Altseason heats up, but Bitcoin could face short-term pullback – How?
2025-07-20 04:14:52
Main Idea
The cryptocurrency market is showing signs of a potential short-term pullback, with altcoins decoupling from Bitcoin and notable whale activity indicating possible market shifts.
Key Points
1. Altcoins are starting to decouple from Bitcoin, which may signal a market recalibration and potential short-term corrections for both.
2. A significant BTC whale transferred 80,201 BTC (worth $9.5 billion) to Galaxy Digital, suggesting a possible market shift.
3. Market behavior is flashing caution, with divergences and rising sell signals indicating potential volatility.
4. Two likely scenarios are proposed: Bitcoin may retest key support levels, or altcoins could face a deeper temporary decline.
5. The correlation heatmap between BTC and altcoins shows a 12-hour timeframe divergence, often a sign of market shake-ups.
Description
Subtle divergences, sharp whale moves, and rising sell signals. Is a short-term shake-up near?
Latest News
- Bitcoin makes a splash as old miners return – But all’s not what it seems2025-07-20 13:18:30
- Conflux [CFX] surges 40% in a day as short orders liquidate: What now?2025-07-20 11:06:04
- Ethereum: Overbought and overcrowded, is ETH due for a cooldown?2025-07-20 09:08:19
- Mapping FLOKI’s next price target as the memecoin rallies 82%2025-07-20 08:13:13
- Helium’s 10% rally under threat: Will HNT see a 35% drop next?2025-07-20 07:38:09