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Market Highlights:

⭐️- Bitcoin is showing strong momentum and is poised to reclaim its all-time high if it breaks out of its current symmetrical triangle pattern. Analysts predict that a sustained close above the $69,330 resistance level could propel BTC to $74,400 

⭐️- Ethereum is on the verge of a significant rally as the approval of a spot Ethereum ETF has not yet been priced in. This ETF could push Ethereum's value substantially higher in the coming months 

⭐️- Ripple has announced a new stablecoin to compete with Tether and USDC, which could enhance its position in the crypto market 

Technical Analysis:

⭐️- Bitcoin is currently consolidating within a symmetrical triangle, which suggests a possible breakout. If the price breaks above the upper resistance line, it indicates a potential bullish trend. Key resistance levels to watch are $69,330 and $74,400

⭐️- Ethereum’s on-chain metrics show increasing MVRV values, but activity levels suggest it might not be overvalued. The anticipated Ethereum ETF is expected to be a significant catalyst for price growth.

⭐️- Altcoins like Bonk (BONK) and Pepe (PEPE) are also showing interesting patterns. BONK might retest its old range high, which could serve as a support level, while PEPE is expected to surge as it breaks its downward trend line📊