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Bitcoin And Ethereum Defend Key Moving Averages – Bullish Signal Or Temporary Relief?

  • Bitcoin and Ethereum face renewed volatility but hold above key levels, signaling cautious optimism among bulls.
  • Analysts emphasize the need for a decisive move above the all-time high to confirm trend continuation amidst limited momentum.
  • Bitcoin shows resilience near all-time high, outperforming altcoins despite macroeconomic uncertainty and tightening liquidity.
  • BTC displays signs of recovery, reclaiming key moving averages and facing resistance at $106,600 before potentially retesting all-time highs.

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