The cryptocurrency market is facing a highly volatile day with selling pressure. $BTC has broken below $74,000 and even tested the $70,000 zone, dragging the entire market down after losing the 200-day moving average.
Meanwhile, $ETH has fallen below the psychological $2,000 level, showing significant weakness that has led it to test support in the $1,850 region.
📊 Key levels to watch today:
· **$BTC**: Immediate support is at $72,000–$72,700. If it breaks, the next highly significant zone is between $63,000 and $66,000.
· **$ETH**: The $1,850 zone is key to avoiding a deeper drop toward $1,550.
💡 Market context:
Recent uncertainty in the tech sector (such as the situation with Nvidia) and U.S. inflation data have affected risk appetite. In addition, Bitcoin ETFs have recorded significant net outflows in recent sessions.
🤔 What strategy are you following?
· Are you buying at current support levels, looking for a rebound?
· Would you rather wait for confirmation of a bottom before entering?
· Or are you staying on the sidelines with stablecoins?
Tell me in the comments! 👇
#Cashtags to trade directly:
$BTC $ETH $SOL $BNB
#BinanceSquare #Crypto #Bitcoin #Ethereum #TechnicalAnalysis #Trading #GestiónDeRiesgo
Meanwhile, $ETH has fallen below the psychological $2,000 level, showing significant weakness that has led it to test support in the $1,850 region.
📊 Key levels to watch today:
· **$BTC**: Immediate support is at $72,000–$72,700. If it breaks, the next highly significant zone is between $63,000 and $66,000.
· **$ETH**: The $1,850 zone is key to avoiding a deeper drop toward $1,550.
💡 Market context:
Recent uncertainty in the tech sector (such as the situation with Nvidia) and U.S. inflation data have affected risk appetite. In addition, Bitcoin ETFs have recorded significant net outflows in recent sessions.
🤔 What strategy are you following?
· Are you buying at current support levels, looking for a rebound?
· Would you rather wait for confirmation of a bottom before entering?
· Or are you staying on the sidelines with stablecoins?
Tell me in the comments! 👇
#Cashtags to trade directly:
$BTC $ETH $SOL $BNB
#BinanceSquare #Crypto #Bitcoin #Ethereum #TechnicalAnalysis #Trading #GestiónDeRiesgo