Good news, good news! Don't scold anymore, brothers, the second one has stood up. Yesterday it surged over 300, with an increase of more than 10%. The cryptocurrency world is truly a magical place. One second you’re wondering why Bitcoin is nearing 100,000, while the second largest, Ethereum, is still at 3,000. The next moment, it surges, with a strong green bar breaking through this week's consolidation range, reaching above 3,300. Bitcoin is also consistently leading the way, with a remarkable 5% increase.

As of the time of this writing, Bitcoin has reached a new high of 99,000 at 3 AM, and it seems breaking 100,000 this month is not a problem. As I mentioned yesterday, decisively enter below 3,000 for Ethereum, which hit a low of 3,029 yesterday, followed by this big green bar.

Let me share my latest thoughts on Ethereum, remember to like, follow, and bookmark. The first thing is the previously mentioned Ethereum ETF staking; if approved, it would be absolutely good news for ETH. The second point is that Ethereum is still the king of all chains, representing the entire cryptocurrency industry's technological application. Bitcoin is the largest cornerstone of the industry; as long as it stands firm, our crypto market won’t collapse. The role of Ethereum is to expand and explore. As the saying goes, just because it doesn’t work now doesn’t mean it won’t always be that way. When the time comes, it will be astonishing, especially when Bitcoin stabilizes at a high level, Ethereum will respond to the market’s criticisms with just one strong green bar.

Now, back to today’s market analysis at 60785024112: From the K-line perspective, the 1-hour level shows a weakening sideways trend, the 4-hour level is slightly bullish, and the 12-hour level indicates an upward trend. The daily level is also showing an upward trend. Today's resistance level is 100,000, and the support level is 95,700 USD. Attention!!! Today’s fear and greed index is 94.