Bitcoin (BTC) held strong above the 200-day simple moving average ($84,899) over the weekend, signaling potential bullish momentum. Analysts suggest that a sustained recovery in BTC could set the stage for major altcoins like TON, AVAX, NEAR, and OKB to follow with strong upward moves.
■ Key Market Highlights
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Bitcoin must close above $85,000 this week to confirm bullish strength
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A drop below $81,000 could lead to a decline toward $76,000
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Analysts expect market pressure to persist until April 2
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Short-term correction followed by a 20–40% rally likely after April 15
■ Technical Analysis Overview
1. Bitcoin (BTC)
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Key Resistance: $87,000 — confirmation of bullish breakout
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Upside Targets: $92,500 → $95,000
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Downside Risk: Below $81,000 → $76,606 support zone
2. Toncoin (TON)
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Breakout Point: $4 — could push price to $5
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Support Levels: Below $3.28 → risk of fall to $2.90
3. Avalanche (AVAX)
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Upside Potential: Above $20.10 → next stop at $22.50
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Critical Support: Below $15.27 → risk of further drop to $11
4. NEAR Protocol (NEAR)
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Bullish Target: $3.65 if $3.25 is broken
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Key Support: Below $2.48 → could dip to $2.14
5. OKB
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Resistance Zone: $54 — breakout could lead to trend continuation
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Bearish Breakdown: Below $50 → risk of drop to $45
■ Expert Insight
“Bitcoin’s steady hold suggests confidence, and if the trend continues, altcoins could catch up quickly,”
“Short-term volatility may remain, but a strong rebound is likely after mid-April.”
■ Conclusion: Market Correction or Opportunity?
While the crypto market is currently facing macroeconomic uncertainties and mixed sentiment, Bitcoin’s ability to hold key levels is offering a glimmer of hope. If BTC confirms a breakout, altcoins like TON, AVAX, NEAR, and OKB may see accelerated gains.
§ Now may be the time to look for entry opportunities with proper risk management!