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PANews quoted analyst Ali as saying that over the past 5 days XRP whales cumulatively increased their holdings by more than 470000000 coins XRP, with an estimated value of approximately 724000000 USD; Ali believes the daily head-and-shoulders bottom pattern may be nearing a bullish breakout.
PANews, citing analyst Killa's view on X, stated that Bitcoin may have already bottomed and is watching price performance near 80000 to 87000 USD.
Glassnode stated that BTC has reclaimed all long-term moving averages after approximately 300 days and believes that remaining above them would support the continuation of the long-term uptrend.
Glassnode data show that Bitcoin's price has broken above all key long-term trend lines, indicating an improvement in the long-term trend.
September 21 Bitcoin rapidly rose from approximately 81000 USD to above 85000 USD; several traders and analysts believe, based on technical patterns, that the market-cycle bottom may already have formed.
Bitcoin September 21 continued rising from approximately 84000 USD and briefly came close to 86000 USD; Jiang Zhuoer said that resting orders are sparse at certain price levels, creating elevated short-term volatility risk.