The crypto market is facing a pullback, with Bitcoin$BTC (BTC) and Ethereum$ETH (ETH) leading the correction after weeks of strong gains. A pullback is a short-term price decline inside a larger uptrend, often triggered by profit-taking, leverage resets, or shifting macro conditions. For traders, it’s less of a crash and more of an opportunity — if managed wisely.
Bitcoin under pressure
Bitcoin has slipped more than 10% from its August highs, recently testing the $107k–$100k support zone. The $100k level also aligns with the 200-day moving average, making it a critical price floor. Holding this zone could confirm that the broader bullish structure remains intact.
Ethereum’s volatile dip
Ethereum has been more volatile, with pullbacks in the 6–8% range. Current support sits near $4.3k–$4.5k, a zone that coincides with the 50–100 day moving averages. A sustained bounce here would suggest ETH remains on track, while deeper losses could open the way to lower targets.
Why the pullback?
Profit-taking: After rapid gains, traders lock in profits.
Leverage unwind: High leverage on ETH and BTC amplifies moves when liquidations hit.
Whale activity: Large wallet transfers to exchanges often signal near-term selling pressure.
Macro uncertainty: Shifts in U.S. Fed policy and risk sentiment spill into crypto markets.
Trading strategies during a pullback
Avoid catching the exact bottom. Wait for clear signals like bullish reversals or volume spikes.
Use staggered entries. Scaling into positions at multiple support levels reduces risk.
Limit leverage. Pullbacks can quickly trigger liquidations; low leverage protects capital.
Watch exchange flows. Inflows often signal selling, while outflows may indicate accumulation.
Set stops with discipline. Protect downside risk and avoid emotional trades.
Bottom line
This correction looks like a healthy pullback within a larger uptrend for both Bitcoin and Ethereum. Key zones to watch are $107k–$100k for BTC and $4.3k–$4.5k for ETH. If these levels hold, the dip could present an attractive entry point for longer-term investors — but traders should stay cautious, manage risk, and follow the data closely.