📌 BTC Overview (18/07/2025)

Current Price: ~$117,949

Day Range: $117,620 – $120,714

🔧 What’s Driving Today’s Move?

Overall Market: Crypto market cap topped $4 trillion, boosted by crypto-friendly U.S. legislation .

Regulatory Tailwinds: U.S. House passed major bills (e.g., Clarity & GENIUS Acts), and ETF demand remains robust .

Volume Surge: Roughly $74 M in BTC shorts liquidated today, fueling sharp intraday spikes .

🚀 Intraday Sentiment

Momentum: Strong, with average gains but downward correction from the $120K peak.

Sentiment: Bullish trend remains, but markets are now entering a slight overbought zone .

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🎯 Strategy Tips (Today)

Entry Zone: Consider adding near $118K–119K if support holds above $117.6K.

Next Target: A breakout above $120K–121K could lead toward $130K+.

Risk Management: Use stop-loss below $117K to limit downside.

Watchlist: Monitor institutional ETF flows and ongoing regulatory updates, as they can trigger sharp moves.

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⚡ Summary

Bitcoin remains in a bullish posture with strong institutional buy-in, legislative momentum, and technical buy signals. Today’s dip followed record-level activity — now the setup is forming for a potential push toward $130K, provided support holds.

Let’s keep eyes on $118K for support and $120K–121K for breakout confirmation.
#ETH Breaks $3600# #Gate Derivatives Volume Hits New High# #CPI Data Incoming#