Bitcoin gets $125K target as trader sees 'big move' next, ETH hits $3750
2025-07-28
Bitcoin Gets $125K Target as Trader Sees ‘Big Move’ Next, ETH Hits $3750
As the digital asset market approaches a pivotal weekly close, traders are setting their sights on ambitious price targets for Bitcoin (BTC) and Ethereum (ETH). With BTC facing a key trend line resistance and ETH pushing towards $3,750, the coming days could set the stage for significant market shifts.
Introduction
The cryptocurrency market is once again capturing headlines as Bitcoin (BTC) and Ether (ETH) approach crucial resistance levels, igniting speculation about their next major moves. This week, BTC hovered around $68,500, with seasoned traders like Crypto Ed predicting a potential breakout that could propel the leading cryptocurrency toward a staggering $125,000 target. Meanwhile, Ether has climbed to $3,750, reigniting bullish sentiment across the digital asset landscape. As investors brace for the weekly close, the market narrative is increasingly focused on whether these top cryptocurrencies can sustain their momentum and chart new highs.
Why It Matters
The significance of these price milestones extends well beyond mere technical analysis. Bitcoin’s price action serves as a barometer for overall market sentiment, with breakouts often triggering renewed inflows from both institutional and retail investors. A convincing move above established resistance could confirm the start of a new leg in the bull market, drawing capital back into the sector and influencing the direction of altcoins.
For Ethereum, reclaiming the $3,750 level is particularly consequential given the upcoming launch of spot ETH exchange-traded funds (ETFs) in the United States. Approval of these ETFs is expected to unlock fresh demand from traditional investors, further intertwining crypto with mainstream finance. As ETH approaches this key level, market participants are watching closely for signs that the “merge” between crypto and traditional assets is accelerating.
Technical Breakdown
Bitcoin: Eyeing the $125K Target
BTC’s current trajectory is shaped by a horizontal resistance trend line that has capped price advances since the March all-time high. Over the past week, Bitcoin has tested this trend line multiple times, forming a consolidation pattern that often precedes a significant move. According to veteran trader Crypto Ed, the price is coiling up for a “big move next,” with an upside target of $125,000 in play if Bitcoin can decisively break above resistance.
On the daily chart, Bitcoin’s price is compressing between the $68,000 support zone and the $72,000 resistance. Technical indicators, including the Relative Strength Index (RSI), show a market that is neither overbought nor oversold, suggesting room for volatility on either side. Volume profiles indicate declining activity during consolidation—often a precursor to a breakout.
Ethereum: Approaching $3,750 Resistance
Ether has been steadily gaining ground, reaching $3,750 for the first time in weeks. The ETH/BTC trading pair is also showing signs of strength, hinting at a possible rotation from Bitcoin into Ether as traders anticipate the impact of ETF approvals. Technical resistance looms at the $3,800 mark, where previous rallies have stalled.
The current price structure suggests that a breakout above $3,800 could open the door for a rapid move towards $4,000 and beyond, especially as positive ETF news filters through the markets. Conversely, failure to sustain above $3,750 could see ETH retest support levels near $3,500.
What’s Next
As the weekly close approaches, all eyes are on whether Bitcoin can muster the strength to break through its stubborn resistance and confirm the start of a new uptrend. If BTC closes above the $70,000-$72,000 range, the path toward six-figure targets could materialize sooner than many anticipate.
For Ethereum, the next few days are equally pivotal. With spot ETH ETF launches on the horizon, any positive regulatory news could catalyze a sustained rally, pushing Ether past $4,000 and setting the stage for new all-time highs. Traders will be watching on-chain metrics, such as exchange inflows and large holder activity, for evidence of accumulating bullish pressure.
Market participants should also be mindful of potential risks. Macroeconomic factors, from inflation data to central bank policy shifts, could inject volatility into crypto markets. Additionally, any unexpected delays or negative headlines related to ETF approvals could quickly dampen bullish sentiment.
Conclusion
The coming week promises to be a defining moment for both Bitcoin and Ethereum. With BTC traders setting their sights on a $125,000 target and ETH testing the $3,750 mark amid ETF anticipation, the stage is set for potentially historic price action. Whether these cryptocurrencies can overcome their respective resistance levels will not only shape the trajectory of digital assets but could also signal a new chapter in the ongoing integration of crypto with global financial markets.
For investors and traders alike, the message is clear: stay vigilant, monitor key technical and fundamental developments, and be prepared for volatility as the next “big move” in crypto unfolds.