Ethereum’s exchange activity has reached an all-time high as coins are leaving exchanges for wallets, staking, and DeFi platforms, indicating a tightening supply. This shift reflects a significant change in Ethereum’s market dynamics. Bitcoin, while holding firm around $112,630, is experiencing temporary technical volatility. The price surged past $112,000 in a late-night spike. Despite this, high trading volumes are supporting the bullish momentum, and indicators like Bollinger Bands suggest a clear upward trend. While Bitcoin’s strength remains, its short-term volatility suggests a potential pullback to around $111,000, with the possibility of further dips in the coming weeks.