Bitcoin Eyes $100K While Ethereum Targets $3K Amid Market Uncertainty

-

Bitcoin (BTC) is trading around $96,000 as of February 24, 2025, with a projected range of $92,000 to $105,000 this week.

Its movement largely depends on whether it can break past the $100,000 resistance or retrace to $94,000 support.

Technical indicators present mixed signals, with short-term bullish momentum clashing with longer-term market uncertainty.

Institutional activity and macroeconomic conditions remain key drivers, influencing sentiment as bulls push for six figures while bears anticipate a pullback.

Ethereum (ETH) is trading above $2,750, with expectations of fluctuating between $2,600 and $2,900, possibly testing $3,000.

While much chatter has been about a so-called “ETH rollback,” it just refers to the upcoming Pectra upgrade, not an actual chain rollback.

If successfully implemented, this upgrade could strengthen ETH’s market position.

While ETH’s trajectory is closely tied to BTC’s movements, speculation around an altcoin season and evolving regulatory clarity may provide additional upside momentum.

Ryan Lee, Chief Analyst at Bitget Research

Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.

LATEST POSTS

Crypto Rally Signals Resilience Amid Fed Tailwinds and Regulatory Progress

The latest rally highlights crypto’s resilience, with Bitcoin breaking above $117,000, XRP surpassing $3.00, and Dogecoin climbing more than 5 percent. Much of this momentum stems...

U.S. Bitcoin Reserve Proposal Signals a New Era for Digital Assets

The recent Capitol Hill roundtable led by Senator Cynthia Lummis and Representative Nick Begich, alongside industry voices like Michael Saylor and Tom Lee, marks a...

Bitcoin’s Dominance Persists as ETH Struggles to Close the Gap

The ETH/BTC ratio remaining below 0.05 for over a year, even as Ethereum hits record highs and attracts billions in ETF inflows, underscores Bitcoin’s enduring...

XRP and SOL Positioned to Lead the Next Leg of the Bull Market

We see the current bull market as far from exhausted. Strong public asset treasuries and expectations of Fed rate cuts provide a supportive macro backdrop,...

Most Popular

Guest posts