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I noticed that Bitcoin and Ethereum have returned to prices not seen since February. Interestingly, after a long period of consolidation in the 64-72k range, Bitcoin broke above that and is now trading around 77.5k, even trying to break 76k. Ethereum is also not lagging behind, rising to 2.3k — the highest in over a month.
Technically, it looks pretty good. The RSI of both assets is approaching 60, indicating strengthening bullish momentum, but there’s no overbought condition yet. This is exactly the scenario where buyers are taking the initiative. For Bitcoin, it’s critical to hold above 75-76k; otherwise, a pullback could occur. For Ethereum, the key level is 2.4k — if it breaks through, we look at 2.6k next. If not, it might fall back to 2.1-2.2k.
Overall impression: the market is shifting from boring sideways trading to something more dynamic. It will be interesting to see how this affects altcoins — for example, the price of Notecoin and other projects could gain momentum if Bitcoin continues to rise. But this still needs confirmation. If breakouts don’t happen, a prolonged sideways structure could develop.