According to @julian2kwan, Bitcoin remains the dominant force steering the entire cryptocurrency market, with platforms like IxsFinance aiming to capture the immense real yield opportunities generated by Bitcoin's ongoing wealth creation. Traders should monitor the $IXS token, which is built to leverage Bitcoin's market leadership by providing exposure to BTC-backed yield strategies, potentially aligning $IXS price action closely with Bitcoin's trends (source: @julian2kwan via Twitter). This reinforces Bitcoin's influence on altcoin performance and highlights $IXS as a trading asset for those seeking to capitalize on BTC-driven market movements.

According to Skew Δ, Ethereum's current 4-hour price structure is under observation, with a focus on reclaiming the $2.9K - $3K range. The weekly open has not been reclaimed, suggesting traders remain cautious until Bitcoin determines market direction.