Bitcoin Holds Critical Support; Altcoins Surge Amidst Tight Market Conditions

Bitcoin’s price remains entrenched near $85,000, supported by significant whale activity exceeding three times the daily supply. Ethereum trades below its historical buying zone, suggesting a potential accumulation opportunity for long-term investors. Meanwhile, altcoin market cap is breaking out of a falling wedge pattern, aiming to surpass $1 trillion. 85% of this growth has been driven by momentum from Solana.