Ethereum (ETH) Rallies 4% as Bitcoin (BTC) Struggles at $111K

• Bitcoin struggles near $111K support as declining volume signals weakening momentum
• Ethereum sustains bullish momentum with $4,500 acting as a strong defense zone
• Diverging price trends show Bitcoin consolidation while Ethereum eyes potential breakout

The cryptocurrency market is showing a tale of two narratives, with Bitcoin struggling to defend crucial support levels while Ethereum builds on bullish momentum. 

The split highlights how traders are weighing consolidation in Bitcoin against a potential breakout in Ethereum. This comes just after a day when institutional confidence returned with a combined $663 million ETF inflow to suggest big money is still very active.

What Are the Key Levels to Watch for Bitcoin?

Bitcoin’s price sits just above $111,000 after slipping from the day’s $115,000 high. The decline underscores the persistent selling pressure that continues to cap upward moves. Throughout the session, several minor bounces failed to gather strength, suggesting that buyers remain hesitant at higher levels.

Significantly, the $111,000 zone has emerged as immediate support. A breakdown beneath this threshold could invite a test of the $1…

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