In brief
- Bitcoin’s consolidation near $120,000 has fueled recent gains in major altcoins, but signs of exhaustion are emerging.
- Analysts flag a buildup of Ethereum sell orders and leveraged positioning in Solana, pointing to a possible short-term correction.
- Despite near-term caution, some remain bullish, citing macro drivers like Fed rate cuts and liquidity trends.
Several leading altcoins that rallied amid Bitcoin’s recent consolidation have stalled, prompting signs of fatigue across the broader market.
But is the sector nearing a pullback, or are current moves just macro tremors ahead of another upward leg?
Bitcoin is trading in a narrow range between $117,000 and $120,000, entering a period of consolidation following a strong…
Jan 13 2026
