Bitcoin is poised for a range expansion, favoring bullish trends. Despite failing to surpass $120,000, recent investor interest in BTC exchange-traded funds remains strong. While Bitcoin consolidates, focus shifts to altcoins like ETH, BNB, AVAX, and PENGU. Bitcoin's price needs to break the $123,218 barrier for a potential surge toward $135,729. Conversely, a drop below $115,000 could provoke profit-taking, bringing it down to $110,530. ETH sees buying support above $3,745, with a challenge at $3,941 that could lead to prices reaching $4,094. For BNB, support at $794 is vital; a bounce could lead to gains toward $861 and beyond. Avalanche is consolidating, with a breakout above $27.38 signaling potential rises to $39.49. Pudgy Penguins face resistance at $0.046, while a fall below $0.035 could accelerate declines. Overall, strong altcoin performances are contingent on Bitcoin breaking its current range.

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