Following the signing of several legislative acts last week regulating the cryptocurrency sector in the United States, Bitcoin and Ethereum are showing solid confidence.

This step, anticipated by many market participants, has brought some clarity to the legal framework, which in turn has reduced uncertainty and, consequently, increased investment appeal. The establishment of clear rules—despite certain restrictions—is perceived by the market as far more favorable than complete unpredictability. Institutional investors, who had previously refrained from active participation in the crypto space due to legal risks, can now more confidently consider adding digital assets to their portfolios.

As for large-scale purchases, one only has to look at TRUMP MEDIA, which added Bitcoin worth 2 billion dollars to its balance sheet. This unprecedented move sent shockwaves through the crypto community, showcasing a new level of interest in digital assets from major players traditionally focused on more conservative investment instruments. Such capital inflows may signal renewed faith in the future of the cryptocurrency market.

It's also worth noting recent media reports that the use of USDT is continuing to grow rapidly around the world—particularly in emerging markets. According to a company report, in the first half of 2025, the volume of USDT transfers increased by 120% compared to the whole of 2024, with 66% of transfers occurring in Western Asia, the Middle East, and Africa. This explosive growth reflects not only the convenience and speed of USDT transactions but also its role as a stable alternative to local currencies, which are often subject to inflation and volatility. Amidst economic instability, USDT serves as a digital "safe haven," enabling citizens to store and transfer funds with minimal risk.

However, the rapid adoption of USDT in developing markets is also raising concerns. Regulators in these countries may perceive it as a threat to financial stability and national currency sovereignty. Attempts to restrict or ban USDT usage are possible, which could in turn lead to capital outflows and exacerbate existing economic problems.

Trading Recommendations:

Bitcoin Technical Outlook:

Buyers are now targeting a return to the $117,600 level, which opens the path toward $119,200, with $120,700 just beyond. The furthest target is the high near 122,000—a breakout above this level would signal further strengthening of the bull market.

In the event of a decline, $116,300 is the key level where buyers are expected to step in. A return below this zone could push BTC quickly down toward $114,900, with $112,800 as the final downside target.

Ethereum Technical Outlook:

A firm breakout above $3,745 opens the path to $3,841. The furthest upside target is the high around $3,913—a break above this level would signal renewed buyer interest.

If Ethereum declines, $3,649 is the level at which buyers are expected to step in. A drop below this area could send ETH down to $3,551, with $3,475 as the furthest target.

Chart Annotations:

• Red levels: support and resistance zones where prices are expected to either slow down or rise sharply in the short term.
• Green line: 50-day moving average.
• Blue line: 100-day moving average.
• Light green line: 200-day moving average.

Price interactions with moving averages—either through crossing or testing—typically result in a pause or a new market impulse.