#BTCvsETH

#### 1. Recent price performance

- **Bitcoin (BTC):**

- The price of Bitcoin recorded an increase of 1.34% during the recent sessions, trading above the level of **$118,000**.

- The highest price in the last data disclosure was **$118,857.73**.

- The current price indicates relative stability with a narrow sideways movement.

- **Ethereum (ETH):**

- Ethereum has seen a significant increase in market value, but experienced a slight correction after touching levels of **$3,822**.

- The current price fluctuates around **$3,783.77**.

- There are signs of an overbought condition, which may pave the way for a short correction before resuming the upward trend.

#### 2. Trading volumes

- **Bitcoin:**

- Registration of an increase in trading volumes, especially during peak hours, reflecting the confidence of large investors.

- **Ethereum:**

- Very high trading volumes, with a clear dominance of futures accounting for over **37% of the global speculation market**.

- This indicates that ETH is still more of a focus for speculators than BTC at the moment.

#### 3. Technical analysis

- **Support and resistance:**

- **BTC:**

- First support: **$117,500**

- Second support: **$116,500**

- First resistance: **$119,000**

- Second resistance: **$120,000**

- **ETH:**

- First support: **$3,700**

- Second support: **$3,650**

- First resistance: **$3,820**

- Second resistance: **$4,000**

- **Overall trend:**

- **BTC:** Moderate upward trend with a stabilization base around $118,000.

- **ETH:** Long-term upward trend, but currently experiencing a short-term overbought phase.

#### 4. Influencing factors

- **Bitcoin:**

- Continued support from use in emerging markets.

- Increasing use of **USDT0** across different networks, enhancing liquidity and transfer between blockchains.

- **Ethereum:**

- Increasing emergence and acquisition of tools like **USDE** and **USDtb** that utilize Ethereum's infrastructure.

- Implementing expansion plans for USDtb through DeFi platforms like Aave and Morpho.

#### 5. Conclusion

- **BTC:** A safe currency with moderate momentum, suitable for long-term vision investors.

- **ETH:** Greater speculative momentum, but with the possibility of a temporary correction before testing $4,000 levels.

😎👍❤