๐ช Bitcoin (BTC): BTC is trending lower, trading below key resistance levels near ~$65,000โ$66,000 and showing bearish pressure amid broader market weakness. The Economic Times +1 Analysts point to macro uncertainty and market sell-offs driving short-term declines. Coinpedia Fintech News ๐ Ethereum (ETH): ETH is also weaker on the day and recently dipped as part of a broader market downturn. The Economic Times Technical indicators show ETHโs downtrend strengthening, with resistance around ~$1,900โ$2,000 needing to break for bullish turnaround. AInvest ๐ Market Sentiment & Drivers Crypto market stress persists, with fear sentiment high and overall cap around ~$2.29 trillion, keeping pressure on both BTC and ETH. Coin Gabbar Large liquidations and sell pressure from miners/exchanges have weighed on prices. Coinpedia Fintech News ๐ Quick Summary BTC: Still below recent highs; short-term bearish/neutral. ETH: Trending down with resistance above; similar bearish sentiment. Overall: Market remains in a weak phase, sensitive to macro news and liquidation flows.
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๐ Market Trend (Today & Recent)
๐ช Bitcoin (BTC):
BTC is trending lower, trading below key resistance levels near ~$65,000โ$66,000 and showing bearish pressure amid broader market weakness.
The Economic Times +1
Analysts point to macro uncertainty and market sell-offs driving short-term declines.
Coinpedia Fintech News
๐ Ethereum (ETH):
ETH is also weaker on the day and recently dipped as part of a broader market downturn.
The Economic Times
Technical indicators show ETHโs downtrend strengthening, with resistance around ~$1,900โ$2,000 needing to break for bullish turnaround.
AInvest
๐ Market Sentiment & Drivers
Crypto market stress persists, with fear sentiment high and overall cap around ~$2.29 trillion, keeping pressure on both BTC and ETH.
Coin Gabbar
Large liquidations and sell pressure from miners/exchanges have weighed on prices.
Coinpedia Fintech News
๐ Quick Summary
BTC: Still below recent highs; short-term bearish/neutral.
ETH: Trending down with resistance above; similar bearish sentiment.
Overall: Market remains in a weak phase, sensitive to macro news and liquidation flows.