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28/07/25 Weekly Outlook

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Last weeks high: $120,241.80
Last weeks low: $114,776.00
Midpoint: $117,508.90

As we approach the end of the month BTC continues to trade sideways during a cooling off period as altcoins finally take the stage. Last week Bitcoin saw a relatively flat net inflow via ETFs of $72m, ETH on the other hand posted the second largest net inflow week ever at $1.85B! The concentration has certainly shifted...

This IMO is still a very bullish structure for BTC, very shallow pullbacks being bought up/absorbed by still happy to purchase at these levels. As long as this continues altcoins have a strong base to continue growing on, if BTC breaks structure and price accepts below ~$110,000 then the altcoin rally will be over for now I believe.

This week some major altcoins are set to reach HTF resistance areas, ETH has already tagged $4,000 which looks to be a battleground level of major importance.

TOTAL2 which is the combined market cap of all altcoins is currently ~8% from the highs, keeping this in mind for where altcoins may run out of steam...

Good luck this week everybody!

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