Price Analysis

Bitcoin's price dropped to $108,000, facing bearish pressure and breaking short-term support, even as Bitcoin ETFs saw renewed inflows of $219 million after days of outflows. Key support and resistance levels suggest cautious market sentiment.

Ethereum's price struggles to break the $2,550 resistance level. Analysts warn that failure to surpass this mark may lead to a bearish rotation soon.

Ether is currently at a pivotal point, risking a decline below $1,900 which could trigger significant investor demand. Historical on-chain metrics show strong support in the $1,848–$1,905 range. If it dips below $1,900, we may see capitulation risks increase, revealing thinner demand further down.