Bitcoin remains resilient amid rising global tensions and a public conflict between Elon Musk and U.S. President Donald Trump. After the consequences in their confrontation, the market briefly retreated, which triggered political uncertainty and volatility in risky assets. Despite the decline, BTC remains above key support levels and consolidates its all-time high.
However, growing speculation is now centered around potential shifts in market dynamics. Many investors and analysts believe that Bitcoin’s advantage may have reached its peak, indicating a transition to more favorable Altcoins. According to top analyst TED Pillow, BTC’s advantage may have peaked in this cycle, with large Altcoins starting to recover quickly. Many trends are seen by many as one of the earliest indicators of a potential preseason, and altcoins outperform Bitcoin in both price and motivation.
If confirmed, this transition could mark the beginning of a new chapter in the current market cycle, with Ethereum, Solana and other major altcoins helping to attract investors’ attention. For now, Bitcoin has strong capabilities, and Altcoins Rally has laid the foundation for dynamic and potential bullish markets in the coming weeks.
Bitcoin Mergers Start Shine With Altcoins
Bitcoin stabilized at the $103,000 level after a turbulent period of global tensions, political uncertainty and a sign of increasing market volatility. The leading cryptocurrency continues to consolidate its height below its all-time high of $112,000, forming a key range between $100,000 and $109,000. As investors await a decisive breakthrough, the region is becoming a key battlefield between the bulls and bears.
Despite bearish sentiment rising U.S. bond yields and increased geopolitical noise, Bitcoin has shown resilience. The market maintains support for the above $100,000 ability reflects fundamental strength, even if the short-term momentum is getting softer. But, according to analyst TED Pillow, the next step may not come from Bitcoin at all.
Pillow notes that Bitcoin’s advantage may have peaked in this cycle, and that the large Altcoins are starting to outperform the ball. This trend historically marks the early stages of Altseason, namely AltCoins, especially Ethereum and other top projects, gain appeal and deliver higher returns relative to BTC. The strength of the big hat is usually the precursor of the wider altcoin spin, followed by medium and low-coin assets.
Although Bitcoin still attracts attention, this shift in dominance shows that investors are becoming increasingly confident in exploring opportunities for risk. If BTC keeps its own ground as Alts continues to gain ground, the next few months may recover momentum in the cryptocurrency landscape. The setup is forming for a dynamic market phase where Bitcoin consolidation and altcoins surge.
BTC Weekly Price Action: Bulls Still Hold Lines
Bitcoin is currently trading at $103,732 on the weekly chart after selling for $112,000 on the weekly chart. Prices continue to consolidate below the critical resistance zone at about $109,300. Despite the answer, BTC remained above the $103,600 level, consistent with strong historical demand and breakthrough zones in early May.
The weekly candle structure remains bullish, with prices well above the 34-week EMA at $89,874 and all major SMAs (50/100/200), confirming that Bitcoin is still in a macro uptrend. However, the second rejection of $109K suggests that the market is working to gather enough momentum to drive price discovery.
The number of latest callbacks has not increased significantly, suggesting that the current correction may be more of a cooldown than a complete trend reversal. As long as BTC stays above the $100K-$103K range, bullish cases remain intact.
The weekly distance is over $109,300, which is a strong signal that the Bulls are ready to target new highs. Until then, investors should pay close attention to $100,000 in psychological support, as it is below its rest may change momentum while turning to support bears.
Featured images from DALL-E, charts from TradingView
Editing process For Bitcoin experts, focus on thorough research, accurate and impartial content. We adhere to strict procurement standards and each page is diligently evaluated by our top technical experts and experienced editorial team. This process ensures the integrity, relevance and value of our content to our readers.
