Bitcoin has shown some hesitation in its recovery near $70,000, but the bulls have not yet given up ground to the bears. Experts predict that Bitcoin's current bull cycle could reach between $120,000 and $180,000 due to factors like upcoming events and ETFs.

Despite positive outlooks, some caution that Bitcoin and altcoins may be showing signs of exhaustion in their current moves. Will prices continue to rise, or is a correction imminent?

Bitcoin Price Analysis

Bitcoin is currently trading in a tight range between $71,770 and $68,359, indicating indecision between buyers and sellers. If the price can break above $71,770, a rally to $80,000 is possible. On the other hand, a drop below the 20-day EMA at $61,107 could signal profit-booking among bulls.

Ether Price Analysis

Ether has been hovering near the $3,678 resistance level, with a potential rally to $4,100 upon a breakout. However, a drop below $3,460 could indicate a shift in momentum to the bears.

BNB Price Analysis

BNB has seen a move higher after struggling near $588. If the price remains above this level, it could rally to $669 and $692. Bears will need to defend $645 to prevent further gains.

Solana Price Analysis

Solana is facing resistance at a downtrend line, with potential support at the 20-day EMA of $175. Bulls will aim to break above the downtrend line and reach $267.

XRP Price Analysis

XRP has been trading near the 20-day EMA at $0.62, indicating uncertainty about its next move. A break below this level could lead to a drop to $0.52, while a move above $0.69 could signal a rally to $0.74.

Cardano Price Analysis

Cardano is struggling to stay above $0.68, with potential support at $0.63 and resistance at $0.70. A break below $0.57 could favor bears in the short term.

Dogecoin Price Analysis

Dogecoin is seeing a pullback near $0.23, with potential support at $0.19 and resistance at $0.30. Failure to hold $0.19 could lead to a drop to the 20-day EMA at $0.17.

Avalanche Price Analysis

Avalanche is testing the support line of a pennant pattern, with potential support at $53 and resistance at $65. Bears will need to break below $46 for a deeper correction.

Shiba Inu Price Analysis

Shiba Inu is facing resistance at $0.000032, with potential support at $0.000028 and $0.000021. Bulls will aim to break above $0.000035 for further gains.

Toncoin Price Analysis

Toncoin has rebounded near the 38.2% Fibonacci retracement level of $4.78, with resistance at $5.69. A drop below $4.78 could signal a trend change.

Please note that this analysis does not constitute investment advice. Traders should conduct their own research before making any decisions.