After enduring one of the sharpest downturns in the past four years, the global cryptocurrency market is once again on the ascent, demonstrating a level of resilience that stands out amid macroeconomic turbulence. Despite recent U.S. tariffs on Chinese exports triggering a steep slide—sending Bitcoin to lows near $100,600—the benchmark digital asset rapidly stabilized above $111,000, weathering some $16 billion in derivatives liquidations over the past week.
Yet, for veteran macro trader Peter Brandt, the turbulence signals not the end, but rather a brief interruption in the broader uptrend. Brandt’s analysis—widely followed by institutional and retail traders alike—affirms that Bitcoin, XRP, Ethereum, and Stellar retain robust technical structures, underlining the market’s deep-rooted bullish narrative.
Source: @PeterLBrandt Butcoin on X
Brandt’s commentary puts Bitcoin’s current consolidation into sharp perspective. The cryptocurrency finished the week trading at $112,011 and continues to hover above the critical $109,000–$110,000 support range. As long as bulls defend this threshold, he argues, the foundational market structure remains healthy. Looking ahead, all eyes are on the simple moving average around $113,897, with the next formidable resistance stacked between $123,000 and $126,000—key inflection points for bullish continuation.
Altcoins Mirror Optimism as XRP, Ethereum, and Stellar Hold Key Levels
Brandt’s bullish thesis extends beyond Bitcoin. XRP, currently trading at $2.46 after a volatile 50% retracement, is still considered intact following last year’s breakout from a multi-quarter wedge formation. With local support consolidating near $1.79 and major upside targets between $3.00 and $3.50, the digital asset continues to attract renewed market optimism—even as many investors endured a turbulent week.
Source: @PeterLBrandt BTC on X
Ethereum, meanwhile, appears primed for breakout according to Brandt’s technical read. The asset benefits from solid footing around $3,072 and faces resistance at $4,700–$4,800, levels which, if surpassed, could mark the end of a protracted period of price stagnation dating back to 2021. A decisive move higher could fuel broader gains across the DeFi and smart contract ecosystem.
Source: @PeterLBrandt ETH on X
Stellar (XLM) is described by Brandt as “a bull waking from a nap”—a narrative supported by price action near $0.33, with crucial downside support at $0.25. Should buying pressure push XLM above $0.60, further upside could transpire as traders reenter risk.
Source: @PeterLBrandt XLM on X
Strategic Perspective: Market Structures Remain Undisturbed
The return of market confidence appears rooted in more than just oversold conditions. Despite macroeconomic stressors—including sweeping trade tariffs—the technical bedrock supporting major cryptocurrencies remains unbroken. Brandt’s observations are being closely watched by funds and fintechs alike, shaping sentiment and risk calculus for the months ahead.
With Bitcoin holding above vital support, and altcoins such as XRP and Ethereum maintaining bullish outlooks, the cryptocurrency sector retains its appeal to both institutional capital and forward-looking retail participants. If current structures endure, the market looks set for further expansion—potentially transforming short-term volatility into long-horizon opportunity.
Disclaimer: This article is provided for informational purposes only and does not constitute financial advice. Investors should always conduct their own thorough research and consult with a qualified financial advisor before making any investment decisions in cryptocurrencies, which are highly volatile and speculative assets.
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