Bitcoin opened the week under pressure as risk assets sold off after renewed tariff tensions in the United States. The broader market reacted quickly, and crypto followed equities lower, showing that macro sentiment is still driving short-term price action. Fear remains dominant, with the Crypto Fear & Greed Index sitting deep in extreme fear territory and staying there for nearly three weeks — something not seen since the 2022 bear market.

Traders are becoming defensive, and prediction markets now heavily price a drop toward the mid-$50,000 region. While many analysts believe the bottom is not confirmed yet, the longer-term view has not changed much, as historical data still suggests Bitcoin tends to recover after prolonged fear phases and statistically has a strong probability of trading higher within the next year.

Bitcoin slipped below the $65,118 support on Monday, but buyers are trying to hold the level into the daily close. The bounce so far looks weak, and any recovery is likely to meet selling pressure near the 20-day EMA around $70,185. If price gets rejected there, it would show traders are still selling rallies and the market could drift toward the major $60,000 support zone. That level is extremely important for sentiment, because a clean breakdown below it could accelerate selling and drag BTC toward the $52,500 region. For the structure to improve, bulls must reclaim and hold above the 20-day EMA, which would indicate demand is returning at lower prices. A successful move higher could then push Bitcoin toward $74,508, though sellers are expected to defend that area aggressively. Ether dropped below the nearby $1,897 support, increasing the chances of a retest of $1,750.

The falling moving averages and a weak momentum reading suggest bears still have control in the short term. If $1,750 fails to hold, the next downside level sits near $1,537 and the broader downtrend may resume. However, a strong bounce from $1,750 would show buyers are stepping in and could keep ETH range-bound between $1,750 and $2,111 for some time. A close above $2,111 would be the first real bullish signal and could open the way toward the 50-day average near $2,593. BNB also broke under $587, but the long lower wick shows dip-buying interest. Bulls may attempt a recovery, although the 20-day EMA near $651 is expected to act as overhead resistance. If price fails there, sellers will again try to push BNB under $570, which could send it toward the $500 psychological level.

A stronger recovery above the 20-day EMA would improve sentiment and allow a move toward $730. XRP continues to trade between the descending channel support and the 20-day EMA around $1.47. The downward-sloping average and weak momentum show sellers still have the advantage. A break below the channel support could lead to a retest of $1.11, and losing that level may open the door toward $1. For bulls to regain control, XRP must break and sustain above the channel’s downtrend line, signaling a possible trend reversal.

Trader’s Outlook:

The overall market structure remains fragile and traders are still cautious. Bitcoin is the key driver, and all eyes are on the $60K support because losing it would likely trigger broader panic selling across altcoins. A reclaim above the 20-day EMA would be the first positive shift in momentum. Until then, rallies are likely to be sold into rather than chased. Ether traders are watching $1,750 closely as the defensive line for buyers. Holding that level could create a consolidation phase, while losing it would likely extend the downtrend. BNB is showing mild accumulation but still needs a move above $651 to signal stability. If it fails, the $500 level becomes a realistic downside target. XRP remains range-bound and reactive, with $1.11 acting as a critical support. A breakout above the downtrend line would be needed to attract fresh buyers. Overall, traders may prefer short-term trades and quick profit taking rather than long holds. The market is still in a recovery attempt, not a confirmed uptrend. Risk management remains more important than aggressive positioning at current levels.

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

Enjoy the issue!