$BTC $ETH
Title: BTC & ETH Market Update: Navigating the Volatility – Key Insights for Today
Body:
The crypto markets have experienced a notable dip today, with Bitcoin (BTC) trading around $93,137, reflecting a 4.1% decrease from its previous high. Meanwhile, Ethereum (ETH) is down 6.5%, currently priced at $3,224.97.
These movements follow the release of stronger-than-expected U.S. labor market data, which has dampened expectations for Federal Reserve rate cuts. As a result, risk-on assets like cryptocurrencies have faced downward pressure.
Key Support & Resistance Levels
BTC: Support at $90,000, Resistance at $97,000
ETH: Support at $3,100, Resistance at $3,500
Despite the short-term volatility, long-term sentiment remains bullish, with institutional interest continuing to grow, especially in Ethereum-focused ETFs.
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