💥 Bitcoin’s Crucial Range vs. Ethereum’s Strength: Bitcoin is hovering near $63,000 amid low-liquidity weekend moves. Remaining below $65,700 keeps the downside risk toward $60,000 to $58,000 active for now. Crucially, the $62,000 support held firm throughout July. If it holds again, $BTC could target $65,700, eventually pushing toward major resistance at $68,000. Meanwhile, Ethereum displays superior relative strength while defending the $1,850 zone. However, losing this key level could trigger a quick 6% to 8% correction in $ETH. With Bitcoin sitting in a tricky mid-range no-trade zone, Do exercise caution. All eyes are on Monday’s US market open for clearer macro direction.
Chenna Kesavan | Web3Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.
