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#BTC and #ETH are both maintaining positions above the 100 EMA, indicating strong support levels. A breakout is anticipated soon 🚀.
#ETH and altcoins are expected to outperform #BTC, particularly with the expected launch of the #ETH ETF on July 2nd. This could drive significant market interest and investment into Ethereum and other alternative cryptocurrencies.
The best outcome would be a sustained bullish trend post-breakout, with Bitcoin potentially targeting the $70,000 mark and Ethereum aiming for $4,000 and beyond. The successful launch of the ETH ETF could further enhance investor confidence, leading to increased inflows into Ethereum and the broader altcoin market. This scenario would be highly beneficial for long-term holders and could set the stage for a new bullish cycle in the cryptocurrency market.
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