Bitcoin (BTC) has shown a strong upward trend for 5 consecutive days this week, recording an 11.52% weekly increase. The current Bitcoin price has exceeded approximately 135.64 million won (about $95,000) and is on the verge of breaking through $100,000.
Market experts analyze that Bitcoin's strength reflects the positive sentiment across the cryptocurrency market, with BTC solidifying its dominance by accounting for about 63% of the total market capitalization. Price analysts have assessed that the current chart pattern provides technical support for breaking through $100,000.
Ethereum (ETH) is trading at around 2.59 million won and has increased by 12.49% over the past 7 days. Major analysts like Crypto Rover are evaluating the current price range as an 'excellent buying opportunity', and Ethereum's smart contract functionality continues to play a core role in the DeFi ecosystem. Experts forecast a high possibility of a rebound despite a 45.72% decline over the past 90 days.
Ripple (XRP) is trading at around 3,164 won (about $2.18) and increased by 5.34% last week, but performed relatively poorly compared to Bitcoin and Ethereum. The ongoing lawsuit with the SEC continues to create uncertainty in the market. While AI models are providing positive predictions for XRP's long-term outlook, some experts are cautioning against excessive expectations.
Overall, the cryptocurrency market is showing an upward trend centered on Bitcoin, and experts analyze that the current market situation is providing selective buying opportunities for long-term investors.
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