Crypto Rally — BTC & ETH at New Levels
Crypto markets are seeing a strong bullish wave today. The total crypto market cap has expanded by around 2% to over $4.1 trillion, and key tokens are leading the charge. Bitcoin surged over 3.3%, breaching the $122K mark—now just a stone’s throw from its all-time high. Ethereum isn't far behind, rallying above $4,300, its strongest level since late 2021
What it means for traders:
- Trend continuation trade (BTC/ETH): If you’re looking for long momentum, consider entries on dips to intraday support (5- to 15-min zones).
- Partial scaling strategy: Capture gains in stages, securing profit at critical psychological levels like $124K for BTC or $4.4K for ETH.
- Risk management: Use tight trailing stops or ATR-based exits in the event of sudden pullbacks.
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