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๐ Market Analysis: Bitcoin & Ethereum Update ๐
๐ 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.
๐ Ethereum (ETH): ETH is consolidating after a breakout. Key support at $1,900โas long as it holds, the rally could continue. Resistance levels to watch:
๐น $1,960 โ Initial breakout target
๐น $2,030 โ Further resistance
๐น $2,120 - $2,200 โ Extended upside if momentum sustains
โ ๏ธ If ETH drops below $1,900 on the 4-hour close, a deeper pullback toward $1,860 - $1,830 may follow.
๐ฏ Strategy: Trade cautiously, focus on key levels, and prepare for potential market shifts post-weekend!
#BTC ETH #CryptoAnalysis Bitcoin #Ethereum Trading