Aptos (APT) has been consolidating in a narrow range for the past month, fluctuating between $5.63 and $6.53 as market volatility has kept traders on edge about its next move.

But with recent news like Bitwise filing for an APT ETF, there's a glimmer of hope for a breakout that could take Aptos to new heights.

Institutional interest in Aptos may be on the rise, as the market sentiment shifts slightly following the ETF filing. This newfound optimism could lead to a potential price surge if Aptos breaks free from its consolidation pattern.

The MACD indicator suggests a positive momentum shift for Aptos, hinting at a possible price rally. If this trend continues, Aptos could see a significant price movement, potentially breaking through resistance levels and moving towards a bullish trajectory.

After a 9% increase in the past day, Aptos seems primed for a breakout, possibly breaching the $6.53 barrier and heading towards $7.20. A successful move past this level could ignite a larger rally with increased trading volume.

However, failure to break out could lead to Aptos remaining within its consolidation range, with a potential drop to $4.96 signaling weakness and dampening the bullish outlook for the altcoin.