#BTCBreaksATH $BTC #SpotVSFuturesStrategy I’ve been tracking ATOM closely, and yesterday it made a solid move—rising about 3.9%, climbing from around $4.20 to a high near $4.36 before settling around $4.33 . What really caught my attention was how it decisively broke through the $4.31 level, signaling strong bullish momentum in late trading on July 9 .
Volume spiked to roughly 165% above the daily average, which I saw as a clear sign that buyers were stepping in aggressively . After the breakout, ATOM entered a consolidation phase between $4.31 and $4.35. This pause, coupled with declining volume, suggests to me that it’s taking a breather before deciding on its next big move .
It’s also interesting that this bullish action comes on the heels of bitcoin hitting a new record high north of $112,000—so the broader market optimism seems to be spilling over to altcoins like ATOM .
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In my view: That consolidation is meaningful—it shows institutional traders might be reevaluating their positions before potentially pushing it higher. If volume picks up again and it decisively breaks above the $4.35–4.36 ceiling, I’ll take that as a signal for another leg up. For now, the $4.31–$4.35 zone feels like an important battleground to watch.
