Trend: Bitcoin remains in a medium-term uptrend, but short-term price action shows consolidation after recent moves. This often indicates accumulation rather than weakness.
Momentum: Momentum is neutral to slightly bullish; buyers are active, but strong follow-through needs higher volume.
Key Levels:
Support: Previous demand zones where price bounced recently (important to hold).
Resistance: Recent highs; a clean break above with volume could trigger continuation.
Market Context: BTC continues to lead the overall crypto market. As long as Bitcoin holds structure, altcoins (including DeFi) tend to remain stable or strengthen.