Bitcoin faces the $118,000 resistance level, yet continued substantial inflows into ETFs signal robust demand. While awaiting the FOMC outcome introduces short-term uncertainty, underlying structural buying pressure persists, driving high expectations for further upside. The market bias is clearly bullish.

・Bitcoin faces key resistance at $118,000, but ETFs may push BTC price higher Bitcoin faces key resistance at $118,000, requiring a breakthrough of this level for short-term price appreciation. However, persistent inflows into Bitcoin ETFs, totaling $2 billion over the last six days, clearly signal sustained strong demand from institutional investors. Furthermore, the increasing accumulation by Bitcoin ETFs and strategic reserves (projected 30% growth by 2025) confirms that institutional players view Bitcoin as a long-term asset and are integrating it into their portfolios, laying the groundwork for price stabilization and a sustained upward trend. While the market awaits Wednesday's FOMC meeting results, which could catalyze short-term price volatility, the structural inflows into ETFs provide a significant tailwind to overcome this resistance level. Impact on Bitcoin Price: Short-term price increases may be limited by the $118K resistance, but sustained ETF inflows signal robust institutional demand, strongly supporting the medium- to long-term price uptrend. The uncertainty surrounding the FOMC outcome might induce temporary volatility, yet the ongoing institutional adoption via ETFs enhances the potential for Bitcoin's price stabilization and further appreciation. ・Bitcoin price drop to $113K might be the last big discount before new highs: Here’s why The market currently faces the possibility of a minor pullback in Bitcoin's price towards the key support zone between $111,000 and $113,000. Analysts suggest this level echoes the breakout structure observed in previous Q2s, potentially representing the last prime accumulation opportunity before new highs are reached. On-chain data, specifically the UTXO Realized Price Distribution (URPD) metric, indicates that approximately 5.5% of the Bitcoin supply is clustered within this $110,000-$113,000 range, implying that numerous holders consider this price point a reference for long-term conviction. Additionally, the acquisition of roughly 715,000 BTC sold by large holders ('Whales') by new, smaller-to-medium sized holders signifies ongoing wealth redistribution, a positive indicator of market resilience and sustainability. Impact on Bitcoin Price: Validation of support within this price range would suggest that Bitcoin is completing its short-term correction and preparing for the next leg higher. The absorption by new holders aids in soaking up market volatility and fosters a more distributed holder base, thereby enhancing future price stability and upside potential. ・Bitcoin daily dip hits 2% as ‘classic’ BTC price action precedes FOMC Early in the week, Bitcoin faced stiff overhead resistance near $115,000, posting a nearly 2% dip. This price action is analyzed as 'classic' behavior preceding the Federal Reserve's FOMC meeting, reflecting a cautious sentiment across risk assets amid heightened market uncertainty. Notably, Bitcoin acted independently, declining while other risk assets like stocks and gold remained more stable. However, the confirmation of a 'hidden bullish divergence' on the weekly chart suggests the long-term upward trend remains intact despite potential further declines. Furthermore, the market sentiment leaning towards bearish may serve as a contrarian indicator; excessive market pessimism could signal potential upside. With expectations for Fed rate cuts becoming priced in, this event is likely to exert a positive influence on Bitcoin's price. Impact on Bitcoin Price: Anticipation of post-FOMC monetary easing is expected to boost market liquidity, incentivizing investment appetite for risk assets, including Bitcoin. The short-term dip, coupled with prevailing bearish sentiment, hints at the potential for an upside reversal, reinforcing the medium- to long-term bullish trajectory. ・How high can Ethereum price go after Fed rate cut? This analysis centers on the market-wide implications of a potential Federal Reserve rate cut, with a specific focus on price projections for Ethereum (ETH). The formation of a 'bull pennant' pattern by ETH, projecting a rise to $6,750, indicates that the market is pricing in expectations of monetary easing. This anticipation serves as a potent catalyst for positive sentiment across major crypto assets, including Bitcoin. A low-interest-rate environment typically incentivizes capital inflows into risk assets, making crypto market investments more appealing, which would likely contribute to upward price movement for Bitcoin as well. Impact on Bitcoin Price: A Fed rate cut is expected to enhance overall market liquidity and foster a risk-on sentiment. This scenario would likely bolster inflows into Bitcoin, offering a significant tailwind for price appreciation. Ethereum's projected price surge is indicative of broader market momentum and could generate positive spillover effects for the Bitcoin market. ・Standard Chartered venture arm to raise $250M for digital asset fund: Report The plan by Standard Chartered's venture capital arm to launch a $250 million digital asset fund by 2026 signals a deepening engagement by Traditional Finance (TradFi) with digital assets. This points to sustained institutional interest and the potential for significant future capital deployment into the crypto space, considerably enhancing the sector's overall credibility. This trend reflects the growing recognition of crypto assets as an established asset class, moving beyond pure speculation, and supporting long-term market growth. Impact on Bitcoin Price: The continued entry and investment appetite demonstrated by institutional players in the digital asset market bolster the credibility of the Bitcoin market, signaling potential for sustained inflows. This reinforces the foundation for Bitcoin's price stabilization and potential for continued upward momentum. ・Bitcoin’s illiquid supply could hit 8.3M by 2032: Fidelity Fidelity reports project that Bitcoin's illiquid supply could reach 8.3 million BTC by 2032, driven by long-term holding patterns and accumulation by public companies. A reduction in Bitcoin's circulating, liquid supply translates into upward price pressure, assuming demand remains constant or increases. Increasing accumulation by institutional investors and long-term holders reduces Bitcoin's on-market availability, thereby heightening its scarcity. This reinforces Bitcoin's 'digital gold' narrative, boosting its attractiveness as a long-term store of value. Impact on Bitcoin Price: The reduction in liquid supply enhances Bitcoin's scarcity, acting as a potent catalyst for future price appreciation. Provided demand remains robust, these supply constraints are likely to drive prices higher, contributing to Bitcoin's long-term value accrual. ・XRP, Dogecoin ETFs to launch this week in another altcoin milestone News that XRP and Dogecoin ETFs are set to launch this week in the US signals growing regulatory acceptance within the crypto asset market. This is a significant step towards expanding institutional access to altcoins, potentially boosting overall market liquidity and attracting capital into altcoins. This ETF market expansion represents a move towards greater integration of crypto assets within traditional financial markets, enhancing overall market maturity. Building on the success of Bitcoin ETFs, the introduction of altcoin ETFs is expected to further heighten market interest. Impact on Bitcoin Price: The launch of altcoin ETFs generates positive sentiment across the broader crypto ecosystem and enhances overall market liquidity. This not only channels capital into altcoins but also offers indirect benefits to the Bitcoin market, supporting the growth of the market as a whole. Overall Summary Persistent institutional inflows into ETFs, the formation of digital asset funds by major financial institutions, and the declining trend in Bitcoin's liquid supply indicate structural buying pressure and rising scarcity, strongly underpinning the medium- to long-term bullish trend. Anticipation surrounding FOMC monetary policy decisions (specifically, rate cuts) is poised to enhance overall market liquidity and cultivate risk-on sentiment, while short-term price corrections may present 'buy-the-dip' opportunities for further gains. The upcoming launches of XRP and Dogecoin ETFs signify broadened institutional access to the altcoin market and overall market maturation, contributing to a broadly bullish outlook for the cryptocurrency market.

