{"id":118187,"date":"2025-12-05T12:47:47","date_gmt":"2025-12-05T12:47:47","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=118187"},"modified":"2025-12-05T12:47:47","modified_gmt":"2025-12-05T12:47:47","slug":"livecrypto-update-today-btc-and-eth-move-sideways-can-they-hold","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=118187","title":{"rendered":"[LIVE]Crypto Update Today: BTC And ETH Move Sideways, Can They Hold?"},"content":{"rendered":"<p>Since the panicked sell-off at the beginning of this week, where major cryptocurrencies saw massive declines, including Bitcoin (BTC) that slid from\u00a0 $91,000 to $85,000 in a few hours, today, the broader crypto market has stabilized and bounced back.<\/p>\n<p>During the early trading hours today, <\/p>\n<p>\t<span class=\"cwp-coin-widget-container\"><\/span><\/p>\n<p>\t\t<!-- name of the coin in the text --><br \/>\n\t\t<span class=\"cwp-coin-widget-wrapper\"><br \/>\n\t\t\t<span class=\"cwp-coin-widget-holder \"><br \/>\n\t\t\t\t<span class=\"cwp-coin-name\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-icon \"><\/span><\/span><\/span><\/span><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t<br \/>\n\t\t\t\t\t<span class=\"cwp-coin-label \">Bitcoin<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-symbol hidden\">BTC<\/span><\/p>\n<p>\t\t\t\t\t<span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-price hidden\">$91,533.20<\/span><br \/>\n\t\t\t\t\t<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-trend  negative\">1.13%<\/span><br \/>\n\t\t\t\t\t<\/span><\/p>\n<p>\t\t\t\t<br \/>\n\t\t\t<br \/>\n\t\t<\/p>\n<p>\t\t<!-- popup with basic info about the coin --><br \/>\n\t\t<span class=\"cwp-coin-popup-wrapper \"><br \/>\n\t\t\t<span class=\"cwp-coin-popup-holder\"><br \/>\n\t\t\t\t<span class=\"cwp-coin-name\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-icon\"><\/span><\/span><\/span><\/span><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t<br \/>\n\t\t\t\t\t<span class=\"cwp-coin-popup-name\">Bitcoin<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-popup-symbol\">BTC<\/span><br \/>\n\t\t\t\t<br \/>\n\t\t\t\t<span class=\"cwp-coin-price\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-price-title\">Price<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-price-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-price-value\">$91,533.20<\/span><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t\t<span class=\"cwp-coin-trend negative\">1.13% \/24h<\/span><br \/>\n\t\t\t\t\t\t<\/span><br \/>\n\t\t\t\t\t<\/span><br \/>\n\t\t\t\t<\/span><br \/>\n\t\t\t\t<span class=\"cwp-coin-volume\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-price-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-volume-title\">Volume in 24h<\/span><\/span><\/span><\/p>\n<p>\t\t\t\t\t<br \/>\n\t\t\t\t\t<span class=\"cwp-coin-volume-value\">$38.42B<\/span><br \/>\n\t\t\t\t\t&lt;!&#8211; <span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-trend\">?<\/span><br \/>\n\t\t\t\t\t<\/span>                     &#8211;&gt;<br \/>\n\t\t\t\t<br \/>\n\t\t\t\t<span class=\"cwp-coin-chart\"><br \/>\n\t\t\t\t\t<span class=\"cwp-graph-title\">Price 7d<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-graph-container negative\"><\/span><\/span><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t<br \/>\n\t\t\t\t<\/p>\n<p>\t\t\t<\/p>\n<p>\t\t<br \/>\n\t<\/p>\n<p>\t hovered near $92,000 from where it has come down and is currently trading at<br \/>\n    <span class=\"cwp-coin-price-container\"><br \/>\n        <span class=\"cwp-coin-price-value\"><\/span><br \/>\n    <\/span><br \/>\n. It failed to push towards $93,000 overnight, continuing its choppy and directionless movement as it has done in the last several sessions.<\/p>\n<div class=\"chart crypto-chart-instance\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n<div class=\"chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\"><\/div>\n<\/div>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\"><\/div>\n<div class=\"chart__info-change\"><\/div>\n<\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\"><\/div>\n<\/div>\n<\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<div class=\"chart__container\"><\/div>\n<\/div>\n<p>Sellers have defended the $93,000 level since mid-November, and the buyers have stepped in at $91,000. Neither side is winning, hence BTC\u2019s continued sideways movement.<\/p>\n<p>Bitcoin has 2 decent liquidity clusters right now.<\/p>\n<p>The upside liquidity is around the $94,500 level, while the downside liquidity is around the $90,000 level.<\/p>\n<p>IMO, a sweep of downside liquidity before reversal makes sense. <a href=\"https:\/\/t.co\/nFR9Tvvqt4\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/nFR9Tvvqt4<\/a><\/p>\n<p>\u2014 Ted (@TedPillows) <a href=\"https:\/\/twitter.com\/TedPillows\/status\/1996918727691128941?