Institutions Are Loading up on ETH

DAILY MARKET OVERVIEW

Crypto Momentum Holds Steady

👋 Hey, Crypto Enthusiasts! The market isn’t cooling off - it’s holding ground. While Bitcoin takes a breather, altcoins are stealing the spotlight and institutions are getting bolder by the day.

⏸️ Bitcoin Pauses, Alts Push Forward

Bitcoin is holding steady around $118K, but not without pressure. Two key factors are in play:

• A long-term holder is offloading large amounts, $8bil of BTC

• The UK is preparing to sell a $7B Bitcoin stash (61,000 BTC) seized from a Ponzi scheme back in 2018

These headwinds are creating short-term resistance, but the bigger story is unfolding elsewhere.

💥 Ethereum Takes the Lead

Ethereum has become the clear frontrunner in this cycle. Institutional adoption is accelerating fast - and it’s not just talk.

• Sharplink Gaming just filed to raise an additional $5B to buy ETH

• The Ether Machine, a new powerhouse firm backed by top investors, announced plans to go public on Nasdaq, targeting $1.6B in proceeds to build the largest public Ether generation company

That’s billions in fresh demand pointed straight at ETH. Expect serious buying pressure in the weeks ahead.

📈 Alts: Still Running, But Caution Rising

Altcoins have rallied hard. Most major names - including ETH - are up nearly 2x in just weeks. And that’s got us watching closely:

• Open interest on alts is surging, nearing BTC’s levels - historically a sign of overheating

• We’re not sounding alarms, but we are dialing in caution and eyeing a potential pullback

The trend remains strong, but risk management is the name of the game right now.

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SOCIAL SENTIMENT

🚄 Alts Are Moving Fast

The altcoin space is filled with activity. Here’s what we’re tracking:

Ethereum - Institutional flows are driving ETH higher, but its broader ecosystem (memes, DeFi) is still lagging

ENA - The ETH-based stablecoin protocol jumped today on news of a $200M+ buyback program over the next 6 weeks

XRP - Still one of the top performers in the majors, holding strong amid the rotation

DOGE - It’s gaining momentum and outperforming most coins lately. Great looking high time frame set up.

BNB - Also showing strength, with rumors swirling that Trump might pardon Binance’s ex-CEO CZ - if true, expect a major move.

Right now, capital is still favoring major altcoins.

The big question: Do we see a flush, or do traders shift down the risk curve and pump smaller caps next?

We’re staying nimble. Not chasing, not fading - just watching closely and waiting for the next clear setup.

NEWS OVERVIEW

The Latest Crypto Headlines 📰 

UK Targets $7B Bitcoin Sale With New Seizure Platform
The UK Home Office is preparing to sell over 61,000 BTC seized from criminals, offering a $53 million contract for a crypto liquidation platform.

Conflux to Launch Offshore Yuan Stablecoin With AnchorX
Conflux plans a stablecoin pegged to the offshore yuan and will launch its 3.0 upgrade in August, targeting BRI economies and cross-border payments.

PUMP Token Sinks After ICO Hype, LetsBONK Surges Ahead
Pump.fun’s PUMP token has fallen back to its ICO price amid rising competition from LetsBONK and cooling interest in Solana memecoin launches.

Zora Token Jumps 60% on Base App Integration
ZORA rallied after Coinbase’s Base App integrated its tokenization protocol, doubling daily coin mints and boosting Zora’s onchain social presence.

YOUTUBE INFLUENCER SUMMARY

Summary From The Top Influencers 📷️ 

Josh Olszewicz – When Parabolic Phase? (21.07.2025 Summary)

Josh’s latest market read suggests we’re getting close to a major crypto move - but not just yet. Here’s what to know:

• Bitcoin (BTC): Still in consolidation. A breakout is more likely in Q4 as ETF flows remain strong and seller pressure (like Galaxy’s 80K BTC) is gradually being absorbed. Key resistance sits at $116K. Long-term target: $150K if macro and inflows hold up.
  

• Ethereum (ETH): Leading the market with momentum. Targeting $3.8K to $4.5K. ETHBTC strength is signaling a shift into altcoins. Leverage is rising - be cautious chasing smaller caps too aggressively.
  

• Altcoins: Many ETH-linked and meme-driven plays are waking up. Pepe and Aptos stand out, while others are just approaching breakout levels. Focus on charts above cloud resistance and forming bullish patterns. These could run into Q4.
  

• Macro View: S&P and Russell look stable for now. NASDAQ is less convincing on positioning. Commodities and AI-linked stocks (like rare earths, uranium) are breaking out - possibly signaling a larger trend.

Takeaway for This Week:

Momentum is building. ETH is the leader. BTC may lag short-term but is setting up for a bigger Q4 push. Altcoins with clean setups and strong patterns could outperform. Watch for breakout confirmation, and don’t overleverage into hype.

Benjamin Cowen – Ethereum: A Realistic Price Prediction For This Market Cycle (21.07.2025 Summary)

Benjamin Cowen breaks down where Ethereum could realistically go this market cycle - and why guessing one exact number is pointless. Instead, he gives a range based on patterns, history, and a healthy dose of caution.

• Base case: $5,700 to $7,500

• These numbers come from past cycles, chart patterns, and Ethereum’s typical behavior during bull runs.

• $5,700 is the “safe” target - the point where Benjamin says he’d start watching closely.

• $7,500 is more ambitious but still realistic if momentum continues.

Could ETH Go Higher?

• Technically, yes - $9,000 or even $10,000 is possible.

• But history shows ETH rarely spends time at that kind of high-risk level.

• If we do hit $9K, Ben says he’d be “running for the hills” - it’s likely the cycle top.

Cycle Timing

• If history repeats, the bull market likely ends around early 2026.

• That gives ETH about 6-9 months left to make its move before a new bear market.

Bottom line:

Expect ETH to land somewhere between $5,700 and $7,500 this cycle. Higher is possible, but less likely. Don’t obsess over the top - take profits gradually and stay level-headed as things heat up.

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