Altcoin collapsing continues, anxiety rises, but BTC is still flexible

The encryption markets decreased by another 2.7 % a day, with a total capital decrease to 3.6 trillion dollars, and Altcoins take a fall.

The capital is unlikely from BTC to Alts because the majority of CT [crypto Twitter] Note “TXMC” on January 29.

Analyst James Dick agreed to be “very clear” before adding, “CT is invested greatly in Bitcoin, Alts with weight gain, specifically Alts that did not rise.”

Thus, the feelings are the Rekt on the BTC with a 1 % withdrawal, “which leads to -30 % on its wallet.”

I am working on this while talking, and this is very clear.

Cow imaging is not largely confined to Bitcoin and Alts with weight gain, specifically the Alts that did not rise.

Hence, the feelings are the Rekt on 1 % BTC withdrawal … leads to -30 % on its wallet. https://t.co/9g968usmw8

– _CHECKMate ⚡☢ (_CHECKMATE_) January 28, 2025

ethereum anxiety height

Meanwhile, “Blongz” trader He said His 314,000 followers on x:

“Altcoin surrender while BTC is still above $ 100,000 is something we can see, I don’t think this was bad before.”

Ethereum deals with a lot of pain, as their prices fell to $ 3000 again on Tuesday before they can recover some land. ETH has now been 16 % since the highest level in January (January) slightly over 3700 dollars three weeks ago.

The ETH/BTC ratio continues to be weak because Bitcoin is still higher than six numbers. It is currently at 0.03 and is close to its lowest level in nearly four years, According to To TradingView.

The ETH/BTC chart seems like this and Vitalik comes lectures on how things work .. pic.twitter.com/0zsagnkf2Y

Coinmba (coinmamba) January 28, 2025

There was a lot of opposition and leadership in the Ethereum Foundation recently, which was subjected to downward pressure on the original.

However, there were some bullish developments, such as the Donald Trump Defi project, and the World Liberty Financial project continues to accommodate ETH.

Wow Trump again bought $ 1,000,000 of Ethereum in the last two hours.

He continues to buy. LFG pic.twitter.com/xuw1q7Xygg

– TED (ettedpillows) January 28, 2025

Meanwhile, the possibilities that President Donald Trump will carry out a national reserves of the ETAREUM strategy this year, in a rise, According to To Blockchain betting platform polymarket.

Analysts are also optimistic, as some claim that there will be the highest new level ever in the next two months, which was historically positive for ETH prices.

$ ETH The price is suppressed, allowing adult players to accumulate. Here is my view:
4K outbreak at the end of February
– The upscale march, 4K to 5K in days
Early April, 6.5 kg
Correct 2/3 weeks, then pushed to 9.5-10K, is likely to nourish it a catalyst. pic.twitter.com/6fohdxgdsx

Wolf (iamcryptow) January 28, 2025

However, none of this was relieved of anxiety the spirit that continues to rise while weakening the original in terms of price.

Bitcoin is still flexible

Bitcoin fell to 100272 dollars during the late trading on Tuesday, but it stumbled again during the Asian session the next day to reach 102,600 dollars at the time of writing this report.

Regardless of two short declines, BTC remained over six numbers over the past 12 days or so, and only 6 % of its highest level ever.

February has also been very bullied for bitcoin prices over the past few years, so things may be about to move soon.