Market Update: #BTC and #ETH
The scenario for Bitcoin remains bullish towards the zone $99K–100K in the format of a retest of the broken daily ascending slope. After that, I expect a continuation of the decline towards the April low $74.4K, the breakdown of which will confirm the break of the ascending trend. Locally for BTC, I'm watching the breakdown of the hourly descending — the zone $92.6K–94K is interesting for a short speculation in long until $100K.
For Ethereum — after breaking through the daily descending resistance, I expect movement towards $3400–3500, and after consolidating key levels, an impulse towards $4000 is possible.
Further decisions will be made after confirmations of breakouts and consolidations.



