Analyst DonAlt believes that Bitcoin faced resistance after encountering a key weekly resistance level, and its rebound attempt was thwarted, increasing downside risk. He attributes the recent sideways trading to news reports and points out that statements from the Trump administration regarding Greenland have sparked geopolitical uncertainty. Although a rebound may occur in the short term, damage to US credibility could pose a long-term obstacle. From a technical perspective, last week's bullish reversal pattern has already failed, reinforcing a short-term bearish bias. DonAlt remains cautious for now, only turning bullish if Bitcoin returns to the $103,000 to $104,000 range. He believes most altcoins are structurally weak, with Ethereum described as “dull but strong,” Solana being more fragile, Litecoin losing its trendline, and Bitcoin Cash suitable for contrarian investing.