BTC & Altcoins Status Check (April 18)
Market's at a crossroads. Bitcoin holding key support while altcoins bleed harder. Volume's thin, liquidity's drying up.
Key levels to watch:
- BTC needs to reclaim $65K for any meaningful bounce
- ETH struggling at $3.1K resistance
- Most alts down 15-30% from recent highs
Macro picture: Fed's still hawkish, traditional markets shaky. Risk-off sentiment hitting crypto hard.
What matters now:
✓ Watch for capitulation wicks on major alts
✓ BTC dominance rising = alt season not here yet
✓ On-chain metrics showing accumulation at these levels
Not financial advice. DYOR. Market can stay irrational longer than you can stay solvent.