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đȘDaily Cryptocurrency Market Overviewđ
$ Key Market EventsBitcoin (BTC) surged by 6.6% in the last 24 hours, trading around $60,900. This increase comes amid growing market activity and expectations that BTC may climb back above $70,000. However, some analysts are cautious, warning of a potential pullback to $45,000 in the coming weeks.đEthereum (ETH) also saw significant growth, rising by 10.4% to $2,685. This momentum is driven by increased demand and positive news regarding inflows into Ethereum ETFs, which supports optimism in the market.đAltcoins are showing mixed performance. For example, Solana (SOL) gained 2.1% to $156, despite recent challenges. Meanwhile, Sui (SUI) surged by 29.9%, leading among altcoins over the past 24 hours.đCurrent TrendsThe cryptocurrency market remains highly volatile. Liquidations over the past 24 hours totaled $221 million, with 72% of these liquidations coming from long positions, highlighting the risks associated with margin trading.Market activity is also reflected in the increase in cryptocurrency market capitalization to $2.2 trillion, with a daily trading volume of $141 billion. Influential news, such as Vitalik Buterin's statements on Ethereum improvements and increased trading volumes on Solana DEX, are also supporting the current rally.đForecasts and ExpectationsThe scenario of further Bitcoin growth to $70,000 remains plausible, with potential pullbacks to $52,000 - $53,000 as part of a short-term correction. Altcoins may either follow BTC's lead or display their own trends based on individual news and market conditions.đLong Position RecommendationsGiven the current situation, we continue to monitor SOL, TIA, STX, ENS, which have already shown strong performance and may continue to rise if the market stabilizes. #HamsterKombat #BinanceHODLerBANANA #Babylon_Mainnet_Launch #BlackRockETHOptions #MarketDownturn ,