New Records From Bitcoin, But Altcoins Remain Quiet

Yigit Taha OZTURK — Mon, 14 Jul 2025 08:00:32 +0000

The market kicked off the week with a surprising momentum. While weekends typically bring low volatility in the crypto world, this time Bitcoin defied expectations with strong upward moves. Yet, the rest of the market hasn’t quite caught up. Altcoins are still lagging, and for them to rally, we need to see a decline in Bitcoin dominance.

Bitcoin Surges, But Altcoins Struggle To Follow

Over the weekend, Bitcoin tested multiple new highs, standing out with its solo performance. While this move has excited many investors, it hasn’t yet translated into gains for altcoins. The dominance chart clearly indicates that most of the capital is still flowing into Bitcoin, not into alternative tokens.

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For altcoins to shine, Bitcoin dominance must decrease. Until then, the capital allocation across the crypto market is likely to remain uneven.

Key Technical Levels To Watch Closely

Technical analysis suggests that Bitcoin is facing only one significant resistance ahead: $122,721 — the all-time high. A breakout above this level could ignite a broader market rally.

On the downside, the nearest key support zones are at $120,656 and $119,968. As long as Bitcoin stays above these supports, the bullish trend is expected to continue.

BTC/USDT pair hourly chart.

Focus Shifts To Bitcoin Dominance

This week, market watchers are not just looking at prices but also tracking Bitcoin dominance closely. A dip in dominance could signal an incoming altcoin rally. Otherwise, Bitcoin may continue to lead the charge alone, leaving altcoins trailing behind.

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The post New Records From Bitcoin, But Altcoins Remain Quiet appeared first on Coin Engineer.

Ethereum Bounces From Support: Is $2,880 the Next Target?

Yigit Taha OZTURK — Wed, 09 Jul 2025 08:30:15 +0000

In crypto markets, technical levels can often trigger sharp reversals—and this week, Ethereum provided a textbook example. On the 4-hour chart, the 2,493 – 2,459 USD support zone held perfectly, producing a strong bounce just as expected.

Following the reaction from that level, price climbed up to the 2,697 – 2,633 USD resistance zone, reaching the short-term target outlined in our previous outlook. From a technical standpoint, that initial move has now played out successfully.

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A Breakout Could Signal the Next Move

Attention now shifts to whether this resistance zone can be broken with a confirmed close on the 4-hour chart. If such a breakout occurs, the next upside target for Ethereum could be around 2,880 USD.

For the moment, the market appears to be pausing, with traders watching closely. To validate further upside, price must break through this area decisively and with strong volume. Otherwise, we may see minor pullbacks before any continuation.

We remain on watch for now, as the technical setup continues to develop.

ETH/USDT pair 4-hour chart.