Bitcoin 
Ethereum 
Tether 
XRP 
BNB 
USDC 
Lido Staked Ether 
TRON 
Dogecoin 
Cardano 
Bitcoin and several major altcoins have started a strong recovery, but the relief rally is expected to face significant headwinds near major overhead resistance levels.
💡 DMK Insight
Bitcoin’s recent recovery is gaining traction, but traders should be cautious of resistance levels ahead. With Bitcoin and major altcoins like Litecoin currently at $99.38, the market’s optimism could quickly turn if these assets hit resistance. Historically, such rallies often stall at key Fibonacci retracement levels or previous highs. For Bitcoin, watch the $30,000 mark as a critical pivot; a failure to break through could trigger profit-taking and a pullback. This scenario could also affect altcoins, leading to a broader market correction. On the flip side, if Bitcoin can sustain momentum and break above resistance, it could signal a new bullish phase. Keep an eye on volume trends and market sentiment indicators to gauge whether this rally has legs. The next few days will be crucial, especially as traders react to any news or economic data releases that could impact sentiment.
📮 Takeaway
Watch Bitcoin’s resistance at $30,000; a failure to break through could lead to a market pullback affecting altcoins like Litecoin.
