By BTCUSDT
When analyzing the daily chart of BTCUSDT, it appears that price movements are continuing below a descending triangle formation. If the cryptocurrency fails to surpass the 71,839 level, it may target downside movements towards 67,159. Further breakdown below this level could potentially extend the decline towards 61,460, with a possible lower target around 54,270. The direction will largely depend on whether Bitcoin can break above or sustainably hold below the critical 71,839 level in the near future.
ETHUSD
When examining the daily chart of ETHUSD, it appears that price movements are continuing above a trend line. If Ethereum fails to surpass the 3,897 level, it could potentially target downside movements towards 3,700. Further decline below this level might extend towards 3,353, with a potential lower target around 3,060. The critical factor here will be whether Ethereum can break above or sustainably hold below the 3,897 level in the near term.
