$ETH

Bitcoin Analysis Update - Time Frame 1 Hour

Current Price: $101,295

Trend: Strong Upward Continuation

Price Structure:

BTC recorded a new high at $101,707, confirming the continuation of upward momentum.

The moving averages MA(7) and MA(25) are trending upwards, a clear indication of strength in the short-term trend.

Price corrections are shallow, indicating strong buying demand in the market.

Key Supports:

Area 100,290 → 99,043 (confluence with MA25)

Resistance Area:

101,707 → 102,123

Outlook:

A confirmed breakout above the 101.7K level could drive BTC directly towards 103K as the next psychological target.

Any dip near MA25 could be a golden opportunity to enter new buy positions.

The market is heating up, and the upward momentum is continuing strongly… Are you ready for the next phase?

#ETH #Bitcoin #TechnicalAnalysis #Crypto #CryptoTrading #BitcoinToTheMoon