Bitcoin Technicals and Volume Analysis
Bitcoin (BTC) has held near $87,000 following its bounce from $80,000, but daily volume on Binance remains muted, suggesting limited conviction behind the move. In the absence of significant buying pressure, further upside toward our short-term target of $93,000 (TBO Fast line) may be driven primarily by short squeezes rather than sustained demand. Traders should monitor volume and TBO Resistance levels—recent declines in resistance could imply that prior highs were overextended and may lead to consolidation or a pullback.
Ethereum Outlook and ETH/BTC Dynamics
Ethereum (ETH) mirrors Bitcoin’s trajectory, targeting $3,100 on the daily chart….
