The well-known cryptocurrency analyst il Capo of Crypto has shared his latest market insights in a weekend post that is catching the attention of investors and traders alike. As Bitcoin $BTC continues to move through a critical range, Capo's analysis sheds light on what may lie ahead in this volatile market.
According to Capo, Bitcoin appears to have reached a local top between $96,000 and $98,000, suggesting a possible short-term consolidation. However, he emphasizes that as long as BTC stays above $92,000, the potential for a renewed bullish movement remains high.
Capo is particularly optimistic about Ethereum $ETH . He points out that ETH is showing strength not only in its price action but also in its performance relative to Bitcoin, signaling that Ethereum may outperform BTC in the near term.
In addition, the analyst highlights the Solana $SOL ecosystem and some other unnamed altcoins as having strong bullish potential. This aligns with recent momentum in Layer-1 ecosystems and growing interest in Solana-based projects.
Key Takeaways:
BTC local top likely between $96K–$98K.
Bullish outlook remains if BTC stays above $92K.
ETH is showing relative strength and could outperform BTC.
SOL ecosystem altcoins are showing strong bullish potential.
