$BTC $ETH

#BTC100K! #ETH🔥🔥🔥🔥 #CryptoHistoricMoment #CryptoMarketHype

Cup and Handle Pattern Analysis

Pattern Formation:

The chart presents a textbook cup and handle pattern, a well-recognized bullish continuation setup. Following the breakout from the handle, the pattern's bullish bias has been confirmed.

Target Projection:

Based on the cup's depth, the price target is estimated at $188,000, aligning with the pattern's upward projection.

Fibonacci Analysis:

The price has exceeded the 0.618 Fibonacci retracement level at $113,628, signaling strong bullish momentum.The next significant resistance lies near $145,120, correlating with the 0.5 Fibonacci extension level.

Breakout Confirmation:

The handle's breakout validates the bullish outlook, reinforced by robust trading volume. The price is also holding above the critical $90,000 psychological level, adding further confidence.

Trend Outlook:

A bullish macro trend remains intact, supported by sustained long-term upward momentum.