Hello friends, welcome to #Hunter 1990!
In today’s post, we’ll talk about the latest updates on #Bitcoin (#BTC) and #Ethereum (#ETH).
Right now, we are near the weekly closing, due to which the overall market volume is low. Whenever the market volume is low, you’ll either see price fluctuations in a narrow zone or a downfall/correction.
So, if you missed the bottom near ($75,000), what is the next important zone for buying? We’ll discuss both short-term and long-term targets for #BTC and #ETH in detail.
Make sure you don’t skip the post so you can understand the market movement clearly.
---
Quick Request:
If you want to stay up-to-date with the crypto market, please follow me for the updates.
---
Market Overview:
Due to low volume, most coins and tokens are fluctuating in narrow zones. Until volume increases, you won’t see any strong bullish moves.
Such low-volume phases often result in market corrections, which also create opportunities for dip buying.
---
Current Prices (Approx):
Bitcoin (#BTC): $85,000 (0.1% up)
Ethereum (#ETH): $1,580 (0.22% up)
Other coins like BNB, SOL, Bitcoin Cash, DOT, APT, ICB, NEAR, and LITE have shown some recovery.
Whereas XRP, ADX, and TRX are witnessing slight corrections—not major ones that call for immediate buying.
---
#BTC Technical Levels (4-Hour Timeframe):
Support: $8300p – $84000
Resistance: $9000p – $92000
If #BTC breaks the resistance, good recovery can follow. If it breaks support, expect correction.
As of now, #BTC is respecting its support, and there's potential for short-term upside towards $85000– $90000
Also, 200 EMA is providing support, and a bullish crossover is forming in smaller EMAs, indicating possible recovery.
---
Entry Zones for #BTC:
Missed $75000? First entry near $84000
Second entry or DCA near $83000 – $82000 (major support)
Strong breakout target: $12,000 – $13,000
Long-term peak range: $150k – $200k
---
#ETH Analysis (Daily Timeframe):
Currently in downtrend, following lower-lows and lower-highs.
If price breaks above $2,100 – $2,200 and holds as support, then trend reversal may happen.
Else, we may see more correction towards $1,400 – $1,500, possibly even $1,200.
For now:
Fresh entry: Around $1,550
DCA zone: Wait for dips near $1,400 – $1,500
EMA indicators still show bearish momentum
---
Final Thoughts:
Both #BTC and #ETH are still in a bearish phase with chances of further correction, but don’t short the market right now.
If you're low on capital, hold your first entry long-term.
Bull market is delayed, not over. As long as #BTC stays above $8,4000 – $8,6000, there’s hope for recovery.
Hope this update helped! If you have any questions, drop them in the comments.
If you liked the post, please like & share with your friends.
See you in the next video!