According to recent market analysis from CoinDesk, ATOM (ATOM-USD), the native token of the Cosmos ecosystem, has established a critical support level at $4.50, with significant buying volume of 1.63M stepping in at $4.502 to defend against further declines (CoinDesk). The price action showed a 3.5% trading range over 24 hours, peaking at $4.619 before correcting to $4.498, indicating potential bullish momentum with a higher low at $4.522 (CoinDesk). Meanwhile, Ethereum whales have ramped up activity, with transaction volumes surging 164.14% to $7.84 billion in just 24 hours, hinting at the start of an altcoin season that could benefit tokens like ATOM (Whale Alert). Traders should monitor resistance at $4.600 for a potential breakout, as this could signal further upside in the crypto market (CoinDesk).