Bitcoin suggest further upside potential.
The bullish momentum appears robust, indicating a possible continuation of the upward trend.Altcoins: Altcoins are currently stagnant, showing little movement.
This flat performance may be attributed to retail investors' trauma from the 2021 cycle and recent market volatility, such as tariff-related concerns, which have likely dampened enthusiasm and participation.
Dogecoin (DOGE): On the 960-minute timeframe, DOGE is demonstrating strong demand, particularly if the price dips lower.
Currently, the price is retesting the recent breakout level.
The chart shows a support zone around the 0.02073 level and a descending trendline resistance being tested. If DOGE holds above the support and breaks above the trendline, it could signal a continuation of the breakout.
To end the analysis, the chart shows on the 60 min an immediate reverse head and shoulders pattern, very bullish on both the short and medium term.
However, a failure to hold support might lead to further downside.