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Bitcoin and Ethereum have been showing quite interesting movements with their recent rise. After breaking out of a several-week range, both assets have returned to levels not seen since February.
As of writing, Bitcoin has risen to the $77,000 range, and Ethereum has recovered to nearly $2,400. Especially Bitcoin has escaped a long consolidation phase between $64,000 and $72,000, and is testing an important resistance zone above $75,000.
From a technical perspective, both have RSI levels in the high 60s, indicating they are not overbought but buying pressure is solidly coming in. Capital inflow from Bitcoin to Ethereum can also be observed, giving the impression that overall market momentum has shifted.
What’s crucial now is whether Bitcoin can clearly break above $75,000–$76,000, as this will determine the next scenario. If Ethereum can stay above $2,400 steadily, a path toward $2,600 could open up. Conversely, if the current levels cannot be maintained, Bitcoin may retest support around $72,000, and Ethereum around $2,100–$2,200.
Looking at RSI levels, there still seems to be room for further upward movement, so if these resistance levels are broken, a broader bull run could resume. However, if a rejection occurs, the current range-bound market may continue, so careful observation is essential here.