According to van de Poppe, Bitcoin has successfully reclaimed liquidity after its recent dip, bouncing upward from a key support area. However, to confirm a continuation of the bull trend, BTC must break and hold above $106,000.
“This would be the big signal for the next bull market leg,” he noted. Current price action shows compression with higher lows forming, suggesting the potential end of consolidation may be near. 
Ethereum Outperforms, Altcoins Show Strength
While Bitcoin consolidates, Ethereum appears to be leading the market. Van de Poppe pointed out that ETH is “acting way stronger than Bitcoin,” and sees the broader altcoin market holding up well despite macro pressures.
This rotation suggests that a shift in capital may already be underway, setting the stage for altcoins to outperform if market momentum resumes.
Gold at Risk of Breakdown Below $3,360
Van de Poppe also flagged an important chart setup for Gold. He noted that the precious metal is “building up for a swift breakdown,” having absorbed liquidity above key highs. A confirmed break below $3,360 would be a critical bearish trigger.
Should this support fail, the next key level to watch is $3,280. Van de Poppe cautioned that this scenario could indicate the end of gold’s current uptrend and a return to risk-off sentiment.
Conclusion
With Bitcoin hovering near $106K resistance, Ethereum gaining strength, and gold on the brink of a technical breakdown, traders are closely watching for the next big move. A decisive breakout or breakdown in any of these markets could set the tone for the coming weeks.
The post Bitcoin, Ethereum, and Gold at Critical Levels as Traders Eye Next Move appeared first on Coindoo.
