📊 Technical Market Update — BTC &
$ETH Rebound Structure
🟡
$BTC – 86,840
Price rejected the lows at 84,237 and is forming a short-term rebound structure.
Key Technical Signals: ✅ Slowing bearish momentum
✅ Wick rejections at support
✅ Short-term higher low attempt forming
Levels to watch: 🔻 Support: 84,000
🔺 Breakout zone: 88,500 → 90,000 (confirmation required)
A close above 90K would signal trend strength, not just a bounce.
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🔵
$ETH – 2,800
ETH reacted strongly from 2,733, showing correlation with BTC recovery.
Technical Signs: ✅ Buyers defending lower zone
✅ Reduced selling volume
✅ Short-term trend stabilizing
Levels to watch: 🔻 Support: 2,730
🔺 Breakout zone: 2,880 → 3,000
A reclaim of 3,000 shifts momentum upward.
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🧠 Technical Takeaway
This is a rebound phase, not yet a reversal.
Charts show improvement, but confirmation levels must break before trend changes.
Learn Smart. Trade Smarter.
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⚠️ Disclaimer
This post is for educational purposes only. Not financial advice. Always research before making investment decisions.
#BTCanalysis #ETHAnalysis #priceaction #CryptoCharts #supportandresistance