BTC & ETH in the Dip – Accumulation Time or More Pain Ahead?
The crypto market is in correction mode this week:
$BTC tested $66k support and is hovering around $66,800–$69,000 after a quick bounce, while $ETH dipped below $2,000 (currently ~$1,950–$2,020). Many altcoins like $SOL are down 20–30%+, feeling the full bear pressure.
Key triggers?
Heavy ETF outflows (~$410M recently)
Options expiry today (~$3B notional for BTC/ETH) with max pain at $74k for BTC (could pin price lower short-term)
Upcoming US CPI data today – inflation surprise could shake risk assets hard
But there are bullish signals too:
Whale accumulation on $ETH (big addresses adding billions)
Historical rebounds after similar dips often lead to strong moves (remember post-correction rallies in 2025)
Staking inflows and DeFi activity keeping $ETH resilient
I'm personally bullish medium-term: If
$BTC holds $65k–$66k, we could see a push toward $80k+. $ETH has upside to $2,500+ if it reclaims $2,100 resistance. This dip feels like accumulation for the next leg up.
What about you? Buying the dip, waiting for lower, or already in? Drop your thoughts below! 🚀
#crypto #bitcoin
#Ethereum✅ #BTC #solana #ARB $BTC