After experiencing a DRAMATIC growth for ETH and BTC, which has surpassed the psychological barrier of 100K, hopes for a RECOVERY are starting to spark

The resistance level of 109K for BTC is now just 5K away. If it respects technical analysis and then reverses, it would be a DISASTER for Altcoins. However, it has gone crazy many times before, so it's unpredictable.

Looking at the weekly candles, for some coins, we will see that only a few have touched the mid BOL indicator, while strong ones like #PEPE SUI FLOKI… have just reached it, while the majority are still aiming for the mid BOL.

Personally, I hope that Altcoins can at least aim for the mid BOL on the weekly candle. If it rises like it did in November 2024, that would be even better.