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🚀 Market Analysis: Bitcoin & Ethereum Update 🚀
📉 Bitcoin (BTC): After failing to break the upper resistance, BTC has retraced to $84,000, entering a consolidation phase. The KDJ indicator suggests upside momentum is still present, but a range-bound strategy is advisable for now. Watch for weekend signals before making aggressive moves.
📈 Ethereum (ETH): ETH is consolidating after a breakout. Key support at $1,900—as long as it holds, the rally could continue. Resistance levels to watch:
🔹 $1,960 → Initial breakout target
🔹 $2,030 → Further resistance
🔹 $2,120 - $2,200 → Extended upside if momentum sustains
⚠️ If ETH drops below $1,900 on the 4-hour close, a deeper pullback toward $1,860 - $1,830 may follow.
🎯 Strategy: Trade cautiously, focus on key levels, and prepare for potential market shifts post-weekend!
#BTC ETH #CryptoAnalysis Bitcoin #Ethereum Trading