Weekly Analysis of $BTC & $ETH - GNCrypto Analytics
Bitcoin (BTC) recently reached a historic milestone, touching $104,105, but a lack of sustained buyer momentum resulted in a pullback to the $90,200 support level. Currently, BTC trades within a narrow range between $93,600–$95,600 (demand) and $101,300–$103,400 (resistance). Despite the recent correction, the bullish trend remains intact, with the $100K psychological barrier acting as a pivotal point. A deeper retracement could retest $90,200 or lower, potentially resetting the market for another breakout attempt.
Ethereum (ETH) continues to shine during this altcoin-driven rally, hitting a local high of $4,090. With strong correlation to BTC, ETH consolidates between $3,690–$3,800 (buyer zone) and $3,990–$4,090 (seller zone). The elevated altcoin season index supports further growth, suggesting any dips could be strategic buying opportunities.
Both assets remain poised for further upside, but patience is key as the market seeks fresh momentum.