Bitcoin Price and Ethereum Could Retrace, But Remittix is Set to Extend Gains

Weekend trading gave Bitcoin price a surge, reigniting bullish energy across markets. While BTC may roll over, analysts warn of a potential dip in Ethereum toward $4,000. 

Bitcoin and Ethereum are two of the top contenders among thousands of cryptos. If Bitcoin is the crypto market leader, ETH stands tall as the top altcoin. A surge or fall in their values hugely affects the remaining altcoins. Therefore, every crypto enthusiast pays attention to Bitcoin and Ethereum price analysis. 

While BTC and ETH prices are facing uncertainties, one newer project, Remittix (RTX), is showing signs of extending gains into next week. Its tangible utility and whale interest support the prediction. Check this analysis to learn why whales are taking an interest in a newcomer like RTX.

Is Bitcoin Price Ready for a Pullback?

Bitcoin price is currently trading around $117,974, driven by retail enthusiasm and a spike in open interest. However, historical patterns suggest Monday and Tuesday often bring a retrace, especially when BTC RSI enters overbought zones.

Analysts are flagging increased profit-taking around the $113,000 level. Funding rates and long leverage are trending high. Moreover, if the support near the $115,000 level breaks, a dip to $110,000 or below is not off the table. 

For swing traders, this may signal a shorting opportunity ahead of what could be a mid-week reset. Experts recommend keeping a close eye on the BTC price before making a major move.

Ethereum Could Test a Sub-$4,000 Level

Ethereum is following BTC’s lead but with less strength. A drop in DeFi TVL and distance from its ETF hype has put pressure on ETH. Many analysts now predict Ethereum could revisit $3,900 in the short term unless buyers step in fast.

It traded approximately 13% below its all-time high. If ETH bulls get active, the ETH price may even set a new ATH in the coming weeks. 

X commentators note that TVL on Layer-2s has flattened, and NFT volumes have slowed. This suggests the Ethereum price rally needs fresh catalysts, like renewed ETF inflows or DeFi volume. Otherwise, a return to the comfort of $3 seems likely in the coming days.

Why Remittix is Moving Differently?

Remittix (RTX) is building out faster than these major chains right now, with perception shifting from “cheap altcoin” to serious PayFi contender. 

Here’s the latest:

• Still supports 50+ cryptos and 30+ FIAT for instant payouts
• Mobile wallet beta launching in Q3 with real-time FX conversion
• No middlemen or high fees, designed for real users, not speculators
• $250,000 Remittix Giveaway driving organic interest across Twitter and Discord

Also, BitMart will list Remittix (RTX) soon, making it easier for new buyers to get in. As remittance demand climbs, RTX’s utility becomes obvious. Bulls on X already call it the “‍next 100x crypto,” and whales are early.

Take Action: Join the Shift Before Remittix Lifts Off

Bitcoin price may slip, and Ethereum could slide lower. But Remittix has runway, infrastructure, and a listing catalyst that could launch it past most mid-cap tokens this week. If you’re playing for upside, splitting capital between BTC/ETH and RTX could be your smartest move yet.

Discover the future of PayFi with Remittix by checking out their project here:

Website: https://remittix.io/ 

Socials: https://linktr.ee/remittix 

$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway