BTC breaks through the $70,000 milestone, up over 4% in 24h! ETH also follows with gains.



Analysis: This rally is mainly driven by these factors:
Fed rate cut expectations warming, benefiting risk assets
Institutions continue buying spot BTC, ETF funds see continuous net inflows
Web3 ecosystem revival, new projects launching densely, triggering FOMO sentiment

ETH faces resistance at the 60-day moving average, pullback momentum aligns with BTC. Currently, the hourly chart is mainly oscillating around the 2178-2125 range. Main support levels below are 2105-2090.
BTC-1.13%
ETH-1.36%
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