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Just checked the charts and Bitcoin's sitting around 77.6K while Ethereum's hovering near 2.3K. Market's been pretty choppy lately, and people keep asking why is eth dropping or struggling to hold certain levels. Honestly, it's more about consolidation after that brutal February correction than anything else. Both BTC and ETH are still finding their footing in what looks like a ranging market.
The thing is, whenever Bitcoin and Ethereum move, everything follows. Right now momentum indicators suggest traders are still cautious even though we've bounced off the lows. You see BNB, XRP, and Solana all moving in similar patterns. The real question isn't why prices are down so much anymore, it's whether they can build sustained momentum above these levels or if we're just going to keep grinding sideways.
Technically, people are watching if BTC can hold the mid-60K zone as support and whether Ethereum can establish itself above 2K without getting rejected again. That's basically where all the attention is right now. Until we see a convincing break in either direction, expect more of this chop.