Bitcoin (BTC) and Ethereum (ETH) Markets Are Slipping

Cryptocurrency markets are slipping on Thursday, but the broader investor outlook remains optimistic, driven by growing institutional interest in Bitcoin.

Cryptocurrency prices slipped on Thursday, but the broader investor outlook remains optimistic. Growing institutional interest in Bitcoin (BTC) is a key factor driving this positivity.

Here's a glance at some noteworthy stats:

* Bitcoin has hit a key bearish target, according to trader Carl The Moon. Recent breakdown below crucial support levels at $70,000-$68,000 opens the door for further downside, aiming for the $63,000 zone.

* Trader Degen Hardy highlights that Bitcoin is nearing the $106,000-$107,000 value area high zone, suggesting a possible retest.

* He remains on the sidelines, with no active long positions, opting to wait for clearer confirmation before making moves.

* On the Ethereum (ETH) side, More Crypto Online is watching whether bulls can defend the critical $2,611-$2,772 support zone, which aligns with key wave (4) levels. So far, ETH has shown relative strength compared to BTC, suggesting potential resilience.

* Solana (SOL) is catching attention again — trader Posty predicts a rally toward the $180 mark, indicating strength in a market showing overall caution.

* Dogecoin (DOGE) trader Tardigrade highlights a repeating pattern on the weekly chart — small rallies leading into major breakouts. He believes the current move may follow this trend, with some anticipating a push toward the $1 milestone.

Trader Notes: Market watcher More Crypto Online emphasizes the importance of staying grounded during volatile cycles. Don't react emotionally to dips or headlines. Disciplined traders are focusing on key technical zones and upcoming retests — an approach that helps not only to survive the cycle but to grow through it.

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