According to market analysts, ATOM has established strong support at $4.50, with buyers stepping in at $4.502 with 1.63 million volume, as per trading data. Ethereum whale transactions surged 164.14% to $7.84 billion in 24 hours, potentially indicating the start of an altcoin season that could benefit ATOM. Technical analysis shows a higher low at $4.522, suggesting bullish momentum, but resistance at $4.600 must be monitored for breakout opportunities.