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Just noticed something interesting - while everyone's focused on BTC holding above $94K, the real action this week has been in altcoins. DASH is up nearly 30% in the past day alone, and tokens like ENA and OP are showing serious bullish momentum too. Looks like traders are getting more aggressive on the riskier bets after BTC's recent push higher.
The liquidations across the board ($680M+) suggest a lot of leverage got caught off guard by this move. But here's the thing - the RSI readings on most major tokens are already stretched, which usually means consolidation is coming soon. If BTC can actually hold that $94K level as support, I'd expect altcoins to keep running for a bit longer, but the U.S. market open could be a real test. That's typically where we see volatility spikes lately.
Trading volume on ETH pairs jumped 83% overnight, so there's definitely real money moving, not just retail FOMO. Still, the bullish setup feels fragile - could easily reverse if we don't get follow-through buying at the open.