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Analytics platform Swissblock says one metric indicates that a local bottom is in for Bitcoin (BTC) and altcoins. In a new post on X, Swissblock says the crypto market is in a reset phase based on its Aggregated Impulse metric, which measures exponential price structure across the top 350 assets. According to the analytics firm, the metric has been a reliable bottom signal for BTC and altcoins since 2024. “The last seven times this signal triggered since 2024, it marked a major bottom. What happened next? BTC rallied +20–30% Altcoins surged +50–150%… What’s it telling us now? 22% of altcoins show negative impulse. Historically, bottoms form in the 15–25% zone. Once the reset completes, ETH & alts tend to lead the next rotation.” Source: Swissblock/X Looking closer at Bitcoin, Swissblock sees consistent demand for BTC from multiple investor cohorts, while noting that sellers are losing ammunition. “Bitcoin’s range is nearing reso...

The GMT price surged over 48% in the last 24 hours to trade at $0.198 as of 6:24 a.m. EST as investors go long on the altcoin. This strong 24-hour performance was a continuation of the crypto’s positive weekly performance. As a result, GMT is up more than 51% over the past 7 days. GMT Price Trying To Clear The $0.1972 Resistance Level 4-hour chart for GMT/USD (Source: GeckoTerm i nal ) The GMT price was able to break above the resistance level at $0.1972, and is now attempting to flip the barrier into support. Should the crypto close a 4-hour candle above this threshold within the next 12 hours, it might have the technical foundation needed to keep climbing. Traders could then decide to enter long positions for GMT, which could push it up to $0.2141. Conversely, a rejection from the $0.1972 resistance in the coming 12 hours might bring an end to the crypto’s bullish move. In this more bearish scenario, the GMT price could end up testing the $0.1817 support level. A dr...