Bitcoin just reclaimed the $112,000 handle after a CPI-driven whipsaw, while altcoins quietly rotated higher—led by HYPE (+14%), ZEC (+13.5%), JUP (+14%), and XRP pushing to a multi-week peak at $2.65. With Bitcoin dominance easing to 57.7% and total crypto market cap hovering near $3.89T, the weekend tape is signaling a critical inflection: breakout continuation or liquidity trap.
What Just Happened
BTC rebounded from a swift post-CPI shakeout, reclaiming $112K and testing the $112.8–$113K supply zone after briefly stalling Friday. Earlier in the week, price tagged a local high near $114K before a sharp dip toward the $106K area, then stabilized as buyers absorbed weakness. Altcoins followed with measured strength: ETH is approaching $4,000, BNB tapped $1,125, and rotational bid lifted select mid-caps.
Why This Matters to Traders
- The $112–$113K band has acted as a near-term decision point; acceptance above it opens a path toward $114K and potentially $118K if momentum expands. - Dominance down while BTC holds range supports an alt rotation narrative—opportunities exist, but weekend liquidity can amplify both moves and slippage. - Macro headline risk just cooled (CPI less severe than feared), but thin weekend books increase fakeouts; execution discipline matters.
Key Levels to Watch
- BTC resistance: $112.8–$113K (intraday supply), then $114K. Above that, momentum targets $116–$118K. - BTC support: $111K, $110K round number; loss of $110K puts $106K swing low back in play. - ETH: $4,000 psychological cap; acceptance opens $4,120–$4,200. - XRP: $2.65 local high; watch $2.50 as pivot support. - Momentum alts: HYPE near $46, ZEC/JUP printing double-digit daily gains—expect elevated volatility around prior breakout levels.
Altcoin Rotation: Opportunities and Risks
HYPE, ZEC, and JUP exemplify the current risk-on pocket. Momentum is strong, but entries after vertical candles often carry gap risk and poor R:R. Consider pullback entries to prior breakout zones or wait for consolidation flags. For thin-liquidity momentum names (e.g., HYPE), manage slippage and avoid oversized positions—these moves can unwind quickly if BTC rejects at resistance.
One Actionable Game Plan
- For BTC: If 1h closes hold above $112.8K, consider a momentum continuation trade toward $114K, invalidate on a full-body close back below $112K. Alternatively, buy the dip near $111–$110K only if buyers defend on rising volume.
- For ETH: Track acceptance above $4,000; look for a retest/hold as support to target $4,120–$4,200. Invalidate on reclaim failure.
- For alts: Focus on strength with liquidity (XRP, major L1s). For momentum names (HYPE, ZEC, JUP), wait for pullback + higher low on 15m–1h before entry; use tight stops below structure.
- Risk controls: Reduce size on weekend trades, predefine stop-loss and max daily loss, and avoid high leverage near BTC resistance confluence.
Bottom Line
The market is leaning risk-on, but confirmation sits at $112.8–$113K on BTC. A clean breakout favors continuation and deeper alt rotation; a rejection warns of a quick slide toward $111–$110K and possibly $106K. Trade the level, not the narrative—and let structure lead your risk.
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