$BTC Bitcoin and $ETH Ethereum Market Update.
$BTC Bcontinues to show strength, gaining 15% over the last month, fueled by institutional investments and growing interest in ETFs. However, it still trades below its all-time high of $109,135. Meanwhile, Ethereum is preparing for its anticipated "Pectra" upgrade on May 7, which is expected to enhance scalability and potentially revive investor confidence. Despite this, Ethereum has seen a notable decline in Q1, falling from $3,336 to $1,805.
Estimate (Short-Term Outlook):
Bitcoin: If bullish momentum persists, BTC could test the $100,000 mark in the coming weeks, assuming continued ETF inflows.
Ethereum: Post-upgrade optimism could drive ETH back toward the $2,400–$2,800 range, provided the Pectra upgrade delivers expected performance gains.