The fundamental reason why altcoins are not rising is that Ethereum (ETH) is in a relatively weak position against Bitcoin (BTC). Rather than Bitcoin's standalone increase, ETH's relative strength against BTC has the most significant impact on the overall performance of the altcoin market. For altcoins to enter a full-fledged rally phase, Ethereum's price needs to rise while Bitcoin either declines or remains sideways. This correlation is an absolute prerequisite for the altcoin market to become active. Currently, BTC price is trading at $70.77K, and ETH price is at $2.08K. Watching the ETH/BTC chart, it continues to await a breakout. If technical signals turn positive, a significant rally can be expected after a retest. However, at this stage, bullish signals remain insufficient, and there are currently no signs that altcoins will enter a full-scale rally.

🚨 BREAKING BlackRock is reportedly aggressively accumulating Bitcoin. Large purchases are happening during low liquidity hours, with millions of dollars in $BTC being bought. Institutional accumulation at times like this is getting the market’s attention. $BTC ‌

【$BANANAS31 Signal】Long! 1H Breakout Confirmed, Institutional Support Intent Evident $BANANAS31 1H level has solidly established above short-term moving averages, with price consolidating strongly in the 0.0107-0.0109 range, rejecting deep pullbacks. 4H level shows price has broken through previous consolidation platform, and open interest remains stable, indicating the rally is not merely short squeezing with clear signs of institutional capital support. Current 1-hour momentum is healthy, with buy-side depth significantly exceeding sell-side, providing solid support for price. 🎯 Direction: Long ⚡ Entry/Orders: 0.010185 - 0.010448 (Patiently await pullback to optimized entry zone) 🛑 Stop Loss: 0.009500 🚀 Target 1: 0.014238 🚀 Target 2: 0.016133 🛡 📋 Trade Management: - Execution Strategy: Upon reaching first target, reduce position by 50% to lock in profits, and move stop loss on remaining position up to entry price. If price fails to rise as expected and falls back to the lower end of the entry zone, signal is invalidated and should exit decisively. Underlying Logic: Over the past 24 hours gains exceeded 33%, yet open interest has not declined significantly, indicating solid long positions. Orderbook data shows abnormally thick buy-side depth with imbalance ratio exceeding 4%, strong support below. 1-hour RSI is in healthy zone without overbought conditions, leaving room for further upside. Combined with positive funding rates, bullish market sentiment continues accumulating, but remain vigilant of near-term overheating risks. View Live Charts 👇 $BANANAS31 --- Follow me: Get more real-time crypto market analysis and insights! $BTC $ETH $SOL ‍#Gate广场AI测评官 #Gate2月衍生品市场份额创新高 #加密市场上涨