Bitcoin performed weakly over the weekend, failing to sustain its upward momentum. The price was still around $75,700 on Saturday, but as selling picked up on Sunday, BTC briefly fell to $73,708, its lowest level since August.
Bitcoin rebounded somewhat early Monday, returning to around $75,000, but the overall trend remains weak, and the market has yet to show clear signs of a reversal.
Key Bitcoin price levels:
Support: $73,700–$74,000. If this level is breached, the price could face further declines.
Resistance: $76,000. Only a move back above this level could improve short-term market sentiment.
Ethereum’s losses deepen, with $2,100 becoming key support
Ethereum has performed even more weakly than Bitcoin. ETH was still trading around $2,240 on Saturday, but came under significant selling pressure on Sunday, briefly falling about 5% to $2,223.
For now, $2,100–$2,120 is the key support zone to watch. If buyers can hold this level, ETH may still have a chance to rebound; a move back above $2,240 would indicate that selling pressure may be easing.
Bitcoin rebounded somewhat early Monday, returning to around $75,000, but the overall trend remains weak, and the market has yet to show clear signs of a reversal.
Key Bitcoin price levels:
Support: $73,700–$74,000. If this level is breached, the price could face further declines.
Resistance: $76,000. Only a move back above this level could improve short-term market sentiment.
Ethereum’s losses deepen, with $2,100 becoming key support
Ethereum has performed even more weakly than Bitcoin. ETH was still trading around $2,240 on Saturday, but came under significant selling pressure on Sunday, briefly falling about 5% to $2,223.
For now, $2,100–$2,120 is the key support zone to watch. If buyers can hold this level, ETH may still have a chance to rebound; a move back above $2,240 would indicate that selling pressure may be easing.