Bitcoin's recent comeback seems to have hit a snag. After a promising surge, the king of crypto is struggling to maintain its momentum. This pullback has some worried that the party might be over, but is it just a case of short-term jitters or a sign of a changing tide?

Analysts point to the recent outflows from Bitcoin ETFs as evidence of waning confidence. Apparently, higher prices are attracting sellers, both short-term holders cashing in and long-term investors taking profits. However, CryptoQuant offers a reassuring perspective. Their data suggests the bull market isn't over yet, with plenty of room for growth before the party truly ends.

One positive sign is the correction happening before the next Bitcoin halving. Historically, these pre-halving dips are seen as healthy for the long-term trajectory of the market. They weed out weak hands and allow strong believers to accumulate more coins at a discount.

So, what's next for Bitcoin and its altcoin companions? We take a deep dive into the charts of the top 10 cryptocurrencies to see if the correction is a temporary blip or the beginning of a steeper decline.

Bitcoin (BTC): The bulls are defending the $60,775 support zone, but faces resistance at $69,000. A break above this resistance could lead to a retest of the all-time high.

Ethereum (ETH): Sentiment seems to be turning negative, with sellers potentially pushing the price down to $2,717. However, a bounce off the 50-day SMA could signal a return to stability.

Binance Coin (BNB): Relief rally faces resistance at $590. A break below the 20-day EMA could lead to a drop towards $460.

Solana (SOL): Buyers need to overcome the $205 resistance to maintain momentum. Otherwise, a drop to $126 support is possible.

XRP (XRP): A push above $0.67 could signal the start of a new uptrend. Conversely, a drop below the uptrend line points towards a decline to $0.52.

Cardano (ADA): Bears are in control, potentially pushing the price down to $0.46. A break above $0.70 would indicate the correction is over.

Dogecoin (DOGE): Needs to maintain support at $0.12 to avoid a range-bound scenario. A break above $0.19 could lead to a rise towards $0.23.

Avalanche (AVAX): Bulls have the upper hand, with a potential rise towards $62-$65 resistance zone. A break above this zone could see AVAX climb to $75.

Shiba Inu (SHIB): The price is currently balanced, with a potential rise towards $0.000035 if bulls prevail.

Toncoin (TON): Facing resistance at $4.60, but a break above this level could lead to a rally towards $5.64.

While the immediate future seems a bit uncertain, one thing remains clear: the crypto market is a rollercoaster. This recent correction could be a buying opportunity for long-term investors, but it's crucial to stay informed and manage risk effectively.