Bitcoin is currently hovering around $75,000, showing signs of consolidation as it struggles to break through this key resistance level. Avinash Shekhar, co-founder & CEO of Pi42, noted that the price action reflects a lack of decisive breakout, despite supportive global cues. The cryptocurrency recently approached $76,000 before retreating to approximately $73,900, indicating strong resistance. The broader crypto market, including Ethereum and XRP, remains range-bound, suggesting a cautious wait-and-watch approach from investors. Institutional interest is evident, with Tether reportedly accumulating around $70 million in Bitcoin, raising its total holdings to over 97,000 BTC. Experts advise investors to maintain discipline and avoid chasing price spikes, recommending staggered buying to navigate the current sideways market effectively. With ongoing developments in Ethereum, including a $3 billion partnership aimed at improving blockspace efficiency, the market's focus remains on long-term strategies as Bitcoin stabilizes for its next move.