Technical Indicators
Bitcoin has encountered strong rejection near the $72,000 resistance level, maintaining its position within a broader trading range and signaling weakened short-term momentum. The loss of key support levels, including the Point of Control, heightens the chances of a decline toward the $60,000 range low. Traders are monitoring whether the range support will hold amid bearish technical indicators.
Reported by AI
Ethereum's price has stalled below $2,000, trading at $1,980 after erasing recent gains. Technical indicators point to a potential decline to $1,500 before any recovery to $2,500. Waning demand in futures and ETF outflows are key factors driving this outlook.
October 27, 2025 13:02