Crypto Rally Pauses as Bitcoin Fails to Clear Resistance Band
Crypto markets have paused their recent rally as Bitcoin (BTC) failed to break through the $81,000-$82,000 resistance band.
According to TradingPedia, BTC has slipped back under $80,000 after a second failed attempt to decisively clear resistance in the specified area. A daily close under $80,000 could increase the likelihood of a deeper corrective phase as the market searches for fresh liquidity.
Ethereum (ETH) and Ripple (XRP) are following a similar pattern, with ETH easing to $2,500 and XRP drifting toward support near $1.40.
Despite the ongoing pullback, demand for digital assets from institutional players remains elevated, pointing to a potential transition from a bearish backdrop to a broader bullish regime. Crypto Finance AG noted that 'pullbacks have been contained, ETF inflows remain strong, and positioning suggests many investors are still catching up rather than taking risk off.'