$ETH Massive Breakout Incoming? Crypto Market on High Alert!
Crypto Market Update and 24-Hour Analysis
Date: April 26, 2025
The cryptocurrency market is exhibiting cautious optimism as traders assess macroeconomic developments, regulatory news, and technical indicators. Over the next 24 hours, several key trends and factors are likely to influence price movements across major cryptocurrencies.
Bitcoin (BTC) Outlook
Bitcoin remains the bellwether for the crypto market. After a strong recovery earlier this week, BTC is currently trading at $94,263, showing resilience despite minor profit-taking. Analysts observe that Bitcoin has formed a solid support level at $94,000, while facing resistance near $96,500.
Short-Term Prediction: If BTC maintains support above $94,000, a push toward $96,500–$97,000 is likely in the next 24 hours. Conversely, a slip below $94,000 could trigger a correction toward $92,800.
Key Indicator: The Relative Strength Index (RSI) sits at 58, suggesting neutral to slightly bullish momentum.#Tarrficpause