Bitcoin and Ethereum are currently experiencing price consolidation, with Bitcoin trading around $97,086 and Ethereum near $3,352.
This stabilization is influenced by several factors:
• Institutional Investment: Significant purchases by institutional investors, such as MicroStrategy’s recent acquisition of 15,350 bitcoins, have contributed to market stability.
• Regulatory Developments: Anticipation of favorable regulatory policies under the incoming administration has bolstered investor confidence, leading to a more stable market environment. 
• Market Dynamics: Psychological resistance at key price levels, such as $100,000 for Bitcoin, often results in increased selling activity, preventing prices from advancing beyond these thresholds. 
These factors contribute to the current price consolidation observed in both Bitcoin and Ethereum.
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