Bitcoin’s weekend bounce shows strong demand at lower levels, but holding $78,000 may remain a challenge for the bulls. Bitcoin (BTC) bounced on Saturday following US President Donald Trump’s announcement in a post on his Truth Social platform that negotiations between the US and Iran were “proceeding in an orderly and constructive manner.” Buyers extended the recovery on Monday and are attempting to sustain above $77,500. The uncertainty of the past few days has resulted in $1.55 billion in net outflows from the US BTC exchange-traded funds. Crypto sentiment platform Santiment said in a report on Friday that sharp outflows from BTC ETFs indicate retail capitulation, which has “historically correlated with conditions favorable for patient accumulation” for long-term holders rather than panic. CryptoQuant analyst Darkfost said in a post on X that BTC’s apparent demand has dropped to about -147,000 BTC, the most bearish since December 2025. That suggests a sustainable rally would be difficult without the support of genuine spot demand. However, the analyst added that the current environment creates “interesting opportunities for long-term investors capable of remaining patient.” Could BTC and the major altcoins break above their overhead resistance levels? Let’s analyze the charts of the top 10 cryptocurrencies to find out. The S&P 500 Index (SPX) rallied toward the all-time high of 7,517 on Friday, indicating that buyers remain in command. If the price rises and maintains above 7,500, the index may start the next leg of the uptrend toward the 8,000 level. The first sign of weakness will be a break and close below the 20-day exponential moving average (7,324). Such a move suggests that the short-term traders are booking profits. That may start a deeper correction to 7,180 and then the breakout level of 7,002. Until then, all dips are likely to be viewed as a buying opportunity.