Evergreen in the Crypto World
Bitcoin (BTC)
The recent trend of Bitcoin has excited and anxious many people. Currently, we need to pay attention to the key price level around $98,000. If Bitcoin can effectively break through and stabilize at this level, there may be opportunities for further upward movement. However, considering the relatively low liquidity in the market, especially with smaller trading volumes over the weekends, the difficulty of breaking through remains high. If the breakout fails, the market is likely to enter a consolidation phase, potentially dipping to lower support levels—around $94,000.
At present, Bitcoin's trend is still in a relatively sensitive range, and whether it can break through $98,000 will determine the market sentiment in the coming period. Overall, although the probability of a breakout is not high, if it occurs, the market reaction will be very strong.
Ethereum (ETH)
Compared to Bitcoin, Ethereum has experienced a significantly larger decline in this round, especially during the cleanup process in the contract market, where many speculative funds have been eliminated, and the overall market sentiment has gradually calmed. Currently, we need to pay attention to the price point near $3,600. If Ethereum can break through this price, the subsequent rise will be smoother. In fact, with the cleanup in the contract market and the recovery of market sentiment, the cost-effectiveness of ETH's next rise may be higher.
From a technical perspective, Ethereum's adjustment has created conditions for subsequent upward movement. In the current market environment, ETH may become a focus for some investors, especially after breaking through $3,600, which may usher in stronger buying pressure, driving the price further up.
Solana (SOL)
As for Solana, its recent performance has been relatively stable. Although it has smaller volatility compared to BTC and ETH, this is also an advantage of SOL. Yesterday, we captured a rebound in the market, and the overall operation was quite standard. Currently, we are focusing on the support level near $200.
Although SOL does not have the strong volatility of BTC and ETH, it has certain advantages in stability, especially in a fluctuating market where projects like SOL that demonstrate relatively stable performance often attract more capital inflows. The $200 support level is crucial, and if it can hold this point, SOL is still expected to maintain an upward trend.