Ethereum's rising Taker Buy-Sell Ratio suggests derivative traders likely drove Friday's price jump. US investors maintain cautious sentiment following strong outflows in ETH ETFs and declining Coinbase Premium. ETH could see a rejection again at the 20-day EMA after holding the symmetrical triangle support.
Bitcoin price extended its losses and traded below the $64,500 level. BTC is correcting losses, but the bears are still in control and aim for more losses.
Ethereum price started a fresh increase from the $3,350 support zone. ETH is outperforming Bitcoin and might rise further toward the $3,650 resistance.
Bitcoin price started another decline from the $66,850 resistance zone. BTC is again moving lower and might even decline below the $65,500 support zone.