Stargate Finance

The odds are low that Bitcoin dominance will continue pushing higher if Ether holds its current bullish uptrend, says crypto analyst Matthew Hyland

Bitcoin’s “structural imbalance” signals that it probably won’t experience a significant downturn in the near term, says 21Shares crypto research strategist Matt Mena.

Ether reclaims $3,000 and breaks key technical levels, setting the stage for a potential 1,110% rally.

Rising US inflation tempers investors’ interest rate cut hopes, leaving Bitcoin at a critical juncture below $120,000.

Traders pin their ETH price target at $3,400 as Ether treasury purchases and ETF inflows propel Ether price.

Bitcoin’s post-all-time high sell-off is par for the course, and charts suggest buyers could step in around $113,000.

XRP saw profit booking at $3, but steady buying by large investors suggests the rally could send the altcoin’s price to $4.

Bitcoin may retest the $114,000–$115,000 zone, its former resistance turned support, before BTC price continues its rally toward $160,000.