Overview

• Bitcoin remains resilient, hovering around $104,000, as traders consolidate gains from a multi-week rally driven by macroeconomic optimism.
• Altcoins, including Dogecoin, Cardano, Solana, and Ethereum, experience sharper corrections, with declines ranging from 3% to over 5%.
• The Fear & Greed Index has entered the ‘Greed’ zone, indicating elevated sentiment levels that often precede market pullbacks.
• Institutional activity remains robust, with spot Bitcoin ETFs seeing significant inflows and Coinbase's upcoming S&P 500 inclusion expected to drive further interest.
• Analysts describe the current pullback as a healthy correction within a broader bullish trend, with Bitcoin's $100,000 level serving as key support.