The crypto market starts the new week on a more cautious tone. Bitcoin is stabilizing around $118K, showing signs of consolidation after last week’s record run. Meanwhile, attention is rapidly shifting towards Ethereum and a select group of altcoins as traders look for the next wave of volatility.
📊 1. Bitcoin Consolidation Phase
After reaching an all-time high near $119K, Bitcoin is trading within a tight range between $117K–$118.5K.
Key signals:
ETF inflows remain strong, but are slowing after last week’s massive $4.5B surge.
Short-term traders eye $120K as major resistance and $115K as immediate support.
Funding rates on futures are stabilizing → possible volatility squeeze incoming.
🟣 2. Ethereum Shows Resilience
Ethereum (ETH) is holding firm above $2,950, with repeated tests of the $3,000 psychological level.
Notable drivers:
Growing ETF demand after Bitcoin’s success.
Institutional interest expanding via EigenLayer restaking and L2 adoption.
Analysts point to $3,300–$3,500 as the next medium-term target.
🟢 3. Altcoins Starting to Rotate
While majors consolidate, certain altcoins are already attracting new capital:
Solana (SOL) stays strong above $150, with solid ecosystem growth.
#WCT (WalletConnect Token) gains attention with +9% in the past 24h.
Early rotations observed in zkSync (ZK), AI tokens, and real-world asset (RWA) narratives.
DeFi TVL is up +3% this week, suggesting quiet accumulation.
🧭 4. Market Outlook This Week
• Macro backdrop remains bullish — markets await U.S. CPI data on Thursday.
• Potential rotation play → Alts tend to shine when BTC consolidates.
• Key levels to watch → BTC: $115K/$120K, ETH: $2,950/$3,100, SOL: $145/$160.
💡 Final Take
The market feels like it's shifting gears.
Bitcoin rests after a record-setting week, while ETH and altcoins quietly build momentum.
This could be the calm before the altseason storm.
Are you preparing your positions before the next breakout?
#Bitcoin #Ethereum #Altseason #CryptoSignals #BinanceSquare #CryptoMarket #WalletConnect
