BTC remains above key support but stays below Tom Lee’s $76,000 bull-market confirmation level ahead of month-end.
Bitcoin traded above $75,000 on Wednesday after failing to sustain gains above $78,000 the prior session. Analysts flagged $76,000 as a critical level that must hold by month-end to confirm a new bull market, according to market commentary.
Ether (ETH) mirrored BTC’s cautious tone, retreating from $2,150 resistance to test $2,000 support before rebounding to $2,080. AI-linked tokens RENDER, FET, and NEAR erased earlier gains, dropping 1% to 3% since midnight UTC, while Hyperliquid’s HYPE token and Monero (XMR) bucked the trend with 5%+ rallies.
U.S. equity futures diverged from crypto, with S&P 500 and Nasdaq 100 contracts hitting record highs after rising 0.3% in early trading. The crypto market’s resilience at $75,000 contrasts with broader altcoin weakness, leaving traders focused on the $76,000 threshold.