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ANALYST: BITCOIN OVER $75,000, OVER ETH AND SOL

Bitcoin prices have exceeded $75,000, continuing the strong trend since the rebound of less than $60,000. Bitcoin rose by about 20 per cent this week and has outperformed Ether and Solana in the past 24 hours. A well-known trader, Donald, noted that Bitcoin had responded very well at the main anchor and suggested that the low point in the near future might be at the bottom of the current cycle. He mentioned that $82,000 was the first resistance position and $95,000 was the first “real good resistance”. Nevertheless, he did not completely eliminate the potential cattle-market trap. According to Weiss Crypto, Bitcoin has succeeded in breaking the long-term downward trend, market sentiment has rapidly changed, and the fear and greed index has risen to 72, showing greed. The breakthrough took place before the important expiry of the option, when the Coinbase market indicated that the Bitcoon on Friday and the unsettled contract in the name of the expiration of the right to the fare was approximately $2.01 billion。

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