$BTC

Market Analysis:*

- Both BTC and ETH are holding key levels, with traders watching for potential spikes. Bitcoin faces immediate resistance at $109,700 and $110,000, while Ethereum's resistance lies between $2,600 and $2,620.

- ETH has broken out of a descending wedge on the weekly chart and is testing critical resistance levels. If ETH/BTC breaks above 0.029, the altcoin may outperform Bitcoin, potentially starting an "altseason".

- Some analysts predict a bullish spike for Bitcoin and Ethereum in July, referring to the decrease in implied volatility and strategic positioning by derivatives traders.