ETH Party While Bitcoin Sips Tea: Which One Will Actually Get Out of Bed?

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Breaking news from the land of money-that-isn’t-real-coins: Bitcoin, saucy old dog, finally wakes up, stretches, and gets as far as $105,000 before remembering it has no idea what it was supposed to do next. Meanwhile, Ethereum—like that irritating overachiever in class—has jogged on past everyone and is now sniffing around the $2,750 mark. Is Bitcoin pausing for dramatic effect, existential crisis, or just updating its Instagram? 😂💸

  • Bitcoin absolutely crushed it (for about five minutes), soaring past $102,500 like it was chasing a taxi in the rain.
  • Price remains blissfully above $103,000, holding hands lovingly with the 100 hourly Simple moving average. Awww.
  • Someone drew a bullish line at $103,650, presumably to keep the price from wandering off and getting lost.
  • If Bitcoin manages to stop scrolling memes and clear $105,000, things could actually get interesting.

If Bitcoin Had a Mood Ring, It’d Be Flashing “Maybe?”

After some early morning drama—plunging from $100,500 like it left the iron on—Bitcoin pulled itself together and vaulted over $102,000. Bulls everywhere are patting themselves on the back, and some may have done a little victory dance.

Bitcoin edged up to $104,980, caught a glimpse of itself in the mirror, and promptly had second thoughts about this whole “all-time-high” thing. (Bit of a confidence issue, our BTC.) There’s now a slide back below the 23.6% Fib retracement level, though if you asked me to explain Fib retracement at a party, I’d need another drink first.

But hey, it’s hanging in there—still above $103,500, still above that jolly simple moving average, still besties with the bullish trend line.

Upwards? Resistance looms at $104,500 (very chic, very exclusive). If it manages to sneak past $105,000 and then break into $105,500, prepare for a cocktail of headlines and FOMO. Should the stars align, we could be treated to a test of $106,800, and possibly even $108,000, which would really set off the group chat.

“What If Bitcoin Just Can’t Be Bothered?” — The Correction Chronicles

If Bitcoin loses motivation and fails to break $105,000 (basically, Mondays), the dreaded slide could resume. Immediate support hovers at $103,500, then $102,850 (50% Fib retracement, which sounds exactly like something you pay your accountant to explain). Next stop: $101,750, and if things really go off the rails, $100,200. For full-on crisis mode, cue the emergency chocolates and lookie at $98,800.

Technical indicators:

Hourly MACD: Now gently dozing in the bullish zone, possibly dreaming of Lambos.

Hourly RSI: Floating stylishly above 50, like an Instagram influencer pretending not to care about engagement.

Major Support Levels: $103,500, $102,850—the backbone of Bitcoin’s current “meh” attitude.

Major Resistance Levels: $105,000 and $105,500—think velvet ropes outside a club Bitcoin can’t get into unless it’s on the guest list.

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2025-05-14 05:55