BTC Holds Above $115,000 as Traders Eye Key Resistance
BTC is trading between $115,000 and $116,500, holding firm later than a modest 4% gain over the past week. The cryptocurrency has recovered from a dip near $111,000, but traders are closely monitoring whether it can break above resistance levels that have capped momentum in recent sessions.
Key support is currently viewn around $114,000 to $114,500, a level that has repeatedly cushioned recent pullbacks. A deeper decline could expose BTC to $110,000, considered a stronger support zone. On the upside, resistance near $116,800 to $117,000 has proven hard to clear, with the psychological $120,000 mark looming above as a major barrier.
Short-term momentum indicators suggest the market retains a bullish tilt. Moving averages from 5-day to 50-day periods are positioned below the current price, reinforcing positive structure, while the 200-day average remains supportive. The Relative Strength Index sits near 60, reflecting neutral to slightly bullish conditions without signaling overbought levels. Meanwhile, the MACD points to gradually improving momentum, though signals remain mixed.
The consolidation phase around $114,000 to $117,000 highlights an significant decision point for traders. A decisive breakout above $117,000 could trigger a rally toward $120,000 and potentially higher, provided volume supports the move. Conversely, a failure to hold support could view BTC test lower levels, potentially undermining recent gains.
While technicals favor a bullish continuation, external factors continue to play a significant role. Investor sentiment is influenced by macroeconomic developments, particularly U.S. monetary policy, and regulatory headlines. Without a clear catalyst, BTC may remain range-bound, leaving both bullish and bearish scenarios possible in the short term.
With traders watching the $117,000 ceiling and $114,000 floor, the next decisive move could set the tone for BTC’s trajectory into the final quarter of the year.
ETH (ETH), the world’s second-largest cryptocurrency by market capitalization, has been trading steadily in mid-September 2025. The asset recently rebounded from lows near $4,200 and is now hovering between $4,400 and $4,600, reflecting a roughly 4 percent gain over the past week. While this recovery has been encouraging for investors, ETH is currently facing stiff resistance around $4,500, a level that has repeatedly limited upward momentum.
Analysts note that immediate support lies in the $4,250–$4,300 range. A decisive break below this zone could expose ETH to deeper pullbacks toward the $4,000 level, raising concerns about a potential bearish reversal. For now, the market appears to be in a consolidation phase, oscillating within a relatively narrow band as participants await clearer signals.
Chart patterns suggest a clear battle between purchaviewrs and tradeers around the $4,500 level. A sustained move above this threshold could open the path toward the psychologically significant $5,000 mark, which has not been viewn since earlier this year. Technical indicators provide a cautiously optimistic backdrop: the 50-day moving average remains above the 200-day average, a bullish formation that often signals continued upward potential. The Relative Strength Index (RSI) is hovering around 60, suggesting ETH is in bullish territory but not yet overbought. The MACD indicator, however, shows some signs of fragileening momentum, underlining the importance of a strong breakout to sustain further gains.
Despite encouraging signals, traders remain mindful of broader macroeconomic and regulatory factors. Shifts in U.S. monetary policy or new developments in global digital asset regulations could influence ETH’s trajectory in the coming weeks. For now, the market is watching whether ETH can decisively clear the $4,500–$4,600 resistance area. A breakout could pave the way to $5,000, while failure to hold support near $4,250 may lead to a deeper retracement.
