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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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#加密市场趋势分析# The recent market movements are indeed worth following. Although XRP has broken through the bull flag pattern and risen by 11%, the key resistance level of $3.65 has not yet been breached, so it is still too early to say that a trend reversal has occurred. On-chain data shows that holders are making substantial profits and have a strong motivation to sell, so it may still have to endure a round of fluctuations. Bitcoin, on the other hand, is showing a typical long positions consolidation pattern, with a rebound from the 50-day moving average indicating solid consolidation strength. As long as it does not fall below $111,965, the outlook remains positive. What is truly surprising is Ethereum, which has broken through a symmetrical triangle that has lasted for four years, heading straight for $4,200. This breakthrough of a long-term resistance level is significant and suggests that a new round of strong rise may be starting. Overall, at this stage, Ethereum is the most worthy of focus and positioning.