Market Analysis: Where is the Crypto Market Heading Next?

The crypto market has been showing impressive strength over the past few weeks. $BTC recently surged past key resistance levels, approaching the psychological barrier of $100K, while altcoins like $ETH and $BNB followed closely behind. This rally seems driven by a combination of institutional adoption, ETF excitement, and growing retail FOMO.

At the same time, we’re seeing major developments in stablecoins, with $USDC and $USDT maintaining strong positions despite regulatory challenges. Meanwhile, DeFi tokens and Layer 2 solutions are gaining momentum, reflecting the market’s appetite for scalability and innovation.

However, it’s crucial to stay cautious. RSI levels on many charts are flashing overbought signals, and funding rates on futures platforms are heating up — both signs that a correction may be near. Smart traders are balancing exposure with stablecoins and watching key support levels like $BTC at $95K and $ETH at $4,800.

What’s your strategy in this market? Are you buying the breakout or waiting for a pullback?