Crypto Market Analysis:

[Coinpedia Fintech News]

The Ethereum Shanghai upgrade is done and is processing the withdrawal requests, unlocking $34 billion in ETH staked on the ETH 2.0 smart contracts. Besides the star crypto, Bitcoin also maintains its levels beyond $30,000, signaling the markets could be preparing for a giant price action in the coming days. However, a couple of events may kickstart a fine Altseason in the coming days.

Where Bitcoin is leading the market, as the majority of the altcoins have been following the star crypto vigorously until now. However, ever since the BTC price has been undergoing giant price actions, the altcoins have maintained a consolidated trend. The prices continue to flutter within a narrow range as the BTC dominance continues to surge and reaches one of the major resistance levels above $48.5%.