Fresh lows below $1,736 could be in store for Ether price if bulls fail to hold the altcoin’s price above an important ascending trendline.

The Crypto Fear and Greed Index remains pinned in the "extreme fear" zone, but Bitcoin’s lengthy consolidation phase above the $60,000 support may be a positive sign.

Futures-driven trading and weak spot demand have kept Bitcoin range-bound, with limited buy-side interest capping the duration of price breakouts.

A notable bid-ask imbalance for Bitcoin exists near $66,000, possibly raising the chance for a relief rally to $71,000.

Onchain data shows inflows to accumulation addresses topping 67,000 BTC, while total outflows from Bitcoin miners fell to levels not seen since 2024.