Bitcoin continues to wrestle with the critical $95,000 resistance level, while altcoins flash strong breakout signals, suggesting an upcoming shift in market momentum.
Bitcoin (BTC) closed at $95,630—its highest daily close so far—but failed to break cleanly above the $95K barrier for the fifth time. Despite strong RSI and OBV support, daily trading volume has slipped below the $2.1B average, highlighting hesitation among bulls.
BTC remains firmly above the TBO Cloud, maintaining a bullish structure. However, bearish divergence alerts on the 4-hour chart and softening volume hint at a possible pullback unless a decisive breakout above $95K occurs.
The Bitcoin Dominance (BTC.D) index is now showing signs of weakness, flashing its first TBT Bearish Divergence Cluster in weeks. Meanwhile, OTHERS.D—which tracks altcoin market share—is printing TBO Close Shorts, signaling potential for a large altcoin rally.
This shift suggests that capital may soon rotate from BTC into altcoins. Still, if stablecoin dominance rises alongside a BTC pullback, it could temporarily cap gains across the altcoin sector.
While TOTAL and TOTAL3 charts remain bullish, key indicators like RSI are failing to make higher highs. BVOL7D, which measures volatility, is approaching a low volatility “Bounce Zone”—a pattern often seen before major moves.
Bitcoin is at a crossroads—a close above $95K could launch a rally toward $100K, but failure to do so risks a retracement to lower support zones. Meanwhile, altcoins are preparing for a breakout, and signs of capital rotation are becoming clearer.
Traders should remain cautious but flexible. Watch for confirmation of altcoin momentum and manage risk by scaling into strength.
📍 For daily technical insights and crypto updates, visit www.dailyforex.pk
GBP/USD edges higher toward 1.3450 as dovish Fed comments support the Pound, despite mixed UK…
Bitcoin approaches record highs, Ethereum targets the $4,000 mark, and Ripple (XRP) hits a new…
EUR/USD climbs past 1.1600 as the Fed’s dovish stance calms market nerves, boosting demand for…
EUR/JPY holds above the 100-day EMA, maintaining bullish momentum, though overbought RSI levels suggest a…
Gold (XAU/USD) rebounds off key support, with bullish momentum building as traders watch for further…
USD/JPY and AUD/USD remain sensitive to Fed and BoJ policy signals, while US market sentiment…