Bitcoin (BTC) is stalling below a key resistance zone of $120,000–$123,000, while altcoins like Ethereum (ETH), Solana, and XRP drive a bullish crypto rally, with ETH up 3.75% recently, per Coinpedia. According to CoinGecko, Bitcoin’s dominance decreased by 0.62% to 61.29%, a classic sign of altcoin season. The total altcoin market cap (excluding BTC and ETH) hit $1.02 trillion, breaking a falling wedge pattern, mirroring 2017’s pre-altcoin surge, per bitcoinethereumnews.com. X posts from @AlvaApp note BTC’s pullback after a $123,000 ATH, with social metrics hinting at a temporary cool-off.
Historically, BTC leads market cycles, followed by ETH and then smaller altcoins, per Coinpedia. BTC’s current sideways movement, with RSI cooling from overbought levels (now 62), suggests room for upside but faces resistance at $123,000, per TradingView. According to CCN, a cup-and-handle pattern suggests a long-term aim of $153,000, although a brief decline to the liquidity-rich zone of $116,700–$117,000 is feasible. Meanwhile, ETH’s 8.39% gain in the ETH/BTC ratio and a bull flag breakout, per CCN, highlight its outperformance, driven by DeFi and ETF inflows of $383 million weekly, per CoinGape.
Altcoin growth is fueled by the GENIUS Act’s stablecoin clarity and possible altcoin ETF approvals by late 2025, according to bitget.com. ETH broke $3,400, with a 78.6% Fibonacci target of $3,525, per fxstreet.com, while XRP ($3.48) and Solana ($197.50) surged 23% and 12%, per CoinMarketCap. The Altcoin Season Index rose to 43, per Decrypt, nearing the 75 threshold for a full altcoin season. However, BTC’s $2.3 trillion market cap and 61% dominance, per CoinGecko, suggest a plateau rather than a sharp drop, per Grayscale’s Zach Pandl. A BTC rally above $123,000 could delay altcoin gains, per beincrypto.com.
BTC investors should watch the $120,000–$123,000 resistance and $116,700 support, per TradingView, with a breakout eyeing $153,000. ETH holders could see $4,000–$4,500 by Q4 if ETF and DeFi momentum holds, per Brave New Coin. Diversify into Solana, XRP, or Cardano to capture altcoin upside, but monitor BTC dominance via CoinMarketCap. According to Tangem, cryptocurrency season may get more intense if dominance drops below 60%. Stay cautious of volatility from US tariffs or Fed rate decisions, per crypto.news, and track on-chain flows via CryptoQuant for whale activity.
