Bitcoin, Ethereum Consolidate Amid Year‑End Crypto Calm

Major cryptocurrencies finished a quiet, holiday‑shortened trading week with mixed performance, as Bitcoin and Ethereum settled into consolidation following late‑December swings.

Bitcoin held in a range near key technical levels over the week, with prices hovering around the mid‑US$80,000s to high‑US$80,000s zone as traders weighed subdued year‑end liquidity and macro uncertainty.

Market data showed Bitcoin forming a near‑term base with support around US$83,800-US$86,000, suggesting short‑term accumulation ahead of potential breakouts toward higher resistance if sentiment improves.

Ethereum, meanwhile, also traded in a tight range over the period, with prices generally fluctuating near the US$2,900-US$3,100…

Source link