Bitcoin and Ethereum Weekly Technical Analysis

Recent activity across key volatility indicators like SKEW, VIX, and VVIX points to a cooling in hedging demand.

Recent activity across key volatility indicators like SKEW, VIX, and VVIX points to a cooling in hedging demand. Notably, put option buying is slowing, suggesting that investors may be less concerned about extreme downside risks.

If this trend continues, it could signal the formation of a near-term bottom in risk assets. However, any recovery is more likely to resemble a gradual “U-shaped” bottom rather than a sharp “V-shaped” rebound.

Next week brings a wave of potentially market-moving economic data, including:

These data points will be critical in gauging the health of the U.S. consumer, a key pillar of economic stability. They will help markets assess whether the new trade policies are beginning to stoke inflation.

The ongoing tariff narrative adds another layer of uncertainty. Any escalation or de-escalation in trade tensions could directly impact investor sentiment, risk appetite, and, consequently, Bitcoin and Ethereum price action.

Bitcoin, Ethereum Weekly Technical Analysis

Bitcoin and Ethereum are showing signs of recovery as broader market sentiment steadies following the Federal Reserve's dovish tilt last week. Both assets posted gains, and their respective charts suggest the potential for short-term upside, guided by key Fibonacci levels and moving averages.

BTC/USD Eyes a Move Back Toward $95K

Bitcoin closed the week at $87,061 as bulls defended the lower trendline of a rising channel stretching from late 2022. The 50-week EMA near $77,722 was a key dynamic support, cushioning the recent dip and allowing BTC to bounce.