Bitcoin Stalls as Altseason Rises: 5 Must-Know Insights
(Bitcoin Stalls as Altseason Rises) Altcoins dominate as Bitcoin consolidates below $120K. Fed talks, BTC liquidations, and altseason trends shape the week’s crypto market outlook.
Bitcoin Pauses as Altcoins Take the Lead (Bitcoin Stalls as Altseason Rises)
Bitcoin struggles to hold momentum near $119K as altcoins surge in popularity, drawing attention from traders betting on stronger short-term gains.
Altcoin rally gains steam while Bitcoin stays in range-bound mode, sparking fears of a pullback after touching the $123K all-time high recently.
Analysts see reduced enthusiasm around BTC, with key resistance capping price movement and market makers building short positions quietly.
Whale behavior and increasing BTC reserves on exchanges hint at possible profit-taking ahead as investor appetite begins to shift.
Market sentiment leans neutral as BTC fails to push higher; downside liquidations could drive the price toward the $114K CME gap target.
CME Gaps and BTC Correction Risks Grow
Sunday’s weekly close brought volatility as Bitcoin dipped below $116K before bouncing back—filling yet another CME gap post-futures open.
Multiple weeks show BTC closing CME gaps quickly, reinforcing traders’ trust in market efficiency but also raising correction warnings.
Fig 1.1 : source : cointelegraph.com
Popular trader CrypNuevo highlights upper wicks with no gains—a classic trap sign as market makers potentially eye short builds and stops.
A large liquidation cluster at $115.3K grows more relevant, aligning with an unfilled CME gap at $114K, increasing downside pullback risks.
Without strong buying pressure, BTC could swiftly dive to fill gaps and trigger liquidations before the next leg higher materializes.
Fig 1.2 : source : cointelegraph.com
Modest BTC Targets as Q4 Rally Eyed (Bitcoin Stalls as Altseason Rises)
Bitcoin’s consolidation below ATH levels isn’t all bad news—many see it as a pause before a fresh rally that could lead to a final cycle top.
BitBull predicts $130K as a local top, followed by a final surge above $160K in Q4 2025—driven by post-consolidation bullish momentum.
Fig 1.3 : source : cointelegraph.com
Other analysts expect tops near $137K or $145K, while Kalshi crowd forecast averages around $124K, showing a balanced outlook this cycle.
Rekt Capital maintains that BTC could hit its cycle top in 2–3 months as historical patterns support late-year parabolic advances.
Consolidation lets altcoins breathe and outperform, building a setup where Bitcoin leads again after brief sector rotation in crypto markets.
Fig 1.4 : source : cointelegraph.com
Fed Chair Powell to Speak Amid Rate Drama
Markets brace for Jerome Powell’s speech as political pressure mounts to cut rates, yet data keeps showing strong inflation and GDP growth.
Trump’s criticism and firing rumors add noise, but the White House denies them; Powell remains firm on his hawkish monetary stance.
Fig 1.5 : source: cointelegraph.com
CME FedWatch Tool sees July rate cut odds at just 5%—September remains 50/50 as economic data complicates future rate cut possibilities.
15% of S&P 500 earnings drop this week, and traders watch for hints about tariffs, inflation, and monetary direction post-FOMC meeting.
Mosaic Asset warns of little relief ahead; inflation data keeps rate cut hopes faint, stalling bullish risk asset momentum like crypto.
Fig 1.6 : source : cointelegraph.com
Altseason Steals the Spotlight in July
Ethereum and XRP paved the way last week; now smaller caps are starting to break out as Bitcoin dominance plunges toward March lows.
From 66% to nearly 60%, BTC dominance collapse is historic—analysts confirm a real “altseason” may be playing out after months of buildup.
Fig 1.7 : source : cointelegraph.com
Rekt Capital sees BTC’s sideways action as a money flow trigger toward alts; market rotation is now driving explosive altcoin movements.
Henrik Zeberg declares altseason officially started as traders rotate funds into altcoins showing higher short-term potential than BTC.
Michaël van de Poppe sees strong upside for alts in the next six months, despite short-term volatility possibly shaking out weak hands.
Fig 1.8 : source : cointelegraph.com
Exchange BTC Reserves Signal Profit Moves
Crypto Quant reveals BTC reserves at exchanges are rising, indicating investors might be preparing for profit-taking or hedging alt rallies.
This behavior typically aligns with weakening buy pressure; if inflows continue, BTC may face correction risks before breaking $130K again.
Fig 1.9 : source : cointelegraph.com
Whale deposits also climbed, from $28B to $45B in days—yet still far from the $75B levels seen during past cycle tops and corrections.
While not yet at panic level, the trend shows profit-taking is underway—watch closely for signals of whale selloffs in the coming weeks.
As long as macro uncertainty and rate fears linger, BTC may stay suppressed while altcoins continue to rally in a new bullish phase.
Fig: 1.10 source: cointelegraph.com