On the 4-hour chart, Bitcoin recently broke out of a descending channel, showing that short-term selling pressure has eased. It was followed by a rejection at the $113K level, sending the price back toward the $110K–$109K support band. The RSI is hovering slightly above 50, suggesting a neutral bias with room for either continuation higher or renewed weakness. As long as the $110K level holds, bulls may attempt another push toward the $113K and $117K highs. However, a decisive drop below $110K would likely invite sellers back in, with the $104K fair value gap as the next logical target.
- 0 replies
- 0 recasts
- 0 reactions
Those who are busy celebrating a new Ethereum (ETH) all-time high might be at the very top of the rollercoaster. Market analyst Vetle Lunde of K33 Research has shared an insightful and revealing chart, which overlays Bitcoin's post-2017 price history on the logarithmic scale against Ethereum (ETH).
- 0 replies
- 0 recasts
- 0 reactions
The U.S. Treasury Secretary has shut down speculation of adding Bitcoin to government reserves — but institutional interest in Ethereum is heating up. Ethereum ETFs are seeing strong inflows, and JPMorgan calls ETH well-positioned for explosive stablecoin growth. Meanwhile, Coinbase, Ripple, and other major players are expanding their crypto footprint, fueling chatter that an altcoin season may be approaching.
- 0 replies
- 0 recasts
- 0 reactions