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The cryptocurrency market today shows a diversified trend, with major mainstream coins performing differently.
Although Bitcoin (BTC) remains relatively stable in the short term, it also shows a positive upward momentum. Currently, BTC is seeking to break through important resistance levels of 120,800, 121,800, and 122,500. Investors should closely monitor the support level at 119,300, and if it can hold above 119,000, there is a possibility of maintaining a bullish trend in the short term. However, if it falls below 119,000, it may lead to a weakening of the market, with the next key support range at 117,000 to 116,500.
Ethereum (ETH) performed particularly well today, strongly breaking through the $4,500 mark, just a step away from its historical high of $4,880. If it can reach a new high, it may trigger a new round of upward momentum. Investors should pay attention to retracement support levels at $4,560, $4,490, and $4,400, as the performance at these levels will affect the market direction.
Solana (SOL) has also seen a significant increase, currently approaching the key resistance level of $205. If it can break through this position, it is likely to further advance to $220 or even $230. In the short term, investors can pay attention to the performance of support levels such as $191, $183, and $176, as these positions may provide potential buying opportunities.
Binance Coin (BNB) is currently showing relatively stable trends, and market participants are waiting to see its next move.
Overall, the cryptocurrency market shows a positive trend, but investors should still operate cautiously, closely monitoring the performance of various key price levels and external factors that may affect the market.