Bitcoin a rechuté sous 112 000 $ après avoir frôlé 118 000 $, invalidant l’impact positif du discours de Jerome Powell.
Les niveaux clés sont 110 000 $ puis 100 000 $ pour le support, et 117 500 $ à 122 000 $ pour la résistance.
Ethereum a atteint un nouveau sommet chuter 4 590 $, avec un support critique à 4 000 $ et une résistance majeure à 5 000 $.
Bitcoin chute après sa hausse à 118 000
Bitcoin erased the rebound triggered by Jerome Powell on Friday. After almost touching $118,000, the leading cryptocurrency fell back below $112,000, almost to the same level as before the Fed chairman’s speech. In other words: not even a signal of a rate cut in September was enough to sustainably reignite the market.
This fall formed a technical ‘lower high,’ a clear sign that the recent momentum remains negative. The upward trend line from the lows of April is now behind us, and the indicators are pointing in the same direction.
The market is sending a brutal message: as long as Bitcoin does not break through $117,000 again, the bullish scenario remains buried.
Les zones à surveiller
- Supports: $110,756, then $100,887 (200-day moving average), and finally the psychological level of $100,000.
- Résistances: $117,440, then $120,000, and $122,056.
Below $110,000, buyers may permanently lose control. Conversely, a return above $117,000 would pave the way for a stronger rebound.
Ethereum loses momentum at the summit
Ethereum set a new record before abruptly stalling. Sunday ended with a doji candle with a long upper wick, a typical signal of market hesitation. Buyers tried to push further, but sellers regained control towards the end of the session.
Result: indecision prevails.
Currently, ETH is down nearly 4% on the day at $4,590. The key zone is around $4,000, a support that reignited the trend on August 20.
Les zones à surveiller
- Supports: $4,000, then $3,800 (50-day moving average).
- Résistances: the symbolic $5,000 level and the all-time highs.
A market that resists good news
The real question is simple: what to make of a market that refuses to rise despite the prospect of a Fed rate cut? The answer is clear from the charts: Bitcoin and Ethereum are at the peak of their technical cycle but unable to turn a positive catalyst into a sustainable rally.
For traders, this translates to heightened vigilance: the scenario of a retreat below $100,000 for BTC or a correction towards $4,000 for ETH has never been more credible in months.
