Bitcoin Holds Near $118K Amid Pullback Risks and Altcoin Rotation

Bitcoin has stabilized around $118,000, though analysts like Lark Davis and Michaël van de Poppe warn of a potential deeper pullback to the $108K–$112K range, amid choppy trading conditions
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Meanwhile, the market is seeing a capital rotation into altcoins like Ethereum, Solana, and XRP—driven partly by ETF inflows and expectations of Fed rate cuts. Historical trends suggest that such consolidation phases in BTC often precede strong altcoin rallies.