the latest market shakeup. The cryptocurrency market liquidated $1 billion in short positions as Bitcoin and Ether reached new highs. The rapid surge in Bitcoin and Ether prices resulted in over $1 billion in cryptocurrency short liquidations in the past 24 hours, marking one of the largest short squeezes of the year. According to CoinGlass, approximately 232,149 traders were liquidated, totaling $1.01 billion in forced closures across cryptocurrency markets. Bitcoin short positions accounted for the largest share, with $570 million liquidated, followed by $206.9 million in Ether short positions. The shakeup occurred after Bitcoin reached new all-time highs for two consecutive days, rising from $112,000 on Wednesday to $116,500 on Thursday. Ether also surged, reaching $2,990 - its strongest level in over four months. Market capitalization surged, analysts reacted to the short selling. The total cryptocurrency market capitalization increased by 4.4% in 24 hours to $3.63 trillion, data from CoinMarketCap shows. Commenting on the market's upward trend, some cryptocurrency traders highlighted the intensity of the short selling: "Short sellers don't believe," analyst Miles Deutscher said on X. Trader Daan Crypto Trades called the event a "massive short selloff on BTC & ETH." Cryptocurrency observer Velo noted, "A lot of emails are being sent out," referring to the wave of forced liquidations. This liquidation event comes a few months after a larger liquidation on February 3, when over $2.24 billion was liquidated amid macro concerns following U.S. President Trump's trade policy announcement. Analysts divided before the breakout. Earlier this week, market sentiment was divided. On Tuesday, Bitfinex analysts pointed out the lack of strength following BTC hovering around $108,500. Analysts noted, "Bullish speculators are hesitant or unable to push prices significantly higher without new catalysts or clearer macro signals." In contrast, Michael van de Poppe, founder of MN Trading Capital, predicted on June 30 that a breakout to new all-time highs was imminent, potentially happening within the week. Liquidation risks remain if BTC pulls back. Despite recent gains, some traders remain cautious. Approximately $2.11 billion in existing long positions are at risk of being liquidated if Bitcoin returns to $112,000, highlighting the risks involved if the price momentum stalls. Currently, the market appears to be in a momentum-driven rally, supported by incoming capital and derivative positions. Whether this trend will continue or cool off will depend on broader risk sentiment and potential macroeconomic catalysts.

Ethereum surged to its highest level in over four months, driven by strong ETF capital inflows and renewed interest in its cryptographic role. The price is near the critical resistance level of $3,000, with support at $2,750. ETH skyrocketed to $3,000 as the ETF inflow and cryptographic narrative generated new momentum. ETH's native token soared to its highest price in over four months on Thursday, approaching the important psychological threshold of $3,000, as Bitcoin (BTC) set a new all-time high above $115,000.