#CMC100 #analisetecnica $BTC The cryptocurrency market has seen significant movements in recent years. In October 2023, we saw the first movements that culminated in a top in March 2024. While this was the beginning of a major movement, it is considered small compared to what this cycle promises.
We are currently watching to see if most altcoins will actually see significant appreciation. Several tokens reached notable peaks in December 2024. I maintain a bullish outlook and believe this rally will be epic, especially if current support remains strong.
The cryptocurrency market has recently experienced a surge following the US elections, with Donald Trump returning to the White House and more relaxed regulation. Bitcoin has approached $100,000, while altcoins such as Ethereum, Solana and XRP have also seen significant gains. The Altcoin Season Index indicated a strong season for altcoins, standing at 81/100.
Bitcoin (BTC) is currently trading at $96,732, down -0.00156% from its previous close. Ethereum (ETH) is trading at $2,701.57, down 0.03307%. Solana (SOL) is trading at $190.90, down -0.03669%.
These movements indicate an interesting dynamic in the cryptocurrency market, and many investors remain optimistic about future trends as long as current supports hold.
Own analysis, let's stay tuned 🤓.