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Ethereum price today trades near $1,954, trading flat in the past 4 hours as the token consolidates inside a tightening symmetrical triangle pattern. The move comes as Bitwise senior research associate Max Shannon warns ETH could crash 22% to $1,500, while analysts dispute claims that 50% of supply is staked.

Bitcoin continues to struggle under mounting technical pressure as price action remains trapped below key resistance levels. Although buyers defended the $60,000 region and sparked a short-term rebound, the broader structure still favors sellers. Market data shows weakening derivatives activity and inconsistent spot demand.

Bitcoin price today trades near $68,343, down 0.65% in the past 24 hours after failing to establish support above $70,000 over the weekend. The move comes as Coinbase CEO Brian Armstrong revealed retail users are accumulating during the correction, while January CPI data showed inflation cooling to 2.4%, the lowest level in months.

Bitcoin hovered around the $66,000 level on Friday, positioning the world’s largest cryptocurrency for a potential fourth consecutive weekly loss as broader financial markets remained under pressure. The total cryptocurrency market capitalization slipped about 1.67% over the past 24 hours to roughly $2.26 trillion.

Arthur Hayes pointed to institutional dealer hedge strategies for the ongoing Bitcoin (BTC) price selloff. As Bitcoin price dropped below its crucial bull support bands, Hayes noted that institutional dealers were forced to sell Bitcoin to hedge against their positions in structured products such as BlackRock’s iShares Bitcoin Trust ETF (IBIT).

Bitcoin price today trades near $68,582 after consolidating above the $67,000 support zone following last week’s crash to $60,000. The current drawdown of 54% from October’s all-time high has Bitwise CIO Matt Hougan drawing parallels to the 2018 and 2022 bear market bottoms, suggesting much of the bad news may already be priced in.

Bitcoin traded near $76,000 at press time, down 16% over the past 7 days. The price briefly dipped to trade near $73,000 before stabilizing, and has a trading volume of $68B, an increase of more than 18% over the past 24-hours.

Bitcoin price today trades near $89,463 as the market consolidates within a narrowing range. Prediction markets reflect elevated downside expectations, but derivatives data shows shorts getting squeezed, creating a potential setup for a counter-trend move.

Bitcoin faces technical deterioration that could lead to a decline below $75,000, according to analyst Przemyslaw K. Radomski. The analyst has been shorting Bitcoin since it traded around $104,000 and warns the asset is in “deep, technical trouble.”

Bitcoin is entering one of its most important moments in years as analysts warn that November through December could determine whether the crypto market continues its bull run or slips into a long bear phase.

Ethereum’s latest price drop has coincided with a surge in activity from several large wallets, creating a major divergence between market sentiment and high-value trading behavior. At the time of writing, ETH was extending its downturn, falling to after a 9.59% decline over the past 24 hours. Blockchain data showed that multiple whales continued to accumulate or reposition, despite elevated liquidation risk.

Gold’s run stalled this week, but Peter Schiff said the move was a clean reset inside a strong uptrend, not the start of a reversal. He pointed to support forming near $4,000 and said fast drops like this flush leveraged late buyers so the trend can keep climbing.

The cryptocurrency market is going through significant pullback this October. After rallying early in the month, the total crypto market cap slid roughly 14% from its peak, according to from TradingView, reflecting a sharp reversal in sentiment.

The US Dollar Index (DXY) has fallen significantly this year, down about 10 points. This marks its sharpest six-month drop since 1991, which is often good news for Bitcoin and other cryptocurrencies since digital assets usually serve as a hedge against dollar depreciation.

The crypto market surged significantly last week as Bitcoin achieved a new all-time high while most top altcoins returned massive gains. However, upcoming economic due in the US by early next week could affect the market conditions. Most analysts expect increased volatility in the crypto market to follow the outcome of US economic reports.

Fartcoin (FARTCOIN), a Solana-based meme coin with strong roots in internet humor, has officially made its debut on the Binance.US exchange. The listing, however, was met with significant volatility and selling pressure, as the token’s price dropped over 10% in its first day of trading.