📣 Binance Market Update: BTC & ETH 🔥
• Trading around $108k, slightly pulled back (~–1%) after recent highs near $110k. Volume looks stable as BTC forms a bullish flag—a potential breakout pattern signaling further upside toward $114k–$120k .
• Intraday support sits near $107k, with a key demand zone between $100k–$103k validated by big ETF inflows (~$4.5 bil in July) .
• Technical signals suggest a possible 25% rally toward $143k, if BTC clears the $114k resistance on strong institutional/assets flows .
• Currently at $2,520, down ~2% from the peak of $2,600; midday range is $2,480–$2,585 .
• On‑chain metrics show sustained accumulation (exchange supply ~17.1 M ETH), signaling long-term holder confidence .
• Technically coiling in a descending triangle with resistance at $2,600–$2,650; breakout could propel ETH to $2,750–$3,000 .
• Institutional interest is heating up—spot ETH ETFs are gaining traction, and the Bitwise CIO calls for “explosive growth” in H2 2025 .