I'm seeing Bitcoin struggling to hold the $70k level. It's currently around $73.6k during the Asian session, but the thing is, it has failed to sustain this level several times since February. Yesterday, it tested again and couldn't hold. It seems like that classic pattern of forced selling over the weekend with low liquidity, then a quick recovery, but then hitting resistance again.

Altcoins had a somewhat weak week. Ethereum dropped 2.2% in 24 hours (now at $2,310), Solana is down 4.2% for the week ($85.93), Cardano fell 4.2% in the day. Dogecoin also retreated. BNB was the exception, rising 5.2% over the week. XRP remains relatively stable with a 4.1% gain for the week.

The problem is that macro conditions aren't helping. Tensions in Iran, rising oil prices, and Asian stocks experienced a sharp decline — Korean cuts were particularly severe, the biggest two-day pullback since 2008. This is pulling all risk assets downward. As long as the Strait of Hormuz remains disrupted, energy stays expensive, inflation rises, and rate cuts take longer. This tightens liquidity that drives crypto.

Analysts are saying that the critical support is around $63k. If Bitcoin can't stay above that, it could drop significantly. Everything will depend on ETF flows this week. Meanwhile, the market is on pause, waiting for clarity on the geopolitical situation.