Crypto analysts have observed a bullish trend in the cryptocurrency market as Bitcoin, Ether, and XRP reported modest price increases. The Crypto Fear & Greed Index rose to 60, indicating a sentiment shift back to 'Greed' after dropping to 'Neutral' the previous day. Bitcoin, which briefly dipped to $112,000, is currently trading at $114,298, showcasing a 1% increase in the last 24 hours. Other cryptocurrencies like Ether and XRP also saw gains, with Ether trading at $3,664 and XRP at $2.97. Analysts suggest a possible bullish breakout for Bitcoin, with predictions hinting at a price surge to $125,000 soon. This optimistic outlook comes amidst a stabilization in market activity, with on-chain analytics indicating a cooling off among short-term Bitcoin holders. As the broader market gains momentum, the increase in sentiment is seen as a potential indicator of recovery and stability in the crypto ecosystem.

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