While Bitcoin stays around the $78K zone, some altcoins are showing strong momentum today. DEXE, NIL and ONG are among the notable outperformers in Binance’s latest market update. 📊
The big question: Is this the beginning of a stronger altcoin rotation? 👀
Bitcoin is showing strong bearish momentum, currently down around 1.71% on the chart. The price action is making lower highs and lower lows, indicating continued selling pressure. Short-term buyers should watch for a clear support zone and reversal confirmation before entering. If selling pressure continues, BTC could test lower levels; a strong bounce could signal a short-term recovery. Stay patient, manage risk, and don’t chase the move.