Fraz_Aslam

ETH Testing $3,100: What’s Next? 🚀

​$ETH is showing strong resilience today, trading around $3,096. After weeks of consolidation, we’ve finally broken the psychological $3,000 barrier.
​Key Technicals:
​Support: $3,050 is the must-hold zone for bulls.
​Resistance: $3,250 is the next major target. A high-volume break here could lead to $3,500.
​Sentiment: RSI is at 58, meaning there’s still plenty of room to run before becoming "overbought."
​Institutional interest via ETFs is keeping the floor price stable. I’m looking for a continuation of this trend as long as we hold above the 50-day EMA.
​#ETH #Ethereum #TechnicalAnalysis #BinanceSquare #StrategyBTCPurchase

$BTC is currently trading near $90,225, consolidating after a recent upward move.
Price is holding above the 50-day moving average, suggesting short-term bullish momentum.
The 200-day moving average remains below price, confirming a broader bullish trend.
BTC has formed higher lows, indicating buyers are defending dips.
RSI is around 55, showing mild bullish momentum without overbought conditions.
Immediate resistance is near the recent swing high of $92,000.
A breakout above $92,000 could trigger further upside toward $95,000+.
Support lies around $88,000, aligned with previous consolidation zones.
A breakdown below $88,000 may trigger a short-term correction toward $85,000.
Overall bias is cautiously bullish, favoring continuation while support holds.
#StrategyBTCPurchase #USTradeDeficitShrink #USNonFarmPayrollReport #USJobsData #BTC

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