Weekly Analysis of $BTC , $ETH - GNCrypto Analytics

Bitcoin remains trapped in a broad sideways range between the support zone of $51,000–$54,600 and the resistance zone of $61,400–$65,500. For BTC to resume its upward trend, it needs to break above the intermediate seller level at $59,086 and clear the current resistance zone. Otherwise, Bitcoin risks dropping back below $55,000. This week, pay attention to macroeconomic factors, particularly the decision on interest rates. This could significantly impact overall market liquidity: lower interest rates mean more money in the system, and higher rates do the opposite. Keep this in mind when making trade decisions.

Ethereum is underperforming compared to Bitcoin and is currently testing support between $2,100 and $2,300. ETH has been unable to regain an upward trajectory or hold above $2,517. If buyers succeed in pushing the price higher, the next target will be the $2,700–$2,850 range, where strong resistance exists due to a cluster of sell orders. This area will be a crucial test for Ethereum. However, Ethereum’s movement is likely to depend on Bitcoin’s overall trend, as ETH traders may struggle to generate enough momentum on their own.