Crypto traders can't believe it: Bitcoin and Ethereum are going through an unexpected zone of turbulence. With bitcoin falling below $100,000 and ether far from shining, the indicators are turning red. Charts suggest a worrying double top pattern, as analysts monitor critical support for BTC. The crypto market is faltering, but one lesson remains: after the storm, there is calm.
The double top: an alert for Bitcoin and Ethereum
Bitcoin is playing yo-yo and threatens to confirm a bearish double top, a configuration feared by chartists. By flirting with $108,000 twiceor even $109,000, the crypto star seems to be losing his breath.
The neck line, located around $91,300, is under surveillance. A fence below this threshold could rush BTC to a goal of $75,000.
A few key figures to remember:
- Recent cap: around $108,000;
- Critical Support: $91,300;
- Potential downside target: $75,000.
To make matters worse, Ethereum is also under enormous pressure. In one week, ether fell by more than 11%oscillating between 3,222 and 3,278 dollars. Its capital remains solid at 393 billion, but the volatility worries investors.
For Ryan Lee, chief analyst at Bitget Research, the situation looks different:
“ Ethereum is currently trading between $2,900 and $3,500 with technical analysis indicating a neutral trend. The MACD suggests stability, and holding above the $2,900 support level could pave the way for a test of the $3,500 resistance in the near term. »
FOMC, DeepSeek and the nervousness of the crypto market
The crypto market dances to the beat macroeconomic and technological news. The FOMC meeting scheduled for this week is keeping traders on edge: no rate cut in sight, which is cooling risky assets. Bitcoin, correlated with American indices, suffers contagion from Wall Street itself shaken by Chinese AI giant DeepSeek.
With production costs challenging OpenAI, DeepSeek calls into question the astronomical valuations of American tech companies. This shock is reflected in the decline of the crypto market: a capitalization falling by 8% and options massively oriented towards the fall in the price of BTC (strike at $95,000).
Despite this tense climate, influential players like MicroStrategy continue to accumulate cryptos, reaffirming their faith in this sector.
The recent creation of a crypto think tank in the United States, ordered by Trump, could also offer a long-term respite.
In short, if bitcoin has already seen impressive highs in 2025, the current corrections do not discourage veterans. Confident, they remind us that every fall is an opportunity to rise again.
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