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Recently, the overall cryptocurrency market has been under pressure, showing a volatile downward trend, and market participants have become noticeably more cautious. Currently, BTC is engaged in a fierce battle around the key support level of $95,000. Although large institutions like some leading asset management firms continue to buy in steadily, macro policy uncertainties still cause significant short-term price fluctuations. Investors need to be wary of the risk of technical breakdowns triggered by multiple bottoming events of mainstream coins and should appropriately reduce risk exposure in their trading strategies.
BTC has the potential to rise in the short term, but the prerequisite is to hold the $95,000 support line. Continuous institutional buying and progress in compliant lending services within related ecosystems are adding positive fundamentals to BTC. Currently, BTC reserves on exchanges are relatively low; as long as the price can stabilize, the market may have a chance to push back toward $100,000.
ETH faces greater short-term pressure. Although there is institutional support on the fundamentals, the attempt to break through $3,400 has failed, and the support level at $3,280 has been tested repeatedly. The risk at this level is significant; without major positive news, it could be broken. The current approach is to consider gradual low-cost buying or cautious hedging strategies before a genuine upward breakthrough of the resistance level.
SOL is currently in the institutional bottom-fishing phase, with the RWA locked-up scale surpassing the $1 billion milestone. The whale accounts holding more than 10x long positions reflect a strong bullish market sentiment, but the uncertainty of traditional financial policies continues to suppress the market. It is recommended to wait until the market direction becomes clearer before following the trend to participate.
BNB still has room for upside. The recent completion of the 34th quarterly burn further reduces circulating supply, and the deflationary effect is gradually becoming evident. This long-term supply-side positive factor, combined with market sentiment recovery, lays a foundation for a subsequent rebound.