Bitcoin's consolidating around 74K after that breakout move, but honestly it feels like we hit a wall before reaching 80K. It's holding the 70K support which is solid, but there's no real momentum pushing it higher right now. The Iran-US talks helped equities pop, which knocked the dollar down a bit, but the Fed's still got everyone worried about rate hikes if things get messy in the Strait of Hormuz.

Futures open interest is picking back up for both BTC and ETH though, which is interesting. BTC OI hit 680K, highest in almost two weeks, and ETH's at 13.41M which is the most since late January. Puts on bitcoin and ether options are weakening, so there's definitely some bullish positioning underneath. Privacy tokens like Monero are finally catching a bid after getting crushed in February, up about 5% in the last day.

MANTRA had a wild move after their token migration and rebrand, that 1:4 redenomination pushed it up. Crypto majors are doing most of the heavy lifting though - the CoinDesk 5 and 10 indices each gained around 3%, while DeFi and computing tokens barely budged. If we can get another breakout and consolidate above 80K, that's probably when money starts flowing into the smaller altcoin bets. For now everyone's just watching and waiting.