Bitcoin continues to struggle at the top of its short-term range, with every recovery attempt getting sold near intraday highs. The pressure is being amplified by macro uncertainty, especially growing expectations of a Bank of Japan rate hike later this month. BTC tried to bounce on Monday, but sellers quickly stepped back in, keeping price action heavy. Trader CrypNuevo noted that Bitcoin could remain range-bound between $80,000 and $99,000 for now, warning that a clean break below $80,000 could open the door toward the $73,000 area.

Analyst Aksel Kibar echoed the cautious tone, pointing out that Bitcoin is sitting in an extreme lowvolatility setup, which often precedes a sharp directional move. On the upside, he sees $100,000 back in play if BTC can reclaim $94,600, while on the downside he expects strong demand to emerge between $73,700 and $76,500. Traders are closely watching the Bank of Japan’s Dec. 19 meeting, as previous rate hikes since 2024 have coincided with more than 20% drawdowns in Bitcoin and broader crypto markets.

Bitcoin bounced from its rising trendline on Monday, showing that buyers are still active at lower levels, but the recovery quickly ran into selling near the 20-day EMA around $90,720. With the 20-day EMA starting to roll over and the RSI sitting in bearish territory, the short-term edge remains with the sellers. If Bitcoin slips and closes below the uptrend line, downside pressure could accelerate, dragging price toward $84,000 and possibly down to the November 21 low near $80,600. On the other hand, a strong rebound that pushes BTC back above the 20-day EMA would signal renewed demand. In that case, a move toward the 50-day SMA near $95,985 becomes likely, although sellers are expected to defend the area between the 50-day average and the $100,000 psychological level. Ether managed to push above its 20-day EMA at $3,106, but the long upper wick on the daily candle shows that sellers are still active on rallies. Bears will try to pull ETH back below the $2,907 level, and if that happens, the pair could slide into the $2,716 to $2,623 support zone.

This keeps the near-term structure fragile. However, if Ether finds support and breaks back above the $3,350 level, it would suggest that the recent sell-off may be losing steam. Such a move could open the door for a recovery toward $3,658 and later $3,918. BNB’s tight consolidation has broken to the downside, giving bears a slight edge for now. Sellers will look to press the price toward the key $791 support. If that level fails, the downtrend could extend toward $730. A sharp bounce from $791, followed by a move above the 20-day EMA near $888, would improve the outlook and could keep BNB trading in a range between $791 and $1,020 for a while. Trader’s Outlook BTC remains under pressure below the 20-day EMA, with downside risk toward $84,000–$80,600 unless bulls reclaim $91,000. 

ETH needs to hold above $2,900 and break $3,350 to confirm a short-term bottom; otherwise, deeper supports remain in play. BNB is testing key support near $791, and traders should watch for either a breakdown toward $730 or a rebound that pushes price back into a broader range.

Lastly please check out the advancement’s happening in the cryptocurrency world

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