The crypto market is currently in a consolidation phase, with Bitcoin hovering around key resistance zones. While BTC remains range-bound, several altcoins are gaining momentum, signaling possible rotation in capital.
๐ธ BTC/USD: Stuck between $58Kโ$62K. Traders are watching for a breakout confirmation.
๐ธ ETH/BTC: Slight uptick suggests potential shift of dominance to altcoins.
๐ธ AI tokens, L2s, and DeFi coins are showing strong volume spikes.
Key Takeaway:
This is not a time to chase pumps. Stay patient, watch for breakouts with volume, and manage your riskโespecially with altcoin setups.
๐ Pro Tip:
Always track Bitcoin Dominance Index (BTC.D) โ it's your best friend when timing altcoin entries.
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