🚀 Ethereum (ETH) Climbs Back Above $3,000, Massive $70,000 Bitcoin (BTC) Battle Ahead, Cardano (ADA) About to Face Its Biggest Test

🚀 Ethereum (ETH) has surpassed the $3,000 milestone, signaling a return to bullish sentiment. Despite this, declining trading volume suggests potential challenges ahead, particularly at the 50-day Exponential Moving Average (EMA) near $3,200, which could act as a critical resistance point.

📈 Ethereum recently broke out of its ascending channel on the daily chart, hinting at a possible trend shift. Support is forming around $2,900 (100-day EMA), while the next battleground could be the 50-day EMA. Sustaining current levels and overcoming resistance will be key for Ethereum's bullish continuation.

🔔 Bitcoin (BTC) is gearing up for a significant move, having surpassed the 26-day EMA. The next target is the 50-day EMA, which could pave the way for a rally towards the elusive $100,000 mark. However, challenges lie ahead, particularly around the psychological barrier of $70,000.

⏳ Cardano (ADA) faces a critical test at the 200-day EMA, with $0.50 serving as a key support level. Declining volume amidst price gains raises concerns of a potential pullback if buying interest wanes. ADA's ability to maintain upward momentum will be closely watched in the short term.