As the first month of 2025 comes to an end, Bitcoin (BTC) continues moving within its post-US election price range but nears two historical closing candles. Some analysts weighed in on the market’s state, suggesting that it could be satisfied with good news for the time being.
Bitcoin price failed again to clear the $53,000 resistance. BTC is now back below $52,000 and there are chances of a downside break below the $50,500 support.
Ethereum price spiked above the $3,000 resistance before the bears appeared. ETH is correcting gains, but dips might be limited below the $2,865 support.