BTC & ETH in Focus: A Calm Start to 2025

The first few days of 2025 have been relatively slow. Historically, January tends to be a bullish month in previous cycles. Will this time be different? Let’s explore it together.

7 Days Heatmap

‍This week has been calm, with BTC and ETH slightly down by -0.13% and -0.51%, respectively. This ranging market created an opportunity for a few OG tokens, such as XRP, DOT, and ADA, to surge.

7 days crypto heatmap showing neutral sentiment with BTC and ETH are both down by around -0.5% while altcoins recorded a bullish week. — *Crypto Heatmap 7-Days*

BTC Analysis

‍As mentioned in our last BTC update, it rejected the $91,000 support and the lower bound of the wedge pattern.

As long as this support holds, the overall sentiment is likely to remain bullish, particularly if the $100,000 round number is reclaimed.

BTC 4h chart rejected the lower bound of its flat rising wedge and $90,000 mark. — *BTC Chart - 4H Timeframe*

If, and only if, the $91,000 support level is broken to the downside, the bears are likely to take control, leading to a significant correction.

ETH Analysis

‍As mentioned in the last roundup edition, ETH is still hovering within a tight range, forming a symmetrical triangle.

According to textbook patterns, a symmetrical triangle can break in either direction.

ETH 4h chart hovering within a narrow range in the shape of a symmetrical triangle around the $3,500 round number. — *ETH Chart - 4H Timeframe*

If the $3,600 level is broken to the upside, a parabolic bullish leg is expected, potentially lifting altcoins along with it.

However, if the lower red trendline is breached, a significant correction toward the $3,000 support zone could be on the horizon, leading to a bumpy ride.

Quote of the week

‍Sheer will and determination is no substitute for something that actually works.
~ Jason Klatt

Closing Remarks

‍In summary, the first few days of 2025 have started slowly, with BTC and ETH experiencing slight declines of -0.13% and -0.51%, respectively. Despite this calm period, some OG tokens like XRP, DOT, and ADA have seen notable surges.

BTC has rejected the $91,000 support and remains within the wedge pattern. A break above $100,000 could confirm a bullish sentiment, while losing the $91,000 support may lead to a deep correction.

Meanwhile, ETH continues to consolidate within a symmetrical triangle. A breakout above $3,600 could trigger a parabolic bullish move, but losing the lower red trendline risks a drop toward the $3,000 support zone.

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