Bitcoin Faces Headwinds Towards $100,000 While Altcoins ETH and ZEC Attract Whale Interest
Bitcoin Faces Headwinds Towards $100,000 While Altcoins ETH and ZEC Attract Whale Interest
The crypto market exhibits contrasting trends this week. Bitcoin's ascent towards the $100,000 target has reportedly hit a wall, with the asset sliding almost 5% recently, challenging investor patience and conviction. Conversely, several altcoins, specifically Ethereum (ETH) and Zcash (ZEC), have seen significant on-chain whale accumulation, suggesting potential for gains. This indicates a bifurcated market where major cryptocurrencies like Bitcoin are facing strong resistance, while select altcoins are drawing smart money attention.
On-chain whale buys hit ETH, ZEC, and HYPE this week. Daily charts show three setups worth tracking for potential gains.
Bitcoin trades below $77,000 after sliding almost 5% in the last week, even as three powerful catalysts converge in May 2026 to test the market’s patience and conviction. We break down each factor, its real price impact, and what analysts now expect on the road toward $100,000. Why the Trump-China Summit Boosts Bitcoin The summit