Bitcoin (BTC) price steadies around $104,000 at the time of writing on Wednesday after being rejected from a key resistance level, suggesting a consolidation may continue in the near term.
Ethereum (ETH) has resumed its downtrend, trading below $3,300 at the time of writing on Thursday. The bearish outlook mirrors Bitcoin's (BTC) intraday decline below $102,000.
Bitcoin (BTC) steadies above $108,000 at the time of writing on Wednesday, after facing rejection from resistance at $114,000 the previous day. However, a resurgence of BTC spot Exchange Traded Funds (ETFs) inflows supports a short-term bullish outlook.