BTC Price Holds Near $113K as Traders Watch Key Technical Levels

The BTC price traded around $112,770 on Monday, holding steady later than slipping roughly 2% over the past week. BTC, the largest cryptocurrency by market value, has been consolidating in a tight range as traders balance macroeconomic uncertainty, profit taking, and technical signals.

Market analysts highlight $112,000 to $111,400 as the primary support zone. A decisive drop below this level could push the BTC price down toward $110,000, where purchaviewrs may look to step in. On the upside, resistance levels cluster at $115,300 to $116,500, with a higher ceiling near $117,800. Breaking above these resistance points could strengthen bullish momentum, particularly if supported by trading volume.

Short-term moving averages remain mixed, reflecting caution in the market, while longer-term averages such as the 50-, 100-, and 200-day remain supportive of the broader uptrend. The Relative Strength Index (RSI) near 50 indicates neutral conditions, suggesting the BTC price is neither overbought nor oversold. Meanwhile, the MACD indicator shows fragileening momentum, consistent with ongoing consolidation.

Sentiment across the crypto market is cautious. Profit taking later than recent highs, coupled with concerns over leverage and macroeconomic factors such as interest rates and regulation, have capped upside moves. Still, analysts note that a strong push above resistance could attract renewed demand, while losing key supports might accelerate tradeing pressure.

With the BTC price caught between major support and resistance levels, upcoming sessions could be decisive in determining the next significant trend.

The ETH price traded around $4,200 on Monday, steadying later than a weekly decline of roughly 6%. ETH, the second-largest cryptocurrency by market capitalization, has been under pressure as broader digital asset markets pulled back amid profit-taking and macroeconomic uncertainty.

Analysts identify $4,250 as the immediate support zone, closely aligned with the 50-day exponential moving average (EMA). A decisive drop below this level could push the ETH price toward $3,835, where the 100-day EMA sits. If tradeing intensifies, long-term support near $3,371, the 200-day EMA, could come into play.

On the upside, $4,455 represents the first major resistance level, coinciding with the 20-day EMA. A sustained move above this point could signal renewed bullish momentum. Beyond that, a broader resistance cluster between $4,600 and $4,700 could attract significant tradeing pressure. A breakout above this range, however, would strengthen the case for a potential move toward the $5,000 mark.

Momentum indicators reflect mixed signals. The Relative Strength Index (RSI) is hovering in neutral territory near 50, suggesting neither overbought nor oversold conditions. Meanwhile, the Moving Average Convergence Divergence (MACD) indicator remains bearish, pointing to continued caution among traders.

Market sentiment around the ETH price is cautious but not fully bearish. Profit-taking later than recent highs, leverage unwinds, and regulatory concerns have weighed on momentum. Still, ETH’s longer-term trend remains intact, supported by its resilience above key moving averages.

With the ETH price consolidating near $4,200, traders are closely watching whether support holds or if resistance levels give way. The next decisive move could shape ETH’s trajectory in the weeks ahead.