Weekend Prep: Key Levels to Watch for $BTC and $ETH – HaZ 1
This week ended harder than it started. BTC dropped to $66,587 — down nearly $4,000 from Thursday's close — as geopolitical pressure from the US-Iran conflict intensified overnight. Trump threatened to strike Iran's power plants, the Strait of Hormuz remains closed, oil is up, and the Fear & Greed index just hit 10 — Extreme Fear. That is the lowest reading in over a year. 👇
This is not the time to be a hero. This is the time to be honest about what the chart is telling you and plan accordingly.
$BTC — levels map for the weekend
BTC is at $66,587, and the structure is weakening. The key supports to watch:
Support 1: $66,442 — if this breaks on a daily close, the next floor is $64,000–$65,000
Support 2: $63,068 — the March cycle low. A break here changes the longer-term picture
Resistance: $68,403 — first level to reclaim before any bullish case is valid
Resistance 2: $70,363 — the level bulls need to recover to call this a bounce
My approach this weekend: no new BTC positions until price reclaims $68,400 with volume. Until then, patience is the trade.
$ETH — levels map for the weekend
ETH broke below $2,000 today for the first time this week. That is a psychological level that matters. Key levels:
Support: $1,980 — must hold to avoid a test of $1,800
Resistance: $2,050 — the level ETH needs to reclaim first
If ETH closes the week below $2,000, sentiment shifts meaningfully bearish heading into next week.
Weekend markets are thinner, spreads are wider, and moves are more exaggerated. Protect your capital first; there will be better setups next week.
This is not financial advice. Trade according to your own risk rules – HaZ 1.