Bitcoin and Ethereum have been consolidating in recent days: BTC is attempting to hold above $100,000, while ETH is attempting to return to the mid-$3,000+ range. Traders are assessing whether the market can transition from a fragile balance to a full-fledged recovery, or whether this is merely a pause before a new downward spiral.
Analysts see key resistance levels for Bitcoin in the $103,000–$105,000 range, and for Ethereum, around a strong “supply wall” around $3,700. A breakout of these levels with volume could confirm a resumption of the upward movement.
For now, market sentiment remains mixed: some investors are cautiously increasing their positions, while others are taking advantage of rebounds to lock in profits. All eyes are on macro news and possible signals from the Fed, which could set the tone for the market for the rest of the year.