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">December 5, 2025<\/a><\/p>\n\n<p>Moreover, BTC\u2019s one-month chart shows that it is still trapped in a descending structure stemming from its earlier November highs. The latest rebound printed another lower high. Its price peaked near $93,500 before rolling over, keeping the broader corrective pattern intact.<\/p>\n\n<p>(Source: <a class=\"general-link\" href=\"https:\/\/www.tradingview.com\/chart\/xwLlC9vB\/?symbol=BITSTAMP%3AETHUSD\" target=\"_blank\" rel=\"noopener\">TradingView<\/a>)<\/p>\n<p>At the same time, momentum is weak and intraday recovery attempts fade quickly, highlighting that liquidity is still thin at the current level. A clean breach of the $91,000 level will lead to more downslides, testing support at $90,000-$90,500.<\/p>\n<p>To reverse the price action, bulls must recover and maintain above the $93,200. This will invalidate the short-term downtrend.<\/p>\n<p>Meanwhile, liquidation <a class=\"general-link\" href=\"https:\/\/www.coinglass.com\/currencies\/BTC\" target=\"_blank\" rel=\"noopener\">data <\/a>reveals that traders have lost nearly $45 million in longs and $50 million in shorts over the last 24 hours. Plus, macro data is adding more pressure on the broader crypto market.<\/p>\n\n<p>(Source: <a class=\"general-link\" href=\"https:\/\/www.coinglass.com\/currencies\/BTC\" target=\"_blank\" rel=\"noopener\">CoinGlass<\/a>)<\/p>\n<p>The US ADP (Automatic Data Processing) Payroll <a class=\"general-link\" href=\"https:\/\/www.usatoday.com\/videos\/news\/2025\/12\/04\/adp-payrolls-november-fell\/87584538007\/\" target=\"_blank\" rel=\"noopener\">fell <\/a>by 32000 in November, missing expectations, resulting in a cooling labour market. The futures market has assigned a 90% Fed rate cut probability for December this year.<\/p>\n<p><strong>EXPLORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"noopener\">Next 1000X Crypto \u2013 Here\u2019s 10+ Crypto Tokens That Can Hit 1000x This Year <\/a><\/strong><\/p>\n<h2><strong>Crypto Today: ETH Retests $3,200<\/strong><\/h2>\n<p>\t<span class=\"cwp-coin-widget-container\"><\/span><\/p>\n<p>\t\t<!-- name of the coin in the text --><br \/>\n\t\t<span class=\"cwp-coin-widget-wrapper\"><br \/>\n\t\t\t<span class=\"cwp-coin-widget-holder \"><br \/>\n\t\t\t\t<span class=\"cwp-coin-name\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-icon \"><\/span><\/span><\/span><\/span><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t<br \/>\n\t\t\t\t\t<span class=\"cwp-coin-label \">Ethereum<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-symbol hidden\">ETH<\/span><\/p>\n<p>\t\t\t\t\t<span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-price hidden\">$3,138.10<\/span><br \/>\n\t\t\t\t\t<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-trend  negative\">0.89%<\/span><br \/>\n\t\t\t\t\t<\/span><\/p>\n<p>\t\t\t\t<br \/>\n\t\t\t<br \/>\n\t\t<\/p>\n<p>\t\t<!-- popup with basic info about the coin --><br \/>\n\t\t<span class=\"cwp-coin-popup-wrapper \"><br \/>\n\t\t\t<span class=\"cwp-coin-popup-holder\"><br \/>\n\t\t\t\t<span class=\"cwp-coin-name\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-icon\"><\/span><\/span><\/span><\/span><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t<br \/>\n\t\t\t\t\t<span class=\"cwp-coin-popup-name\">Ethereum<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-popup-symbol\">ETH<\/span><br \/>\n\t\t\t\t<br \/>\n\t\t\t\t<span class=\"cwp-coin-price\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-price-title\">Price<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-price-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-price-value\">$3,138.10<\/span><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t\t<span class=\"cwp-coin-trend negative\">0.89% \/24h<\/span><br \/>\n\t\t\t\t\t\t<\/span><br \/>\n\t\t\t\t\t<\/span><br \/>\n\t\t\t\t<\/span><br \/>\n\t\t\t\t<span class=\"cwp-coin-volume\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-price-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-volume-title\">Volume in 24h<\/span><\/span><\/span><\/p>\n<p>\t\t\t\t\t<br \/>\n\t\t\t\t\t<span class=\"cwp-coin-volume-value\">$20.90B<\/span><br \/>\n\t\t\t\t\t&lt;!&#8211; <span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-trend\">?<\/span><br \/>\n\t\t\t\t\t<\/span>                     &#8211;&gt;<br \/>\n\t\t\t\t<br \/>\n\t\t\t\t<span class=\"cwp-coin-chart\"><br \/>\n\t\t\t\t\t<span class=\"cwp-graph-title\">Price 7d<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-graph-container negative\"><\/span><\/span><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t<br \/>\n\t\t\t\t<\/p>\n<p>\t\t\t<\/p>\n<p>\t\t<br \/>\n\t<\/p>\n<p>\t has had a strong day. It jumped 5% in the last 24 hours to trade around $3,184, from where it has come down slightly to its current position at<br \/>\n    <span class=\"cwp-coin-price-container\"><br \/>\n        <span class=\"cwp-coin-price-value\"><\/span><br \/>\n    <\/span><br \/>\n.