Bitcoin and Ethereum Explode Toward Critical Resistance—Traders Brace for Breakout

Crypto markets roar back as giants lead the charge.

The Momentum Builds

Bitcoin and Ethereum aren't just climbing—they're bulldozing through resistance levels. Traders watch key zones like hawks, sensing a potential paradigm shift. No fluff, no maybes—just pure price action drama.

Market Psychology at Play

FOMO kicks in. Shorts sweat. Everyone’s suddenly a technical analyst again. The charts don’t lie, but they do tease—will this rally hold or fold like a cheap suit in a Wall Street boardroom?

What’s Next?

Keep eyes glued to those resistance marks. Break through, and we’re off to the races. Reject there, and well… another day, another dollar lost to volatility. Classic crypto—making gamblers feel like geniuses until it doesn’t.

Bitcoin faces rejection near resistance

Bitcoin spiked toward $117,000 before being rejected at a crucial resistance level, according to trader Michaël van de Poppe. He noted that BTC needs to establish a higher low between $114,000 and $114,500 to regain momentum and re-enter its bullish range.

The chart highlights how liquidity was absorbed near previous tops, with a quick return back into the resistance zone. Should Bitcoin fail to hold above the identified support, the next key level sits around $111,900, which could present a strong entry point if history repeats.
Van de Poppe stressed that reclaiming the mid-range would confirm market strength and set the stage for another push toward new highs.

Ethereum rally fuels altcoin momentum

Ethereum’s surge above $4,700 signaled what Van de Poppe described as a “tear on altcoins.” ETH has been leading the Layer 1 sector, attracting capital rotation from bitcoin dominance into alternative assets.

Despite the strong move, the trader does not expect ethereum to climb in a straight line. He identified two potential correction zones—around $4,500 and $4,300—that could act as bounce areas before another leg higher.

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Market outlook

Bitcoin remains the market anchor, but Ethereum’s momentum is lifting altcoins broadly. If BTC consolidates above $114K and ETH sustains levels NEAR $4,500, analysts expect a strong continuation across the sector.

The coming week will be critical in confirming whether the crypto market is ready for another leg higher or due for a correction.

Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.

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