The cryptocurrency market saw mixed movements Wednesday as Bitcoin (BTC) maintained its upward trajectory. Ethereum (ETH), however, faced resistance after an early price surge.
Other major altcoins, including Cardano (ADA), Solana (SOL), and Sui (SUI), displayed varying short-term trends. Some struggled to hold key support levels. Market activity remained high overall, reflecting investor uncertainty over the next potential market breakout direction.
Bitcoin continued its recent uptrend Wednesday, reaching $85,695.20, for a 2.41% daily increase at press time.
The cryptocurrency surged from a low near $83,650 earlier, reinforcing this level as key immediate support. If BTC dips below this $83.6k level, further support may emerge around $82,500, where past price consolidations occurred.
Immediate resistance is currently near the recent high of $85,700. A decisive breakout above this could see Bitcoin ta…
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