📣 MARKET UPDATE ON 10/5/2025

💰 $BTC

Current Price: ~$103,810

24h Change: Up 0.69%

High: $104,308

Low: $102,837

BTC continues to maintain above the $100,000 mark, with stable trading volume and increasing interest from institutional investors. Short-term forecasts indicate that BTC may test the resistance zone of $103,700 – $104,000, with medium-term targets aimed at $105,000 – $109,000.

📈 $ETH

Current Price: ~$2,350

24h Change: Up 0.38%

ETH has surpassed the $2,200 mark and is currently trading around $2,350, with strong upward momentum. Technical indicators suggest that the upward trend continues, with a short-term target of $2,400.

🔥 Notable Altcoins

Solana (SOL): Up 6%

Dogecoin (DOGE): Up 6%

Cardano (ADA): Up 6%

The decline in BTC's dominance ratio has triggered a strong price increase for altcoins, especially large coins like ETH, SOL, DOGE, and ADA.

📰 Major News

Meta re-enters the Web3 space: Meta, the parent company of Facebook, is exploring the use of stablecoins for cross-border payments, marking their return to the cryptocurrency space after the Libra project.

Bitcoin ETF reaches a new milestone: Total inflows into Bitcoin ETF funds have surpassed $40 billion, reflecting increasing acceptance from institutional investors.

⚠️ Market Warning

Although the market is in an upward trend, investors should be cautious of the potential for short-term corrections, especially as $BTC approaches the strong resistance zone of $104,000.