The crypto market has thrown up another mystery. After a powerful move this week, many started opening short positions, expecting a pullback. But are we stuck in a sideways market, or are the whales simply accumulating liquidity ahead of a crushing surge upward?

Let’s break down the technical picture using the market’s main triggers.

1. Bitcoin holds a key block

The leading cryptocurrency $BTC is showing remarkable strength. Sellers’ local attempts to push the price below an important support zone were immediately bought up. A strong bullish pattern is forming on the four-hour timeframe.

* Idea: If we hold the current level, the next stop is a new local high. A downward squeeze is possible only to collect long traders’ stop-losses.

👉 See the latest order book and trading volumes under the tag: BTC

2. Is Ethereum gearing up for a comeback?

While everyone’s attention is focused on the leading coin, $ETH is quietly forming a massive reversal pattern. Bitcoin dominance is nearing its peak, which means liquidity is about to start flowing into the leading altcoin.

* Idea: A breakout above local resistance could trigger a powerful short squeeze, driving the price to targets that even the “bears” are afraid to think about.

👉 Check the Ether chart and volumes here: ETH

3. Solana — the ultimate FOMO generator

The $SOL token continues to be the most dynamic asset among the heavyweights. Activity on the Solana network (thanks to memecoins and DEXs) is breaking records. Technically, the coin is tightening into a classic ascending triangle. The breakout from this pattern is usually extremely impulsive.

* Idea: Any deep drop in Solana is currently seen by major players as an oversold zone for building long-term positions.

👉 View the one-minute chart and volatility: SOL

What should traders do?

The market is extremely volatile, and going all-in with high leverage is a guaranteed liquidation. Look for entry points after a confirmed breakout of key levels, or calmly buy local dips.

What do you think? Will we see further gains this week, or is it time to take profits? Share your thoughts in the comments! 👇