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🚨Solana ETFs Ignite 5% Price Surge! Solana (SOL) jumped 5% today after the launch of Solana ETFs, adding fuel to its red-hot run. Already up over 6% earlier, SOL’s appeal in Real World Asset projects is catching eyes. Is Solana the altcoin to watch in 2025?

Bitcoin is up more than 4% in the last 24 hours and 5% in the last seven days, and is attempting to reclaim the $90,000 level. The recent price recovery comes amid improving technical indicators that point to increasing bullish momentum. Traders are keeping a close eye on whether Bitcoin can reclaim $90,000 and establish a stronger base for further gains. Several trend indicators, such as the DMI, Ichimoku Cloud, and EMA lines, are signaling that a potential breakout could be in the works. BTC DMI Shows Buyers in Full Control Bitcoin’s DMI chart is showing a significant increase in momentum. The ADX (Average Directional Index) rose to 18.24 today, a significant increase from yesterday’s reading of just 9.2, suggesting that the current trend is gaining strength. An ADX reading below 20 typically indicates that the market is trending weakly or sideways, so this increase could be an early sign of a developing trend. The ADX itself does not indicate the direction of the trend, but it does measure overall strength, and today’s reading suggests that momentum is starting to pick up. ADX is a common technical indicator that helps traders gauge the strength of a market trend. Typically, an ADX reading below 20 indicates a lack of a significant trend, while readings above 25 indicate a strong trend. Along with ADX, +DI (Positive Directional Indicator) and -DI (Negative Directional Indicator) provide information about the trend direction. Currently, +DI has risen to 34.7 from 16.57 yesterday, while -DI has fallen to 11 from 21.17. This widening gap between +DI and -DI suggests that bullish momentum is taking over as buyers are overwhelming sellers. If this trend continues, it could signal a near-term increase in BTC’s price as the market shifts towards a more pronounced bullish trend, and Bitcoin ETFs are showing signs of recovery. Bitcoin Ichimoku Cloud Bullish Pattern Forming The Ichimoku Cloud chart for Bitcoin shows the Tenkan-sen (blue line) and Kijun-sen (red line) lines intersecting in a bullish pattern. The faster Tenkan-sen is above the slower Kijun-sen, indicating a momentum shift. These lines have converged after a period of divergence, indicating that trend conditions are strengthening. On the right side of the chart, the cloud formation (Kumo) has turned from red to green, indicating a shift from bearish to bullish sentiment. Price action has broken above the cloud after testing it as support multiple times in mid-March. This breakout above the cloud suggests that previous resistance has potentially become support. The changing thickness of the cloud over the period reflects changes in market volatility and trend direction stability. Could Bitcoin Reclaim $100,000 Before April? Bitcoin’s EMA lines are currently sending mixed signals. While the broader trend remains bearish, the short-term exponential moving averages have begun to turn higher, and a recent golden crossover suggests that bullish momentum is building. If this momentum continues and additional golden crossovers occur, Bitcoin price could target important resistance levels. The first major resistance is located at $92,920, and a successful breakout could see BTC push towards $96,484. If the uptrend strengthens further, Bitcoin could test $99,472. It has the potential to break above $100,000 for the first time since February 3. This could be triggered by 5 major U.S. economic events that could impact Bitcoin sentiment this week. However, the bullish scenario is dependent on sustained buying pressure. If the upside momentum fades and the broader bear trend resumes, Bitcoin could first retest the support level at $85,124. A break below this level could open the door to a drop to $81,187, potentially sending BTC back below $80,000. In a stronger bearish scenario, Bitcoin could revisit $76,642 and consolidate the bear trend.

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