The cryptocurrency market has recently demonstrated a resilient outlook, marked by substantial inflows into spot Bitcoin Exchange-Traded Funds (ETFs) and a persistent bullish sentiment among analysts despite short-term indecision. US-based spot Bitcoin ETFs recorded impressive weekly inflows totaling $1.37 billion, signaling strong investor confidence. This positive momentum is further bolstered by the market's stability even amidst geopolitical tensions arising from the conflict between Israel and Iran, which did not trigger widespread panic.

Bitcoin (BTC) is currently exhibiting a Doji candlestick pattern on its weekly chart, reflecting a period of equilibrium between buyers and sellers. However, longer-term projections remain overwhelmingly optimistic, with analysts anticipating a rally to between $140,000 and $270,000 in 2025. Furthermore, popular trading models suggest a cycle target for Bitcoin in the range of $135,000 to $230,000. Despite this bullish backdrop, Bitcoin is consolidating just below its all-time high, with CoinGlass reporting no sell signals across its 30 monitored "bull market peak" indicators.

Examining Bitcoin's immediate price action, it found support at its 50-day Simple Moving Average (SMA) at approximately $103,604 but is struggling to overcome resistance at the 20-day Exponential Moving Average (EMA) near $106,028. This suggests a hesitancy among buyers at higher price points. A decisive move above the 20-day EMA could propel the BTC/USDT pair into the $110,530 to $111,980 range, with a potential surge towards $130,000 if buyers can overcome the overhead resistance. Conversely, a break below the 50-day SMA could challenge the psychological support level of $100,000, potentially leading to a decline to $93,000 if that level fails. On the 4-hour chart, sellers are actively defending the 20-EMA, and a sharp decline below $104,000 would shift the short-term advantage to bears, with targets at $102,664 and $100,000. Bulls would need to clear the 50-SMA to regain control and target $110,530.

Several altcoins are also poised for potential upward movements if Bitcoin sustains its strength. Hyperliquid (HYPE) buyers are encountering resistance above $42.50, but the upsloping 20-day EMA ($36.96) indicates a buying edge. A negative divergence on the Relative Strength Index (RSI) suggests a slowdown in bullish momentum, but a break and close above $44 would invalidate this, opening the path to $50. A reversal below the 20-day EMA could lead to a correction toward $32.50 and possibly $30.50. On the 4-hour chart, HYPE finds support at the 50-SMA. Scaling the 20-EMA could lead to $42.78 and then $44. A break below the 50-SMA might accelerate selling towards the uptrend line and potentially $30.50.

Bitcoin Cash (BCH) rebounded from its 50-day SMA ($403) but faces strong resistance at $462. With upsloping moving averages and a positive RSI, the path of least resistance appears to be upward. A successful break above $462 could see the BCH/USDT pair rally to $500. The 50-day SMA serves as crucial support on the downside; a breach could lead to a drop to $375, where buyers are expected to step in, potentially leading to consolidation between $375 and $462. The 4-hour chart shows BCH at the $462 resistance. Sustaining above $450 improves prospects for a breakout to $500, but a drop below moving averages or the 50-SMA would favor bears.

Aave (AAVE) recently surged above $285 but struggled to maintain levels above $325, subsequently pulling back to its 20-day EMA ($269). A strong rebound from this EMA would empower bulls to push the AAVE/USDT pair past $325 towards $380. Conversely, a break below the 20-day EMA could send it to the uptrend line, which is expected to provide robust support. On the 4-hour chart, the 20-EMA is declining, and the RSI is in the negative zone, indicating bearish dominance. Support is noted at $261; a break there could lead to the uptrend line. A close above the 20-EMA would signal strength, targeting $291 and $309, with strong resistance expected between $309 and $325.

OKB (OKB) has been confined within a descending channel pattern, with bulls attempting to break out but being met by bearish defense. A positive sign is that buyers have prevented a fall to the $49 support, suggesting demand on dips. A push above the moving averages could see OKB/USDT reach the resistance line of the channel. Repeated tests often weaken resistance, potentially leading to a rally to $56 and then $60. However, a breakdown below the $49 support would invalidate this positive outlook, likely keeping the pair within the channel. The 4-hour chart indicates bears defending the 20-EMA; a drop below $51 would signal bearish control and a descent to $49. A move above the moving averages, however, suggests weakening bearish grip and an increased chance of reaching the resistance line, signaling a potential trend change.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.