💥 Bitcoin at $118,888 – The King of Crypto Strikes Again! 💥
Will the Bull Reign Continue or Is a Correction Brewing?
📊 As Bitcoin touches $118,888, the crypto world is ablaze with excitement. This isn’t just another price spike – it’s a powerful movement backed by momentum, market psychology, and macroeconomic alignment. Is this the beginning of a new mega bull wave or a prelude to profit-taking? Let’s dive deep.
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🔍 ⚡ BTC at $118,888 – What’s Fueling the Fire?
Bitcoin’s astonishing rise to nearly $119K is not an accident – it’s the product of multiple converging catalysts:
ETF Inflows: Spot Bitcoin ETFs are attracting billions, making institutional entry seamless.
Global Liquidity: Central banks easing rates are pushing money back into risk assets like BTC.
Halving Momentum: Post-halving rallies have historically delivered massive returns.
Geopolitical Uncertainty: With inflation, currency devaluation, and debt crises around the world, Bitcoin is viewed as a safe-haven digital asset.
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📈 🔥 Bullish Chart Structure – Clean Breakout Confirmed
Bitcoin has broken above major resistance levels like a knife through butter. Here’s the technical breakdown:
Ascending Triangle Breakout: BTC surged past the $110,000 resistance line with conviction.
Volume Confirmation: Daily trading volumes are higher than any time in the last 8 months.
RSI in Overbought but Strong: RSI is at 78, indicating strength, not exhaustion.
MACD Crossover: Bullish MACD crossover confirms continuation of the uptrend.
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💰 ⚙️ Whale Activity – The Smart Money Is Accumulating
Blockchain data reveals that whales (wallets with >1,000 BTC) have been aggressively accumulating during every minor dip:
📉 Dips Are Being Bought: Every pullback is met with heavy buying pressure.
🐳 Whale Wallets Increase: The number of high-value wallets has increased 12% in the last 30 days.
🧠 Long-Term Holders: LTH supply is at an all-time high, suggesting minimal sell pressure.
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🏦 🌐 Institutional Capital Is Here – And It’s Not Leaving
This rally is not retail-driven like 2021 — it’s institutional. Some recent game-changers:
BlackRock, Fidelity, and Ark: Combined holdings in Bitcoin ETFs have crossed $45 billion.
Goldman Sachs & JPMorgan: Providing custodial and OTC services for crypto clients.
MicroStrategy & Tesla: Corporate BTC holdings are rising again amid positive price action.
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⚠️ 🚨 Warning Signs – Is a Pullback Inevitable?
While the excitement is justified, smart investors remain cautious. Keep an eye on:
Extreme Greed on Fear & Greed Index: Currently at 92/100, suggesting overheating.
Overbought RSI: Though bullish, levels above 75 often signal temporary cool-offs.
Market Dominance at Peak: BTC dominance has surged to 54%, potentially squeezing altcoin liquidity.
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🧠 🔍 On-Chain Signals – Bullish but Measured
A look into Bitcoin’s on-chain indicators provides nuanced insight:
MVRV Z-Score: Still below the danger zone, suggesting more upside remains.
NUPL (Net Unrealized Profit/Loss): Sitting in the early euphoria zone – far from peak greed.
Exchange Reserves: Continues to fall, indicating fewer coins are available to sell.
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⏳ 📆 Historical Cycles Hint at More Upside
Every major Bitcoin cycle has followed a 4-year pattern tied to halving events:
2013: BTC rose 55x post-halving.
2017: BTC rose 20x post-halving.
2021: BTC rose 6x post-halving.
2025?: If history rhymes, we could still see 2x–3x gains from here, meaning $240K–$360K is not off the table.
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📣 🌍 Global Macroeconomic Tailwinds Are in BTC’s Favor
Bitcoin's rise is also aided by factors far beyond crypto:
De-Dollarization: Countries shifting away from the USD are seeking alternatives like BTC.
Hyperinflation: From Argentina to Turkey, citizens are using BTC to preserve value.
Digital Gold Thesis: BTC is increasingly treated as the digital version of gold, but with better portability, scarcity, and verifiability.
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📉 🧊 Correction Scenario – Where’s the Support?
If a correction hits, here’s where BTC may find stability:
$106,000 – Previous resistance turned support
$98,000 – 50-day MA and psychological barrier
$92,000 – Whale re-accumulation zone
Each dip will likely be a buy-the-dip opportunity for savvy traders and institutions.
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💎 🔐 Long-Term Vision – BTC as a Strategic Asset
Bitcoin has evolved beyond a speculative asset:
✅ Hedge against inflation
✅ Tool for financial sovereignty
✅ Store of value with digital scarcity
✅ Asset with institutional legitimacy
The narrative has shifted, and BTC is now in the same breath as gold, real estate, and major commodities.
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📊 Final Outlook – $118,888 Is a Milestone, Not the Peak
Bitcoin has shattered expectations and crossed a psychologically critical price point. But this is not the top — it's a launchpad.
