Technical Analyst Katie Stockton Shared What She Expects for Bitcoin and Ethereum! Here are the Critical Resistances and Supports.

In a recent analysis, Katie Stockton from Fairlead Strategies stated that if Bitcoin surpasses a significant resistance zone, the recent rally could extend further.

The largest cryptocurrency is currently trading about 20% above its monthly low with increasing momentum and a successful breakout above its 50-day moving average of (MA). Stockton announced that the critical resistance between $88,200 and $88,800, which includes Bitcoin’s 200-day MA, has been surpassed and added:

“It will lay the groundwork for a move towards the next resistance level around 95,900 dollars according to the Fibonacci retracement analysis.”

Stockton noted that weekly stochastics are rising from oversold zone, strengthening the probability of a short-term breakout. However, he warned that monthly stochastics have turned down from overbought levels and any rally could still be inherently counter-trend.

According to the analyst, support for Bitcoin is seen around $73,800, a level that was previously tested as resistance in March 2024. A more dynamic support level is located in the weekly cloud model, currently around $62,200. The slope of this model flattens in the second half of 2025, and Stockton suggests that this could indicate a decrease in the momentum behind Bitcoin’s cyclical bullish trend.

Stockton also indicated a similar momentum improvement with short-term rally potential on Ethereum at (ETH). Resistance levels for Ethereum were identified at $1,850 (50-day MA) and $2,040, which is an old long-term trading range support. The first support for ETH is around $1,550, which is the lowest level at the end of 2023.

From a macro perspective, Stockton observed that Bitcoin has a stronger positive correlation with the Nasdaq-100 Index (NDX) compared to gold, which strengthens its classification as a risk asset. However, he also noted that these correlations are not stable.