Bitcoin (BTC) is trading within a projected range of $85,000–$102,000, with ETF inflows playing a critical role in its near-term trajectory.
Strong inflow data this week could push BTC above $100,000, potentially testing $102,000.
Meanwhile, historical halving cycles suggest price consolidation between $95,000 and $100,000, positioning March as a buildup phase ahead of more pronounced movements in mid-2025.
Key levels to watch include $91,000 as support and $100,000 as psychological resistance, with a potential drop below $85,000 quickly testing $80,000 if bearish sentiment dominates.
Ethereum (ETH) remains within a $2,300–$2,800 range, with upside potential linked to the Pectra upgrade, expected in Q1 2025.
If testnet progress or deployment timelines improve, ETH could rally toward $3,800 or even $4,000.
Additionally, BTC’s performance will significantly impact ETH’s movement—if BTC breaks $100,000, ETH could rise to $2,600–$2,800, while a BTC decline to $85,000 might drag ETH to $2,200.
With an RSI of 27.94, ETH is currently oversold, suggesting a potential bounce if buying momentum resumes.
However, a failure to hold above its 25-day SMA ($2,590) could lead to further downside before a meaningful recovery.
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.
