abu meghnas
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#ETH
#BTC
#CryptoNewss
Latest market analysis: Drivers of the rise and attractive trading opportunities
Ethereum (ETH) continues to impress the market after a 54% increase in July thanks to massive inflows of $5.4 billion into ETF funds, reflecting strong institutional confidence. Technically, the price is hovering around $3,500 with strong support at $3,300, and the potential to break resistance at $3,800 opens the door for a new upward wave that could touch $4,200. Positive momentum is also supported by the 10th anniversary of the network launch, which boosts enthusiasm around layer two applications and technical upgrades.
In contrast, Bitcoin (BTC) is trading in a narrow range between $113,200 and $115,700, after a decline in momentum following the failure to break the $120,000 level. However, the classic structure still looks promising: continuous inflows into Bitcoin funds, reduced selling from miners, and technical network stability are all factors supporting the likelihood of a return of strength soon. Attention is focused on the $112,000 level as crucial support – maintaining it enhances the likelihood of a rise towards $125,000.
📈 Upcoming movement probabilities:
ETH: 65% chance of rising to $4,200 if it surpasses $3,800. Support at $3,300 limits the risk of decline.
BTC: Balance between rising and falling. Breaking $115,700 opens the way for $120,000+, while a loss below $112,000 could retest $108,000.
#ProjectCrypto
#اخبار_العملات
$BNB
$XRP
$TRUMP
#BTC
#CryptoNewss
Latest market analysis: Drivers of the rise and attractive trading opportunities
Ethereum (ETH) continues to impress the market after a 54% increase in July thanks to massive inflows of $5.4 billion into ETF funds, reflecting strong institutional confidence. Technically, the price is hovering around $3,500 with strong support at $3,300, and the potential to break resistance at $3,800 opens the door for a new upward wave that could touch $4,200. Positive momentum is also supported by the 10th anniversary of the network launch, which boosts enthusiasm around layer two applications and technical upgrades.
In contrast, Bitcoin (BTC) is trading in a narrow range between $113,200 and $115,700, after a decline in momentum following the failure to break the $120,000 level. However, the classic structure still looks promising: continuous inflows into Bitcoin funds, reduced selling from miners, and technical network stability are all factors supporting the likelihood of a return of strength soon. Attention is focused on the $112,000 level as crucial support – maintaining it enhances the likelihood of a rise towards $125,000.
📈 Upcoming movement probabilities:
ETH: 65% chance of rising to $4,200 if it surpasses $3,800. Support at $3,300 limits the risk of decline.
BTC: Balance between rising and falling. Breaking $115,700 opens the way for $120,000+, while a loss below $112,000 could retest $108,000.
#ProjectCrypto
#اخبار_العملات
$BNB
$XRP
$TRUMP
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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