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Are you watching BTC's movement? It has risen quite a bit these days and is now trading around 77k. Along with it, ETH also moved, but not as much as expected. The thing is, only the big coins are really going up, the rest are lagging behind. Solana trying to reach $85, XRP a bit stagnant, but some altcoins like ZEC, AAVE, and even PEPE are giving their gains.
What stands out most is that the scenario is quite controlled. The perpetual funding rates are positive but without the usual overleverage, you know? It's like that Goldilocks everyone talks about — not too hot, not too cold. The analysts I follow (, like those from FxPro bonus insights ), are saying that if Bitcoin can hold above 74k without the funding going crazy, we might see bigger moves upward. Some are talking about the possibility of reaching 87k, 90k, where the 200-day moving average is.
But look, the market’s range is still weak. Only about 51 of the top 100 coins are following BTC’s movement. That’s a sign that the rally isn’t yet a consensus among everyone. The dollar is falling, which helps risk assets, but before celebrating a strong rally, the market might need a longer consolidation period to confirm if this is real demand or just passing news.