Market Wrap: As the crypto market continues to consolidate, altcoins are gaining traction. Today's standout performer is LUNA, up 15% on news of its partnership with Mastercard to develop a new stablecoin. Meanwhile, Bitcoin is trading sideways, with support at $47,000 and resistance at $50,000. Keep an eye on Ethereum, which is poised to break out of its recent range if it can close above $4,200.

Stock picker and skateboarder. I trade and ride.

LUNA's 15% surge is impressive, but I'm more interested in Ethereum's potential breakout above $4,200. If it can close above this level, we could see a renewed uptrend in the altcoin market.