🚀 Short-Term Target: $128,000
🚀 Mid-Term Target: $148,000
🚀 Cycle Top Estimate: $240,000–$300,000 (if historic trends repeat)
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🧭 What Should Investors Do Now?
✅ Hold Strong (HODL) – Long-term fundamentals have never been stronger
✅ Don’t Chase Pumps – Wait for healthy dips before accumulating
✅ Stay Updated – Watch on-chain data and macro signals
✅ Diversify Smartly – While BTC leads, altcoins will eventually follow$BTC $ETH
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💬
COA Prepares for a Technical Breakout as Momentum Builds and Volatility Returns
Hey folks
$COA just broke above the upper Bollinger Band, ending a weeks‑long squeeze.
The 20‑period EMA has turned up, signaling renewed buying interest.
Volume surged to over 6 million, confirming that traders are waking up.
Alliance Games’ native token runs on BNB Smart Chain, powering multiplayer servers, node‑staking rewards, and in‑game perks within its flagship RPG, Chain of Alliance.
Circulating supply sits near 365 million COA out of a 2 billion cap, creating moderate scarcity that can amplify moves.
On July 23, 2025, Bitget opened COA/USDT spot trading at 10:00 UTC and enabled withdrawals at 11:00 UTC, introducing the token to a broader community.
To celebrate, Bitget launched a Spot CandyBomb for COA: trade between July 23 10:00 UTC and July 30 10:00 UTC to share 500,000 COA in rewards.
Simultaneously, a Futures CandyBomb runs July 25 18:30 UTC to August 1 18:30 UTC, offering another 100,000 COA to active futures traders.
Technically, MACD has just crossed above its signal line and the histogram has flipped positive, suggesting bullish momentum is building.
RSI sits at 49.9, poised on the threshold between bears and bulls, while Stochastic RSI near 62% confirms that upward pressure still has room before becoming overheated.
ATR rose to 0.00122, marking a clear shift from calm to more volatile conditions.
Immediate support holds at $0.00965, the recent swing low and lower Bollinger boundary.
Below that, the next floor sits near $0.00850, a zone tested during last week’s consolidation.
On the upside, the first significant barrier is around $0.01395, the upper Bollinger Band and prior intraday high.
A decisive close above this level with volume exceeding 6 million would validate a breakout and set the stage for a run toward $0.01500 and then $0.01600.
Traders looking for lower‑risk entries can wait for a retest of $0.01395 after breakout confirmation; that approach filters out false starts.
Risk‑averse participants may place stop‑loss orders just below $0.00965 to guard against a swift reversal.
For scalpers, sharp moves off the lower band into the mid‑range offer quick in‑and‑out opportunities on faster timeframes.
Alliance Games continues to roll out developer tools and AI matchmaking services.
Its v2 testnet launch is scheduled for early August, which could drive fresh on‑chain activity and draw new players into staking COA.
Node operator rewards and upcoming governance polls provide long‑term holders with ways to earn additional tokens and shape the project’s direction.
As more game studios integrate the protocol, utility‑driven demand may reduce the token’s reliance on pure speculation.
Monitoring on‑chain metrics—like active node counts and staking ratios—will reveal early signs of sustainable growth.
In summary, COA has shifted from tight consolidation to a breakout setup.
Balanced momentum indicators, coupled with Bitget’s CandyBomb incentives, create a favorable environment for a swift move.
Keep an eye on $0.01395 for breakout confirmation and watch volume to validate any directional bias.
Place protective stops beneath $0.00965 and scale positions carefully as volatility increases.
Whether you’re a short‑term trader chasing the next pop or a long‑term supporter aiming for protocol milestones, let clear technical signals and CandyBomb rewards guide your strategy.
Ether price headed for $4K showdown: Is this time different?
Ether is showing renewed strength as rising demand, high network activity, and bullish technicals align to support ETH’s push above $4,000
Key takeaways:
• Record Ethereum ETF inflows and accumulation by $ETH corporate treasuries can drive demand to break $4,000.
• Rising network activity and Ethereum TVL metrics signal strong demand.
• ETH bull flag breakout targets $5,000.
Ether $3,817 is approaching a critical juncture as it nears the $4,000 resistance level, a barrier it has failed to breach three times since February 2024. This time, however, several converging factors, including strong ETF inflows, robust network activity and favorable chart technicals, suggest a breakthrough may be imminent.
“With $4,000 now within arm’s reach, the big question is: will Ethereum blast through or break down?” said popular Defipeniel analyst in a July 22 post on X.
According to the analyst, reducing ETH supply on exchanges, increasing staked ETH post‑Shanghai upgrade and high ETF demand provide a “cocktail of bullish energy” required to push ETH past $4,000.
Big ETF inflows and treasury demand
Institutional interest in ETH has risen considerably in recent weeks, driven by record‑breaking ETF inflows and corporate treasury adoption. US‑based spot Ethereum ETFs have seen unprecedented demand, with single‑day inflows reaching a record $727 million on July 16 and cumulative net inflows exceeding $9.33 billion since their July 2024 launch.
Spot Ethereum ETF flows table.
