Bitcoin Futures Index Reaches Neutral Zone After Bullish Trend
Bitcoin is once again challenging the $120,000 resistance level after a period marked by significant volatility and strong performance from altcoins. The Bitcoin Futures Power Index has transitioned into a neutral zone after months of bullish readings, indicating a possible shift in market sentiment. While Bitcoin’s upward movement gains traction, Ethereum leads the broader cryptocurrency market with a remarkable uptrend. Investors are encouraged to analyze awareness along with monitoring key support levels as they navigate this evolving market landscape. Bitcoin’s performance remains essential, and this index update provides invaluable insight into market dynamics.