Bitcoin Must Hold $110K or Altseason Ends – BTC, ETH and Top Altcoin Forecasts
Bitcoin opened the week with a drop to its key support at $110,530 amid heavy whale selling, but bulls have so far held the level. Net outflows of $1 billion from Bitcoin ETPs contrast with $2.5 billion inflows into Ether products month-to-date. Analytics firm Arkham reports a whale offloading 22,769 BTC into Hyperliquid while ramping up ETH spot & long positions. Conversely, MicroStrategy added 3,081 BTC for $357 million, raising its holdings to 632,457 BTC.
Across the top 10 crypto assets, technicals show Ether and BNB still in strong uptrends, while Bitcoin risks a break below $110,530 that could trigger a slide to $100,000. BTC recovery faces resistance at the 20-day EMA near $115,600, while a break above $117,500 would cement a $110,530–$124,474 range. Ether’s pullback may test the 20-day EMA at $4,350 before bulls target $5,000–$5,500. XRP eyes a descending triangle break at $2.73, BNB a $900 pivot en route to $1,000, and Solana an ascending triangle breakout above $210 toward $240–$265. Dogecoin is confined to $0.21–$0.26, Cardano must clear $1.02 to resume its rally, and Chainlink needs a push over $27 to reach $31.
Neutral
The report highlights a critical Bitcoin support at $110,530 under pressure from whale sales but notes strong technicals for Ether and major altcoins. Mixed flows—Bitcoin outflows versus Ether inflows—and divergent trading signals suggest no clear directional bias short term. A decisive break above or below key levels will determine momentum. Historically, Bitcoin’s failure to hold crucial supports (e.g., $20k in 2021) triggered extended corrections, while Ether inflows often presage altcoin rallies. Traders should watch the $110K–$117.5K zone for BTC and the 20-day EMAs for major altcoins to gauge the next trend.