😱【爆炸了】Bitcoin is still fluctuating around 63,000, but Ethereum has already “exploded” inside?!🤯

Big Bull $BTC ‌ Today, it’s bouncing back and forth within the $63,000-$64,000 range.

Yesterday, when it surged to around 63,700, it was obvious that selling pressure above was heavy, and the upper Bollinger Band near 63,660 is temporarily a hurdle.

The first line of defense below is around 63,000; if this level cannot hold, the situation could get a bit ugly.

The real dividing line between bulls and bears is between $64,000 and $64,200. Only with high volume and stabilization here can there be room to move upward. Until clear signals emerge, Bitcoin is still in a consolidation pattern.

In comparison, Ethereum $ETH ‌ has a more exciting story. On one hand, institutions are indeed buying — a new whale withdrew 8,450 ETH from FalconX, and Bitmine also bought 20k ETH.

But on the other hand, there’s some trouble at the Ethereum Foundation: Co-Executive Director Hsiao-Wei Wang resigned, and in five months, eight senior executives have left. There are reports that the core development team may face funding pressures in the next 3 to 9 months.

On one side, institutions are buying, and on the other, internal turmoil within the foundation — these two forces are currently pulling in opposite directions.

But from a longer-term perspective, MarketsandMarkets’ report predicts the global blockchain market size will grow from $54.08 billion in 2026 to $610.96 billion in 2031. Trends like Layer 2 scaling solutions and the integration of blockchain with AI are still advancing.

Bitcoin is waiting for direction, Ethereum is waiting for internal issues to clear up. With weekend liquidity being relatively thin, a cautious approach of watching more and acting less might be the safer choice.

What do you think about the current trend? Share your judgment in the comments 👇
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