BTC steady near $120K — institutions watching, alts warming up
Market snapshot: Bitcoin is holding close to $120K while Ether has regained momentum, and overall market risk appetite is increasing as BTC dominance slips. Binance’s new custody arrangement with BBVA signals growing institutional trust and may encourage larger capital flows into crypto markets.
What to watch now:
• BTC: price holding; look for continuation above $118K for bullish confirmation.
• ETH & DeFi: renewed strength — monitor on-chain activity for real accumulation.
• Alts & Memes: momentum is broadening — SOL, BONK, LILPEPE / PENGU are drawing community attention and on-chain volume spikes.
• Macro: equity strength and softer dollar dynamics are supporting risk assets; keep an eye on macro headlines.
Market call (professional): Stay risk-managed. If you’re swing-trading alts, prefer names with clear liquidity and active on-chain metrics; set defined stop-losses and size positions to limit downside.
Drop one alt you’re watching this week — top 3 answers I pin and comment on with specific entry/stop ideas.
