Current Market Context (Short-Term)Range-bound with supply/demand imbalance and swings between support and resistance.
BTC & ETH condition:
Bitcoin has repeatedly failed to break decisively above $90K resistance, listing sideways below it.
Ethereum is struggling to stay above ~$3,000 and caught in a tightening pattern (triangle/compression), which often portends a sharp move once it breaks out.
ETF outflows and whale short positions indicate short-term caution.
📉 Short-Term Technical Bias (~Next 2 Hours)
Still below key local resistance around $89-90K — bearish to neutral. Fails to break resistances often signal more sideways grinding or slight pullback before next leg.
If supports around ~$86.8K hold, price may bounce back toward $88.5K–$89K.
ETH’s compression pattern suggests near-term breakout risk either way. If buyers push above ~$2980–$3000, a 1–2% up move is probable.
If rejected under that EMA cluster and compression, downside toward $2,900 area is likely.
🔮 Probable 2-Hour Scenarios
Bullish (↑)
✔ BTC regains above intraday resistance ~$89.5K → move toward $90K+
✔ ETH breaks above $2,980–$3,000 → quick push to $3,020–$3,050
Bearish/Neutral (↔/↓)
➡ BTC stays capped and drifts back to $87K–$88.5K
➡ ETH fails breakout → back toward $2,900–$2,940
