⚓️ #Bitcoin is moving sideways at 101,900.$ , fluctuating between $103,980 and $101,460.$ during the day;
✍️ ETH is showing signs of recovery after dipping from the level of 2,445.$ to $2,300. While the options expiration for BTC and the closing of $3.5 billion contracts may increase volatility, ETF exits and a daily volume increase of 19% are putting pressure on ETH prices.
📉 Technically, the daily RSI for BTC is ~42, and for ETH ~41; both are in the oversold region, indicating a possibility of a short-term rebound.
💡 On days when withdrawals from exchanges are concentrated, the risk of low volume manipulation may increase. Institutional purchases and the impact of ETFs can play a critical role in direction determination.
This is not investment advice.
#crypto #cryptocurrency #bitcoin #ethereum #btc #eth