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Today’s crypto market seems to be generally heavy. Bitcoin has dropped to $77,600 USD, and Ether has fallen below $2,300 USD. This is a clear sign that the market is broadly adjusting downward. Most major coins are all in the red.
What’s interesting is that Bitcoin has attempted to break through the $70,000 USD level several times, but it seems that the resistance there is very strong. Looking at the RSI chart, it’s around 46, which is below the midpoint. This indicates that buying momentum is not strong enough. Continued selling could push it down to $65,000 USD.
Why did Ether fall today? Because it followed Bitcoin downward. It decreased by 0.96% over the past 24 hours and is below the psychological level of $2,000 USD. This level has become a tough resistance point, even though it has tried to rebound multiple times.
Other coins are not doing well either. Solana dropped 1.65%, XRP fell 0.98%, BNB declined 0.74%. All of these are broad adjustments, not just Bitcoin and Ether.
The market still lacks direction after the heavy correction earlier. The RSI is weak, and momentum indicators do not show clear signs of recovery. Traders are waiting to see if Bitcoin can hold around $60,000 USD, and if Ether can return to $2,000 USD. If they do, it could signal a recovery, but for now, it’s still uncertain.