Is BTC staying strong or is this just the calm before the storm?
In the last few hours, Bitcoin has held above $106,000 with a slight move of +0.1%, while Ethereum pulled back –0.4%. What’s really going on, and what can we expect in the next few days?
→ Simplified technical analysis
BTC/USD is holding a key support zone between $105,500 and $106,000, which also lines up with the 20-day moving average. The RSI is in neutral territory (55), with no clear signs of overbought or oversold. Ethereum still hasn’t broken through the $5,850 resistance, and the loss of momentum could point to a deeper correction.
→ What to watch in the next 48 hours
Volume: If it increases around the current level, we could see a bullish breakout.
Macro news: Any comments from the Fed or U.S. economic data could strongly impact prices.
Whales: Large transactions have been spotted this week, especially BTC accumulation by institutional wallets.
→ Quick takeaway
Bitcoin is showing some relative strength, but it’s not enough to confirm a clear trend. If you're trading, this might be a good time to wait for confirmation. The market is still moving sideways and remains sensitive to news.
What do you think? Is a rally coming or a drop? Read, comment, or save to follow up in the coming days.
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