A Quick Look at Today's Market Performance on Binance:

📊 Current Prices

Bitcoin (BTC): 103,546 $ (⮝ +0.75 %)

Ethereum (ETH): 2,653.63 $ (⮝ +7.42 %)

🔍 Technical Analysis

Bitcoin (BTC):

Strong support level at ~100,000 $; breaking it could open the way to 95,000 $.

First resistance at 105,000 $, and if broken, we may target 110,000 $.

Relative Strength Index (RSI) near 60, indicating moderate upward momentum.

Ethereum (ETH):

Immediate support at 2,500 $; breaking it could push the price towards 2,300 $.

Key resistance at 2,700 $, and breaking it could push towards 3,000 $.

Strong upward movement today with an increase in trading volume, enhancing the likelihood of continued upward momentum.

🗞️ Fundamental Factors

Announcement of a new development architecture for the Etherscan platform supports the expansion of smart contracts.

Slight decline in U.S. bond yields enhances the appeal of speculative assets.

Strong monitoring of upcoming 'Taproot' updates on the Bitcoin network and their impact on transaction speed.

⚠️ Tips and Risk Management

Use a Stop Loss at key support levels.

Do not risk more than 1–2 % of your balance on a single trade.

Keep an eye on global economic news (stock markets, interest rate policies) and its impact on investor liquidity.

What are your thoughts on the forecasts?

Share your analysis and price targets in the comments!