In the wake of Bitcoin's recent halving, the cryptocurrency market experienced fluctuations, with Bitcoin dropping to $63,000 and major altcoins facing sideways movement. Despite expectations of a bullish market due to reduced Bitcoin circulation, miners' selling activity ahead of the halving tempered short-term optimism.

Ethereum, known for pioneering smart contracts, has shown resilience above $60,000, trading at $3,052. Recent geopolitical tensions in the Middle East haven't deterred Ethereum's price, which has remained in a narrow range between $2,850 and $3,274. Notably, Ethereum saw a record withdrawal of $500 million from exchanges, potentially indicating bullish sentiment among investors.

Cardano, with its research-driven approach, suffered a significant drop from $0.81 to $0.40, marking a 50% loss. Currently trading at $0.478, Cardano seeks support at $0.445 and aims to breach resistance to reach $0.80.

Arweave, a data storage blockchain, rebounded amidst market uncertainty, forming a double bottom pattern and surging 27% to $29.2. With a market cap of $1.96 billion, Arweave aims to surpass $35 and challenge $46.8 if the reversal sustains.

In conclusion, despite pre-halving consolidation and geopolitical tensions, Bitcoin's resilience above $60,000 is expected to create supply shortages and boost demand from US-listed Bitcoin ETFs, potentially leading to a renewed recovery in the altcoin market.