Bitcoin and Ethereum: Market Volatility, Who Will Break Through?
In the past few days, the market has remained stable and fluctuating overall, lacking news-driven momentum, but market sentiment has seen a slight rebound. Bitcoin has encountered resistance around $85,000, but on-chain data shows that whales continue to accumulate, and the supply of Bitcoin on exchanges is decreasing, which supports a bullish outlook for the future. If the price breaks through $85,000, it is expected to challenge $90,000.
Regarding Ethereum, although it is facing multiple resistances in the short term, institutional funds have been continuously flowing in the long term, providing support for the price. Pay attention to the key resistance level of $2,050; a breakthrough could lead to further increases.
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