#MyFirstPostOnSquare #MyFirstPostOnSquare Bitcoin ($BTC) is currently trading in a consolidation phase after its recent impulsive move. Price action shows BTC respecting a key demand zone, suggesting buyers are still active despite short-term volatility. On the daily timeframe, the market structure remains bullish as long as BTC holds above its major support range. A successful retest and strong volume confirmation could open the door for another upside push toward the next resistance zone. However, rejection near resistance may trigger a healthy pullback before continuation. Momentum indicators are neutral to slightly bullish, indicating patience is required. Traders should wait for confirmation rather than chasing price.


From a strategy perspective, aggressive traders may look for long opportunities on lower-timeframe pullbacks with tight risk management, while conservative traders can wait for a confirmed breakout and close above resistance. A break below the key support level would invalidate the bullish setup and shift bias toward short-term bearish pressure.
Ethereum ($ETH) continues to show relative strength compared to BTC. ETH has been forming higher lows, indicating sustained buying interest. The price is currently hovering near an important technical level that has acted as both resistance and support in the past. A clean breakout above this level, accompanied by rising volume, could accelerate bullish momentum toward higher targets. On the downside, failure to hold the current structure may lead to a retracement toward the previous demand zone, which could act as a strong buy area.
In terms of risk management, ETH offers better intraday volatility but also higher risk during sharp market moves. Traders should avoid over-leveraging and focus on confirmation signals such as candle closes and volume expansion.
Conclusion:
Both BTC and ETH remain structurally bullish in the broader trend, but short-term uncertainty exists. The market is offering opportunities for disciplined traders who respect support and resistance levels. Patience, proper position sizing, and clear invalidation points are essential in current conditions. Always manage risk and adapt to market behavior rather than predictions.$ETH $BTC
BTC1.26%
ETH3.94%
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