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Ethereum ETF Frenzy: ETH ETF recorded a net inflow of $500 million on July 16, with a net inflow of 54% over the past 30 days. Analysts predict that ETH may test 3300-3500 USDT.
Bitcoin ETF Inflows: On July 16, BTC ETF recorded a net inflow of $1.18 billion, setting a new single-day record for July, indicating sustained institutional confidence in BTC.
Technical Analysis: BTC breaks through 122,000 USDT, the next resistance level is at 125,000 USDT, and after the breakout, it may enter a new price discovery phase; ETH breaks through 3000 USDT, RSI is 69.5, showing strength but not overbought, and may test 3300-3500 USDT.