#BTCvsETH 📊 Market performance & volumes

• Bitcoin is trading around $118,700, with a marginal gain today, after nearing the all-time high of ~$123,000 last week .

• Ethereum is at $3,815, up about ~1.9% intraday, driven by a sustained rally, with nine consecutive days of growth .

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🔄 Institutional demand & regulation

• Ethereum benefits from significant flows into spot ETFs, over $2 billion in a week, which have reduced reserves on exchanges  .

• Bitcoin continues to consolidate with strong volumes in ETFs (e.g., BlackRock's IBIT), and there are talks of creating a national strategic reserve   .

• Recent legislation (GENIUS Act, Clarity Act) is increasing confidence, especially in the stablecoin/DeFi segments (favorable to Ethereum) .

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⚙️ Technical analysis

• Ethereum has broken out above the 100/200 day moving averages → bullish trend signal with potential targets between $3,400–4,100 and over $5,000 in case of a major breakout  .

• The ETH/BTC ratio has broken a multi-month consolidation pattern, favoring ETH in the short term (possible target ratio 0.029‑0.032) .

• Bitcoin shows good resilience post all-time high, with sustained interest from institutional investors. Potential price targets up to $180k–200k by year-end   .

• BTC: more stable, YTD return ~26%, strong in terms of risk-adjusted return .

• ETH: more volatile, YTD return ~7.9%, but exceptional short-term performance (month +49%) .

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🧭 Outlook & strategies

🔹 Bitcoin

• Support: $115k–116k, Resistance: $123k–125k

• Key catalysts: legislative evolution (Clarity Act), advancements on national BTC reserve, macro proposals for strategic reserves .

• Targets: ~$150k–200k in the medium term.