Bitcoin saw a minor rebound last month as altcoins declined

Bitcoin and Ethereum posted slight gains last month, while most major altcoins failed to avoid a downturn, Decrypt reported. The analysis suggests that amid macroeconomic uncertainty, Bitcoin benefited from its perception as a form of digital gold, drawing capital away from numerous altcoins. As a result, altcoins underperformed relative to BTC. The outlet added that while Bitcoin's technical indicators are bullish for the medium term, the asset has entered a directionless, sideways pattern in the short term. Traders are now focused on a support level of $108,000 and a resistance level of $118,000.