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The cryptocurrency market continues its bullish momentum as major digital assets post notable gains. The trend reflects growing investor optimism and potential signs of an approaching altcoin season.
Bitcoin (BTC) Stability Amid Bullish Momentum
Bitcoin remains the market’s anchor, trading around $95,500, with strong support observed at $94,545 and $92,265. Resistance levels near $97,996 and $99,167 may test the strength of the ongoing rally. The slight dip in Bitcoin dominance to 63.89% suggests capital rotation into altcoins.
Ethereum (ETH) Breaks Out
Ethereum has risen sharply to $2,604, benefiting from a breakout above a symmetrical triangle formation on technical charts. With nearly 13% gains over the past week, ETH is outperforming many other top-tier assets, indicating strong buying interest and growing network optimism.
Altcoins Begin to Shine
Several major altcoins are showing strength:
Solana (SOL), Dogecoin (DOGE), and Cardano (ADA) have each gained over 6%.
BNB is holding above $650, while XRP trades near $2.37, with healthy trading volumes.
This broad-based rally points to the early signs of an altcoin season, particularly as Bitcoin dominance fades slightly.
Investor Sentiment and Market Indicators
The Crypto Fear & Greed Index stands at 67, signaling Greed and reflecting bullish sentiment across the market. Trading activity and volume have increased on major exchanges, reinforcing the strength of the trend. #BTC# #PI# #ETH# #GateioInto11# #ContentStar#