Analysis of Current Trends: BTC and ETH
🔍 Current Price and Trend
Bitcoin (#BTC ): Correction after all-time highs
Bitcoin is experiencing a significant correction after reaching levels close to $105,000.
The data shows:
· Current price: Approximately $101,265.
· Recent trend: Drop of 3.1% in the last 24 hours.
· Key context: The tension between President Trump and Elon Musk seems to be negatively affecting the market.
· Liquidation volume: Nearly $1 billion in liquidations in the last 24 hours, with over 93% being long positions.
The psychological support of $100,000 is being tested, and investors are watching to see if BTC can maintain this crucial level.
Ethereum (#ETH ): Sharp decline
Ethereum shows a more pronounced bearish trend than Bitcoin:
· Current price: Around $2,405.
· Recent trend: Drop of approximately 7.5% in 24 hours.
· Key level: Break below the $2,400 support.
· Trading volume: Significant increase during the drop, indicating accelerated selling.
This drop represents a significant pullback from the $2,630 observed just two days ago, suggesting a possible deeper correction.