The key resistance is at $118,000, and breaking through it is likely a matter of time. Short-term downside risks are expected to be absorbed within the significant support zone between $110,000 and $113,000. While the FOMC outcome could trigger temporary volatility, structural buying pressure and reduced supply will mitigate these risks and sustain the upward trend.

Over the next 24-48 hours, Bitcoin is expected to trade sideways at current levels, potentially breaking above $118,000, driven by anticipation of monetary easing following the FOMC meeting. Within the next week, continued inflows into ETFs are likely to push prices higher, targeting a new all-time high. Key catalysts to watch include the FOMC outcome and ETF inflow trends.

The Bitcoin market is exhibiting a strong bullish trend, driven by substantial institutional inflows into ETFs (managing $151.7 billion in Assets Under Management with $57.1 billion in cumulative net inflows). Bitcoin is evolving into a primary asset class. Expectations of FOMC interest rate cuts are boosting market liquidity and amplifying appetite for risk assets. The $118,000 resistance level is viewed as temporary, while the support zone between $110,000-$113,000 remains firm, bolstered by on-chain data and wealth transfer dynamics. Market dips present strategic buying opportunities. The investment strategy recommends actively building positions during pullbacks to the $110,000-$113,000 range. A breakout above $118,000 will serve as a clear signal for accelerated upside momentum and the potential to set new all-time highs (ATHs). For risk management, implementing a strict stop-loss below $110,000 is advised. Key focuses this week are the FOMC results and ETF inflows. A decisive breakout above $118,000 is considered the entry point for the next cycle. While short-term volatility is expected, Bitcoin's inherent scarcity and increasing institutional adoption underpin its long-term growth trajectory. Capitalize on this opportunity with prudent investment decisions.