After three strong weeks of upward movement, not much has changed in my $BTC trading plan.
As of now, I still haven’t seen any meaningful spot buying volume stepping in to support the price. Most of the current activity is still driven by perpetuals, which usually leads to a period of consolidation. That’s pretty much what we’re seeing — a range forming until real momentum shows up to break it in either direction.
Altcoins are in a similar spot. A lot of the ones that had big moves recently are now just chopping sideways. Some are already starting to roll over — names like $LAYER $OM and $PUMP are showing signs of weakness.
Narrative plays like $Turbo, $Fartcoin, and $Memefi are also stuck in ranges and could easily break down further unless spot buyers step in soon.
Overall, the altcoin market still looks fragile. Bigger names like Optimism, Jito, and Compound have retraced all the way back to their lows. That said, these are the three I’m watching for potential long setups — but only if we see clear signs of accumulation.