🚨 WHAT HAPPENED OVERNIGHT? 📅 July 16 to July 17 📈 Bitcoin is currently trading around $64,600, moving within a tight sideways range following its strong rally over the past few days. Support near $64,000 remains intact, signaling that buyers are still in control. 📈 Ethereum is currently trading around $1,910 and continues its strong upward momentum. ETH is outperforming Bitcoin slightly, benefiting from sustained demand from institutional investors. 💰 Market sentiment remains positive. Recent U.S. inflation data continues to fuel hopes for a more accommodative monetary policy from the Federal Reserve. At the same time, geopolitical uncertainties are tempering larger price swings. 🏦 Institutional investors remain active. Spot Bitcoin ETFs recently recorded net inflows again. Institutional interest in Bitcoin and Ethereum remains high, driving steady market demand. 🌐 Ethereum is increasingly taking center stage. Alongside Bitcoin, ETH and other major altcoins are benefiting from improved market sentiment. Analysts currently view Ethereum as one of the stronger assets within the crypto market. 📊 The derivatives market remains balanced. Funding rates continue to stay largely neutral. There is no sign of excessive leverage, indicating a healthy market structure. 📉 Technically, the chart picture remains constructive. As long as Bitcoin holds above $64,000, the short-term uptrend remains intact. A breakout above $65,000 could open the path toward the next resistance zone. Ethereum has the potential to build further momentum with a sustained move above $1,900. 🐺 Don’t want to miss anything? Follow now!