The crypto market isn’t taking a break — it’s like a bird set free. After months of bearish sentiment, almost every altcoin has confirmed a momentum shift from bearish to bullish by breaking above a major high. This is the bullish leg we’ve been waiting for, and here’s what to expect next week.
7 Days Heatmap
The crypto heatmap is greener than ever, with ETH surging over 50% last week and another 18% so far this week. This optimism is fueling altcoins to surge like never before.
BTC Analysis
As mentioned in our last BTC update, it is currently hovering around its all-time high zone.
For the bulls to stay in control and extend the major bullish leg, a break above the $109,500 mark is needed.
Meanwhile, if BTC breaks below the $100,000 round number, a bearish correction toward the $88,000 zone would be expected.
ETH Analysis
As per our last ETH analysis, it broke above the $2,500 resistance, which is now acting as support.
As long as the lower bound of this support at $2,400 holds, a bullish continuation toward the $3,000 round number remains possible.
Meanwhile, if the $2,400 support level is broken, a bearish correction toward the $2,100 support zone would be expected.
Quote of the week
Learn to take losses. The most important thing in making money is not letting your losses get out of hand.
~ Marty Schwartz
Closing Remarks
In summary, the crypto market has entered a strong bullish phase, with altcoins breaking key highs and ETH leading the rally—up 50% last week and 18% this week.
BTC is hovering near its all-time high, with $109,500 as the key breakout level for further upside. However, a drop below $100,000 could trigger a correction toward $88,000.
Similarly, ETH remains bullish above $2,400, targeting $3,000, but a break below this level could lead to a pullback toward $2,100.
