Bitcoin & Ethereum Reclaim Key Levels After Weekly Close, But Selling Pressure Builds
Bitcoin reclaimed about $79,000 this week, helping lift the crypto market as spot-BTC ETF inflows (nearly $2bn over the past week) and easing geopolitics improved macro sentiment. Ethereum pushed toward $2,400 while total crypto market cap rose to roughly $2.6T and daily volume jumped from ~$96B to ~$120B, signaling increased participation. The rally, however, showed signs of short-term fragility: heavy selling near the $79k–$80k resistance, profit-taking, and liquidation-driven moves have produced volatility and a short-term pullback. Extra downside risk stems from recent DeFi exploits (Volo lost ~$3.5M) and mixed follow-through buying, leaving the market range-bound unless Bitcoin reclaims $80k on strong volume or falls below ~$73k–$75k. Overall the note is cautiously bullish on the medium-term structure but acknowledges mixed near-term risks.