#BTC strongly pushed higher and break all the mentioned resistances. Price also surpassed the $119,000 and now retracing. Price is still bullish and can move further after a drop till $118,000 and $116,900.

#BTC.D UPDATE :

#BTC.D slowing rose up towards the thin dotted line and the area acted as resistance. Now Short-term its bullish but looking at the market, we can anticipate the break of the area by this week, and altcoin will start its rally as per the drop.

What Is zkSharding?

zkSharding is a re-introduced concept of Ethereum’s sharded execution layer which scales blockchains with parallelized execution within shards secured via zkEVM proofs.

This ensures transactions are valid across different shards before being submitted to Ethereum. zkSharding introduces each individual shard as a dedicated execution layer that is fully composable with each other.

This means a transaction can trigger the creation of new transactions on other shards, without compromising on speed or cost. zkSharding is distinct from Ethereum’s initially planned “proto-danksharding” as its implementation is more dynamic. zkSharding allows all shards to share a single validator set, split into subsets of validators dedicated to a specific shard. The subsets are reconstructed and reassigned after a certain period.

Secondary shards post validity proofs attesting to the correctness of state transitions to the Consensus chain. The Consensus chain verifies the proofs, ensures network-wide consensus, and then posts a proof to Ethereum for verification.

#BTC $120,000 🎉

Here's the Analysis of #IMX :

#IMX formed a triangle pattern and gave a break below it, showing sign of bearishness. Price forming a bear Flag pattern, which can lead in bearish continuation move but looking at the support area, it sustaining. So wait for the break of it or buys above $0.80.

#BTC rejecting from the physiological level around $120,000 and expected a dip till $118,800 or little but lower. Overall, market is bullish we can expect new higher high with NY open.