"The market is showing strong recovery signs as BTC builds a solid base for its next major move. Meanwhile, the growing ecosystem activity in AVAX is making it a standout performer in the altcoin space. đ„
âHere is todayâs quick technical breakdown:
âđ Bitcoin ($BTC) - The Kingâs Path
âBitcoin is currently consolidating within the $66,800 - $68,000 zone.
âSupport: $65,700 and $60,000 (Major structural support).
âResistance: $72,000. A daily close above this level could trigger a massive bull run.
âShort-term Target: $75,000 - $78,000.
âđș Avalanche ($AVAX) - The Speedster
âAVAX is defending its cycle lows effectively and looks ready for a strong rebound.
âSupport: $8.75. As long as this level holds, the setup remains bullish.
âResistance: $10 (Major psychological hurdle).
âShort-term Target: $15.50 - $20.
âStrategy:
For long-term holders, this could be a prime re-accumulation phase. $BTCbreakout above $72k will be the 'Green Signal' the entire market is waiting for.
âWhatâs your move? Buying the $BTCdip or playing the $AVAX breakout? Let me know in the comments! đ"
â#BinanceSquare #AVAX #BTCUpdate #CryptoAnalysis #altcoinseason $BTC $AVAX
