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![AlternateTrader Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::902372100.png) Alternate Trader [@AlternateTrader](/creator/twitter/AlternateTrader) on x 1039 followers
Created: 2025-07-22 11:57:14 UTC

Looks like Bitcoin and Ethereum are taking turns in their move up. Or are these traders banking their profits on Ether and now turning their attention to BTC?

I am long $IBIT which is the spot Bitcoin ETF. We can see from the daily chart (1st picture) that price had reached my measured move target of around XX and then has retreated. 

That corresponds to the 120k on Bitcoin. I still think the 163k price target by end of August is in play. The trending remains bullish.

I use $ETHA to trade Ethereum. Yesterday my call spreads got sold at their profit target. We can see from the daily chart (2nd picture) that it is overbought and a little pullback should be expected.

I am staying long both Bitcoin and Ethereum and will be adding on any pullback.

#Bitcoin #Ethereum #Crypto #Trending #Bullish

![](https://pbs.twimg.com/media/GwdbD8eXMAEvAg3.jpg)

XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1947626989663178946/c:line.svg)

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[Post Link](https://x.com/AlternateTrader/status/1947626989663178946)