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#GateSquare Mid Autumn Creator Incentive #Crypto Market Rebound The CPI for August was 2.9%, which is exactly in line with expectations. This positive signal triggered a strong market reaction, with Bitcoin jumping to $116,000, Ethereum to $4,500, and Solana to $230.
The question now is whether this is just a short-term spike or the start of a new bull cycle. Bitcoin continues to set the overall tone for the market, Ethereum is gaining strength due to its network development, and Solana shows potential to outperform in percentage growth as we see its continued steady growth and increased interest from institutional investors.
Key resistance levels are at $120,000 for BTC, $4,800–$5,000 for ETH, and $250 for SOL. If these levels are broken, the momentum could confirm a new uptrend. Until then, BTC remains the main indicator, while altcoins provide opportunities for higher returns.
I believe that Solana will be the leader in terms of price growth. With fluctuations and rebounds, it will surely overtake Bitcoin and Ethereum