Analyst: Bitcoin and Ethereum approaching key price levels, possibly indicating a market trend reversal

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Mars Finance news: macro analyst Jordi Visser said that although the market widely expects the crypto industry to enter a bear market, Bitcoin and Ethereum are less than 10% away from reaching the key levels that would trigger a trend reversal. He pointed out that if Bitcoin breaks above $76,000 and, at the same time, Ethereum rises above $2,400, it could mark the start of a rally capable of sustaining throughout the year. Visser believes the probability of a recession occurring in the United States in the short term is relatively low, which also aligns with the pricing in prediction market Kalshi—its current estimate for the probability of a recession in 2026 is about 24%. He also noted that, amid inflation staying high and traditional markets (such as the S&P 500) lacking clear growth momentum, funds may continue to flow into asset classes with yield potential. However, the market remains divided. A seasoned trader, Peter Brandt, recently said that Bitcoin’s low point for the year may not have appeared yet, and the price could retest—and even fall below—the $60,000 range. Visser, meanwhile, emphasized that markets should not be simply divided by bull and bear cycles, but instead assessed from a longer-term perspective of structural changes and shifts in liquidity.

BTC-1,73%
ETH-1,21%
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