Daily Technical Analysis (1D) — BTC & ETH
Market pulse (macro + crypto)
Total crypto market cap: ~$3.0T, 24h volume: ~$81.7B
Dominance: BTC ~57.3%, ETH ~11.4%
Sentiment: Fear & Greed 25 (Fear)
Macro backdrop: DXY ~98.39 and US10Y ~4.151% (still a “risk-off friendly” combo when they stay firm)
Bitcoin (BTC) — 1D
Price area: ~$86k
Structure: short-term damage. On your 1D chart BTC is below key moving averages (MA7/MA25/MA99), so the trend bias remains bearish until reclaimed.
Key levels (from your chart)
Support: 85.1k → 84.8k (local low zone). If it breaks, next major reference is the prior swing area ~80.6k.
Resistance: 86.5k–88.5k (MA cluster / rebound zone), then ~90.0k–90.1k (psych + MA99).
What would improve the picture
A daily close back above ~88.5k and then a reclaim/hold of ~90k would signal that the dip was absorbed and opens room for a deeper mean-reversion bounce.
Bear case trigger
A clean daily breakdown below ~85k increases odds of a move toward low 80s (liquidity/swing support).
Ethereum (ETH) — 1D
Price area: ~$2.8k–$2.9k
Structure: ETH is showing relative weakness on your 1D chart: strong sell candle + price pushed below MA25/MA99, meaning ETH needs more work to repair structure than BTC.
Key levels (from your chart)
Support: ~2,892 (local low). If lost, next big support sits around ~2,620 (major swing low zone).
Resistance: ~3,000–3,080 (round number + MA25 area), then ~3,120–3,150 (MA/previous supply).
What would improve the picture
Daily closes back above ~3.08k, followed by reclaim of ~3.12–3.15k, would be the first “trend repair” signal.
Bear case trigger
Losing ~2,892 on a daily close keeps downside pressure and makes ~2,620 the next magnet.
Today’s playbook
In Fear conditions, expect violent bounces + fakeouts. The cleanest confirmations are daily closes, not intraday wicks.
Watch BTC 85k and ETH 2.89k: they’re the “line in the sand” for bulls.
If any bounce happens, the first real test is the MA cluster resistance (BTC ~88–90k; ETH ~3.08–3.15k).
*DYOR.
