Bitcoin, Ether bounce in Asia, swings continue

💡 DMK Insight

Bitcoin’s recent 4% surge is a breath of fresh air amid heavy selling pressure, but don’t get too comfortable. With BTC currently at $65,826, traders need to consider the broader context of its previous highs around $125K in October 2025. This recent uptick could signal a short-term recovery, but it’s crucial to watch for resistance levels that could cap further gains. If BTC can hold above $65,000, it might attract more buying interest, but any slip below could trigger additional selling. Ethereum’s modest rise to $1,922.22 suggests that while BTC is leading the charge, ETH isn’t far behind. Keep an eye on the BTC/ETH ratio; a strengthening BTC could weigh on ETH’s performance if it doesn’t catch up. Here’s the thing: while the current momentum is positive, the market’s volatility remains high. Traders should monitor for any significant pullbacks or news that could sway sentiment. Watch for key levels around $66,500 for resistance and $64,000 for support. If BTC breaks either of these, it could set the tone for the next trading session.