Bitcoin (BTC): Price ~86,000 – 88,000 USD (fluctuation from 86k to 88k). After ATH ~126k USD in October, BTC lost momentum due to outflows from ETFs, high leveraged positions, and macro concerns (inflation, interest rates, potential hikes in Japan). Support ~85k USD, resistance ~90k. Institutions are accumulating long-term, but in the short-term the market is risky – a correction to 80k is possible with bad data.
Ethereum (ETH): Price ~2,950 – 2,960 USD, below ATH ~4,950 USD. ETH is performing worse than BTC (ETH/BTC ratio ~0.033-0.034, YTD decline). Capital rotation to BTC, low on-chain activity, but inflows to ETH ETFs and accumulation by whales. Support ~2,800-2,950 USD, resistance ~3,100 USD. L2 development gives hope for a rebound.
Overall sentiment is bearish due to profit-taking and macro risks.
