Bitcoin Technical Outlook
Bitcoin confirmed a second TBT Bullish Divergence Cluster yesterday, yet trading volume and on-balance volume (OBV) remain weak. The prevailing scenario anticipates a bull trap rising toward $100,000 before a subsequent decline. Absent stronger volume conviction, bears may reassert control once this resistance zone is tested.
Ethereum Price Behavior
Ethereum closed up 1.22% but failed to close inside the daily TBO Cloud, maintaining a bearish bias. On the ETH/BTC chart, price has re-entered the daily Cloud, signaling bullish consolidation. Immediate resistance lies at 0.03577 and the TBO resistance band at 0.03615, levels unlikely to be tested today without…
