📈 Key Technical and Economic Indicators

BTC has bounced off the technical support of ≈ $112 K–$114 K. If it loses these levels, it could drop to ≈ $105 K before bouncing back to areas between $118 K and $125 K.

For ETH, the relevant support is at ≈ $3,700–$3,800. If it holds, there is bullish projection towards a technical target of $6,000 or even $8,000 in optimistic scenarios.

On the other hand, macro factors such as a weak employment report in the U.S. and expectations of rate cuts by the Fed are generating a soft recovery, which favors risk assets like cryptocurrencies.