🟣 Crypto Weekly Recap – March 31 to April 6, 2025
📆 Week Ending: April 6, 2025
📰 Theme of the Week: "Market Volatility and Regulatory Developments Shape Crypto Landscape"
🔥 Top Headlines This Week
✅ Bitcoin (BTC) experienced significant volatility, reaching a high of $83,677 before retracting to close the week at $81,071, marking a -2.2% change from the previous close.
✅ Ethereum (ETH) faced downward pressure, declining by -5.5% over the week to settle at $1,689.38.
✅ Binance Coin (BNB) dropped by -4.4%, ending the week at $567.23, reflecting broader market corrections.
✅ Dogecoin (DOGE) saw a notable decrease of -5.9%, closing at $0.158065, as memecoins faced selling pressure.
✅ Solana (SOL) declined by -4.9%, finishing the week at $112.20, amid network performance discussions.
💹 Market Performance Overview
BTC$81,071-2.2%🔻 Bearish
ETH$1,689.38-5.5%🔻 Bearish
BNB$567.23-4.4%🔻 Bearish
DOGE$0.158065-5.9%🔻 Bearish
SOL$112.20-4.9%🔻 Bearish
🔍 Technical Highlights
🟡 Bitcoin (BTC)
Status: Encountered resistance at $83,677, retracing to $81,071.
MACD: Bearish crossover observed.
RSI: Neutral at 56.2.
📌 BTC needs to reclaim $83K to signal bullish continuation; otherwise, a retest of $80K support is plausible.
🔵 Ethereum (ETH)
Status: Declined to $1,689.38, breaking key support levels.
MACD: Bearish momentum increasing.
RSI: Approaching oversold territory.
📌 ETH must hold above $1,650 to prevent further downside; resistance at $1,750.
📌 Key Levels to Watch Next Week
BTC: Resistance at $83K, Support at $80K.
ETH: Resistance at $1,750, Support at $1,650.
BNB: Resistance at $580, Support at $550.
DOGE: Resistance at $0.17, Support at $0.15.
SOL: Resistance at $115, Support at $110.
🧭 Bias: Cautiously Bearish
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