Bitcoin price today is facing a potential short-term pullback after its recent rally pushed the market into overbought conditions. The price is currently moving sideways, while traders watch the $76,400–$76,800 area for a possible liquidity sweep.
Bitcoin’s weekly Super Trend indicator remains red. The latest weekly candle closed below the roughly $80,000 level needed to flip the indicator back to green and confirm a broader bullish signal.
On the three-day chart, BTC price continues to face resistance between $80,000 and $82,000. Support remains around $73,000–$75,000.
The recent slowdown follows a sharp bullish move that pushed Bitcoin into overbought territory on the daily Relative Strength Index (RSI). The current consolidation is allowing the RSI to reset and could create more room for another move higher if the broader bullish structure remains intact.
Also Read : Bitcoin Price Holds $73K as Whales Accumulate — Is $100K the Next Target?
Bitcoin Could Test $76,600 Liquidity
Bitcoin recently attempted to reach downside liquidity on the liquidation heat map but fell short. The key liquidity zone is currently concentrated around $76,400–$76,800, with approximately $76,600 emerging as the level to watch.
A move toward this area would represent a short-term pullback rather than a major trend reversal. Bitcoin could also continue trading sideways as bullish momentum cools.
The broader trend remains more constructive on higher time frames, where the current pullback would have a relatively limited impact on the larger price structure.
Ethereum Holds Above Key Breakout Area
Ethereum price is following a similar pattern to Bitcoin. ETH previously broke above the $2,400 resistance area and remains slightly above that level despite recent weakness.
The breakout remains technically active as long as Ethereum avoids a confirmed three-day close below $2,400, with $2,300 representing another important level to monitor.
Like Bitcoin, Ethereum is currently cooling off after its recent rally rather than showing signs of a major breakdown.
XRP Tests $1.30–$1.40 Support
XRP price is pulling back toward the $1.30–$1.40 support zone after becoming overbought during its recent rally.
Holding this area will be important for maintaining the current structure. A confirmed break below $1.30 could expose XRP to further downside, with the next potential support around $1.13.
The daily chart shows XRP continuing to reset from overbought conditions. Continued sideways movement or a modest pullback could allow the RSI to return to more neutral levels before another potential move higher.
Also Read : XRP Price Prediction: Top Analyst Confirms Breakout
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