Bitcoin (BTC):
$BTC is currently trading around $93,745, showing a mild pullback of 0.4% over the last 24 hours. This dip comes as part of a broader consolidation phase, with key support near $92K. Despite short-term weakness, long-term sentiment remains bullish, especially with increasing institutional interest and the upcoming Bitcoin$BTC ETF expansions expected later this quarter.
Ethereum (ETH):
$ETH has slipped to $1,763, losing the $1,800 support. However, all eyes are on the Pectra upgrade scheduled for May 7, which could significantly improve
Ethereum’s scalability and security. This may present a short-term buying opportunity for those eyeing ETH’s rebound toward the $2,000 mark post-upgrade.
Why This Matters to You:
Accumulation Zones: Traders are viewing current levels as potential accumulation zones ahead of key events.
Volatility Alert: Expect price fluctuations around Ethereum’s upgrade – plan entries and exits wisely.
Long-Term Perspective: Smart investors stay calm during dips and focus on fundamentals like tech upgrades, adoption, and regulatory clarity.
Pro Tip: Set alerts and track volume movements – sharp spikes often signal institutional activity.
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