Bitcoin Holds $62K as Traders Watch $65.5K Breakout
Technical levels, rather than the bounce alone, are setting BTC's next directional signal: $65,500 is resistance and $61,900 is support.
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Technical levels, rather than the bounce alone, are setting BTC's next directional signal: $65,500 is resistance and $61,900 is support.
BTC is weakening despite a soft DXY, leaving the $62.8K PDL in focus after the $63K long trigger did not arrive.
The chart shrugged off Eric Trump's pump call within an hour, leaving ETH camped in a $1,710 to $1,845 range with thin volume and no breakout force.
The token is stuck in a tight range with buyers defending $1.00 to $1.05, while chartists point to a falling wedge structure that, if confirmed, opens targets as high as $3.65.
Volume doubled to 128.7M XRP on the breakdown — the pullback preserves last week's breakout from $1.11–$1.15, but reclaiming $1.20 is now the line separating a correction from a deeper reversal.
The 3.3% drop flipped $1.22–$1.23 from breakout zone into resistance, but XRP is still holding above the $1.20 pivot that separates a healthy pullback from a deeper reversal.
Five years of price action erased: ETH is roughly 60% off its 2025 peak near $4,950 and stuck in a multi-month range, with a $2,405 breakout — or a $1,755 break — the levels traders are watching.