The weekend saw Bitcoin struggling, causing other major altcoins to remain stagnant. While Bitcoin stayed steady, Ethereum remained resilient above $3100, indicating potential for a bullish move. Concurrently, various altcoins, including DeFi and NFT tokens, are also showing signs of strength, hinting at a possible outperformance against Bitcoin in the near future.

In the past, when Ethereum has outperformed Bitcoin, other altcoins have followed suit. This trend suggests that altcoins might make significant gains as Ethereum rebounds from key support levels. Despite concerns over dropping volume, the Relative Strength Index (RSI) is showing potential for an uptrend, which could change the market dynamics positively.

The ETH/BTC pair has been holding within a narrow range, with recent rebounds indicating a potential bullish trend. Although the market is cautious, indicators like Moving Average Convergence Divergence (MACD) and Directional Movement Index (DMI) show subtle signs of a bullish breakout towards higher resistance levels.

Market sentiment remains cautiously optimistic, with hopes of an upcoming bullish trend. If the ETH/BTC pair continues to rise and ends the week on a positive note, there is a possibility of altcoins outshining Bitcoin in what could be a strong "altseason," potentially leading Bitcoin to stabilize in a tight price range.