Bitcoin Tests $121,000 Support, Ethereum Steadies Despite Market Cool-Off

Bitcoin eases to $121K, Ethereum and altcoins also witness decline

Bitcoin slipped to $121K following short-term profit-taking, while Ethereum and most altcoins fell. BNB surged to a new all-time high of $1,284. Analysts highlight cautious optimism, with BTC support near $120K and resistance around $124.6K amid potential volatility.

Bitcoin Tests $121,000 Support, Ethereum Steadies Despite Market Cool-Off

Bitcoin and Ethereum cooled slightly on Wednesday after hitting fresh highs earlier this week, with BTC trading near $121,000 and ETH around $4,400. Analysts say the pullback reflects healthy consolidation as institutional inflows and macroeconomic cues continue to support momentum. Altcoins also saw mixed moves, with Binance Coin and Solana holding steady while PancakeSwap led the gainers. Experts note that Bitcoin’s $120,000 support remains cr…