Today (May 27, 2025), Bitcoin (BTC) maintained its upward momentum after reaching a new all-time high but entered a consolidation phase around current price levels. The spot price is approximately $109,600, with strong support at $106,790 and high volume blocks around $109,346 that form a breakout point of the previous peak. On the bullish horizon, the price faces key resistances at $110,500 and $112,000, while breaking below $106,790 could lead to a correction towards $100,700 or even $91,713 depending on the economic and geopolitical context.
Ethereum (ETH) has made a notable recovery, rising about 4.2% from a low of $2,513 to $2,658, driven by massive trading volume exceeding 550,000 ETH during breakout periods. Technical analysis shows a break from a descending triangle pattern with resistance anticipated between $2,650 and $2,745, while support is determined at $2,530 as a key pivot point for any potential rebounds.
Dogecoin (DOGE) emerged amid global uncertainty, supported by accumulation from market whales that raised their holdings from 22.8 billion to 26.5 billion coins. The price bounced from the support level at $0.220, recording an increase of approximately 5.5% to $0.232 before some profit-taking, with secondary support established at $0.228 and short-term resistance at $0.232 indicating continued upward momentum.
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On the altcoin side, discussions are rising about entering an 'altcoin season' as Bitcoin's dominance falls to 63.89% and Ethereum rises by 13%, alongside gains of over 6% for tokens like Solana (SOL), Cardano (ADA), and Dogecoin (DOGE). This structure indicates a potential shift in market dynamics towards altcoins after a period of Bitcoin dominance.
Overall, market sentiment remains influenced by institutional investor flows through cryptocurrency-backed exchange-traded funds (ETFs), alongside economic and geopolitical pressures (trade tensions and U.S. yields). The recommendation based on technical analysis revolves around monitoring the aforementioned critical support levels, with stop-loss orders in place to protect capital in the event of a sudden downturn.
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