Crypto Retreats, Surrendering Week-Long Gains

Crypto Pullback Wipes Out Weekly Gains, But Bulls Hold the Edge

Markets followed a “hard-earned gains wiped away” script on Friday as Bitcoin and major altcoins pulled back.

BTC, which nearly hit $118,000 on Thursday, dropped to $115,600, down 1.5% in the past 24 hours and flat for the week. Ether fell to $4,460, slipping 2.9% over the past day. SOL and DOGE, standout performers earlier in the week, also surrendered recent gains.

Technical patterns suggest resilience: Bitcoin’s higher lows and ascending triangle indicate steady accumulation and bullish sentiment, with $118,000 the key resistance level to watch for a potential breakout.