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#BTC110KToday?
🔍 Quick Analysis – Bitcoin (BTC)
Current BTC price: about 107,058 $. ( has decreased slightly from the daily high of 108,146 $.)
"Bull Flag" pattern on the daily chart: A breakout above 109,000 $ could push the price to 140–146 thousand dollars.
Major support near 105–106 thousand dollars, resistance at 109–110 thousand, and a breakout above opens the door to 117–112 thousand.
On-chain indicators show that long-term investors are buying, suggesting a possibility of the price reaching $160,000 before August.
Summary: Waiting for a breakout at 109 thousand; otherwise, levels 105–106 thousand are considered a re-buy opportunity.
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🔎 Quick Analysis – Ethereum (ETH)
The current price of ETH: approximately $2,429. Ranges between $2,407–$2,510 today.
It retreats from resistance at $2,500–2,550, and needs to hold above it to confirm a rise towards $2,700–3,000.
The technical chart shows a "Rising Wedge" and a decline below the EMA averages, which may push it to test support at **2,400–2,200 $**.
Positive outlook: A breakout above 2,505–2,530 $ could open the way up to **3,000 $**.
Summary: A critical phase near $2,500; stability above it enhances the likelihood of a rise, while a drop may lead to a correction.
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⚙️ The main factors
1. Regulatory Environment:
The White House issued an order to create the "Strategic Reserve for Bitcoin" on March 6, 2025, according to President Trump.
The entry of institutions like Circle and regulatory adjustments in Congress regarding stablecoins have positively impacted the market.
2. Investor Trends: