Bitcoin Dips Below $109,200 as Ethereum Holds $3,980 Support

Bitcoin is trading around $109,198, down modestly as markets digest macro signals. Ethereum is near $3,980.87, showing relative stability.

The broader crypto market is witnessing a mild pullback amid interest rate uncertainty and cautious sentiment. Many altcoins are under pressure as traders reduce risk.

Key Observations:

• BTC support at ~$108,700 is being tested.
• ETH holding near $3,900 may act as a pivot zone.
• Liquidation pressure across leveraged long positions intensifies volatility.
• Upcoming macro announcements (inflation, employment) could trigger strong reactions.

Conclusion:

This pullback may deepen if support zones fail. For now, traders should watch $108K (BTC) and $3,900 (ETH) closely and manage exposure.