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.
BTC3,78%
ETH4,91%
SOL2,39%
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OnchainDetectivevip
· 7h ago
According to on-chain data, there really are ghosts at the 97500 level, and the fund flow pattern is too suspicious. Dragging at high levels always has tricks; waiting for feedback signals and then calling it a day? I suspected this wave would try to suppress the price early on. SOL is repeatedly testing within the range... an obvious typical wash token tactic. Tracking through multiple addresses can reveal the intentions of the manipulators. The 3% surge space is interesting; after analysis and judgment, it should be a trap to lure more buyers.
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WhaleStalkervip
· 7h ago
97500 this level really traps people; it depends on where the pullback can return to, otherwise going short directly might be dangerous. ETH this wave is either soaring to the sky or double top trap, no middle ground. SOL finally no longer collapses at every dip, now it looks reasonable, sharpening the sword and preparing to add positions. BTC's rapid surge will inevitably lead to consolidation; patiently waiting for feedback signals is much smarter than rushing to operate. This wave of market action is a bit strange, feels like institutions are shaking out the weak. ETH is just one step away from 3450; if it can break through, it will be very satisfying. SOL's current performance is indeed much stronger than before; the resistance level is being tested quite interestingly. Wait, is this saying the bull market is coming?
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PanicSeller69vip
· 7h ago
97500 this level is basically a psychological barrier; only by breaking through can we speak confidently. If ETH can truly break 3450 this time, I will go all-in; otherwise, I’ll have to wait for the next wave. SOL has been holding back for so long, is it finally going to move? I’ve already taken off my pants. BTC’s retracement shouldn’t be too sharp, or else I’ll have to cut losses again. Chopping around at high levels tests the most patience; this is when it’s easiest to get shaken out. Will this time be like the last, where it peaks and forms a double top again? If SOL’s support doesn’t break, it might be a good idea to consider adding to positions. Can someone tell me whether 97500 is a resistance or just a trap to lure traders? ETH is just a little short of the target; I feel this wave has potential. Rapid rise always means rapid fall; history always repeats itself.
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CommunitySlackervip
· 7h ago
97500, it depends on the strength of the pullback at this level. It feels like volatility is coming again. ETH is just one breath away from 3450. Whether it can reach it is a question. SOL finally doesn't look so fragile anymore. This round of hesitation has some substance. Now just waiting for feedback signals. Don't be fooled by the sugar-coated cannonballs. The bulls are full of momentum, but don't be too young or naive. Wait for a retest confirmation before adding to positions; otherwise, you'll be the bagholder at a high level.
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OldLeekConfessionvip
· 7h ago
97500 is indeed a strong resistance level; it depends on how the pullback develops later. Ethereum is just 3% away; whether it pulls or not, we'll see in the next couple of days. Solana is finally showing some signs of life; long-term bottom fishers should be smiling. Bitcoin surged quickly and then dropped just as fast; can this wave stabilize? Actually, it's all about confirming the retracement; bulls still have a chance. Can Ethereum take out the 3450 level? We'll just have to watch. This support at Solana is really critical; if broken, go all-in chasing. The 97,000 level is a bit fierce; I need to pull out some positions. I love seeing the moving averages climbing; it's a sign of stability. The consolidation in the range has lasted too long; a volume breakout is necessary.
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