My Technical Take:
is showing strength above $91,500, flipping key resistance into support. With momentum building, I’m targeting $98K short-term, and $108K if the trend holds.
$ETH is looking solid above the $3,000 mark. A clean breakout could send it toward $3,500 and beyond, especially with network upgrades and ETF chatter in play.
$SOL continues to outperform — after reclaiming $130, it's testing the $150 zone. A move above $155 could open the door to $180 or higher.
Market Snapshot (as of now):
BTC: $96,934.18 (+2.1%)
ETH: $3,093.50 (+2.7%)
SOL: $145.32 (+3.5%)
Fundamental Highlights:
ETFs Drive Demand: Spot Bitcoin ETFs recorded $591M in inflows on April 28 alone, marking over $3B in a week. Ethereum ETFs are being speculated as next, keeping ETH in focus.
MicroStrategy’s Accumulation: The firm added 15,355 BTC around $92.7K — continued corporate interest adds weight to the rally.
ETH Burn + Staking: Ethereum continues to deflate with high burn rates and increasing staking, reducing circulating supply.
SOL Ecosystem Growth: Solana is expanding fast — stablecoin activity is up, devs are building, and DePIN projects are driving real-world traction.
Macro Backdrop: DXY is at 3-year lows, bond yields are sliding — a tailwind for risk-on assets like crypto.
On-Chain Signals:
BTC and ETH exchange balances are at multi-year lows — coins moving into cold storage is a bullish sign.
Hashrate on the Bitcoin network is at an all-time high, reinforcing network strength.
SOL’s daily active wallets and NFT volume are climbing steadily, showing real user engagement.
Bottom Line:
The stars are aligning across the board. BTC holds trendline support. ETH benefits from deflation and ETF optimism. SOL shines with growth and strong community energy. With institutional flows, shrinking supply, and macro tailwinds, the market feels primed for continuation — but always manage your risk.
Drop your thoughts below — which one are you backing hardest right now?
Cheers,
UKvsCrypto
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