BlackRock’s ETHA ETF alone holds $10.69 billion worth, a stash that is growing at an accelerating pace, reflecting institutional confidence. Inflows into ETH ETFs have also outpaced Bitcoin ETFs for seven days in a row, suggesting capital rotation into Ether.
This influx of capital has shifted Ethereum’s role from a speculative asset to a core institutional holding, with companies like BlackRock and Fidelity filing for staked ETH ETFs to capitalize on yield‑generating opportunities. ETH also continues to grow as a corporate treasury reserve asset, with BitMine Immersion Technologies buying ETH worth $2 billion in the past 16 days, which propelled the company to become the largest corporate holder of ETH.
Currently, Ethereum treasury companies hold 2.33 million ETH, which amounts to 1.93 % of ETH’s circulating supply, according to Strategic ETH reserve holdings.
Galaxy Digital CEO Michael Novogratz has predicted that the price of ETH will reach $4,000, adding that ETH will outperform BTC in the next six months.
Ethereum’s network activity shows strength
Ethereum’s network fundamentals are near record highs, with daily average transactions climbing to 1.62 million on Friday from 932,000 over the past three months, representing a 73 % increase. Daily active addresses rose to a 12‑month high of 670,000 on Saturday.
Ethereum daily transactions and active addresses count.
The average weekly transaction count rose to an all‑time high of 10.07 million last week while weekly DEX volumes rose to a 21‑week high of $22.54 billion. The total value locked in Ethereum’s DeFi protocols is back to the highest levels since 2022 at $86 billion, capturing 61 % of the market share.
Total value locked on Ethereum.
Meanwhile, balance on exchanges has dropped to 15.6 million ETH, a level last seen before the 2017 rally. These dynamics suggest a potential supply squeeze that could help propel ETH price toward new all‑time highs.
Ether price bull flag targets $5,000
The ETH/USD pair is well‑positioned to resume its gains after breaking out of a bull flag pattern on the four‑hour chart. The pattern was resolved when the price closed above the flag’s upper boundary at $3,740 (where the 50‑period SMA currently sits) on Saturday, signalling the start of an upward move.
$ETH /USD four‑hour chart featuring bull flag pattern.
The flagpole’s height sets the target, which projects Ether’s price rising to $5,000 as soon as next month, a 30 % increase from the current price.
The relative strength index is also showing bullish cues, moving within the positive region at 61. This suggests the price can go higher before overbought conditions set in.
Here's the today crypto snapshot .
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📊 Market Overview
Bitcoin (BTC) is trading at approximately $117,900, down about 1.3% in the past 24 hours. It remains roughly 4% below its recent all-time high of ~$123,100 but has gained ~27% year‑to‑date .
Ethereum (ETH) is around $3,750, down ~1.6% today and ~1.7% over the past week. Still showing a ~14% gain year‑to‑date and hovering ~22% below its peak .
Altcoins: BNB surged 5.1% to approximately $838.55, Solana rose ~1% to $187.72, DOGE and XRP saw modest gains or have recently peaked but face resistance .
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🔍 What's Driving the Markets
Trade & Regulation Tailwinds
A recent U.S.–EU trade pact with reduced tariffs (15% on EU goods vs previously expected 30%) boosted investor risk sentiment and liquidity into crypto assets .
The MiCA regulatory framework in Europe and the rise of cloud mining as a passive-income avenue are helping shift market dynamics toward long-term stability and institutional adoption. Notably, Bitcoin recently surpassed $128,000 on this shift in investor attitude .
Sentiment & Volatility Signals
For Ethereum, extreme social media hype indicates possible short‑term volatility and potential pullback despite ongoing adoption trends .
Macro & Crypto Fundamentals
Crypto total market cap sits at approx. $3.9 trillion, with 24‑hour trading volume up 41% overnight, now around $173 billion .
A massive $686M in token unlocks is hitting the market, which could introduce short‑term pressure and volatility for impacted tokens .
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📰 Notable Developments & Risks
AI‑driven crypto scams have surged by 456% between May 2024 and April 2025. Tactics like AI-generated voices and deepfakes are being used to defraud people globally; experts warn vigilance is key .
In the UK, a former takeaway worker was recently convicted in the country’s largest crypto money‑laundering case, involving over 61,000 stolen BTC (~$6.7B), underscoring crime-related risks in digital assets .
Coinbase is reportedly in late-stage talks to acquire the compromised Indian exchange CoinDCX for below $900M, betting on India’s long‑term crypto growth .
Meanwhile, PayPal is introducing a crypto payment feature for U.S. merchants, supporting over 100 tokens including PayPal’s own PYUSD .
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📌 Summary & Outlook
Bitcoin is consolidating, facing resistance below recent highs; upside potential remains if sentiment holds.
Ethereum shows strong YTD gains but may pull back after recent hype.
Altcoins, especially BNB and Solana, are exhibiting strength, while unlock events could stoke volatility elsewhere.
Caution advised amidst rising AI‑powered scams, regulatory shifts, and major token unlocks.