BTC Breakout – The Bull Run is On

July 11, 2025 - 1 min. read

By Sjuul Föllings

Roundup article 11th July

As mentioned in multiple previous overviews, July is typically a bullish month. Repeat after me: “I will HODL this summer.” This is the moment we’ve all been waiting for. Let’s cover how far the crypto market can go over the next two months.

7 Days Heatmap

The 7-day heatmap is screaming bullish, as almost the entire crypto market is ending the trading week on a strong note. BTC surged by over 5.5%, followed by ETH with a gain of around 7%, and the rest of the market followed suit.

7 days crypto heatmap screaming bullish with BTC up by over 5%.
Crypto Heatmap 7-Days

BTC Analysis

As per our last roundup article, BTC broke above the last major high at $110,500, confirming the start of the bullish impulse phase.

BTC is now in a price discovery phase — the sky is the limit.

BTC daily chart overall bullish long-term after breaking above the $110,500 structure.
BTC Chart – Daily Timeframe

Since we are now bullish, every bearish correction is an opportunity to look for trend-following longs to capitalize on the next bullish impulse.

Based on the current price action, the $110,500 level is a strong support, aligning with the blue trendline.

ETH Analysis

As per our latest ETH update, it broke above the green structure at $2,677 and surged by over 15% to reach our target at $3,000.

For the bulls to remain in control and take over in the long term, a break above the $3,100 resistance level is needed.

ETH 4h chart retesting the $3,000 - $3,100 resistance zone.
ETH Chart – 4H Timeframe

In parallel, as ETH retests the rising blue trendline, we will be looking for trend-following long setups on lower timeframes.

Quote of the week

Do more of what works and less of what doesn’t.
~ Steve Clark

Closing Remarks

In summary, the crypto market is off to a strong start this July, historically a bullish month.

BTC has confirmed a bullish impulse phase by breaking above $110,500 and entering price discovery, while ETH surged over 15% to hit the $3,000 target.

With both BTC and ETH holding key support levels and retesting trendlines, traders are eyeing trend-following long setups on corrections.

The overall sentiment remains bullish as the market gears up for what could be a powerful two-month rally.

Sjuul Föllings

Sjuul achieved financial independence through years of immersion in cryptocurrency. Starting in 2016, he faced..

Sjuul Föllings