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Recently, the performance of several popular targets in the crypto market has been quite interesting. Bitcoin first surged past the $95,000 mark, reaching a high of $97,924, but then pulled back and is now steady around $95,081. Ethereum is not far behind, breaking through $3,400, but also retraced, currently at $3,308. As for Solana, it peaked at $148 and is now quoted at $142.
One phenomenon worth noting is that these three coins are moving in a similar rhythm—initial rapid upward movement followed by a pullback upon encountering resistance. However, in terms of trend strength, BTC's breakout appears more certain. In comparison, ETH and SOL are still repeatedly testing key resistance zones and have not yet formed particularly clear breakout signals.
My personal view is to observe how the market performs tonight. If subsequent support levels are confirmed and new buy signals appear on the technical side, then entering long positions at that time would be more prudent. Of course, it still depends on how the candlestick patterns and trading volume coordinate.
What does everyone think about this wave of market movement? If you have any technical observations or trading ideas, feel free to discuss together.