Bitcoin has once again shown why it is still the most powerful player on the cryptocurrency market. Within days, Bitcoin broke through key resistance levels and soared above $117,000 with incredible speed. This move was vertical and backed by a noticeable increase in trading volume rather than merely a gradual ascent. In the past significant cyclical movements rather than brief rallies have begun when Bitcoin emerges from consolidation phases on soaring volume. Technically the price has broken through seller barriers that have been stifling price action since late spring, exiting a multi-month consolidation triangle. With a spike in momentum buying and a series of short position liquidations, the breakout level around $112,000 sent Bitcoin to all-time highs. This rally is much more resilient than many previous upswings because it has been driven by steady accumulation rather than purely speculative leverage. With such momentum, bigger psychological goals such as $140,000 are becoming more apparent more quickly. Bitcoin has a history of accelerating after breaking through previous highs; once new all-time highs are reached, liquidity frequently pours in from institutions and investors who had previously been holding back, extending the rally. The most important signal for market participants is the volume spike that coincides with this breakout because it shows conviction and validates that demand is genuine and widespread. This breakout might serve as the cornerstone of an upcoming long-term leg higher, propelling Bitcoin into uncharted territory, if history is any indication. Given the increasingly overbought conditions on daily time frames, short-term pullbacks are likely, but the bigger picture indicates that this move is just the beginning. While investors should expect increased volatility, it is also possible that as the bull cycle develops, Bitcoin is positioning itself for a surge toward $140,000 and higher. Shiba Inu finally alive Following months of bearish and stagnant price action, Shiba Inu has been blazing a much-needed recovery path. Now the meme coin is positioned to regain higher price levels not seen since the beginning of the year thanks to one of its best technical setups in recent memory. SHIB recently decisively broke above its 100-day and 50-day exponential moving averages, two important benchmarks that indicate growing bullish momentum. More significantly, this breakout is not occurring alone; it is occurring in tandem with an increase in on-chain activity, which includes a noticeable spike in the number and volume of large transactions, indicating that larger investors and whales are returning to the market. These actions have frequently preceded lengthy rallies in the past, particularly when retail participation starts to follow. Technically, the next significant resistance level is located at or near $0.000015, which was a resolute ceiling prior to the market correction earlier this year. The current rally, in contrast to earlier attempts, is supported by increasing volume and broader market tailwinds such as Bitcoin's breakout above $115,000 and improving sentiment across altcoins. The approaching overbought area on the Relative Strength Index (RSI) may signal a brief cooling-off, or if bullish momentum continues, additional acceleration. Since the daily chart shows no nearby resistance clusters, SHIB has the space to continue pushing in the next few days or weeks toward the $0.000015 region. Ethereum makes it The crucial $3,000 price mark — which many investors have been aiming for as the psychological entryway to a long-term market recovery — is finally within Ethereum's reach. ETH has recorded a robust run of higher lows over the last few weeks, which has gradually pushed out sellers and reignited bullish sentiment that had lain dormant since the beginning of the year. This improving outlook is highlighted by the recent price action. The 50, 100 and 200-day EMAs are among the major moving averages that Ethereum has decisively risen above. In contrast to earlier attempts to regain higher ground, this alignment provides technical support and indicates unmistakable bullish momentum. The breakout above the $2,800 zone on the daily chart was a pivotal moment that set off a series of buy orders, which helped ETH reach its current high of about $2,985. It would be naive to overlook the fundamental problems that could make this rally more difficult, though, despite the enthusiasm. Derivatives data indicates that funding rates are gradually rising, and market liquidity is still uneven. These factors raise the possibility that speculative froth is forming as traders pile into long positions in anticipation of a clean move through $3,000. Furthermore, even though Bitcoin has recovered on its own, the altcoin market as a whole is still fragmented, which begs the question as to whether Ethereum can maintain momentum in the absence of wider sector participation. Although volume has increased, it is still below what would be required to firmly establish a longer-term reversal. A potential cooldown prior to any subsequent leg higher is suggested by the Relative Strength Index's entry into overbought territory. The next target where strong resistance and previous distribution zones are located is the $3,300-$3,500 region if Ethereum does break and hold above $3,000.