Bitcoin ($BTC ) is Closer to $70K Than Ever
Bitcoin has been showing strong signs of recovery, breaking through multiple resistance levels.
Trading just below $65,000, BTC has made higher lows, signaling a potential breakout.
Key levels to watch:
$67,000: A break above could start a rally toward $70,000.
$62,000: Critical support where bulls are likely to intervene in case of a pullback.
Shiba Inu ($SHIB ) Eyes $0.00002
SHIB is currently trading at $0.000019, with bullish sentiment pushing it toward the $0.00002 psychological level.
Key resistance level: $0.000021. Breaking this could open the door for even more gains.
SHIB is benefiting from a favorable technical setup, with moving averages aligning and providing support.
Ethereum ($ETH ) Missing Its Comeback
Ethereum is struggling to regain momentum, facing rejection at critical resistance levels.
The 200-day moving average has acted as a significant barrier, and ETH has been unable to break above $2,700.
Lack of institutional inflows has kept ETH from following Bitcoinâs upward trend, and traders are becoming cautious.
Despite Ethereum's struggles, the crypto market remains bullish, with Bitcoin and Shiba Inu leading the charge. Keep an eye on these key levels as the market could see major moves in the coming days!
