📢 Flash
Opinion: Bitcoin’s technical support level stands at $73,000; Ethereum shows signs of breaking down
Crypto analyst Ali Charts noted that Bitcoin’s 3-day candlestick chart over the past year has exhibited a classic range-bound pattern, with price consistently trading between $60,000 and $87,000—where $73,000 sits precisely at the midpoint of that range. A decisive break below this median level would shift focus to the lower boundary of the channel, around the $60,000 zone, as a key level to watch. Meanwhile, Ethereum’s daily chart is showing signs of a breakdown from a right-angled ascending expansion pattern: after losing critical support at $2,385, continued selling pressure could push the asset toward the pattern’s theoretical target of $1,963.