Current Market Dynamics • BTC has swept past its critical $110K–$112K resistance, but remains range-bound in the $115K–$120K zone, with a breakout likely if volume surges.   • The Adjusted SOPR (Spent Output Profit Ratio) has pulled back to 1.03, signaling holders are reluctant to take profits—often a precursor to further upside. #BTC
1. Market Price & Momentum • ETH has climbed over 50% in July, recently hovering around $3,700–$3,800 . • Technical resistance around $3,480–$3,500 has since given way, targeting $3,750–$3,800 near‑term .
2. On‑Chain & Institutional Activity • Ethereum exchange reserves have dropped to levels observed before October 2024’s 75% rally—a historical setup that often precedes major increases
🚀 Price & Market Highlights • ETH is trading around $3,759, reflecting a mild decline of ~‑0.6% in the past 24 hours . • The token has recently surged from ~$2,800 to near $3,850, though it’s now consolidating below the key $3,900 resistance level . • Selling pressure appears to have picked up, with nearly $14.6 million in outflows recorded today .