$BTC

1. BTC/USDT (Bitcoin–Tether, crypto-to-USD)

📌 Current Price Levels

Trading range today: ~$105K–$106K; current near $105.4K .

Recently rebounded to ~$104K from lows—classic breakdown-and-retest setup .

🔍 Key Technical Levels

Support:

S1: $100,000 (psychological + technical)

S2: ~$95,500 (head-and-shoulders target)

Resistance:

R1: $107,000 (above which bullish case strengthens)

R2: $109,600–$110,000 (next barrier and ATH proximity)

🕰 Chart Patterns & Indicators

Rising wedge / head-and-shoulders recently broke down; in retest mode .

50-day SMA hit all-time high—bullish—but narrowing price gap suggests potential pullback (~10%) .

Volume: mixed—bounce lacked strong volume .

⚡ Chart Outlook

Bearish if BTC falls back below $100K → opens room to $92K–$95K .

Bullish if price breaks above $107K with volume → can aim for $110K, $112K, and beyond to $120K+ .

Short-term: likely trading choppy in $100K–$107K band.

2. ETH/BTC (Ethereum vs. Bitcoin)

📌 Current Ratio & Behavior

ETH/BTC hovering around 0.0235–0.0246 .

Strong positive correlation (~0.87–0.89) lately .

🔧 Technical Insight

ETH/BTC trend neutral; technical analysis inconclusive across multiple timeframes .

Ratio lack directional conviction—often consolidating in short-term ranges.

⚖️ Trade Strategy

Hedging or rotation tool: If Bitcoin shows weakness and Ethereum outperforms, ratio can temporarily rise.

Bias Strategy: Historically, traders rotate into BTC early in the week, then into ETH over the weekend .

Watch for divergence: If ETH decouples (ratio rising) while BTC consolidates or dips, crypto market sentiment may be shifting.

🔍 Summary Table

Pair Scenario Entry / Exit Points Strategy

BTC/USDT Bullish Buy above $107K, aim for $110–$112K / Tight SL $105–$106K For breakout traders; confirm with strong volume

Bearish Short below $100K, target $95.5K/$92K For breakdown traders; use stops above $102K to manage risks

ETH/BTC Neutral Monitor ratio 0.0235–0.0246 Wait for breakout above 0.0250.