🚀 Bitcoin Rockets Past $118K While Ethereum Shatters Key Resistance—Bull Run Unleashed

Crypto markets just got a double adrenaline shot. Bitcoin blasts through $118,000 like it's a paper barrier while Ethereum executes a textbook breakout—leaving skeptics scrambling.

Bitcoin's gravity-defying act: No pullbacks, no apologies. The OG crypto laughs at 'overbought' RSI readings as institutional FOMO hits ludicrous speed.

Ethereum's revenge tour: That 'crucial resistance'? Obliterated. Smart money's now eyeing the next liquidity zone as DeFi degens pile into leveraged longs.

Wall Street analysts—busy downgrading their 2030 price targets upward again—still pretend they saw this coming. Meanwhile, your aunt's asking if Solana's 'that crypto with the funny name.'

$118,217 has surpassed $118,000, and notably, ETH is finding buyers above its crucial $4,100 resistance level. As we head into the weekend, positive developments are unfolding in favor of cryptocurrencies, and investors are now reaping the benefits. But what is the current situation? Which cryptocurrencies are in the spotlight?

ContentsCurrent State of CryptocurrenciesRising Altcoins

Current State of Cryptocurrencies

The 24-hour trading volume exceeds $170 billion, maintaining impressive levels compared to Sunday. While Bitcoin’s market dominance has somewhat softened, the total market capitalization of cryptocurrencies is on the verge of crossing the $4 trillion threshold.

The appetite for risk is rising, which is clearly visible on the ETH chart. While BTC’s ascent is steadier, ETH has confirmed its journey towards an all-time high by surpassing an important resistance level. Many analysts did not expect ETH to easily cross above $4,100 after a thousand days, but the bulls have managed it.

Today’s daily candle represents a turnaround from the 0.037BTC resistance; however, as long as the 0.034 level is preserved as support, there is little cause for concern. As $4,100 is a key resistance level to overcome in the USD pair, the 0.034 level serves a similar role for the BTC pair. ETH bulls holding above both resistances are encouraging investors towards altcoins.

After testing $4,300 and then easing, if ETH can maintain support between $4,000 and $3,960 in the coming hours, we anticipate seeing further increases in the new week.

Rising Altcoins

RAY Coin has surged over 15% and climbed 36% for the week, earning the top gain among the largest 100 cryptocurrencies over the past 24 hours. The AERO Coin, which garnered attention on Friday, continues its ascent, increasing its weekly gain to 56%. KCS has risen by 12%, and unsurprisingly, LDO has exceeded $1.3.

LDO Coin was specifically highlighted in the Friday analysis as an altcoin that might experience further gains, targeting $1.3. The SEC’s approval of liquid staking and Ethereum$4,241‘s price increase had a multiplying effect for it.

ENA, PI Coin, IMZ, and XTZ are other altcoins that have yielded gains for the day. With potential developments on the horizon, like TRUMP meeting Putin, a Fed interest rate cut, and decreasing tariff pressure, it seems brighter days might be ahead for cryptocurrencies.

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