🔥 Altseason Ignites as Bitcoin Cools Below $120K! 🔥
#Altseason #Bitcoin #Ethereum #CryptoNews
🟠 BTC consolidates at $119K, eyeing possible dip to $114K CME gap, as traders brace for volatility.
📉 Bitcoin dominance crashes from 66% to near 60% — steepest drop in 4 years!
🚀 Altcoins on fire:
$ETH ETPs saw $2.12B in inflows just last week
$6.2B+ ETH inflows YTD — already beating 2024 totals
$ETH surges past $3,500, leading the charge
💼 Institutions are going heavy on Ethereum, signaling rising confidence in its long-term value.
⚠️ Whales are taking profit:
Exchange BTC reserves rise
Whale inflows spike from $28B → $45B (July 14–18)
This hints at a possible distribution phase.
🗣️ All eyes now on Jerome Powell’s speech Tuesday.
Will the Fed offer clues on future rate cuts? Crypto markets are listening. 👂
📊 While the altseason is real, caution is key:
CME gaps
Whale moves
Macro uncertainty
💬 “Altcoins may rule for now, but volatility is king.”
Stay smart. Stay alert. 🚀📉
