The crypto market has marched further onward today, with another 2.4% rise in total market cap.
This metric has moved up from around $1.56 trillion yesterday, to $1.66 trillion at the time of writing. Most of the crypt market has turned green, and here is what the current market looks like:

In terms of liquidations, the bears have been on the receiving end of most of it.

A total of $113 million has been taken from traders over the last day, with about $76 million taken from the bears alone.
The liquidation of the bulls comes in at around $36 million, indicating that there is an ongoing power struggle between the bulls and bears and that the bulls have the upper hand by far.
Bitcoin Retakes $43,000
Bitcoin currently trades at $43,300 after rallying and retaking $43,000. It is currently up by 3% at the time of writing and appears to be strongly under bullish influence.

In the charts, we can see that Bitcoin is doing pretty well, by way of a rebound from its slump to $38,000.
The only hurdle left to cross is the $44,370 resistance. If Bitcoin is unable to cross this resistance, what we end up with would be a head and shoulders pattern that may see Bitcoin retest $38,000 or lower.

Conversely, if a break above occurs, nothing much stops Bitcoin from taking $48,000.
What’s Taking Ethereum So Long?
Ethereum has been very sluggish in its attempt to rebound from the ascending trendline shown below:

Ethereum has spent the last few days in a struggle with volatility, and the bears may take advantage if the sluggishness continues for longer.
For now, however, Ethereum remains safe as long as it doesn't break through this trendline at around $2,180.
Solana Heats Up
Solana, after a long and perilous journey under the influence of its bears, has retaken the $100 zone once again.

One look at the clean rebound above, and we can already tell that Solana is on its way to some very interesting times ahead.
The real indicator of bullish control, however, would be a break above its $125 high from 25 December.
Watch Out For SUI
SUI has joined the ranks as one of the best-performing assets on Binance, especially with its current 15.4% rally over the last day.

In the charts, we can see that the price action on SUI came because of its rebound from the $0.97 support.
SUI is likely to continue upwards from here.
The cryptocurrency still has its ATH of $2 from May 2023 as a major bullish target, and may even break above if the bulls maintain their current momentum.
A Rebound On ARK?
Just like SUI, ARK is currently one of the best performers on Binance. The cryptocurrency trades at around $0.97 at the time of writing and is up by 13%.

So far, the $0.61 support above seems to be holding well, despite being retested severally by ARK’s price.
Quite recently, ARK's price action now looks a lot like a breakout attempt. If this outlook is a valid one, ARK will likely travel further upwards by another 91% to $1.87 or even higher.
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