Bitcoin Faces Volatility; Ethereum Eyes $4,200 Resistance Zone

Bitcoin's recent market activity has induced volatility, with Ethereum showing signs of recovery. BTC is struggling to stabilize after clearing key liquidity levels, while ETH aims to reclaim crucial resistance, potentially setting the stage for a significant market move.

Market Weakness After Liquidity Sweep

Can Özsüer notes Bitcoin's hourly chart shows weak bullish momentum, particularly after clearing the $116,000 liquidity zone, affecting broader market sentiment.
Özsüer suggests caution in taking long positions until a clearer reversal pattern emerges, highlighting the $111,000 level as potential support.
If $111,000 fails, BTC could decline towards $109,000 trendline support.
Traders should focus on “box number 1” for strategic entry points and risk management.
Align trading plans around optimal price levels while protecting positions above defined support structures.

Bitcoin

Ethereum's Critical Resistance Battle

Crypto analyst Ted Pillows indicates Ethereum is battling to reclaim the $4,200 resistance zone.
If ETH holds this level, expect continued bullish momentum and higher price targets.
Failure to secure $4,200 may lead to a retest of the $4,000 level, serving as a defense line against further decline.

Ethereum