The digital asset market opened the week with mixed signals, as Bitcoin and Ethereum show resilience, while key altcoins like Cronos (CRO) and Toncoin (TON) flash early signs of potential selloffs. Traders are now watching closely for trend shifts that could define the trajectory of major tokens in the days ahead.
Cronos (CRO) and Toncoin (TON) are under pressure after falling below critical ascending trendlines—often a bearish signal indicating weakening momentum. Both altcoins are now at risk of a potential double-digit price correction this week.
According to Santiment’s Supply Distribution data, large holders appear to be offloading CRO tokens. Wallets holding between 10M–100M CRO have collectively reduced their holdings from 1.15 billion to 1.04 billion between Thursday and Tuesday, suggesting major wallets are taking profits or exiting positions.
Without strong buying support or trend reversal signs, CRO and TON may continue to slide deeper into correction territory.
After a volatile start to the week, Bitcoin (BTC) is trading back above $107,000, recovering from a brief dip toward $106,000. The bounce comes after a 1.14% gain on Monday and has helped reignite momentum in the DeFi sector.
Tokens like Pendle (PENDLE), Aerodrome Finance (AERO), and Uniswap (UNI) posted impressive gains, riding on Bitcoin’s rebound. BTC’s 4-hour chart shows a long lower wick, suggesting strong buying interest around $106,143—a level now acting as a key support.
If Bitcoin can maintain support above $107K, it may fuel a broader altcoin recovery, especially in the DeFi space.
Ethereum (ETH) saw a bullish turn as it briefly broke above the $2,600 level on Monday, driven by:
This drop in reserves typically indicates strong accumulation, as fewer ETH tokens are available on exchanges for selling. The move suggests investors are preparing for further upside, especially amid increasing interest in Ethereum-based ETFs.
✅ Bitcoin holding above $107K = bullish signal for short-term recovery
✅ CRO & TON below key trendlines = possible correction ahead
✅ ETH accumulation & falling reserves = strong long-term potential
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