Bitcoin and Ethereum are both struggling to establish a convincing recovery, leaving their immediate support levels exposed.
$BTC | Bearish scenario
Reference: $74,200
Downside targets: $73,500 / $73,000
$ETH | Bearish scenario
Reference: $2,091
Downside targets: $2,080 / $2,050
Bitcoin has roughly 0.94% to fall before reaching its first target, while Ethereum is already close to $2,080.
That difference matters. ETH could test nearby support quickly, whereas BTC needs a more substantial move to reach $73,500.
Both scenarios depend on sellers maintaining pressure. A sustained recovery through nearby resistance would weaken the bearish outlook, although specific invalidation levels remain undefined.
I'm treating these as conditional downside scenarios rather than confirmed short entries.
$BTC | Bearish scenario
Reference: $74,200
Downside targets: $73,500 / $73,000
$ETH | Bearish scenario
Reference: $2,091
Downside targets: $2,080 / $2,050
Bitcoin has roughly 0.94% to fall before reaching its first target, while Ethereum is already close to $2,080.
That difference matters. ETH could test nearby support quickly, whereas BTC needs a more substantial move to reach $73,500.
Both scenarios depend on sellers maintaining pressure. A sustained recovery through nearby resistance would weaken the bearish outlook, although specific invalidation levels remain undefined.
I'm treating these as conditional downside scenarios rather than confirmed short entries.
