#Global Market Analysis# Momentum Builds as Traders Await Next Big Move
The crypto market is entering a decisive phase. After weeks of low volatility, signals are emerging that could define the next major price direction for both Bitcoin and altcoins. While uncertainty remains, the underlying sentiment is shifting toward gradual optimism.
Bitcoin: The Calm Before the Move
Bitcoin (BTC) continues to trade between $67K and $70K, forming a solid support base. This consolidation phase indicates that big investors are accumulating quietly rather than exiting. Glassnode data shows long-term holders increasing their positions, which historically precedes a breakout. Traders are watching the $70K resistance level—a clear break above it could ignite a rally toward $73K–$75K.
Ethereum: Strength in Fundamentals
Ethereum (ETH) is showing resilience around the $2,500–$2,700 range. Network activity remains strong, and the rise in liquid staking platforms is helping ETH maintain long-term demand. With the next scaling upgrade expected soon, analysts believe ETH could outperform Bitcoin in percentage terms during the next upward move.
Altcoin Focus: Selective Growth
The altcoin market is mixed. Some projects—especially those in AI, gaming, and modular blockchain sectors—are drawing investor interest. Tokens like Render (RNDR), Celestia (TIA), and Immutable (IMX) are outperforming the broader market. However, smaller-cap assets remain volatile. Smart traders are focusing on fundamentals, partnerships, and real utility rather than hype cycles.
Macro View: Liquidity & Interest Rates
Global markets are reacting positively to signs that U.S. interest rate hikes are likely over. Lower yields are encouraging more capital to flow into risk assets, including crypto. At the same time, geopolitical tensions and slower economic growth keep investors cautious. The balance between fear and opportunity is keeping the crypto market steady for now.
Key Levels to Watch
BTC: Support $67K, Resistance $70K–$73K
ETH: Support $2,450, Resistance $2,750
SOL: Watching for breakout above $165
Market Cap: Holding above $2.5T remains bullish
Conclusion
The current market is a build-up zone, not a breakout zone—yet. Smart investors are accumulating quality assets, hedging risk, and preparing for the next wave of volatility. As we move into November, macro stability and network upgrades will play the biggest roles in shaping crypto’s next trend
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#Global Market Analysis# Momentum Builds as Traders Await Next Big Move
The crypto market is entering a decisive phase. After weeks of low volatility, signals are emerging that could define the next major price direction for both Bitcoin and altcoins. While uncertainty remains, the underlying sentiment is shifting toward gradual optimism.
Bitcoin: The Calm Before the Move
Bitcoin (BTC) continues to trade between $67K and $70K, forming a solid support base. This consolidation phase indicates that big investors are accumulating quietly rather than exiting.
Glassnode data shows long-term holders increasing their positions, which historically precedes a breakout. Traders are watching the $70K resistance level—a clear break above it could ignite a rally toward $73K–$75K.
Ethereum: Strength in Fundamentals
Ethereum (ETH) is showing resilience around the $2,500–$2,700 range. Network activity remains strong, and the rise in liquid staking platforms is helping ETH maintain long-term demand.
With the next scaling upgrade expected soon, analysts believe ETH could outperform Bitcoin in percentage terms during the next upward move.
Altcoin Focus: Selective Growth
The altcoin market is mixed. Some projects—especially those in AI, gaming, and modular blockchain sectors—are drawing investor interest. Tokens like Render (RNDR), Celestia (TIA), and Immutable (IMX) are outperforming the broader market.
However, smaller-cap assets remain volatile. Smart traders are focusing on fundamentals, partnerships, and real utility rather than hype cycles.
Macro View: Liquidity & Interest Rates
Global markets are reacting positively to signs that U.S. interest rate hikes are likely over. Lower yields are encouraging more capital to flow into risk assets, including crypto.
At the same time, geopolitical tensions and slower economic growth keep investors cautious. The balance between fear and opportunity is keeping the crypto market steady for now.
Key Levels to Watch
BTC: Support $67K, Resistance $70K–$73K
ETH: Support $2,450, Resistance $2,750
SOL: Watching for breakout above $165
Market Cap: Holding above $2.5T remains bullish
Conclusion
The current market is a build-up zone, not a breakout zone—yet. Smart investors are accumulating quality assets, hedging risk, and preparing for the next wave of volatility.
As we move into November, macro stability and network upgrades will play the biggest roles in shaping crypto’s next trend