The crypto market surged into the week with strong momentum, as Bitcoin climbed above $117,000 and Ethereum held firm above $3,750. These moves come amid growing institutional interest, macro stabilization, and robust on-chain metrics.
🔹 Key Prices & Performance
Bitcoin (BTC) is trading at $117,124, with an intraday range between $116,767 and $119,524 . Despite a slight pullback from its peak, investor confidence remains high, with $120K resistance in sight.
Ethereum (ETH) stands at $3,755.82, swinging between $3,711 and $3,848 intraday . After surging nearly $100, ETH is stabilizing as traders eye the next breakout point near $3,800.
📊 Market Sentiment & Drivers
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The Crypto Fear & Greed Index remains elevated in the “greed” zone, signaling investor optimism and low leverage levels.
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Institutional inflows, led by corporate treasuries and ETF interest, are lending support to BTC and ETH.
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Macro indicators — including stable U.S. inflation and cooling volatility — have created favorable conditions for risk assets like crypto.
👀 Outlook
All eyes are on $120K for Bitcoin and $3,800–$4,000 for Ethereum. Short-term weakness could emerge around technical resistance, but overall sentiment remains bullish. Traders will look to macro data (like Fed minutes) and crypto earnings for the next catalyst.
