Crypto Market Outlook: Bitcoin Gap Closure and Altcoin Revival

My recent cryptocurrency market review indicates that the weekend did not bring any surprises. On Saturday, the market continued its Friday momentum, and on Sunday, it moved proactively to close the gap on the CME futures, surpassing expectations. The gap is expected to close at $113,950 on Monday, but the key uncertainty lies in what happens afterward. I focused primarily on liquidity levels and overlooked the historical market crash in May this year, from which Bitcoin experienced a significant pullback. Currently, Bitcoin dominance has decreased by 1.5%, signaling a slight shift in market control. Altcoins are showing signs of life, but there is no clear indication of a trend reversal from downtrend to uptrend. There have been numerous reports of large ETH purchases; however, I wouldn’t place too much weight on these signals, especially considering last Friday saw a substantial ETF outflow—a more reliable indicator of market sentiment at the moment. This analysis is not financial advice. Investors should interpret these insights cautiously and conduct further research before making trading decisions.