Bitcoin ($BTC ) is currently consolidating near $88,000, oscillating within a well-defined range between $86,000 and $90,000 as it balances a weakening U.S. Dollar against stubbornly high Treasury yields. While institutional interest remains a long-term tailwind, short-term sentiment has turned slightly bearish due to significant options expiries totaling over $8 billion scheduled for tomorrow, which often "pins" the price near max pain levels like $90,000.
Ethereum ($ETH ) is facing relatively stronger downward pressure, trading around $2,925 and struggling to reclaim the psychological $3,000 threshold. Technical indicators suggest Ethereum has recently broken down from a symmetrical triangle pattern, raising the risk of a slide toward $2,770 if buyers don't step in soon. Despite this price lag compared to Bitcoin, the network's fundamentals remain robust, with institutional focus shifting toward its dominant role in tokenized assets and upcoming 2026 scaling upgrades. Overall, both assets are showing muted reactions to macro news, with traders increasingly turning to protective options and gold-backed assets like PAXG while they wait for a clearer trend to emerge.@Binance Square Official #BTC #GoldOnTheRise #WhoIsNextFedChair
