BTC Holds Strong Above $73.5K as Market Stabilizes, But Momentum Slows

The crypto market is steady for now, with Bitcoin holding above $73,500 as US–Iran ceasefire talks continue and tension around the Strait of Hormuz remains in focus. Meanwhile, RaveDAO and DeXe are leading gains in the last 24 hours.

Volatility is still high, with CoinGlass showing about $437M in liquidations, including $241M from shorts and $195M from longs, meaning both sides are getting squeezed.

BTC is still in an uptrend with higher highs and higher lows, but after getting rejected from the 75.5K–76K area, price pulled back and is now around 73.8K, which is the middle of the range and not a great place to trade.

Resistance is at 74.0K–74.5K and then 75.5K–76K, while support sits at 72.0K–72.2K, followed by 70.5K and 69K as a strong demand zone.

Momentum is still positive but clearly slowing, which usually means the market needs to either consolidate or pull back before moving higher.

If price holds above 72K and breaks back above 74.5K, it can push toward 76K and possibly 78K+. If 72K breaks, price may drop to 70.5K or even 69K before any bounce.

Right now price is stuck in the middle, so it’s better to wait for dips near support or a confirmed breakout. Shorts only make sense if there is a clear rejection near 74.5K.

Overall, the trend is still bullish, but the market is pausing — patience is key.

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