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📊 Market summary today

Bitcoin (BTC) is currently trading at ~105,320 USD, down 2.2% over the past 24 hours. It recorded a high of 108,376 and a low of 103,081 USD.

Ethereum (ETH) at ~2,548 USD, down about 8% over 24 hours, with a high of 2,768 and a low of 2,465 USD.

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🧭 The main reasons for the price decline

Deterioration due to geopolitical tensions: An Israeli attack on Iran triggered a wave of "risk-off," causing BTC to drop to below $103,000 and Ethereum to around $2,500.

Significant liquidity across the market: 98 out of 100 major cryptocurrencies are experiencing a decline, with a drop in liquidity and total market value by about 6% (~3.38 trillion).

Technical factors: Breaking important technical support levels, such as Bitcoin breaking below the 200-EMA on the 4-hour timeframe (~104,557) and Ethereum's drop from $2,770 to $2,530.

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🔧 Quick Technical Analysis

Bitcoin is retesting the support area between 102,000–103,000, signaling the possibility of further decline towards 100,000 if this range is lost.

Ethereum is facing strong resistance between 2,740–2,760, with an expectation to retest the area between 2,480–2,500 before attempting to launch again towards 3,000+ dollars.

The market risk index ( indicates a dominance of risk aversion, with strong short positions around the level of 102 for BTC.
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