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As U.S. markets opened, Bitcoin 
$104,857 surged past the $100,000 mark, coinciding with rising tensions due to Trump’s reported actions regarding Iran. This geopolitical shift could potentially influence energy prices and indirectly impact the cryptocurrency market. With these developments, what do experts predict for FLOKI, ETH, and the broader market?
FLOKI and ETH Insights
The price of ETH has faced a sharp decline, dropping to $2,000 while investors await a test of the $3,900 resistance level. Currently, ETH is struggling to reclaim the $2,900 mark. Although Bitcoin quickly compensates for its losses, altcoins have not rebounded at the same pace, contributing to a general sense of discouragement in the crypto market.
An analyst using the pseudonym Crypto Fella shared his thoughts on ETH’s potential recovery.
“Ethereum 
$2,702 jumped as expected. This was a big opportunity. Let’s go.”
“It’s time for ETH to show its true strength. I believe we will see new highs in the coming months.”
Should this occur, we can expect significant rises for other altcoins. While ETH leads the way, many altcoins have remained stagnant, but a resurgence is overdue.
Floki Coin, once a favorite in the meme coin space, is seeing new investors gravitate towards riskier assets. An analyst known as Moustache notes a strong upward signal on the FLOKI chart, which is a positive sign not only for FLOKI but for the altcoin sector as a whole.
“Look at this beautiful FLOKI chart. A weekly ascending triangle below the previous ATH.”
Bitcoin and the Crypto Landscape
Most altcoins are performing as if Trump never won the elections, lingering near last year’s lows. Instead of recovering, many have even dropped to 2023’s lows, creating frustration for investors who have endured a prolonged downturn since December 2021. We might be experiencing peak psychological pressure at this time.
TraderXO shared the following chart, outlining his predictions.
“I like the idea of the price holding the 88-90K range as support, while keeping open the potential for a retest of the lower boundary. Especially since the price hasn’t closed below 93K on a weekly basis for the last few weeks. While I’m not a staunch proponent of Wyckoff theory, a UTAD towards 120s would present an excellent investment opportunity—assuming this range is a distribution phase before corrective movement in Q2/Q3. Of course, these are merely possibilities, not certainties. I approach the market with a loose outlook, knowing my chances of being wrong are quite high.”
