Bitcoin pulls back as $75,000 remains 'both the milestone and the ceiling'

Bitcoin is struggling to break and hold above the key $75,000 resistance level while ether, solana decline. What to know : Bitcoin is struggling to break and hold above the key $75,000 resistance level, with recent price volatility driven in part by market makers rebalancing their exposure. Major altcoins such as ether, XRP and solana are sliding alongside bitcoin, even as easing geopolitical tensions support broader risk assets. Derivatives data show heavy but evenly split liquidations and position unwinding rather than fresh bearish bets, while speculative extremes in tokens like RAVE and M point to crowded trades and the potential for sharp squeezes in either direction.(Coindesk)