Bitcoin price increased from $64,000 to $67,000. Altcoin analyst Altcoin Sherpa warned of a decline despite Popcat's rise. Dogecoin increased by 4.32% and reached $0.1292.

The latest developments in cryptocurrencies make investors happy. Bitcoin rose from $64,000 to $67,000 again, causing the market to move. During this movement, well-known analysts also commented on noteworthy meme coins and Ethereum.

Famous cryptocurrency analyst and trader Altcoin Sherpa made important evaluations about Popcat (POPCAT), one of the recently emerged meme coins created on the Solana (SOL) blockchain. Sherpa stated that Popcat still has upside potential. However, he warned that Popcat could enter a downward trend if a head and shoulders formation forms on the four-hour charts. The head and shoulders pattern is often considered a bearish signal in technical analysis. Currently, Popcat is trading at $0.8757, an increase of 8% in the last 24 hours and an increase of 5319% in the last year.

The price of Dogecoin (DOGE) increased by 4.32% to $0.1292 in the last 24 hours, based on analyst comments. With this move, Dogecoin's market volume approached 19 billion dollars again and it maintains its 8th place in the market rankings. The analyst noted that DOGE is currently in a consolidation phase and may move higher after visiting previous lows.

Regarding Ethereum (ETH), the analyst emphasized that ETH may continue to move with high volatility following the approval of spot Ethereum exchange-traded funds (ETFs) in the US. Ethereum, which is currently trading at lower levels, stated that the old support level at $ 3,350 may present a good opportunity for investors considering opening long positions in the future. At the time of writing, Ethereum is trading at $3,256, up 3%.

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