Bitcoin and XRP have witnessed a pullback, with Bitcoin trading at around $117,763 after failing to break resistance levels above $121,000. XRP has dropped 8.37% to $3.25 following a rally that saw it hit an all-time high of $3.60 earlier in the week. Despite this correction, technical indicators suggest the overall bullish trend remains intact for both cryptocurrencies, indicating this is a normal market consolidation rather than a reversal. Bitcoin's ADX is above 25, confirming a strong trend, and support levels remain above critical thresholds, while XRP retains substantial cushions above its key moving averages. The prevailing sentiment in the crypto market, displayed by a high Fear & Greed Index of 70, indicates optimism persists among traders, positioning them to view current price activities as profit-taking rather than a bearish sentiment shift.

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