#MarketRebound Bitcoin surpasses $109,000 and Ethereum trades above $2,700: what does it mean for the market?

Bitcoin has broken above $109,000–$110,000, approaching historic highs near $112,000. This rally has been supported by significant institutional inflows, a reduction in available supply, and a more favorable macroeconomic environment.

Ethereum is not far behind: it is trading around $2,800, consolidating levels above $2,700 after an increase in speculative appetite. The rise in open interest in derivatives and large movements towards Binance suggest positioning for a bullish breakout.

Short-term outlook:

• BTC could seek new highs of $112,000–$120,000 if it maintains its momentum.

• ETH could attempt to break resistances in the $2,800–$2,900 range and continue gaining ground.

Overall, a market driven by positive sentiment and institutional investments. However, volatility persists: potential pullbacks near $108,000–$109,000 in BTC or $2,650–$2,700 in ETH would serve as healthy pauses before continuing to climb.