1. Bitcoin ($BTC) has reached an all-time high, which has led to a surge in some of the major altcoins. Ethereum ($ETH), Solana ($SOL), and Sui ($SUI) are among the top performers. 2. Ethereum’s $ETH price is up over 8% on the day, and if it can break the downtrend against Bitcoin and the dollar, it could make up for lost ground.
3. Solana has been outperforming most altcoins, and Wednesday’s surge has taken it through the descending trendline. 4. Sui ($SUI) is up around 14% on the day, and Wednesday’s surge has taken it to the cup and handle pattern. If it can break through the neckline, the measured move for this pattern would be to $4.16.
