Bitcoin Holds, Altcoins Stir: Are We on the Verge of a Market Rally?

Watching the charts over the past few days, I noticed Bitcoin breaking above its 21-day EMA and holding it as support for four consecutive days. That alone was a strong early signal, but the momentum didn’t stop there. BTC then pushed past the 50-day EMA and is now testing a key resistance level around $93.4k. If it manages to close above this level, the next major resistance I’m watching is at $106k. The market sentiment is also starting to shift, while the Fear and Greed Index is still in “fear,” it’s no longer “extreme fear,” which feels like a subtle green light for a potential uptrend over the coming weeks.

Turning to altcoins, the story is similar but on a larger scale. The total market capitalization of altcoins has already broken both the 21-day and 50-day EMAs, and it is now testing the $610–$611 billion resistance zone. If this level gives way to the upside, I expect we could see a broad altcoin rally.

Meanwhile, BTC dominance is consolidating, suggesting that while Bitcoin continues to lead the way, altcoins may soon find their own momentum. Overall, the charts and sentiment are pointing toward the possibility of a sustained uptrend across the market in the near term.