ETH is trading at a key support zone. If we get a strong bullish confirmation candle from this area, a short-term bounce of around 2% is possible. However, failure to show buying strength could lead to a breakdown below $1,800, opening downside toward the $1,778–$1,700 zone.
Decision point here, reaction from support will define the next move. $ETH
Bitcoin has rebounded from the recent swing low and is currently moving upward while filling nearby demand inefficiencies. The bounce is technically clean, but the broader 30M structure still reflects a corrective-to-bearish environment rather than a confirmed bullish shift.
Price is approaching the $69,000–$69,200 supply zone, which is a critical reaction area. A bearish rejection from this level could trigger a downside rotation, with pullback projections toward the $68,270–$67,700 zone. $BTC #bitcoinanalysis #btcusdt $BTC
Bitcoin is currently trading inside a well-defined parallel descending channel, respecting both upper and lower dynamic boundaries. $BTC
Key Levels: • Bullish Trigger: A strong body close above $67,634 (channel resistance) • Bearish Continuation: If price continues to respect the channel, downside pressure could extend toward $65,160
As long as $BTC trades inside the descending channel, bias remains corrective to bearish. A confirmed breakout above $67,634 would invalidate the immediate bearish structure and open room for bullish momentum expansion. Until then, channel respect = downside risk remains toward 65.1K zone.
Structure first. Confirmation second. Execution last.
Bitcoin has swept the prior supply zone from the last few weeks and printed a strong reversal from the $88,200–$87,850 support area. This zone is acting as a demand base, and price is showing signs of short-term recovery.
From current levels, a 2,500–3,000 point upside move is possible. The first key level to watch is $91,200. If BTC sustains above this level with a bullish candle close, momentum could extend further toward the $92,000 zone. Overall bias remains cautiously bullish as long as price holds above the highlighted support.
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