Bitcoin and popular altcoins are currently in the following situation. As the Bitcoin ETF news approaches, there is a contraction observed in Bitcoin’s fiat structure. It is crucial to surpass significant fiat levels to determine the direction of Bitcoin. The resistance is at $45,000, and the support is in the $40,000 range. Overcoming these levels may determine Bitcoin’s future direction.
‣ Bitcoin (BTC): The BTC/USD pair is currently trading at $44,000, with a 0.10% increase. Resistance levels for BTC are in the range of $45,000 – $48,000, and support levels are in the range of $43,650 – $42,400.
‣ Ethereum (ETH): The ETH/USDT pair is currently trading at $2,249, with a 0.42% increase. ETH resistance levels are in the range of $2,386 – $2,542, and support levels are in the range of $2,150 – $2,077.
‣ ApeCoin (APE): The APE/USD pair is currently trading at $1.46, with a 4.56% increase. APE resistance levels are in the range of $1.52 – $1.66, and support levels are in the range of $1.41 – $1.36.
‣ Ordinals (ORDI): The ORDI/USD pair is currently trading at $71.72, with a 6.67% increase. ORDI resistance levels are in the range of $76.52 – $83.64, and support levels are in the range of $67.02 – $60.90.
‣ Optimism (OP): The OP/USD pair is currently trading at $3.38, with a 4.78% increase. OP resistance levels are in the range of $3.44 – $3.80, and support levels are in the range of $3.22 – $2.92.