Bitcoin Rebounds Above $101K After Brief Dip Below $100K, Ethereum Rises to $3,272

COINOTAG News reports a brief breach of the Bitcoin price threshold, with an intraday low near $98,944 and a subsequent rebound to $101,160. The Bitcoin price has declined about 5% over the past 24 hours, signaling a brief capitulation followed by technical recovery.

The Ethereum market moved down to $3,057 before a rally back to $3,272, leaving the token with a roughly 9% decrease for the last 24 hours. This dynamic underscores ongoing sectorwide volatility in the crypto market.

Current data show consolidated momentum with notable support near recent swing lows and resistance around the near-term thresholds. This setup reinforces a disciplined approach to risk management for traders involved in Bitcoin and Ethereum within the evolving crypto market update.

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