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BTC, H4:
Bitcoin is currently trading within an asymmetric triangle price pattern, with price volatility narrowing further in recent sessions. The contracting range suggests that the market is approaching a potential directional breakout, as both buying and selling pressure remain relatively balanced.
The latest price action shows that BTC has been rejected near the upper boundary of the triangle, indicating that selling pressure remains present at higher levels. This rejection suggests that Bitcoin may continue to trade within the established triangle pattern in the near term rather than immediately breaking higher.
Should the current bearish pressure persist, BTC could gradually move toward the lower portion of the pattern, with the next downside target emerging near $62,500. This level could serve as an important support zone where buyers may attempt to defend the broader consolidation structure.
Overall, the narrowing volatility and rejection near the triangle’s upper boundary suggest a cautious short-term outlook for BTC. As long as the cryptocurrency remains within the asymmetric triangle, the price is likely to continue consolidating, with $62,500 emerging as the next key downside level to watch.
Resistance Levels:65,740.00, 69,080.00
Support Levels: 62,441.65, 59930.00

Nasdaq, H4
Nasdaq has seen its bullish momentum ease in recent sessions, with the latest price action showing the index has fallen back below its previous ascending triangle pattern. This development represents an early sign of a potential technical retracement following the index’s recent bullish advance.
The immediate support level near 29,660 is now critical. Should Nasdaq fail to hold above this level, it would indicate that selling pressure is gaining traction and that the recent bullish structure is beginning to weaken.
Further confirmation of the bearish scenario could come from the MACD crossing below the zero line, which would signal a shift in momentum from bullish to bearish territory. The combination of a breakdown below 29,660 and a bearish MACD crossover would strengthen the case for a deeper technical correction.
Should these bearish signals materialize, Nasdaq could extend its decline toward the next major support level at the 29,000 psychological mark.
Resistance Levels: 30,185.00, 30,720.00
Support Levels: 29,660.00, 29,085.00
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