According to Andri Fauzan Adziima of the Bitrue Research Institute, “This week clearly shows the market is in a healthy accumulation phase. Bitcoin ETFs recorded inflows for 7 straight days,
According to Andri Fauzan Adziima of the Bitrue Research Institute, “This week clearly shows the market is in a healthy accumulation phase. Bitcoin ETFs recorded inflows for 7 straight days, adding $68.9 million on Tuesday alone. Long-term holders added another 371,000 BTC in the past 30 days, pushing their holdings to a new all-time high. On the XRP side, whales increased their positions by +2.8% over five weeks while retail sold, and XRP ETFs have now surpassed $1.48 billion in cumulative inflows. The upcoming Clarity Bill vote could be the spark that ignites the next leg higher.”
The cryptocurrency market demonstrated resilience amid mild consolidation. Bitcoin and Ethereum spot ETFs continued their impressive run, recording consistent inflows for multiple consecutive days. However, the week was also marked by several high-profile bridge exploits, reminding investors of persistent security risks in DeFi. On the regulatory front, the U.S. Clarity Bill advanced closer to a Senate vote, generating optimism across the industry.
Whale and institutional activity stood out as a major theme. Arthur Hayes added to his ETH position, a mysterious whale purchased 27,000 ETH, and Bitcoin long-term holders accumulated another 371,000 BTC. XRP, in particular, showed relative strength with notable whale buying and steady ETF inflows.
Bitcoin continues to exhibit strong underlying support. According to CryptoQuant, long-term holders added nearly 371,000 BTC in the past 30 days, pushing their holdings to an all-time high. Exchange flows remain balanced, suggesting that large deposits are being readily absorbed rather than triggering sell-offs. CoinGlass data reflects stable futures open interest around $116 billion, with moderate liquidation activity and neutral funding rates.
Technically, BTC has successfully defended the critical $60,000–$62,500 support zone. With seven straight days of ETF inflowsincluding $68.9 million on July 22the market structure is forming higher lows.
Price Outlook for BTCShort-term, we expect consolidation between $62,000 and $68,000. In the medium term (1–3 months), $75,000 to $85,000 appears achievable if the Clarity Bill passes and macroeconomic conditions stabilize. In a strong bull scenario, BTC could push beyond $90,000 by year-end.
XRP has been one of the stronger performers among major altcoins. On-chain data reveals whales (100k–100M XRP) increased their holdings by +2.8% over five weeks, while retail investors trimmed positions. U.S. XRP spot ETFs recorded another positive session with $6.78 million inflows, bringing cumulative inflows above $1.48 billion.
XRP recently tested two-week highs and is holding firmly above the $1.10 support level, displaying improving momentum.
Price Outlook for XRPIn the short term, XRP is likely to trade between $1.10 and $1.25. Looking ahead 1–3 months, we project a move toward $1.40–$1.60, with potential to reach $1.80+ in a broader altcoin recovery if Bitcoin remains stable and regulatory tailwinds materialize.
The market is gradually shifting from fear-driven consolidation toward renewed optimism. Institutional buying via ETFs, combined with disciplined whale accumulation, creates a solid foundation for recovery. As Andri Fauzan Adziima noted, the current environment favors patient investors who recognize the underlying strength beneath surface-level volatility.
Investment Stance:
We will continue monitoring ETF flows, the Clarity Bill developments, and on-chain metrics closely in the weeks ahead.
Disclaimer:
This report is for informational and educational purposes only. It is not financial advice, nor a recommendation to buy, sell, or hold any cryptocurrency. Cryptocurrency markets are highly volatile and involve significant risk of loss. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Data is sourced from PANews, CryptoQuant, CoinGlass, and other public platforms as of July 23, 2026.
