๐จ Analyst Alert: $BTC
and $ETH
Could Fall Below $100K and $4K โ Hereโs What the Charts Reveal
Bitcoin lost steam after reaching $112.5K and is now hovering around $110.7K. On the 1-hour chart, the price is slipping below short-term EMAs, with the 99 EMA at $110.5K acting as the last line of defense. If that level breaks, the next support zones are around $109K and then $107K โ where things could get really rough.
Ethereum is showing a similar pattern. After hitting resistance at $4.49K, it pulled back and is currently trading near $4.37K. The EMAs flipped bearish around $4.41K, signaling sellers have the upper hand. If $4.28K gives way, the next support is at $4.21K, and below that lies the key psychological level at $4K.
Analysts warn that BTC could dip under $100K and ETH below $4K โ and the charts are pointing in that direction. Itโs a critical moment: either bulls defend these supports now, or bears could push the market into a sharper decline.