Bitcoin price corrected gains and tested the $65,650 zone. BTC is now 
consolidating losses and might start a decent increase if it settles above 
$68,000. Bitcoin is struggling to recover losses and moving lower below 
$67,500. The price is trading below $67,500 and the 100 hourly simple moving 
average. There is a declining channel forming with resistance at $67,400 on 
the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might 
dip again if it trades below the $66,500 and $66,000 levels. Bitcoin Price 
Faces Tough Challenge Bitcoin price failed to remain stable above the $67,500 
zone. BTC started a fresh decline and traded below the $67,200 support zone. 
There was a push below $67,000. The price even spiked below $66,800. A low was 
formed at $65,650, and the price is now correcting some losses. There was a 
move above the 50% Fib retracement level of the recent decline from the 
$68,418 swing high to the $65,650 low. Bitcoin is now trading below $67,500 
and the 100 hourly simple moving average. If the price remains stable above 
$66,000, it could attempt a fresh increase. Immediate resistance is near the 
$67,400 level. There is also a declining channel forming with resistance at 
$67,400 on the hourly chart of the BTC/USD pair. It is close to the 61.8% Fib 
retracement level of the recent decline from the $68,418 swing high to the 
$65,650 low. The first key resistance is near the $68,000 level. A close above 
the $68,000 resistance might send the price further higher. In the stated 
case, the price could rise and test the $68,800 resistance. Any more gains 
might send the price toward the $69,500 level. The next barrier for the bulls 
could be $70,000 and $70,500. Another Decline In BTC? If Bitcoin fails to rise 
above the $68,000 resistance zone, it could start another decline. Immediate 
support is near the $66,000 level. The first major support is near the $65,650 
level. The next support is now near the $65,050 zone. Any more losses might 
send the price toward the $64,500 support in the near term. The main support 
now sits at $63,800, below which BTC might struggle to recover in the near 
term. Technical indicators: Hourly MACD – The MACD is now losing pace in the 
bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is 
now above the 50 level. Major Support Levels – $66,000, followed by $65,650. 
Major Resistance Levels – $67,400 and $68,000.

Bitcoin Price Tightens Range Near Highs Ahead Of Potential Surge

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Ethereum’s technical structure has weakened further after slipping decisively 
below the $2,100 level, reinforcing short-term bearish pressure. However, 
while the breakdown raises the risk of a deeper downside, a repeating fractal 
pattern on the higher timeframe offers a potential glimmer of hope, suggesting 
that a larger breakout could still emerge if history rhymes. Key $2.3K–$2.1K 
Support Zone Lost According to Crypto Candy, Ethereum has decisively lost its 
key daily support zone between $2,300 and $2,100, closing firmly below it and 
confirming a structural breakdown. This area had previously acted as a strong 
demand region, repeatedly absorbing selling pressure. Its failure marks an 
important technical shift, suggesting that the broader market structure has 
weakened. Related Reading: Ethereum Price Stalls Under Resistance With 
Breakout Hopes Delayed With the breakdown confirmed, the former support zone 
has now flipped into a significant resistance area. ETH has already attempted 
to reclaim the $2,100–$2,300 range but has failed to regain acceptance above 
it. This rejection reinforces the idea that sellers are defending the level 
aggressively, keeping short-term momentum tilted to the downside. If bearish 
momentum continues to build, the next major support region to watch sits 
between $1,700 and $1,500. A move into this range would align with typical 
continuation behavior following a failed reclaim of broken support. For now, 
the bias remains bearish as long as Ethereum trades below the $2,300–$2,100 
zone. Only a strong reclaim followed by sustained consolidation above that 
range would invalidate the downside scenario. Ethereum Fractal Structure 
Mirrors Pre-Rally Setup Providing a weekly Ethereum update, Trader Tardigrade 
pointed to a compelling fractal comparison that suggests a familiar structure 
may be unfolding. The expert’s analysis highlights the formation of a 
rectangular consolidation box, a setup that closely resembles the price 
behavior seen before Ethereum’s explosive rally in late 2025. Related Reading: 
Ethereum’s Leverage Reset Clears The Path For A Healthy Rebound – Analyst 
During that previous cycle, ETH spent weeks compressing within a clearly 
defined horizontal range, building energy before eventually breaking out with 
strong momentum. The current chart shows a nearly identical box pattern 
forming, positioned similarly within the broader ascending channel. The 
symmetry between the two structures strengthens the case that this may not be 
random consolidation, but rather a repeat of a larger cyclical pattern. If the 
fractal continues to play out as it did before, a decisive breakout above the 
current range could trigger a powerful upside expansion. Just as in 2025, the 
longer the price compresses within the box, the more aggressive the eventual 
move could become. A confirmed break and sustained acceptance above the range 
would be the key signal that Ethereum is transitioning from accumulation to 
markup once again. Featured image from iStock, chart from Tradingview.com

Ethereum Breakdown Deepens Below $2,100, But Fractal Signals Hope

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Bitcoin remains locked in a strengthening bear market as volatility spikes and 
liquidity weakens, signaling deeper downside risk ahead, according to on-chain 
analyst Willy Woo. Willy Woo Warns Bitcoin Bear Market Is Strengthening Market 
analysts are signaling caution in the digital asset sector as volatility 
accelerates. On Feb. 17, on-chain analyst Willy Woo shared on […]

Cryptocurrency price in USD