Bitcoin extends its early-week rebound, raising the chance of testing resistance near $88,000 as risk aversion eases, according to an analysis cited by The Crypto Basic. Analyst Michaël van de Poppe (미카엘 반 더 포페) said the weekend pullback reflected risk-off flows rather than a weakening trend. U.S. spot bitcoin ETFs saw net inflows last week and on the first trading day this week, supporting the market. He maintained a view that bitcoin could reach $100,000 as soon as May, though external factors such as geopolitical stability could affect momentum.

Scepticism about an altcoin season is spreading after a major trader placed a $1 million bet on further declines across altcoins. The trader, De Profit, built short positions spread across 100 altcoin names and said weakness could persist into 2026. He said at least 90 percent of the market was in a sustained downtrend and saw limited chances of a reversal, projecting potential profits if prices fall further.