Crypto:
34187
Bitcoin:
$86.629
% 1.58
BTC Dominance:
%60.5
% 0.12
Market Cap:
$2.83 T
% 1.36
Fear & Greed:
47 / 100
Bitcoin:
$ 86.629
BTC Dominance:
% 60.5
Market Cap:
$2.83 T

Is the Rise Over in Bitcoin and Ethereum? General Market Analysis

Bitcoin

The uncertainty in the cryptocurrency market continues as volatility persists over the past few days. Investors are closely monitoring price movements, with Bitcoin (BTC) falling 0.27% to $86,736 and Ethereum (ETH) rising 0.28% to $2,015.

Macroeconomic developments, the Federal Reserve’s interest rate policies, and global market uncertainties continue to cause fluctuations in the crypto space. Bitcoin is currently holding above the $86,600 support level, which is considered critical. If this level is lost, Bitcoin may decline further toward lower trend support levels.


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On the other hand, if bullish momentum emerges, the first major resistance level to watch is $90,945. A breakout above this level could lead Bitcoin toward $95,632, signaling further upward momentum. However, given the current market conditions, caution is advised.

Bitcoin
Btc/Usd 4-Hour Chart.

Ethereum Facing a Critical Test!

Despite Bitcoin’s downtrend, Ethereum (ETH) has shown slight recovery with a 0.28% increase, reaching $2,015. However, ETH faced rejection at the $2,108 resistance level and retraced to the $2,037 – $1,927 support zone.

At the moment, there is no clear bullish reaction from this area. If ETH manages to bounce from this level, the first target would be $2,108 again. However, if the $2,037 level is breached, selling pressure may intensify, pushing ETH toward $1,927.

Bitcoin
Eth/Usdt 4-Hour Chart.

The market remains uncertain overall, with BNB, XRP, SOL, ADA, and other major altcoins also trading near key support and resistance levels.


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