After marking new highlights around $ 111,800, the Bitcoin price is consolidating because it falls under $ 111k, suggesting a small correction phase. On the other hand, BlackRock bought another 8000 BTC worth more than $ 877 million, which is the biggest inflow in May to date. According to reports, the retail traders have not yet started buying, which suggests that there is more potential for a revival.
In the meantime. Altcoins such as Ethereum, XRP or Cardano have cleaned up at a reduced pace, which seems to be different to a certain extent. In the meantime, market capitalization, with the exception of Bitcoin and Ethereum, reflects the position of the altitude season. Currently the levels have returned from a crucial support range and are only 20% away from their highlights. Moreover, the levels have risen over a crucial resistance, and a close by the Altcoin market hood could push to new highlights.
After the last rise in the markets, the levels above the conversion line initially and later increased the baseline. If the levels are retained a similar trend, the Ichimoku cloud could undergo a bullish crossover, which could push the levels to the highlights at $ 1.13 trillion. This could be if the 2025 Altealth season could begin, so that the altcoins are raised to new highlights.
On the other hand, the Bitcoin -Dominance rejects after a rejection before he recovers more than 65%. This is another important indicator that liquidity flows somewhat from Bitcoin to Altcoins. The BTC price is confronted with some upward pressure and a decrease in value together with dominance can further feed the altcoins. However, the Bitcoin price is required to maintain between $ 105k to $ 108k, which could continue to activate a strong altospace season in the second half of 2025.