$BTC What’s the next step after the breakout? Although BTC has shown strong momentum after breaking through $106,000, this position coincides with a historical high resistance zone. On-chain data indicates a significant increase in BTC inflows to exchanges recently, suggesting that some profit-taking may be occurring. XRP has been forming a symmetrical triangle consolidation around $2.17 for nearly a month, and such prolonged consolidation often signals an imminent major shift. Considering its relation to the SEC lawsuit, the direction of the breakout is likely to depend on the latest developments in the case.
The weak performance of $ETH stands in stark contrast to the flourishing Layer 2 ecosystem, and this divergence may suggest that market funds are shifting from mainstream coins to more innovative small and mid-cap projects. DOGE's weakness further confirms the high volatility characteristic of memes; without substantial ecological support, its price struggles to maintain stability. Recent developments by Circle in payment infrastructure may signal a new round of reshuffling in the stablecoin market, highlighting the growing importance of regulatory compliance. It is advisable to remain cautious in the current market environment, paying attention not only to technical aspects but also to changes in project fundamentals and regulatory policies.