Chishti92

1. Bitcoin (BTC) Analysis
Current Price: ~$58,500
Trend: Consolidation with bullish bias
Support Levels: $57,000 and $55,300
Resistance Levels: $60,200 and $62,000
Analysis:
BTC is currently holding above the 50-day moving average. Despite short-term selling pressure, strong on-chain support suggests accumulation. A break above $60,200 can trigger a rally toward $62,000. If price drops below $57,000, correction may extend to $55,300.
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2. Ethereum (ETH) Analysis
Current Price: ~$3,050
Trend: Bullish continuation
Support Levels: $2,950 and $2,800
Resistance Levels: $3,180 and $3,350
Analysis:
Current Price: ~$58,500
Trend: Consolidation with bullish bias
Support Levels: $57,000 and $55,300
Resistance Levels: $60,200 and $62,000
Analysis:
BTC is currently holding above the 50-day moving average. Despite short-term selling pressure, strong on-chain support suggests accumulation. A break above $60,200 can trigger a rally toward $62,000. If price drops below $57,000, correction may extend to $55,300.
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2. Ethereum (ETH) Analysis
Current Price: ~$3,050
Trend: Bullish continuation
Support Levels: $2,950 and $2,800
Resistance Levels: $3,180 and $3,350
Analysis: