TechFlow news, on July 11, Ryan Lee, Chief Analyst at Bitget Research Institute, said that driven by multiple positive factors such as pro-crypto signals from Trump's campaign team, continuous inflows into ETFs, and increased institutional capital allocation, Bitcoin recently broke above $117,000, with market sentiment clearly warming up. He pointed out that BTC could stabilize at $125,000 in the third quarter, with a key support level at $108,500 and resistance at $130,000, potentially trading within a range of $105,000 to $150,000 overall.
Regarding Ethereum, benefiting from ETF demand, expectations around the Pectra upgrade, and rising DeFi activity, Ryan noted that ETH's average price in Q3 could reach $3,800, and if it breaks through the $3,700 resistance level, it might further target $5,000.
Meanwhile, Ryan also warned investors that despite solid fundamentals overall, uncertainties remain in the market, and traders should prepare for 10–30% volatility while closely monitoring the impact of macroeconomic changes on the market.
