@graymmo
Bitcoin eth market situation today
### Bitcoin (BTC)
* Bitcoin is trading around **$114,700**, up ~2.2% intraday.
* Recent action shows support near **$110,000** and resistance in the **$112,000–$113,000** zone.
* There’s talk of a “rebound” from lower levels after a prior liquidation wave.
* Some analysts warn that if BTC falls below ~$111,300, it could trigger further downside pressure.
### Ethereum (ETH)
* Ethereum is registering strong performance, currently ~$4,219, up ~2%.
* ETH is being bolstered by institutional demand (e.g. through spot ETFs) and accumulation by large holders (“whales”).
* The ETH/BTC ratio is also rising, indicating ETH is outperforming BTC in relative terms.
* Key resistances for ETH lie in the ~$4,200–$4,300 zone; support zones lie lower, closer to ~$4,000.