🟡 Bitcoin and Ethereum: A Fresh Surge or Just a Temporary Bounce?
This morning, we saw a slight movement in the crypto market — particularly **Bitcoin $BTC ** and **Ethereum $ETH ** showing a modest recovery. But the big question is: **is this bounce sustainable or just a short-term relief?**
#### 📈 Bitcoin: Hovering Around \$63K
Bitcoin managed to hold the \$62K support level and is currently trading near \$63,000. Some analysts believe that if BTC crosses \$64K, a short-term bullish trend could be confirmed. However, macro indicators (like interest rates and ETF flows) still look mixed.
#### 🔷 Ethereum: $ETH Approval Impact?
Ethereum followed ETH bounce — currently trading around \$3,400. Optimism over potential ETH ETF approval has boosted sentiment slightly, but volume remains weak. Some traders are calling this a **“buy the rumor, sell the news”** setup.
#### 📊 What Should We Expect?
* **Short-term:** Resistance levels are key for both BTC and ETH.
BTC: \$64.5K | ETH: \$3,550
* **Long-term:** Fundamentals remain strong, but expect volatility, especially with upcoming US economic data.
🧠 **What do you think?** Is this recovery real or just another bull trap? Drop your thoughts in the comments!
---
Would you like me to [analyze current resistance and support levels for BTC and ETH ?
