Bitcoin Stalls Below $110K as Ethereum Gains Momentum and Altcoin Trends Shift 

Crypto analyst Miels Deutscher shared cautious sentiment regarding Bitcoin’s short-term outlook, noting that BTC appears “heavy” and could undergo a near-term cooldown.

However, Bitcoin’s inability to rally past the $110,000 resistance zone raises concerns. Deutscher pointed out that muted price reactions to strong macro and tech catalysts may indicate broader market hesitation, suggesting that BTC may not yet be prepared to test new all-time highs.

Ethereum Continues to Outperform

In contrast, Deutscher highlighted Ethereum’s relative strength, especially against Bitcoin. The ETH/BTC pair is showing signs of resilience, leading him to believe that Ethereum could outperform in the short to mid term. This divergence is reinforcing a broader theme of altcoin rotation and selective strength within the crypto market.

Altcoin Sector Watch: Betas, HYPE, and Stablecoin Narratives

Deutscher outlined three key altcoin segments he’s tracking:

ETH Betas: Coins correlated with Ethereum’s performance are expected to benefit if the ETH/BTC trend continues in Ethereum’s favor. HYPE: After recent gains, HYPE is undergoing a healthy pullback triggered by liquidations from staked token sellers. Deutscher is watching for slightly lower entry points, seeing this dip as a possible accumulation opportunity. Stablecoin Narrative Coins: He sees growing momentum behind projects tied to stablecoin ecosystems. Among larger caps, he favors ENA and PENDLE, while highlighting ASF for those with a higher risk appetite.
Weekend Trading Plans

Deutscher concluded by announcing a collaborative technical analysis session with trader Paradise, aiming to map out weekend strategies. This signals ongoing adaptive positioning in a market that’s oscillating between consolidation and breakout attempts.

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