Now that the halving is done, here are two things we might see:
1. The market could be set to go up, especially for altcoins. The funding rates are good for a strong rally, and the price is holding steady around $61,700. If it keeps going up, we might break through resistance levels at $64,600 and $67,300, and even hit a new all-time high.
2. Another possibility is a drop to the "weekly imbalance" zone, between $52,000 and $59,000. This could actually be good for the market in the long run. Even though altcoins might dip, the worst of the downward trend is likely over, and the market could be primed for an upward turnaround.