Bitcoin and Ethereum: Market Shifts and Uncovering Hidden Impacts

The world of cryptocurrency is ever-evolving, with fluctuations in Bitcoin and Ethereum prices capturing the attention of traders worldwide.

Bitcoin’s Value Surges Past $96,000, Aiming for $100,000 Target Bitcoin's (BTC) price continues to hover above the $96,000 mark on Monday morning, following a successful retest at the $91,000 level. The digital asset is now encountering sell orders clustered above $97,000, as traders anticipate a potential squeeze to the upside.

After surging past a crucial resistance zone on Friday, Bitcoin's bullish momentum appears to be slowing down. The world's leading cryptocurrency encountered strong selling pressure at the $97,000 pivot point, hindering its further ascent.

One prominent trader and analyst highlights the significance of this retest, noting that support is being reinforced at lower highs. He adds that the next major goal is to break through the trendline, which would pave the way for a move toward the $100,000 target.

Meanwhile, an expert is closely monitoring liquidation levels in exchange orders, observing a strategic hunt for liquidity surrounding Bitcoin. Analysis from a leading platform indicates that most sell orders are clustered above $97,000. However, an analyst from another platform cautions that the high leverage might trigger a cascade of liquidations in the short term.

As traders shift their focus, Ethereum emerges as the altcoin to watch While Bitcoin's price action attracts attention, several altcoins are also making noteworthy moves. Among them, Ethereum (ETH) has been rallying strongly over the past few days.

One analyst is looking at a potential target for Ethereum at $4,000, which would represent a significant gain from its current price. However, for this upward trend to continue,觀察者們正密切關注比特幣價格上漲，同時也留意其他幣種的動態。在過去幾天裡，其中表現亮眼的包括以太幣 (ETH)，其價格正在上漲。

一名分析師將以太幣的潛在目標設定在 4,000 美元，這將較其當前價格有顯著漲幅。不過，如果要讓這種上漲趨勢得以持續，就必須讓以太幣在本週收盤時突破 3,700 美元的阻力位。

儘管如此，還是有人對此持謹慎態度，並預測可能會有修正，讓價格跌破 3,000 美元關口。儘管近期以太幣來勢洶洶，但仍有可能出現一波回落，將價格拉低至 2,800 美元左右。

隨著加密貨幣世界繼續經歷動態變化，請務必關注最新市場變動和策略。