According to Mihir (@RhythmicAnalyst), the cryptocurrency market recently identified a bottom during heightened nervousness, with attention now turning to the critical $97,400 resistance level. Mihir states that a weekly close above $97,400 is essential for the market to reach new highs, emphasizing this as a pivotal requirement for bullish momentum. Traders should closely monitor price action around this level for potential breakout opportunities, as failure to close above may signal continued consolidation or reversal (Source: Mihir on Twitter, April 25, 2025).