The crypto market is experiencing renewed momentum with various tokens recording sharp rallies. PancakeSwap, Ether.fi, and Aster have all shown a breakout on the charts, and technicals favor bullish sentiment. Traders are watching each asset breaking through major resistance levels and gaining ground to the next leg higher.
PancakeSwap (CAKE) shot from $2.50 to above $3.60, then dropped to $3.26. The action was driven by aggressive purchasing and a breakthrough against short-term resistance. Moreover, the 9-period SMA near $2.95 was a launch pad to the rally. Even though RSI is at 80.93, indicating an oversold market, holding above $3.00-$2.95 is a push towards $3.60 and possibly $3.80.

CAKEUSD 4-H CHART | SOURCE: TradingView
A drop below $2.95, however, could provide a pullback to $2.75. Bulls have momentum, although the risk of profit-taking remains high.
Ether.fi (ETHFI) is also trading higher following consolidation near $1.40 up to a recent high above $1.80 before stabilizing around $1.73. Higher volumes and back-to-back bullish candles accompanied the move as a clear indication of newfound confidence.

ETHFIUSD 4-H CHART | SOURCE: TradingView
Furthermore, with RSI at 69.17, short of being overbought, it suggests strong momentum with little space to cool. The MACD is a confirmation, with a bullish crossover supported by an expanding histogram. Should ETHFI hold the $1.70 support, upside targets toward $1.90 or $2.00 are possible. However, a drop below the $1.65 mark could invite selling pressure.
After an Elliott Wave corrective pattern, Aster has taken on a new trajectory with momentum. The recovery above $1.80 was decisive as resistance turned into support, indicating that bears eased. Strong candles strengthen belief, with the continuation of a downward trendline providing further confirmation.

ASTERUSD 4-H CHART | SOURCE: X
Now trading toward $1.92, ASTER eyes the $2.00 psychological barrier with $2.20–$2.30 as the next hurdles. So long as price holds above $1.80, a broader uptrend phase remains in play, though failing that level risks another corrective dip.
Across these assets, technical strength is stressed by renewed buying and deeper liquidity. With investors positioning as momentum builds, though, overbought signals suggest short pullbacks. CAKE, ETHFI, and ASTER reflect a growing market confidence, but volatility and quick pullbacks remain probable.
In the near term, continuation depends on how each token responds to resistance. Maintaining support levels above the existing zones could result in rallies, while breakdowns would likely reset the upward trend. Technical structures are bullish, although traders should be aware of unexpected changes.
Ronny Mugendi is an experienced crypto journalist with four years of professional expertise, having made substantial contributions to multiple media platforms covering cryptocurrency trends and innovations. With more than 4,000 published articles to his name, he is dedicated to informing, educating, and bringing more people into the world of Blockchain and DeFi. Beyond his journalism work, Ronny finds excitement in bike riding, enjoying the adventure of exploring fresh trails and landscapes.