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Bitcoin has experienced a 24-hour rally after a week of accumulation, with bearish sentiment continuing to decline. The price has already touched the previous resistance zone around 97,500. This level is a key resistance; partial profit-taking can be considered, but avoid rushing into short positions. The key is to wait for the market to give small-scale feedback signals at higher levels. Usually, such rapid upward movements are accompanied by retracements. If the retracement is within a controllable range, the bulls still have the momentum to push higher and test or break through higher resistance levels.
Ethereum's performance is relatively strong, having broken through previous highs, but still about 3% away from the previous 3450 level. The biggest suspense lies in whether an effective breakout can be formed within this range and confirmed. From the trend perspective, there are generally two directions: one is the moving averages gradually climbing to support, followed by a pullback to lows without making new lows, then a rally crossing the resistance zone; the other is a consolidation at high levels with secondary declines or double-top formations, breaking down to form even lower highs, waiting for the next round of attack.
Solana has been repeatedly testing within a range for the past two months, and recently, it finally showed a decent push against resistance. The key change is that after reaching new highs, it still maintains support, unlike before when bears dominated and a quick dip would bring it back to the range bottom. Now, being able to linger near the resistance level is extremely critical. Once a successful breakout occurs and the pullback does not break this support, consider increasing your position and participating in the subsequent upward trend with a bullish mindset on the right side.