Crypto Frontline

BTCUSD (Coinbase)

Bitcoin ended under pressure last week and we are now back below the bullish trend line. The picture doesn’t look good for buyers at this point and since we couldn’t rally in January, traders might need to proceed carefully with their longs.

We think sellers hold the upper hand as long as the price keeps trading below the trend line. Additionally, spending a couple of days more below the line would signal a deterioration of sentiment, and thus, more selling might follow. 

So far, our support at $86k managed to hold, but buyers look rather weak. We’d get more upbeat if the price breaks and holds above $91k. If it doesn’t happen, we will revisit $82k soon. 

On the way up, $94.6k and $98.5k remains key resistance levels and upside targets, should the sentiment improve. Keep in mind that Bitcoin reached the bullish trend line in mid-November and since then, the price has struggled to recover. 

You should treat the current picture as a consolidation after a bearish leg down, which means the next impulsive move might be on the downside. 

ETHUSD (Kraken)

The same negative tilt can be spotted in Ether, where the price broke below the triangle pattern. This makes us to expect further selling this week and the first line of support to watch is $2,600. If buyers don’t step in these, expect further weakness into $2,400 or $2,200. 

We don’t see a series of higher lows and higher highs to suggest the sentiment shifted in favor of bulls. The complete opposite is happening as sellers hold the upper hand and step in after each short-term spike.

If the price manages to rally above $3,200, that could be an early indication that sellers are getting squeezed and $3,400 could be a potential target. We don’t think that’s likely and with BTC on the back foot as well, the altcoin space should follow on the same path. 

BNBUSD (Binance)

Binance Coin trades inside a parallel channel since mid November 2025 and considering the structure managed to hold thus far, it indicates a balanced market. However, this consolidation follows after a bearish leg down and this means sellers might just be taking a break before resuming with more shorts. 

The price currently trades close to $862, a key support, but it doesn’t seem like buyers are stepping in aggressively. We think there is room for more selling and that leaves the lower line of the channel at risk.

Strong selling into it might result in an impulsive move that goes down to $794, or even lower. Before that, we need to see the channel failing. Since it didn’t happen at the time of writing, the consolidation stance remains in place. 

Given that this coin belongs to an exchange, how Bitcoin and other altcoins perform will matter a lot in determining the next direction. Since we are bearish on BTC short-term, that’s depressing the prospects for BNB also.