#BTCvsETH
Bitcoin (BTC)
Currently quoted at around US$ 118,800, recording a slight intraday increase, between US$ 116,800 and US$ 119,500
Reached a new all-time high near US$ 123,000 last week, driven by record flows into ETFs and increasing institutional adoption.
Technical analysts identify favorable patterns, suggesting additional upside potential of around 14%, potentially reaching ~US$ 134,500.
ETHEREUM
Technicians highlight an ascending triangle structure, which signals potential upside of up to 80% to US$ 8,000. Analyses point to massive liquidation of short positions that could elevate ETH to US$ 4,000 soon.
Bitcoin remains close to its new historical level, promising further appreciation in the medium term. Ethereum, in turn, shows strong technical signs and may continue to surprise, with targets like US$ 4,000 on the way and bolder scenarios up to US$ 8,000.