Bitcoin has bounced back above $28,000 after slipping below the level last week, with several crypto analysts pointing out potential bullish scenarios for the next few months. However, several altcoins, including Shiba Inu, Dogecoin, HBAR, and SOL, have retraced hard, with daily declines of up to 6.3%. Cardano is among the few exceptions with daily gains, up by 3.5% in the past 24 hours and more than 14% on a weekly scale. The total crypto market cap has remained stagnant and sits just under $1.2 trillion on CMC.

(By Jordan Lyanchev)