Bullish strength has returned to the market! Both Bitcoin and Ethereumâtwo crypto giantsâare positioned above strong support.
đ BTC (Bitcoin) Technical Update:
- Current Price: $104,162
- RSI 70+ = Overbought signal
- 50 and 200 day MA trending upwards
- Support: $93,000 | Resistance: $107,000
- Target: $112,000-$120,000
đĒ ETH (Ethereum) Update:
- Current Price: $2,506.74
- Price has increased by 29%+ in 7 days
- Increased market confidence after Pectra upgrade
- Support: $2,350 | Resistance: $2,800
đ Market Sentiment:
- Fear and Greed Index: 73/100 = "Greed"
- Trading volume & pattern = bullish movement indication
â ī¸ Warning:
Market is volatile, do your own research before making decisions!
Are you holding BTC or ETH? What do you think about this uptrend?
Let us know in the comments!
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