Crypto:
34077
Bitcoin:
$82.615
% 1.29
BTC Dominance:
%61.0
% 0.20
Market Cap:
$2.71 T
% 1.21
Fear & Greed:
45 / 100
Bitcoin:
$ 82.615
BTC Dominance:
% 61.0
Market Cap:
$2.71 T

Which Way Is The Market Heading? Bitcoin Dominance At Critical Resistance!

Bitcoin Falls

The cryptocurrency market remains on high alert as Bitcoin (BTC) and Ethereum (ETH) continue to trade at crucial support and resistance zones. Recent price action highlights significant levels that traders and investors are watching closely. Additionally, movements in Bitcoin Dominance (BTC.D) have added further pressure on the altcoin market.

Bitcoin Technical Outlook and Key Levels

Bitcoin (BTC) has recovered from its bullish Fair Value Gap (FVG) support zone following its latest correction. After finding demand at this level, the price rallied towards the bearish FVG zone that had formed during the recent decline. For now, Bitcoin seems to be facing rejection from this area.

If buyers manage to reclaim this resistance, the next target will be the $86,641 resistance level. A daily close above $86,641 could open the path toward the higher bearish FVG zone, which will act as the next resistance. On the downside, the current region offers strong support. However, if this support is broken, a deeper pullback toward the $77,000 level could be expected.

Bitcoin

Ethereum Under Pressure on the 4-Hour Chart

Ethereum (ETH) has lost the $2,037–$1,927 support zone on the 4-hour chart. Closing below this region does not suggest a positive short-term outlook. If bearish momentum persists, Ethereum could decline toward the $1,745 support level.


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On the other hand, if Ethereum recovers and reclaims the broken support, the next resistance stands at $2,108. A confirmed breakout above $2,108 may lead to a rapid move toward the $2,200–$2,300 price range.

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Ethereum

Bitcoin Dominance (BTC.D) Maintains Bullish Momentum

Bitcoin Dominance (BTC.D) has reclaimed the 61.50% resistance level after bouncing from its bullish FVG support zone. It is currently facing resistance at 62.26%, where it has shown signs of rejection in the short term.

If BTC Dominance breaks above 62.26%, there is potential for an extended rally toward the 64% level. However, should the 61.50% support fail, the previously reclaimed FVG support zone is likely to come back into play.

Bitcoin Dominansı

As Bitcoin and Ethereum trade at critical junctures, the next move is likely to determine market direction in the short term. Bitcoin Dominance remains a key indicator to watch, as further increases could continue to suppress altcoin performance. Traders are advised to monitor support and resistance zones carefully to react promptly to potential trend reversals.


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