Red Box and $108,791 Resistance Are Key

On the 4-hour chart, BTC is approaching the critical $108,791 resistance level. This area, which aligns with the red box zone, is technically significant. If Bitcoin can secure a close above this zone, the potential for a new ATH (All-Time High) becomes a realistic scenario.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Recent consolidation phases have kept traders cautious, but a breakout here could signal a renewed bullish trend. Market volume and momentum are worth watching closely at this level.

Support Still Holding Well

On the downside, the $106,622 – $105,725 range remains a solid support area. It has continued to hold during recent pullbacks, showing buyer interest at those levels. Today’s upward movement was also strongly influenced by the breaking news that Israel has accepted a ceasefire—proving again how geopolitical factors can rapidly shift sentiment in the crypto market.

Right now, BTC is at a decision point. A breakout could mean new highs, while failure to breach the resistance might lead to another period of sideways movement.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post New All-Time High? Bitcoin Faces a Pivotal Resistance Zone appeared first on Coin Engineer.

Ethereum, Solana, Cardano Jump After Trump’s Israel-Iran Ceasefire Claim

Former U.S. President Donald Trump announced that he brokered a ceasefire between Israel and Iran, stating on Truth Social: “Iran will officially start the CEASEFIRE and, upon the 12th Hour, Israel will start the CEASEFIRE… an Official END to THE 12 DAY WAR will be saluted by the World.”

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Following this post, major cryptocurrencies rallied. Ethereum (ETH) surged over 6% to above $2,406, Solana (SOL) rose above $144, and Cardano (ADA) climbed past $0.58 — each marking a roughly 7% daily gain.

Crypto Volumes Rebound, Altcoins Lead the Way

Trading volumes bounced back sharply after nearly $600 million in long liquidations over the weekend. XRP, Dogecoin, BNB, and SHIB all saw gains between 4% and 8%, showing a broad-based recovery in the altcoin sector.

Meanwhile, Bitcoin (BTC) remains steady around $105,000. Analysts see this consolidation as a sign of structural strength. “BTC’s ability to stay above $100K amid geopolitical turbulence is a clear indicator of resilience,” said Kay Lu, CEO of HashKey Eco Labs.

As ETF inflows resume, investors appear to treat Bitcoin as a maturing macro hedge, less sensitive to traditional market fears.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Trump’s Surprise Ceasefire Sparks Crypto Market Rally appeared first on Coin Engineer.

A Critical Day for Bitcoin and Ethereum Options 

According to Deribit exchange data, approximately 27,959 Bitcoin options contracts are reaching expiration today. The total nominal value of these contracts is around $2.9 billion. Another notable data point is Bitcoin’s max pain level set at $106,500, which represents the price point where option holders experience the greatest loss. 

Looking at the put-to-call ratio, Bitcoin stands at 0.91, indicating that investors still lean towards a bullish market sentiment. While some traders hold bearish positions, confidence in a price increase remains stronger. 

Put Options Dominate Ethereum 

On the other hand, the situation is different for Ethereum. Today, 246,849 Ethereum options contracts are expiring with a total nominal value of approximately $617.6 million. The max pain point for Ethereum is set at $2,650. Ethereum’s put-to-call ratio has reached a significant 1.14, showing that put options are more favored than calls, and investors are seeking greater protection against downside risks. 

Geopolitical Developments and Increased Volatility 

The timing of these option expirations is not coincidental. The Israel-Iran tensions in the Middle East have shaken investor confidence. Notably, implied volatility for Ethereum has shown a marked increase, suggesting potential sharp price movements in the coming days. Meanwhile, Bitcoin’s volatility remains relatively stable, implying a more steady short-term outlook for BTC.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Bitcoin and Ethereum Options Expire Today! Critical Day appeared first on Coin Engineer.