Weekly Analysis of $BTC & $ETH - GNCrypto Analytics

As the year winds down, Bitcoin (BTC) and Ethereum (ETH) face lower liquidity and reduced market activity, typical during the holiday season. Both assets are consolidating within tight price ranges, reflecting cautious sentiment among traders.

Bitcoin recently retraced from its all-time high of $108,339, finding strong support between $92,200–$94,200 and resistance at $98,700–$100,800. If BTC breaks above $100,800 and sustains that level, bullish momentum could resume. Conversely, losing support might trigger a drop to $90,800. Expect range-bound trading for the short term, though occasional volatility spikes could disrupt the calm.

Ethereum remains locked between $3,035–$3,200 support and $3,530–$3,680 resistance. A breakout above this range might see ETH targeting $3,910, while further gains could pave the way for a long-awaited all-time high, unlike Bitcoin’s new ATH this year.

In this subdued market, patient positioning and vigilance for breakout opportunities will be key for traders navigating these consolidations.