Bitcoin (BTC) 
$75,226, despite several attempts, could not maintain its position above $115,000 today. The economic environment necessary for the Federal Reserve to cut interest rates is still lacking, much to President Trump’s dismay. Although dip buying in the stock market sparked hope for a fresh start, inflationary measures may continue to hinder further interest rate cuts. What does it mean for Bitcoin to enter its third phase? What are the expectations for altcoins?
Bitcoin Cycle Phases
Cryptocurrencies have historically followed Bitcoin’s four-year cycles, and investors continue to adhere to this pattern. While the new wave of institutional adoption and shifts in U.S. policy might affect the cyclical narrative, CryptoCon still highlights the significance of the third phase. The efficacy of the traditional cyclical narrative will be revealed in the coming months.
What does the third phase in the Bitcoin cycle signify? CryptoCon provides an explanation, noting missing elements in the final stage of this cycle.
“Everywhere I look, the final stage of this cycle is missing. There are two crossovers for the cycle, with the second occurring last January. In the Ultimate Oscillator stages, Bitcoin is entering the third stage… yet there’s still ample room for growth.”
The third stage hinted at a minor peak, potentially leading to a final summit of $130,000 if the peak diminishes. Nevertheless, the analyst anticipates better outcomes.
ETH/BTC Chart Analysis
Ethereum (ETH) 
$2,315 remains at the $3,700 threshold, with altcoins showing better gains than BTC. Although ETH surpassed $3,800 after an extended period, it bore the brunt of last week’s market challenges. The implementation of tariffs, interest rates staying put, unfavorable U.S. data for cryptocurrencies, and Russia’s threat have rapidly accumulated reasons for declines, yielding predictable outcomes.
DaanCrypto advises altcoin investors to monitor the ETH/BTC chart. Despite ETH staying above crucial support levels in a narrow range, it has not breached the resistance. Should this resistance be overcome, notable surges in altcoin prices could be observed. For ETH, this scenario may manifest as closures above $4,100.
The total transaction volume of cryptocurrencies stands at $133 billion, with the overall market cap reclaiming $3.75 trillion. While ETH appears profitable daily, it experienced more losses than BTC weekly.
