๐ด BITCOIN AND ETHEREUM UNDER PRESSURE: WILL THE DECLINE CONTINUE?
The crypto market maintains a bearish structure. Bitcoin and Ethereum continue to show weakness on the 4-hour timeframe.
๐ BITCOIN (BTC)
* Reference price: $74,000 USD.
* Support: $73,600 โ $73,800.
* Resistance: $75,400 โ $76,000.
* 4H trend: BEARISH.
If it loses support, selling pressure could increase. To consider a recovery, BTC needs to reclaim resistance and confirm with candle closes.
๐ ETHEREUM (ETH)
* Reference price: $2,052 USD.
* Immediate resistance: $2,069 โ $2,077.
* 4H structure: BEARISH.
* Losing support keeps the risk of further declines in play.
๐ MY MARKET OUTLOOK
For now, sellers remain in control. However, significant bearish moves can also be followed by technical rebounds.
Letโs not mistake a rebound for a trend reversal. Confirmation must come from price, volume, and 4-hour closes.
๐ COMMUNITY POLL
What scenario do you expect over the next 24 hours?
๐ด Bearish: the decline will continue.
๐ข Bullish: weโll see a recovery.
๐ก Sideways: the market will look to consolidate.
Which scenario are you trading?
#bitcoin #Ethereum #BTC #ETH #Crypto
The crypto market maintains a bearish structure. Bitcoin and Ethereum continue to show weakness on the 4-hour timeframe.
๐ BITCOIN (BTC)
* Reference price: $74,000 USD.
* Support: $73,600 โ $73,800.
* Resistance: $75,400 โ $76,000.
* 4H trend: BEARISH.
If it loses support, selling pressure could increase. To consider a recovery, BTC needs to reclaim resistance and confirm with candle closes.
๐ ETHEREUM (ETH)
* Reference price: $2,052 USD.
* Immediate resistance: $2,069 โ $2,077.
* 4H structure: BEARISH.
* Losing support keeps the risk of further declines in play.
๐ MY MARKET OUTLOOK
For now, sellers remain in control. However, significant bearish moves can also be followed by technical rebounds.
Letโs not mistake a rebound for a trend reversal. Confirmation must come from price, volume, and 4-hour closes.
๐ COMMUNITY POLL
What scenario do you expect over the next 24 hours?
๐ด Bearish: the decline will continue.
๐ข Bullish: weโll see a recovery.
๐ก Sideways: the market will look to consolidate.
Which scenario are you trading?
#bitcoin #Ethereum #BTC #ETH #Crypto
