Viewpoint: Bitcoin's technical support level is at $73,000, while Ethereum has shown signs of breaking down.

November 7 - Crypto analyst Ali Charts posted that Bitcoin's 3-day K-line chart shows it has been oscillating within a range box of $87,000 to $60,000 for nearly a year, with $73,000 being the midline of this box. If it falls below this key level, the lower boundary of the channel at approximately $60,000 will become an area worth watching.

In contrast, Ethereum appears to have broken down from a rising wedge pattern on the daily chart. Having lost the support level at $2,385, if selling pressure continues, the pattern points to a possible move toward $1,963.