Bitcoin and Ethereum have shown resilience and upward momentum lately. Bitcoin is trading around $57,917 with a daily increase of 2.48% and has the potential to reach $60,000 if it breaks through a key resistance level. Its trading volume has increased by 17.84%, and its market cap has expanded to $1.144 trillion. However, indicators suggest a short-term bearish trend.
Ethereum is priced at $2,356.29 with a daily gain of 0.89% and has also seen a strong recovery from a recent dip. If it surpasses a resistance level at $2,375, it could continue its bullish momentum, but a drop below a support level at $2,337 could lead to further declines. Ethereum's trading volume has increased by 10.13%, and its market cap stands at $283.53 billion. Its indicators also indicate a bearish short-term trend.
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