Crypto Support Level Archives - Coin Engineer

Bitcoin Reacts to War News: Key Support Lost, What’s Next?

Yigit Taha OZTURK — Fri, 13 Jun 2025 13:00:20 +0000

As global tensions rise, the crypto market has not remained immune. Following yesterday’s war-related headlines, Bitcoin broke a key support level, triggering high volatility across the board.

Support Lost, Rebound Faces Resistance

BTC lost the $106,400 – $105,328 support zone after a sharp drop. The long wicks seen during the decline suggest intense selling pressure. Although price is currently attempting a recovery, it appears to be facing resistance, limiting further upside.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

If Bitcoin fails to hold above the $106,400 zone, the next support to watch will be around $101,466. This level could play a decisive role in determining the short-term direction.

Break Above Resistance Could Reopen Path to $108,000

If the price can reclaim and maintain a position above the broken resistance, a renewed move toward the $108,000 level becomes technically possible.

Given the current instability in both global and crypto markets, caution remains key. Traders are advised to manage risk carefully and stay alert to rapid market shifts.

BTC/USDT pair 4-hour chart.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Bitcoin Reacts to War News: Key Support Lost, What’s Next? appeared first on Coin Engineer.

Ethereum Nears Critical Level: Deeper Correction Ahead?

Yigit Taha OZTURK — Mon, 19 May 2025 15:30:43 +0000

Weeks that start quietly in the crypto market often resemble the calm before the storm. While investors hold their breath, technical signals on charts begin to hint at what might come next. This time, all eyes are on Ethereum.

Rejection From FVG Zone Raises Concerns

Recently, ETH faced a clear rejection from a downward Fair Value Gap (FVG) zone — a key technical level that has historically influenced price direction. Now, the coin is trying to hold above the 2,394$ – 2,265$ support band. A decisive break below this zone could trigger a stronger wave of selling.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Analysts warn that if this support is lost, ETH may drop to around 2,100$.

ETH/USDT pair 4-hour chart.

Altcoin Long Traders Should Be Cautious

This setup doesn’t just affect Ethereum but casts a shadow over the broader altcoin market as well. Traders opening leveraged long positions should proceed with caution. Sudden wicks and liquidity hunts could result in unexpected losses.

Monitoring not just technical indicators but also market sentiment and volume trends will be key in navigating this phase. Investors are advised to apply strict stop-loss strategies to manage risk effectively in the short term.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Ethereum Nears Critical Level: Deeper Correction Ahead? appeared first on Coin Engineer.

Berachain (BERA) Technical Analysis: Critical Resistance Level Tested

Yigit Taha OZTURK — Thu, 27 Mar 2025 17:00:15 +0000

In recent days, Berachain (BERA) has shown a remarkable upward movement. However, it has now reached a critical resistance at $8.79. Traders should exercise caution when opening long positions at this level, as a break above this point could determine the future price direction.

$8.79 Resistance and Possible Pullback

Berachain (BERA) has experienced a strong upward trend, surpassing key levels, but $8.79 remains a critical resistance point. This level is confirmed by Fibonacci retracement and technical indicators as a key resistance. Traders looking to open long positions should monitor the price closely before deciding to enter.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

In the event of a pullback, the following levels may act as support:

FVG (Fair Value Gap) Region: This region, also known as the upward FVG region, will likely act as a support level in the event of a pullback.

Volume Breakout and Potential Uptrend

If Berachain breaks the $8.79 resistance with strong volume, it could move towards the next target at $9.25. $9.25 stands as the next key resistance point, and a strong push towards this level could follow after a successful breakout.

BERA/USDT 4-hour chart.

Volume-driven breakouts are key signals for continued upward momentum. Traders should keep a close eye on whether Berachain can break through this resistance level with substantial volume.

Berachain investors should tailor their strategies based on both market trends and these technical levels.

The post Berachain (BERA) Technical Analysis: Critical Resistance Level Tested appeared first on Coin Engineer.