Bitcoin and Ethereum have pushed back to levels not seen since February, suggesting a potential shift in short-term market momentum after weeks of consolidation. At the time of writing, Bitcoin was trading around $74,800 after briefly testing the $76,000 level. At the same time, Ethereum climbed toward $2,400, marking its highest range in over a month. Bitcoin eyes breakout as momentum builds Bitcoin’s latest move comes after a prolonged consolidation between $64,000 and $72,000, with the recent breakout attempt pushing the asset toward a key resistance zone around $75,000–$76,000. The Relative Strength Index [RSI] has climbed to the low 60s, indicating strengthening bullish momentum without yet entering overbought territory. This suggests buyers are regaining control, though a decisive close above resistance will be needed to confirm continuation toward higher targets. Ethereum follows with steady recovery Ethereum has mirrored Bitcoin’s move, climbing back toward the $2,400 region after weeks of sideways movement. The asset has established higher lows since early March, pointing to a gradual accumulation phase. Its RSI is also trending near 60, reinforcing the view of building momentum rather than exhaustion. A sustained move above $2,400 could open the path toward the $2,600 resistance zone. At the same time, failure to hold current levels may see ETH retest support near $2,100–$2,200. What you should know Market structure across both assets now reflects a transition from consolidation to potential expansion. BTC must break and hold above $75K–$76K for continuation ETH faces a key barrier around $2.4K RSI levels suggest momentum is building, not overheated If these resistance levels are cleared, it could signal a broader return of bullish sentiment. However, rejection at these zones may extend the current range-bound structure. Final Summary Bitcoin and Ethereum have both reclaimed February price levels, signaling renewed bullish momentum. Key resistance zones remain in play, with confirmation needed before a sustained uptrend can take hold.
Bitcoin, Ethereum reclaim February levels — Is bullish momentum returning?
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