Kraken Data Confirms Bitcoin’s Bullish Breakout Past $100K

Bitcoin has surged past the $100,000 mark, signaling a strong bullish momentum with Kraken data validating the upward trend. The cryptocurrency is now targeting the $105,000 resistance level, with robust support established at $102,000. A breakout above $104,200 could propel BTC to new highs, reigniting investor optimism in the market.

Bitcoin Price Surges Past $100K—Bull Market Officially Back?

Bitcoin has ignited a fresh rally, breaching the $100,000 psychological barrier with an 8% surge. The cryptocurrency now eyes the $105,000 resistance level as bullish momentum builds.

A newly formed trend line on the hourly BTC/USD chart shows robust support at $102,000, with Kraken data confirming the upward trajectory. The next critical hurdle lies at $104,200—a breakout could trigger another leg up.

The rally originated from a $95,500 support base, methodically conquering $98,000 before the explosive MOVE past six figures. Market structure suggests this isn’t mere speculation but institutional-grade buying pressure.

Ethereum Price Surges Past $2,200 with 25% Gain Amid Strong Market Momentum

Ethereum’s native token ETH has breached the $2,200 level with a 25% rally, marking its strongest upward move in weeks. The cryptocurrency now trades firmly above its 100-hour moving average, with technical indicators suggesting further upside potential.

A bullish trend line forming at $2,150 on hourly charts signals strong support, while resistance at $2,250 appears to be the next target for traders. The surge follows ETH’s decisive breakout above the psychologically important $2,000 level, which had previously capped multiple recovery attempts.

Market participants note the move comes with particularly strong momentum compared to Bitcoin’s performance, potentially signaling a shift in altcoin market leadership. Liquidity across major exchanges including Kraken remains robust as ETH tests year-to-date highs.