$BTC ‌$ETH ‌The rally abruptly comes to a halt! The broader market drags down and pulls back collectively—an overview of BTC and ETH’s key support levels and trading points

Originally, it looked like the crypto market was about to break out into a major bullish move. But a sudden external negative catalyst directly interrupted the upward momentum. Many users holding positions feel it’s very regrettable. Today, we’ll break down the causes behind the selloff and clearly map out the next buy and sell levels for everyone.

The reason for the plunge is that the semiconductor sector has been hit hard across the board. Micron’s stock price fell directly from the 1000 mark into the 800 range, dragging down the overall weakness in the US market. Just as Bitcoin was about to start its push higher, market sentiment was carried down by the broader index, causing the attempted breakout to fail and triggering a rapid pullback. Many people are now most concerned: will there be an opportunity for a rebound in the future?

There is a chance, but you must never chase longs blindly. Wait for prices to drop into the key support zone before accumulating for a low-entry setup. Bitcoin’s core support lies at 63.3 thousand and 62.8 thousand. If the market retests these two areas, you can capture short-term rebound profits of around a thousand points. With external market risk still elevated, South Korea’s stock market has been repeatedly triggering big selloffs and circuit breakers, continuously weighing on global capital markets. In terms of trading, you must stay conservative.

Compared with Bitcoin, Ethereum shows stronger resilience, and its support levels are higher as well. Focus on the two key thresholds at 1875 and 1830. Especially at 1830: this was previously a pressure level that persisted for a long time. After a breakout, it completed the support-resistance flip. Retesting this level is a high-quality opportunity to go long.

Looking back at the prior market outlook, the prediction was extremely accurate. Earlier, it was already mentioned that Ethereum’s surge would test the 1950 resistance. Last night, the price reached that level as expected. Those who followed the plan managed to escape the top smoothly, and there were also many who reversed and shorted to capture the pullback gains. Going forward, if the bulls manage to regain and hold above 1950, the next major resistance level to watch is 2050. Save these key price points, and use them directly as references for subsequent trades.