Bitcoin/ETH is maintaining a slight upward trend, with BTC hitting a historical peak and ETH testing an important resistance area. The market is still in a 'war between 2 forces': macro factors + regulations are creating strong momentum, but upcoming reports (inflation, laws) may move in the opposite direction. Regarding liquidity, transaction fees and spreads are high due to the sudden increase in volume; as the price approaches ATH, the Volatility Index (DVOL) indicates a possible reversal or short-term adjustment.
✅ Suggested actions (if you are investing/trading). Hold Bitcoin/ETH in the short term with a tight stop-loss below the support zone (BTC ~120k, ETH ~3,050). Monitor the breakout phase on ETH > 3,050 USD – the possibility of quickly rising to $4,000. Scalping altcoins: ICP and ATOM have volatile candles, sensitive to breakouts/support levels, so consider small orders. Pay attention to upcoming macro news: CPI report and Fed's direction – prepare for potential reduction/shift in interest rate expectations.
🔍 General overview
Bitcoin (BTC):
Today's price ranges from about 118.4k – 122.9k USD, with a slight increase compared to the previous close (up ~0.6%).
Set a new historical peak at around 123k – 123.2k USD in the morning session, but then slightly adjusted below the 120k USD range.
Ethereum (ETH):
Currently trading around 2,990 – 3,070 USD, up about 0.3% compared to 24 hours ago.
Currently testing the resistance zone of 3,050 USD; if it breaks through and closes the session day, it could open the path to 4,000 USD.
BNB:
Currently at ~688 – 707 USD, with a slight increase of ~1% for the day, but still showing signs of adjustment when hitting the session peak at ~707 USD and then dropping.