BTC breaks through the $118500 mark

Click on the link to enter Tencent Meeting: https://meeting.tencent.com/p/9850662513 Detailed analysis of ETH's recent situation and future trends in the live broadcast room, implementing long-term order layout! A thunderous roar on the flat ground! The long dormant cryptocurrency market has been ignited by Ethereum (ETH). In a short period of time, the price of ETH skyrocketed like a rocket, soaring from the key support level of $2750 and breaking through the $3000 mark with unstoppable momentum! This landmark breakthrough not only ignited the enthusiasm of holders, but also caught the attention of the entire crypto world. A core question arises: after the crazy breakthrough, where does ETH's next goal point to? This breakthrough is by no means accidental. There are multiple driving forces surging behind it: Expectations for spot ETFs reignite: The market continues to ferment with optimism that Ethereum spot ETFs will ultimately receive approval from the US SEC. The more frequent interaction between regulators and issuers in recent times is seen as a positive signal, and the expected entry of a large amount of potential institutional funds has injected strong impetus into ETH. - Strong technical signal: After breaking through the important resistance level of $2750, the technical chart issued a strong bullish signal. The continuous increase in volume, especially the surge in trading volume when breaking through the psychological barrier of $3000, confirms the absolute dominance of bullish forces and attracts a large number of trend traders to follow suit. Ecological recovery and upgrade narrative: The underlying network activities of Ethereum show signs of recovery, with gas fees remaining relatively low. The continued prosperity of Layer2 solutions and possible future upgrades (such as further lowering staking thresholds and improving scalability) provide fundamental support and long-term imagination space for the value of ETH. Standing above $3000, the market's attention has shifted to a farther horizon. Technical analysts are rapidly adjusting their target positions: Short term goal (1-2 weeks): The primary task is to quickly recover the resistance level near the previous high point of $3100. After stabilizing at $3000, this position is the next important test. Mid term goal (1-3 months): If we can effectively break through $3100, the high point area in early 2024 (approximately $3200-3500) will become the next key battlefield. Here, a large number of historical traps have been accumulated, making it more difficult to break through. However, once successful, it will open up broader upward space. Long term vision: A more optimistic view sets its sights on the historical high set by the bull market in 2021 (around $4800), which requires stronger fundamental driving forces (such as ETF approval and attracting a large influx of funds) and overall market bull market coordination. However, a trace of sobriety still needs to be maintained during the carnival. The cryptocurrency market is volatile, and risks are always present ETF approval variable: SEC's final decision remains a hanging sword. Any delay or unfavorable news may trigger a severe callback. Market sentiment fluctuations: Short term profit taking selling pressure, overall cryptocurrency market pullback risk, and macroeconomic factors (such as Federal Reserve policies) may all become stumbling blocks to the rise. Technical overbought: A rapid rise in a short period of time may lead to technical indicators entering the overbought zone, increasing the possibility of short-term correction and consolidation. The 'crazy breakthrough' from $2750 to $3000 is a powerful manifesto for Ethereum. It re established ETH's core position in the cryptocurrency field and ignited the market's infinite imagination for the future. The short-term goal is aimed at $3100, the medium-term goal is in the $3200-3500 range, and the long-term goal is to aspire to a historic high of glory. However, the road ahead is not smooth, and the approval results of ETFs and market sentiment remain key variables. $3000 is not only a milestone, but also a new starting point. What is the ultimate goal of ETH's fast train? Should we continue to soar and charge towards the vast sea of stars, or take a break from resistance? The answer will gradually be revealed through the intense game of market long and short forces and the catalysis of major events. The entire encrypted world is holding its breath and waiting. Tencent Meeting Live: 985-066-2513 DingTalk Group Number: 120320009032 Every day, there are teachers in the group who arrange precise positioning to answer questions and provide free guidance Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AiCoin, and the consequences shall be borne by oneself.

BTC has declined, with a trading volume of $108 billion in the past 24 hours and a circulating market value of $2.34 trillion, representing a 0.52% decrease in market value. Data for reference only

Odaily Planet Daily News: Coinbase has filed a lawsuit with the Marion County Circuit Court in Oregon, suing Governor Tina Kotek for disclosing public records related to the sudden change in cryptocurrency regulatory policies. Coinbase pointed out that the Oregon government suddenly changed its long-term policy stance in April 2025 and sued Coinbase without public participation, claiming that 31 types of digital asset trading on its platform are regulated securities trading. Coinbase emphasizes that the policy change affects hundreds of thousands of digital asset holders and traders in Oregon, but the entire process lacks public discussion or rule making procedures. The company stated that this lawsuit is not aimed at the allegations made by the state prosecutor against Coinbase itself, but rather revolves around whether the state government violated public records laws by failing to disclose the information behind its new regulatory stance in accordance with the law.

The US stock market opened lower, with the Dow Jones Industrial Average falling 266 points, the Nasdaq falling 53 points, and the S&P 500 index falling 0.49%.

Odaily Planet Daily News: Plasma announced in an article on X platform that its official account was taken over by an external attacker around 11:00 today. The team immediately activated the warning mechanism and completed the system investigation. Currently, the account has been restored to control and no financial risks have been found. Plasma founder @ pauliepunt stated that the attacker is suspected of modifying the organization's login credentials through the X platform management backend. At present, the relevant traces have been cleared and the account security measures have been strengthened. Plasma will continue to conduct a comprehensive post analysis and provide further explanation once more information is obtained. The official emphasized that its treasury assets were not affected in the incident and a professional security team has been contacted to assist in the investigation.