Downside Risk Archives - Coin Engineer

Bitcoin Continues Sideways Movement: A Setup For A New Peak?

Yigit Taha OZTURK — Wed, 09 Jul 2025 08:00:07 +0000

In the crypto market, all eyes are once again on Bitcoin. While there hasn’t been significant volatility in recent days, the fact that the price is hovering near critical levels keeps investor attention high. The current fluctuation around the 108,791 USD resistance level is being viewed as a potential sign of an upcoming breakout.

Despite strong upward moves on the Ethereum side yesterday, Bitcoin failed to show similar momentum. This has led investors to remain cautious, while the ongoing sideways movement adds to overall market uncertainty.

Path To A New High Could Open

At the moment, BTC has yet to clearly surpass the 108,791 USD resistance. Without a solid breakout above this level, further gains may remain limited. However, should the price break out convincingly—especially with strong closes above 109,400 USD—a new all-time high (ATH) could come into play.

You Might Be Interested In: Sonic SVM Research: Can New Stablecoins Shake Up the Old Order?

On the downside, the 107,000 USD support remains critical. If this level is breached, it could lead to increased short-term selling pressure and a deeper pullback. For now, price action is tightly squeezed between these two levels, and a decisive move in either direction is being anticipated.

BTC/USDT pair 4-hour chart.

Investors Await A Clear Direction

Overall, the current structure suggests that Bitcoin has not yet formed a clear trend. With low volume and price stuck between well-defined support and resistance, traders are urged to exercise caution in the short term. A breakout—either up or down—could lead to sharp, accelerated moves.

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 Continues Sideways Movement: A Setup For A New Peak? appeared first on Coin Engineer.

Critical Moment for AVAX Rise: Will the Bull Trend Begin?

Yigit Taha OZTURK — Mon, 10 Feb 2025 18:00:10 +0000

The AVAX market is currently moving in a sluggish, selling-dominated environment, and as things stand, it is hard to envision a sustained rally without breaking above the $26.70 level. As of now, AVAX is experiencing low trading volumes, with sellers having control over the price action. This aligns with the broader market sentiment, where uncertainty and caution dominate investor behavior.

At this stage, the price is locked in a relatively narrow range, and a breakout is necessary for any significant movement in either direction. If AVAX can break above $26.70 with strong volume, it could signal the start of a bullish phase. However, until that happens, investors should be cautious, as the market is showing signs of weakness.

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

In terms of support, the critical level to watch is $23.80. This level will act as a line in the sand for any potential downside. If AVAX closes below this support level, it could trigger a further decline, possibly leading the price to test its previous low points, reaching as far down as the last wick.

What’s Next for AVAX?

The key takeaway for investors is to wait for a breakout or a breakdown. In this market, AVAX won’t make significant moves without one of these events. If the price breaks $26.70 and closes with strong volume, it will likely signal a new upward trend. On the flip side, if the price falls below $23.80, it could mean further downside risk for AVAX, potentially reaching the lowest levels in recent weeks.

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 Critical Moment for AVAX Rise: Will the Bull Trend Begin? appeared first on Coin Engineer.