As the crypto market reacts to geopolitical tensions, Bitcoin (BTC) briefly surged past $100,000 before retracing. However, concerns over Trump’s Iran policies and their potential impact on energy prices raise questions about crypto’s short-term trajectory. What are analysts predicting for FLOKI, Ethereum (ETH), and the broader altcoin market?
Ethereum and FLOKI Outlook
Investors expecting ETH to retest the $3,900 resistance were instead met with a sharp drop to $2,000. Currently, Ethereum is battling to reclaim $2,900, but while BTC has recovered quickly, most altcoins remain sluggish, exacerbating negative market sentiment.
Crypto analyst Crypto Fella shared his thoughts on Ethereum’s potential:
“Ethereum rebounded as expected. This was a huge opportunity. Now it’s time for ETH to show its real strength. I believe we will see new highs in the coming months.”
If ETH leads the way, a broader altcoin recovery could follow, signaling a long-awaited reversal.
Meanwhile, FLOKI remains one of the most talked-about meme coins. However, newer investors appear to be focusing on riskier assets. Crypto trader Moustache highlighted a strong bullish signal on the FLOKI chart, suggesting renewed momentum not just for FLOKI but for the entire altcoin market:
“FLOKI. Look at this beautiful chart. A descending triangle just below the previous all-time high. This could be a game changer.”
Bitcoin and the Broader Crypto Market
Despite the latest rally, many altcoins are still trading near last year’s lows. Some investors are frustrated as Trump-related gains have failed to materialize, with several tokens slipping back to 2023 support levels. This prolonged bear phase, which has persisted for over three years, has tested investor patience.
Crypto trader TraderXO shared his insights, focusing on Bitcoin’s key support levels:
“I like the idea of BTC holding the $88K – $90K range while keeping a possible retest of the lower boundaries open. For weeks, BTC has not closed below $93K on the weekly timeframe. While I don’t fully subscribe to Wyckoff theory, a move toward $120K before a corrective phase in Q2/Q3 could present an ideal investment opportunity. However, these are just probabilities, not certainties.”
Final Thoughts
With ETH, FLOKI, and Bitcoin at key levels, investors must navigate a volatile market. While short-term corrections are possible, analysts remain optimistic about potential breakouts in the coming months.
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