Bitcoin is currently in a consolidation phase, aiming to break above 122,960 USD to confirm upward momentum. Ethereum has shown strong performance, supported by robust ETF inflows, and is on track to test significant resistance levels. Institutional adoption is likely to grow as regulations mature.
Investors should watch for Bitcoin’s movement around 122,960 USD and Ethereum’s performance against BTC. Maintaining key support levels will be crucial for a sustained altcoin recovery. The total altcoin market cap is testing critical resistance, signaling potential growth if breakout levels are sustained.
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