On Saturday morning, the cryptocurrency market experienced a strong rebound. The total market capitalization reached around $3.35 trillion, with a 24-hour increase of 3.2%. The Fear & Greed Index remains at 32, indicating that market sentiment is still cautious.
Bitcoin performed the best, surging to around $94,500, with a single-day increase of 3.8%, and its dominance staying high at 57.2%. Ethereum followed suit, rising 4.1% to around $3,250. Solana also performed well, closing above $143 with a 4.5% gain.
From a technical perspective, short-term focus should be on the $95,000-$100,000 level. If a volume breakout occurs, reaching $110,000-$125,000 is not a dream. Support below is around $92,000; if broken, a retest of $90,000 may happen.
Looking at the long term, the story becomes even more interesting. By 2026, continuous institutional inflows, increasingly friendly global regulatory attitudes, and accelerated enterprise-level applications—these factors combined lead analysts to generally expect Bitcoin to hit new highs in the first half of the year, with target prices between $150,000 and $250,000. As for altcoins, a super cycle may emerge in the first quarter.
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On Saturday morning, the cryptocurrency market experienced a strong rebound. The total market capitalization reached around $3.35 trillion, with a 24-hour increase of 3.2%. The Fear & Greed Index remains at 32, indicating that market sentiment is still cautious.
Bitcoin performed the best, surging to around $94,500, with a single-day increase of 3.8%, and its dominance staying high at 57.2%. Ethereum followed suit, rising 4.1% to around $3,250. Solana also performed well, closing above $143 with a 4.5% gain.
From a technical perspective, short-term focus should be on the $95,000-$100,000 level. If a volume breakout occurs, reaching $110,000-$125,000 is not a dream. Support below is around $92,000; if broken, a retest of $90,000 may happen.
Looking at the long term, the story becomes even more interesting. By 2026, continuous institutional inflows, increasingly friendly global regulatory attitudes, and accelerated enterprise-level applications—these factors combined lead analysts to generally expect Bitcoin to hit new highs in the first half of the year, with target prices between $150,000 and $250,000. As for altcoins, a super cycle may emerge in the first quarter.