#BinanceAlphaAlert
$BTC briefly touched $106K before retreating to $104K, while $ETH followed with a 4.1% dip to $2,446. Both assets are showing signs of cooling after weeks of bullish momentum.
Interestingly, $BTC daily transaction count has dropped from April’s 507K peak to 330K, a 35% decline, helping ease recent fee pressure. Meanwhile, ETH is clinging to its $2,350 support zone as traders eye a potential bounce to $2,700. Liquidations hit over $600M across both assets during the weekend spike, showing how volatile the market remains.
While BTC enjoys continued institutional backing with MicroStrategy adding 7,390 BTC, ETH bulls are banking on network stability and upcoming upgrades to reignite momentum. Caution remains key as Q2 unfolds.