📈 Market Overview
BTC touched a new all-time high of nearly $112,000 yesterday, before pulling back slightly to $110,924, up ~1.8% in 24 hrs .
ETH surged ~5.8%, currently trading around $2,780, rallying from ~$2,625–2,822 intraday .
Total crypto market cap reached approximately $3.42–3.45 trillion, fueled by a $91B–$128B 24-hour volume spike .
📰 Top Headlines & News
Australian CBDC trial progresses: RBA launches Phase 2 of “Project Acacia” with major banks testing stablecoins, wholesale CBDC solutions .
Trump-linked Crypto ETF: Trump Media files for a “Crypto Blue Chip ETF”—70% BTC, 15% ETH, 8% SOL, 5% XRP, 2% CRO .
Global macro tailwinds: US dollar steadies while Fed hints at cutting rates, supporting risk assets including crypto .
Institutions piling in: Bitcoin spot ETFs saw inflows of ~$216 M in one day, suggesting institutional accumulation .
📊 Technical Analysis
Bitcoin:
Broke out of descending channel, RSI still bullish → upside targets ~$120K–$134K .
Key supports: $107K (50‑DMA), then $100K if that fails .
Ethereum:
Just broke resistance zone (~2645–2645); may test next around $2,885 .
AI-driven forecasts target mid-term ~$3,000–$3,200, with consensus ~$3,041 by July 14 .
🔍 On-Chain & Institutional Highlights
Spot ETFs dominated inflows (~$216M), while Coinbase volume softened—pointing to accumulation via ETFs .
XRP whales surged, pushing price to $2.44 (+4.8%), with breakout potential above $2.50 but caution remains near-level sell-offs .
Meme coins like PEPE and others posted ~8–9% gains with volume doubling-plus .
⚙️ Diamond Extras
On‑Chain Snapshot
BTC ETF inflows: +$216M in a single day
XRP whale accumulation spiked +75% volume; key to monitor $2.45–$2.50 zone
Buy/Sell Signal of the Day
Bullish Alert: BTC’s breakout pattern and ETF inflows suggest strong upward bias; consider long near current levels with tight stop beneath $107K.
Mini TA Snapshots
RSI/Bollinger: Bitcoin not yet overbought—room for rally.
ETH Coil-up: Eyeing $2.88K resistance and potential breakout.
Quote of the Day
“There is still a lot of money sidelined and waiting to be deployed…” – Mauricio Di Bartolomeo, Ledn
Educational Term
Descending Channel: A bearish-looking range that, when broken upward, often signals trend reversal—and that's what's unfolding in BTC right now.
Poll / Engagement Question
👉 Where do you think Bitcoin tops out first: $120K, $130K, or $140K? Reply with your pick!
🧠 Personal Insight
Institutional flows remain the prime catalyst—spot ETFs are drawing liquidity off-chain, even as retail trades soften. Retail eyes might soon shift toward AI-powered altcoins and CBDC trials (like Australia’s), which hint at a broader evolution in crypto tech infrastructure.
🚀 Altcoin Watchlist
XRP: Crucial to reclaim $2.50 for breakout.
PEPE & Memecoins: Volatility high—good for short-term but risky long-term.
ETH: Break above $2.88K could unlock next leg to $3,200.
📝 End Summary
BTC: All-time highs → bullish continuation toward $120K–134K.
ETH: Momentum building—set for $3K+ targets mid-July.
Institutional Flows: ETFs driving volume, not exchanges.
Altcoins: XRP in focus; memecoins spiking—watch for profit-taking.