Bitcoin price remains rangebound ahead of the FOMC, as traders keep an eye on overhead resistance at $120,000 and several key support levels below.
Surging ETH and BNB activity, alongside shifting USDT flows, are all signals that traders are pivoting into altcoins.
Traders are betting big on Bitcoin as calm markets and record-low volatility mask the bull’s intentions.
Bitcoin prepares for an impulse move, and if the upside is taken, ETH, BNB, AVAX and PENGU could explode higher.
ETH continues to show strength with record open interest and high network activity as bulls expect an upside breakout soon.
Bitcoin needs to regain momentum with higher trading volumes for BTC to clear the next big hurdle at $120,000 and reenter price discovery.
XRP futures data shows neutral sentiment despite the altcoin’s double-digit price drop from $3.66.
Bitcoin eyes upside breakout to $122,000, but fading spot ETF flows, lack of volumes and seasonality could stall bullish momentum thereafter.
ETH price corrected at the weekly open, but futures data pinpoints the possibility of a breakout to $5,000.
SOL looks poised for a longer-term rally toward $260, but a few key changes need to happen first.