Bitcoin price continues to fall. Ether dropped to $3,500. Is this the end of the bull market?
Ether is also cheaper. The rate dropped below $3,500.
My editorial colleague has prepared for you a list of important levels that are worth paying attention to now. In the case of BTC, we may fall to the USD 100,000-102,000 zone. Only a drop below it will mean a very bearish signal.
In turn, ether has strong support at USD 3,450-3,600 levels. So we are currently in this zone.
In the background we are still waiting for the opening of the US government and another interest rate cut. and finally ending quantitative tightening. Moreover, Jerome Powell’s term at the Fed is ending. His successor may cut interest rates more aggressively. This is all good news for the market, which may suggest both the extension of the cryptocurrency cycle and the fact that the current declines are just a correction, not the end of the bull market (although this is not investment advice).
In the short term, BTC could test resistance levels in the $115,000-120,000 range (if macroeconomic signals improve), while ETH could rally towards $4,200, supported by progress in layer-2 scaling and the resurgent DeFi sector. Key factors to watch include upcoming Fed interest rate decisions, continued flows into ETFs, and regulatory advances from global bodies such as the SEC – all of which could accelerate the integration of cryptocurrencies into the financial mainstream.
At the same time, geopolitical tensions and unexpected inflation data remain the main risk factors that could trigger sudden declines. Overall, this period of stability highlights the maturing resilience of the digital asset ecosystem.
At Bitget, we remain focused on providing traders with the tools, transparency and analysis that allow them to navigate the market responsibly and contribute to the long-term development of the entire industry.
