Aaron Mata
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Ethereum (ETH) – Daily Update
ETH is currently trading around $2,598, recovering nearly 10% from its July 2 lows. After a strong bounce, the price has reclaimed key support levels and is approaching the upper range of a multi-week consolidation.
The recent 5–7% rise has been driven by strong institutional inflows into ETFs, a growing stablecoin market cap, and record-low exchange balances—factors reinforcing the bullish sentiment.
On the macro side, solid U.S. economic data—especially jobs figures—has helped keep ETH above the $2,580 level, in line with broader market optimism.
From a technical perspective, analysts highlight a potential breakout above $2,600, which could push ETH toward $2,746 to $3,000, provided the $2,400–$2,500 support zone holds.
$ETH #ETH #Ethereum
ETH is currently trading around $2,598, recovering nearly 10% from its July 2 lows. After a strong bounce, the price has reclaimed key support levels and is approaching the upper range of a multi-week consolidation.
The recent 5–7% rise has been driven by strong institutional inflows into ETFs, a growing stablecoin market cap, and record-low exchange balances—factors reinforcing the bullish sentiment.
On the macro side, solid U.S. economic data—especially jobs figures—has helped keep ETH above the $2,580 level, in line with broader market optimism.
From a technical perspective, analysts highlight a potential breakout above $2,600, which could push ETH toward $2,746 to $3,000, provided the $2,400–$2,500 support zone holds.
$ETH #ETH #Ethereum
📈 #Bitcoin Today: Consolidating Near All-Time Highs
Bitcoin is trading between $108,000 and $109,600, just below its all-time highs. What’s driving this market momentum?
🔍 Key points today:
- BTC is consolidating in the $100K–$110K range, forming bullish technical patterns.
- Institutional inflows remain strong; ETFs continue to attract fresh capital.
- On-chain data shows short-term holders are in profit, with strong demand around $100K–$103K.
- Some analysts forecast an upside extension to $114K–$117K.
#BTC #Crypto #BinanceSquare #BitcoinAnalysis
Bitcoin is trading between $108,000 and $109,600, just below its all-time highs. What’s driving this market momentum?
🔍 Key points today:
- BTC is consolidating in the $100K–$110K range, forming bullish technical patterns.
- Institutional inflows remain strong; ETFs continue to attract fresh capital.
- On-chain data shows short-term holders are in profit, with strong demand around $100K–$103K.
- Some analysts forecast an upside extension to $114K–$117K.
#BTC #Crypto #BinanceSquare #BitcoinAnalysis
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I have been exploring how #WalletConnect works and I find it to be a very practical solution for connecting dApps without compromising security. The idea of decentralizing access with just a scan seems great to me. 💡 $WCT has potential if it continues to be well supported by @WalletConnect
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