Market Sentiment
The market is in a "Steady Bullishness" phase, driven by Bitcoin and Ethereum with support from:
Large institutional inflows via ETF funds.
Positive economic news between the USA and the European Union.
Political and legislative support (GENIUS Act).
➡️ The overall trend is positive, but still under strong testing, especially at significant psychological levels like $120,000 for Bitcoin
📈 Technical Analysis of Major Currencies
1. Bitcoin (BTC)
Resistance: $120,000 (strong psychological and technical level).
Support: $117,000 – $115,500.
Current behavior: The market is facing Longs liquidations due to a failure to break through, but maintaining support is very important.
Technical signal: The “cup & handle” pattern indicates a potential rise to $135,000–$140,000 if $120K is broken firmly.
