Bitcoin (BTC) and Ethereum (ETH) are currently experiencing consolidation and testing phases in their price movements. Bitcoin is hovering below a key daily resistance level, undergoing a retest of its previous support, which analysts describe as a retest of the lower high and range low acting as support. Despite some market perception that Bitcoin has broken down from its trading range, it has not, and the retest is ongoing. Ethereum is showing signs of bouncing and attempting to confirm support levels, with efforts to clear resistance areas. The altcoin market is reacting to Bitcoin's price action, reflecting cautious sentiment amid these technical tests.