$ETH $ETHFI $BTC Like BTC, Ethereum is currently lacking strong directional volume and is trapped under major overhead moving averages. Key Resistance: $1,920 – $1,960. ETH is struggling to break past the 100-day EMA cap. Bulls need a daily close above $1,960 to shift the momentum to bullish. Key Support: $1,865 (50-day EMA). A drop below this risks testing deeper demand zones around $1,800 and potentially $1,700. Long Liquidation Drag: Recent spot long liquidations have dampened immediate buying power, keeping RSI balanced around neutral (50-51).
Neutral-to-Bearish with high short-term volatility.
$BTC Why It Dropped: A wave of long liquidations, high leverage wipes, and ETF/macro risk-off pressure. Today: Expect sideways grinding and volatility between $63,000–$64,500. Shorts may get squeezed on relief bounces. Next Week: Range-bound ($60,000–$66,000). A daily close over $65,000 signals recovery; losing $62,000 targets $60k support. Spot over high leverage!