Price has bounced cleanly from the rising trendline, showing buyers are still defending the structure. Now, all eyes are on the key horizontal resistance overhead.
A decisive breakout and reclaim could open the door for the next upside move.
Until then, the trendline remains the key level to watch for continuation.
Glassnode’s latest Altcoin Cycle Signal has flipped higher, moving back into the zone historically associated with stronger altcoin activity.
What stands out is the timing:
➜ BTC has been consolidating after its recent drawdown ➜ The signal has climbed back toward the upper range ➜ Historically, similar shifts have coincided with periods where altcoins began outperforming Bitcoin
This doesn’t confirm an altseason on its own.
But if the signal continues to strengthen while BTC maintains a stable structure, the market could be setting up for a meaningful rotation of liquidity toward altcoins.
$BTC is testing a major breakout zone after reclaiming the $82K–$83K resistance area.
Price is now consolidating above the reclaimed level, keeping the structure constructive. The key is whether BTC can hold this zone on a retest and turn it into strong support.
A clean hold could strengthen the continuation setup toward the next major resistance, while losing the zone would weaken the breakout structure.
$HBAR is finally breaking free from its upper resistance zone.
The breakout is backed by strong momentum and noticeable volume, giving the move much more weight than a simple resistance wick.
But I’m not chasing the breakout here.
The key level to watch is the reclaimed resistance. If $HBAR pulls back, retests this zone, and successfully flips it into support with bullish confirmation, that could offer a much cleaner setup.
Breakout ➩ Retest ➩ Confirmation
That’s the structure I’m watching before considering the next move.
$GRT is back at a key horizontal support, and this is the level that matters most.
A successful hold here keeps the bullish structure intact and opens the door for another leg higher. Let the support prove itself before chasing the move.