Bitcoin Fall Back to $118K; Altcoins Dey Drop Because People Dey Take Profit
Bitcoin don fall komot to about $118,000 after e climb reach $123,000 but e no fit break the $120,000 resistance. This pullback clear more than $100 billion from the crypto market cap, wey drop from $4 trillion go $3.94 trillion. Bitcoin dominance fall comot below 60%. Major altcoins dem kaput too: Ethereum drop from $3,700 to under $3,600, XRP from $3.6 to $3.4, and SUI, ADA, SOL, LINK, XLM plus HYPE dem see serious falls. DOGE and ETC no follow the trend. Curve DAO Token (CRV) lead the weekly loss, down 9.94% to $0.9520 after e do 50% rally. FARTCOIN, Sonic, SUI and Litecoin dem also retrace. High trading volumes on CRV ($493 M) and SUI ($2 B) mean sey people still dey interested. The gap between Bitcoin stability and altcoin weakness show say capital rotation dey and people dey cautious. Traders suppose dey watch Bitcoin key resistance and support levels. Dem suppose also dey check liquidity and volume trends. Strategic risk management dey recommended make dem fit waka through any more altcoin pressure.
Bearish
Bitcoin no fit hold di gains wey pass $120,000 plus e way e con fall back go $118,000, join with $100 billion market cap wey drop and di koko di sell altcoins well well, e mean say for short time, beta things fit happen. Di way e kolo for di main resistance points show say people dey take profit and traders dem just dey careful. Even though CRV and SUI get high volume wey show people still dey interested, di difference between how Bitcoin steady and how altcoins dey shake mean say if Bitcoin no fit get back im important levels, e fit go down again. For long time level, if Bitcoin fit hold above main support, e still get small stability but traders shuld dey manage risk and dey look out for fresh buying signs.