#BTC #ETH #AnalyseCrypto
BTC and ETH Market Outlook: What’s Next After the Latest Price Action?
Bitcoin (BTC) has recently shown strong momentum, trading above the $70,000 mark with increasing volume. This breakout could signal the next leg of the bull run — but caution is still needed.
• Current Price Zone: $70,000 – $72,000
• Key Resistance: $72,500
• Support Level: $68,000
• Indicators: RSI is in the overbought zone, suggesting a possible short-term pullback before another push.
Ethereum (ETH) is holding strong around $3,500, following BTC’s lead but showing slightly slower momentum. ETH 2.0 staking continues to grow, adding bullish fundamentals.
• Current Price Zone: $3,450 – $3,600
• Key Resistance: $3,650
• Support Level: $3,300
• MACD: Still in a bullish crossover, though momentum is flattening.
My View:
BTC breaking above $72k with strong volume would likely push it toward $80k. ETH might lag a bit but could follow if BTC remains strong. For now, it’s a time for patience and smart positioning.
Disclaimer:
This is not financial advice. Always do your own research (DYOR) before investing.