Bitcoin is trading close to a significant resistance level at 97,641 USD. Analyst Ali Martinez warns of a potential Head and Shoulders pattern, indicating a possible drop to 78,000 USD if Bitcoin fails to break past the 100,000 USD mark. A strong rally and closing above this level is essential to avoid a bearish trend.

Cardano, XRP, and Dogecoin are experiencing significant market activities. Cardano sees whale accumulation with 40 million ADA purchased in 48 hours, signaling large investor interest. XRP’s trading volume has surged past 7 billion USD, demonstrating increased activity. Dogecoin, based on historical trends, could see a 1,000% rise within a month.