Bitcoin aims to find support near $112,000, but resistance at higher levels could lead to selling pressure. Altcoins face a significant pullback, indicating that a new uptrend may not be immediate. Despite market uncertainties, public entities, like the Japanese investment firm Metaplanet, continue to accumulate BTC and ETH. The S&P 500 Index reached a record high but faced profit-taking, with potential movement back towards the all-time high depending on traders' actions. The US Dollar Index faced resistance but attempted to regain lost ground. Price movements of several cryptocurrencies, including Bitcoin, Ethereum, and XRP, show critical support and resistance levels that traders are monitoring closely. Bitcoin is under pressure below its 20-day SMA, and similar trends are visible for Ethereum, XRP, and other altcoins, indicating that market dynamics are volatile and uncertain.

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