Weekly Analysis of $BTC & $ETH - GNCrypto Analytis

Last week, BTC attempted to break a new all-time high but fell short, retreating from the $73,000 level. Currently, BTC is trading between the support zone of $67,200–$68,200 and resistance at $71,000–$72,200. A renewed rally seems likely, with potential to retest the all-time high zone. However, with the U.S. elections approaching, a “sell the news” scenario could spark volatility, causing a shakeout. A dip into the $63,000–$64,300 buyer zone could present an attractive buying opportunity for BTC.

ETH, meanwhile, is showing less strength than Bitcoin. ETH is fluctuating between support at $2,410–$2,460 and resistance at $2,560–$2,640. A breakout will likely follow Bitcoin’s direction. If BTC maintains its uptrend, ETH could rally toward $2,722. Conversely, a drop below $2,400 may indicate a shift to a short-term downtrend.