Key technical indicators for both Bitcoin (BTC) and Ethereum (ETH) are signaling important near-term moves. For BTC, moving averages and RSI suggest consolidation or even a short-term pullback, while for ETH, trendlines and volume are pivotal for confirming a breakout or continued rally����.Bitcoin (BTC) Indicators50-Day Simple Moving Average (SMA): Bitcoin recently crossed above its 50-day SMA, typically a bullish short-term signal, but current price action remains close to resistance, suggesting a pause or potential reversal if momentum wanes�.RSI & Momentum: BTC’s Relative Strength Index (RSI) is near the midpoint, indicating neither overbought nor oversold, supporting consolidation and indecision among traders�.Death Cross & Pullback Risk: Some technical patterns, like a recent “death cross”—where the 50-day SMA drops below the 200-day—hint at short-term bearish potential, meaning a dip to or below support ($100,000–$106,400) is plausible before a renewed rally��.Volume Trends: Healthy trading volume is essential to confirm any upside move above $118,000–$120,000, with lower volumes possibly reinforcing consolidation or corrective phases��.Ethereum (ETH) Indicators Descending Channel Pattern: ETH has been trading within a well-defined downtrend channel since its last peak. A breakout above the upper channel line (currently around $4,800) with sustained volume could trigger a bullish reversal; otherwise, resistance may push ETH back toward $4,400 or $4,000��.Support and Resistance Levels: Near-term support sits at $4,400 and $4,000, while significant resistance lies at $4,800 and $5,000. A decisive close above $4,800 on strong volume would imply a medium-term uptrend, with $5,000–$10,000 as targets for further momentum���.Momentum Indicators: As with BTC, the RSI suggests moderate strength, and MACD readings indicate momentum recovery as ETH attempts to reclaim key levels�.Upgrade Impact: Anticipation of the forthcoming Fusaka upgrade in December has driven bullish sentiment and institutional accumulation, but the technical outlook remains dependent on how ETH handles its current resistance zone�.Conclusion TableTraders should closely monitor these indicators and volume for reliable confirmation of breakout or reversal ahead of next week’s trading
