Major cryptocurrencies including Bitcoin, Ethereum, and Solana have had a strong surge since the cryptocurrency market resumed trading today.
The entire cryptocurrency market value, as of this writing, has surged to $3.43 trillion, representing a robust 4.22% increase over the previous day. Positive optimism among investors has also emerged. With the Fear & Greed Index currently at 64, it is evident that traders are feeling optimistic about the direction of the market.
A bullish weekly candle formation known as a three-inside-up pattern near the $100,000 mark predicted this advance. This type of setup has historically produced an 8–10% pump in a week or two.
Some analysts predict that Bitcoin may soon reach $115,000 or perhaps more if momentum continues.
