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Bitcoin (BTC) has performed strongly recently, successfully breaking through new highs, attracting market follow. According to Technical Analysis, BTC may continue to pump to the $125,000-$128,000 range, and if the momentum persists, it is expected to challenge the $130,000 mark next week.
Meanwhile, Ethereum (ETH) also shows potential for a pump. ETH is currently consolidating in the range of $4,800-$4,880, which is a key breakout point. Once this range is broken, ETH is expected to set a new all-time high and may target price levels of $5,000-$5,200.
Market observers point out that the BTC daily level breakout has been confirmed, and the wedge breakout on the four-hour chart also provides additional momentum for the rise. For ETH, a breakout in the range of $4,800-$4,880 will be an important signal, indicating that large-scale buying has been completed, paving the way for further rises.
It is worth noting that the cryptocurrency market is highly volatile, and investors should act with caution and implement risk management. Although short-term trends may be difficult to predict accurately, the market still shows positive signals from a long-term perspective.
As major cryptocurrencies continue to break through key resistance levels, market sentiment remains optimistic. However, investors should also be vigilant for potential pullbacks and develop corresponding investment strategies based on their risk tolerance.