<\/p>\n<p>The rally came right after the <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/altcoins\/live-crypto-news-today-december-4-eth-breaks-3-2k-on-fusaka-momentum-pippin-memecoin-surges-130-best-new-crypto-to-buy\/\" target=\"_blank\" rel=\"noopener\">Fusaka upgrade<\/a> went live on 3 December, boosting the block gas limit from 45 million to 150 million. A lot of mumbo jumbo for what essentially translates to a smoother activity for apps and users, and the network gaining the ability to handle more transactions at once.<\/p>\n<div class=\"chart crypto-chart-instance\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n<div class=\"chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\"><\/div>\n<\/div>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\"><\/div>\n<div class=\"chart__info-change\"><\/div>\n<\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\"><\/div>\n<\/div>\n<\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<div class=\"chart__container\"><\/div>\n<\/div>\n<p>Meanwhile, on-chain <a class=\"general-link\" href=\"https:\/\/cryptoquant.com\/asset\/eth\/chart\/transactions\/transaction-count-total?window=DAY&amp;sma=0&amp;ema=0&amp;priceScale=log&amp;metricScale=linear&amp;chartStyle=line\" target=\"_blank\" rel=\"noopener\">data <\/a>shows that ETH\u2019s daily transactions have climbed past 1.8 million due to heavy use from DeFi, NFTs, and Layer 2 projects.<\/p>\n\n<p>(Source: <a class=\"general-link\" href=\"https:\/\/cryptoquant.com\/asset\/eth\/chart\/transactions\/transaction-count-total?window=DAY&amp;sma=0&amp;ema=0&amp;priceScale=log&amp;metricScale=linear&amp;chartStyle=line\" target=\"_blank\" rel=\"noopener\">CryptoQuant<\/a>)<\/p>\n<p>X sleuth, Mags pointed out that ETH\u2019s current price action looks a lot like the setup from the 2021 bull run. Then, BTC\/ETH had bottomed out, bounced back, and retested support before ripping higher.<\/p>\n<p>Mags noted that ETH is sitting on the same kind of support zone at the moment, which previously has sparked a 170% rally in just seven weeks. If history repeats itself, ETH could be around 0.092 BTC, or roughly $8,500.<\/p>\n<p><a href=\"https:\/\/twitter.com\/hashtag\/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">#Ethereum<\/a>  against BTC bottomed exactly at the same level as previous cycle.<\/p>\n<p>Right now, it\u2019s around the exact support from where it pumped 170% in just 7 weeks, printing seven weekly green candles in a row, followed by a slow distribution phase.<\/p>\n<p>You know what&#8217;s coming . <a href=\"https:\/\/t.co\/5oNpRXLJAL\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/5oNpRXLJAL<\/a><\/p>\n<p>\u2014 Mags (@thescalpingpro) <a href=\"https:\/\/twitter.com\/thescalpingpro\/status\/1996844489365721345?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">December 5, 2025<\/a><\/p>\n\n<p>Right now, ETH is trading at<br \/>\n    <span class=\"cwp-coin-price-container\"><br \/>\n        <span class=\"cwp-coin-price-value\"><\/span><br \/>\n    <\/span><br \/>\n, which is still under its 50-day moving average at $3,424 and 200-day moving average at $3,534, with the trend remaining slightly bearish.<\/p>\n\n<p>Source: (<a class=\"general-link\" href=\"https:\/\/www.tradingview.com\/chart\/xwLlC9vB\/?symbol=BITSTAMP%3AETHUSD\" target=\"_blank\" rel=\"noopener\">TradingView<\/a>)<\/p>\n<p>Breaching of the key support at $2,740\u2013$2,750 will result in further downslides.<\/p>\n<p><strong>EXPLORE: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/crypto-presales\/\" target=\"_blank\" rel=\"noopener\">The 12+ Hottest Crypto Presales to Buy Right Now<\/a><\/strong><\/p>\n<div class=\"nnbtc-live-articles-list\">\n<div class=\"nnbtc-updates-container\">\n<div class=\"nnbtc-no-updates\">\n<p>There are no live updates available yet. Please check back soon!<\/p>\n<\/div>\n<\/div>\n<\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/livecrypto-update-today-btc-and-eth-move-sideways-can-they-hold\/\">[LIVE]Crypto Update Today: BTC And ETH Move Sideways, Can They Hold?<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Since the panicked sell-off at the beginning of this week, where major cryptocurrencies saw massive declines, including Bitcoin (BTC) that slid from\u00a0 $91,000 to $85,000 in a few hours, today, the broader crypto market has stabilized and bounced back. During the early trading hours today, Bitcoin BTC $91,533.20 1.13% Bitcoin BTC Price $91,533.20 1.13% \/24h [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-118187","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118187"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=118187"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118187\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}