Daily Crypto Movers

Story: Bitcoin and Ethereum Test Key Levels Into Weekend

By Dan Saada

1 / 11

Market Snapshot

2 / 11

Bitcoin Technical Picture. Bitcoin has spent the past several sessions consolidating beneath its 200-day moving average, a…

3 / 11

Ethereum Technical Picture. Ethereum continues to lag Bitcoin on a relative basis, with price action showing repeated…

4 / 11

What to Watch Over the Weekend. Volume contraction and any sudden moves in BTC dominance will likely dictate short-term direction.

5 / 11

Sydney's Take. Bitcoin holding above $62,000 after a 2.9% drop still leaves room for further downside if the…

6 / 11

Traders enter the weekend with Bitcoin and Ethereum both pulling back from recent ranges, leaving several technical markers worth monitoring closely.

7 / 11

Bitcoin trades at $62,558 after a 2.9% decline while Ethereum sits at $1,694 following a 3.07% drop. Total market capitalization stands at $2.

8 / 11

Bitcoin has spent the past several sessions consolidating beneath its 200-day moving average, a level that has historically acted as both support and resistance during trend…

9 / 11

More context: Macro Headwinds Pressure Crypto as Fed Uncertainty Lingers

10 / 11

Bitcoin holding above $62,000 after a 2.9% drop still leaves room for further downside if the 200-day moving average fails to act as support.

11 / 11

See also: Bitcoin, Dogecoin, XRP, and Shiba Inu Stall as Weak Volume Fails to Break Key Resistance

The Currency Analytics

Want the full story?