Bitcoin and Ethereum Stuck In Range, Altcoins Consolidate
Bitcoin price managed to stay above the USD 47,200 support zone. BTC climbed higher, but there was no upside continuation above USD 49,500. The price started a fresh decline within a range and it is currently (04:28 UTC) trading below the USD 48,500 support zone. Similarly, most major altcoins are trading in a range. ETH is facing a major resistance near USD 3,250, but it is well above USD 3,050.