Bitcoin remained above $81,000, but price action was only part of the market’s focus. The source said Iran did not respond positively to the latest proposal, while Trump’s indefinite ceasefire remained in place. Oil stayed in triple digits, and traders were also looking at inflation data this week, with the PPI expected to approach 4%. Rising energy costs were described as a growing source of pressure on producer prices.
Macro signals are still steering sentiment
The article also pointed to a meeting with Xi scheduled for this week, suggesting that developments from the Chinese side could become relevant for markets. The source did not clearly identify who was set to meet Xi. For crypto traders, these macro headlines matter because they can shift overall risk appetite before that effect reaches Bitcoin and major altcoins. For now, the market appears to be waiting for data and headlines rather than chasing momentum.
Analysts say BTC has not confirmed a bottom
Pseudonymous analyst Jelle said his plan for BTC had not changed. Even if the bear market is over, he argued that Bitcoin usually presents several solid buying opportunities before a stronger move begins. He added that he was still not convinced the bottom had already formed. If it has, he said, the next higher low should make that clearer. The takeaway from his view was simple: patience.
On-chain commentary from On-Chain Mind carried a similar tone. Its report said long-term investors were not aggressively taking profits during the latest BTC rally. That matters. Heavy selling from long-term holders at current levels could have signaled a greater risk of a deeper market low, but the source said profit-taking had remained limited so far. In that reading, stronger hands are not treating this rally as a major exit window at this stage.
TON support weakens as $2.15 becomes a focus
On the altcoin side, analyst Sherpa highlighted TON. According to the source, TON has been in a prolonged decline, and the recent reaction around support has remained weak. He noted that the same zone had already been tested several times, which made the setup less attractive for an immediate entry. Instead, he said he would rather wait and reassess closer to $2.15.
Sherpa did not rule out a trade entirely, but he made clear that the current structure did not look strong enough for him. That cautious stance reflects a wider wait-and-see mood around TON rather than a rush to buy. The article closed by noting that broader moves in major cryptocurrencies and global macroeconomic developments are still likely to set the tone for the market and shape how altcoins perform in the coming days.