In the last 15 days, Bitcoin moved from $76,000 to $89,000 again. Is a reversal forming, or is the panic and fear still alive? We don’t know yet.
Let’s dive deep and look at the market trend and current outlook. Is it the right time to make a fresh entry, or is there still risk in the market?
If we compare the current pattern to last year’s June and July pattern, we saw a VCP (Volatility Contraction Pattern), and then Bitcoin started a rally. The same pattern seems to be forming in the market now.
In the current chart, we’ve noticed that whenever high selling pressure comes and crosses the 200 EMA, it stops, and the selling pressure dies down.
This can happen, and it’s clear in the market right now: Bitcoin turns bearish only when global events happen and create panic. After that, we see accumulation. One thing we can say is the market is still above last year’s all-time high.
For now, the biggest fear is April 2, when the U.S. trade tariffs take effect. Last time, the market fell after trying to cross the 200 EMA—it failed again due to global sentiment.
About a month ago, the Fear and Greed Index dropped to 10, which is Extreme Fear. At that time, Bitcoin was crashing, but I clearly said it was NOT the time to sell, no matter how scary it looked. Why? History shows that when the index falls below 20, the market usually recovers in the weeks or months after. And that’s exactly what happened—now the index is up to 34, and Bitcoin has stabilized.
Now, if we talk about other coins like Ethereum, it needs a clear reversal before we call it bullish. The key level to watch is $2,200—if ETH moves above this zone (from $2,000 to $2,200) and holds, we can expect a reversal. Until then, it’s best to wait and watch.
However, XRP must stay above $2.32 support to hit a new high in the market. If it corrects to $1.7–$2.0, that’s a good support zone where a bounce-back can happen. It could also be a buying opportunity with a stop-loss below this range for short-term gains.
Solana is strong at $120—if it forms a higher high, it could target $250–$300. Dogecoin and Cardano need a bullish structure before we can confirm an uptrend. Toncoin is recovering after legal issues cleared, with key resistance at $3.7–$3.8 and $5.
Jasmy is showing potential too—if it keeps momentum and breaks key resistance, it could be a good buying chance.
Lastly, many altcoins have dropped 80–90%, offering strong buying zones.
Read – Top 3 RWA Coins to Invest in Right Now for Maximum Returns
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Jasmy is little btc of Japan.we believe that they have mu h potential.