Market turns: technical buy signals after a brutal month
After a heavy month of losses, the crypto market is showing early signs of stabilization. Bitcoin has reclaimed the key $60,000 level following a roughly 20% drop in June — one of its weakest monthly performances since 2022. The total cryptocurrency market cap briefly slid to about $2.12 trillion as spot Bitcoin ETFs recorded more than $4 billion in outflows, compounding technical selling and risk-off sentiment among investors.
Three major altcoins plus Bitcoin trigger TD Sequential buy
Technical analyst Ali Charts reports that the TD Sequential indicator has flashed a buy signal on the monthly timeframe for Bitcoin and three leading altcoins: Ethereum, XRP (Ripple), and Solana. Historically, this indicator has often appeared near significant market lows, so its simultaneous appearance across these markets has shifted trader attention toward a potential bottoming process.
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Why this signal matters — but is not definitive
While the TD Sequential buy signal is notable, it is not a guaranteed end to declines. It does, however, suggest selling pressure could be waning. Coupled with renewed institutional interest, growing flows into regulated crypto products, and the European rollout of MiCA (Markets in Crypto-Assets) rules, market sentiment is improving. These macro and regulatory factors can help support a recovery in altcoins if risk appetite returns.
Key levels and what traders should watch
Maintaining Bitcoin above the $60,000 support will be critical for restoring confidence in altcoins. If BTC consolidates or advances from this level, demand is likely to broaden into Ethereum, Solana, XRP, and other mid-cap coins. Conversely, failure to hold $60,000 could reopen downside risk and prolong the correction.
Bottom line
Technical indicators and improving fundamentals point to a possible pause in the sell-off, but traders should remain cautious. Watch spot Bitcoin ETF flows, on-chain metrics, and price action around the $60,000 support to gauge whether the market is entering a sustainable recovery or merely a technical bounce.




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