Bitcoin Holds Bullish Structure Amid Profit-Taking Phase

Bitcoin maintains its bullish market structure despite entering a consolidation phase following its recent all-time high. The flagship cryptocurrency faces strong resistance at $109,588, with analysts suggesting this pullback represents healthy profit-taking after its sharp rally. Market intelligence firm Glassnode notes weakening momentum in the Relative Strength Indicator (RSI), potentially signaling a temporary pause in the uptrend.

Critical Levels to Watch in Bitcoin's Price Action

Technical charts reveal $105,453 (20-day EMA) as crucial support. A rebound from this level could signal continued bullish sentiment, potentially driving BTC toward $111,980 resistance. Conversely, breaking below $100,000 psychological support would indicate stronger bearish pressure. 【Material Indicators】 data shows whales accumulating at current levels, with $94,000 emerging as significant support.

Ethereum Forms Bullish Pattern Amid Market Uncertainty

Ether struggles to break $2,738 resistance but maintains upward pressure. The ETH/USDT pair has formed an ascending triangle pattern—a breakout above $2,738 could propel prices toward $3,153. ——Market analysts emphasize—— the 20-day EMA at $2,467 as critical support, with a break below potentially triggering a drop to $2,111.

Altcoin Market Shows Mixed Signals

XRP trades flat between moving averages ($2.24-$2.33), lacking clear directional momentum. BNB's failed breakout attempt at $693 keeps its ascending triangle pattern intact, while Solana consolidates between $169-$180. Dogecoin tests support at $0.22 (20-day EMA), with $0.21 representing make-or-break support.

Emerging Tokens Face Critical Tests

Cardano's inverse head-and-shoulders pattern remains valid above $0.70 (50-day SMA), while Sui shows bearish tendencies below $3.66 (20-day EMA). Hyperliquid breaks below $35.73 support, potentially testing $30, and Chainlink struggles to gain momentum above $15.66 despite holding pattern support.

Market Outlook: Consolidation Before Next Move

The cryptocurrency market appears to be consolidating after recent gains, with most major assets testing key support levels. ——Technical analysts suggest—— this phase could establish foundations for the next upward movement, provided critical support levels hold. Traders should monitor 【whale accumulation patterns】 and exchange flow data for early signals of market direction.