Why traders are obsessed with next week

Bitcoin fell below $100,000 for the fifth time this week.

These sell orders are not slowing down.

While Bitcoin stumbles, something interesting is happening with Ethereum.

See, the market has been so focused on Bitcoin’s six-figure dream that most people have missed what’s happening on Ethereum’s charts. The patterns? They’re starting to look eerily similar to the ones we saw just before the big rush of 2021.

Ethereum needs a weekly gain of 24% to reach its all-time high. Normally that would sound ambitious. But with BlackRock investing $500 million in ETH holdings and institutional money flowing in, the numbers are starting to make sense.

Even the analysts who have been pessimistic since 2022 are changing their minds. They talk about “structural change” and sustainable growth – words they don’t throw around lightly.

The really interesting part? The resistance levels between here and the all-time high are surprisingly low. It’s like someone cleared the way while we weren’t looking.

So what is actually happening in the crypto markets right now? Let me break down today’s biggest stories…

• PEPE coin upsets Uniswap with $11 billion market cap. So what is driving the price so high? 🤔

• The alternative season signals are flashing – HBAR +99%, IOTA +79%, JASMY +72%. But what signals does the perpetual futures market show? 📊

• Ethereum ETFs enjoyed a 10-day winning streak. What is causing so much interest in it now? 💫

• Bitcoin keeps bouncing off $100,000 like it’s made of rubber. Here’s what causes this rigid resistance! 🔍

• Trump’s David Sacks steps in to combat ‘Operation Choke Point 2.0’ as Coinbase shares evidence. What are they? ⚖️

Let’s dive in!

PEPE has just achieved something that seemed impossible just a few months ago: its market value has surpassed Uniswap.

Pepe Coin, which began as another meme token in 2023, now has a market capitalization of $11 billion. That’s bigger than Uniswap’s UNI token, one of DeFi’s cornerstone projects.

The increase isn’t just a short-term increase either. Since January, Pepe’s value has multiplied 18-fold, turning what many dismissed as a joke into a serious market player.

So what is driving the price so high? Read the whole story!

The Alts market is currently painting an interesting picture. Some tokens are completely out of control – Hedera is up 99% since November, IOTA is up 79% and JasmyCoin is up 72% since November.

Meanwhile, Bitcoin’s grip on the market is loosening. His dominance fell below 55% for the first time in months, leading to debate about whether we are entering offseason territory.

The story continues