Bitcoin ($BTC
) has shown strong bullish momentum recently, breaking through the key 1033–1055 consolidation zone. All short positions in the 105.8K–106.3K range have now been liquidated, indicating market strength. However, traders should closely watch the 1065 resistance level this evening. If BTC fails to break above this point, it could signal a reversal, with a potential move downward toward the 104–103K range. A similar pattern is forming in the altcoin market, where prices are expected to head south if they remain within the 2560–2580 zone, with downside targets between 2480–2430. The market remains volatile, so managing risk and monitoring key levels is essential. Short-term traders should be cautious and prepare for potential corrections if bullish momentum fades.