๐ฃ Ethereum (ETH) is trading around $3,500โ$3,600, showing steady momentum after the recent market correction.
โ๏ธ The networkโs upcoming Fusaka upgrade aims to boost scalability and lower gas fees โ a strong long-term signal for adoption and ecosystem growth.
๐ธ While short-term sentiment remains cautious, analysts note that Ethereum could follow Bitcoinโs next leg up once market confidence returns.
๐ Support: $3,200 โ $3,300 ๐ Resistance: $4,000 โ key breakout level to watch for a bullish move toward $4,500 $ETH $ETH
๐ Bitcoin is currently trading around 103000โ105000 after facing a sharp correction from its recent 125K ATH in October
๐ธ Over 12B in outflows hit the crypto market last week with Bitcoin leading those losses showing short term caution
โ๏ธ Analysts believe the market has completed its deleveraging phase which could open doors for a new upside move Institutional demand through Spot ETFs continues to grow keeping long term confidence strong
๐ Support zone 100K โ critical to hold ๐ Resistance 107Kโ110K โ a breakout above this could trigger a move back to 120K plus
๐ป Price has dropped back to ~**$103K** after failing to hold earlier gains. ๐ธ Major outflows hit the crypto market โ ~**$1.2B** last week, with Bitcoin taking ~**$932M** of that. โ ๏ธ Crypto-treasury firms are shifting into more volatile tokens, raising risk alarms. ๐ The market has given back almost all its 2025 gains as investor sentiment turns cautious.
๐ What to watch: โข Can Bitcoin hold the ~$100K floor? โข Will new institutional funds flow in or will outflows continue? โข Macro headwinds remain strong (weak jobs, cooling AI/infra themes).
โ My take: Slightly bearish unless support holds and flows reverse. If ~$100K breaks โ potential dip toward ~$90-95K.