Bitcoin has eased after touching a record $125,700, now trading near $121,000. The price movement follows a strong rally and appears to be a normal correction. The daily RSI had moved into the overbought zone last week, meaning that a brief cooldown was coming.
On the weekly chart, the MACD has shifted from green to light red, showing that upward momentum has slowed but not reversed. The broader trend remains steady, with the next range between $131,000 and $135,000 if Bitcoin continues to hold its ground.
BNB Takes the Lead Among Altcoins
BNB has become the new frontrunner among altcoins. It climbed to $1,320, gaining about 80% over recent weeks, and moved past XRP to become the fourth-largest cryptocurrency by market value. If the current pace holds, BNB could aim for $1,700 in the next phase of the rally.
This change shows how liquidity rotates within the market. Earlier in the cycle, Solana and XRP saw similar periods of strength. Each leading coin tends to have its turn as market attention shifts.
XRP Holds Support Zone
XRP has dropped to $2.85, down about 4% in the past day, as part of the wider market cooldown. It remains stable above $2.68, a level seen as important for maintaining upward structure.
XRP’s short-term weakness fits into the broader rotation between large-cap coins. The flow of liquidity often cycles back once Bitcoin settles into a new range.
Bull Market Trend Remains Strong
The current pullback fits within a larger bull market across global assets. Liquidity remains high, and capital continues to move toward hard assets. Gold recently broke above $4,000, reinforcing that strength extends beyond crypto.
Longer-term charts still show plenty of room for growth. The monthly RSI remains well below overheated levels, and the MACD continues to lean positive. The wider trend points to sustained upside rather than a shift in direction.
Bitcoin’s recent pullback looks like a pause rather than a reversal. The wider market remains in a bullish phase, supported by healthy technical conditions and steady demand. As capital moves between major coins, holding through short-term swings remains key.
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