Crypto Market Stalls as BTC Trades Between $62K-$66K

The global crypto market is experiencing a slowdown in momentum, with prices trading within a range-bound zone between $62,000 and $66,000. This mixed sentiment, driven by geopolitical developments and macroeconomic events, has limited fresh participation in the market.

BTC's daily chart shows an RSI hovering around 50, indicating modest buying momentum, while the Stochastic Oscillator is approaching the overbought zone at 72, suggesting caution for new buying. The next key resistance level is positioned around $67,800.

Ethereum has faced strong resistance in the $1,980-$2,030 zone after reaching a fresh high of $1,981. Despite this, buyers remain bullish and continue to show interest on dips. ETH's daily chart shows an RSI above 54, indicating sustained buying momentum, while the Stochastic Oscillator has recovered from the oversold zone.