
Bitcoin has slipped toward $76,800 after its latest rebound lost momentum, while Ethereum is hovering near $2,250. Selling is also visible across major altcoins, including SOL, BNB and DOGE, pointing to weakness across the market.
Bitcoin failed to hold its recovery above $78,000 and is now testing the $76,300–$76,600 support zone. A break below this range could bring $75,000–$75,700 into focus. On the upside, $77,500 and $78,250 remain the key levels to watch. Ethereum also remains below its key moving averages, with $2,170–$2,210 acting as the major support area.
The U.S. midterm elections are an important event this week as markets assess the potential implications for crypto regulation, fiscal policy and broader risk sentiment. Some increase in short-term volatility is possible around the results.
Beyond the elections, upcoming U.S. economic data will remain important for crypto, particularly through its impact on interest-rate expectations, the dollar and overall risk appetite.