In today's crypto update, spot Bitcoin exchange-traded funds (ETFs) in the U.S. have achieved significant net flows. Meanwhile, Ethereum co-founder Vitalik Buterin outlined a roadmap named 'The Surge' aiming to escalate Ethereum and its layer 2s to over 100,000 transactions per second (TPS). Buterin emphasized the need for Ethereum's various ecosystems to operate cohesively, proposing enhancements to the base chain for better scalability and user experience. In addition, Bitcoin's price surged above $68,000, briefly reaching an intraday peak near $68,300. Analysts suggest that the upward trend could face challenges before reclaiming all-time highs, pointing to a possible dip before a subsequent rise. A notable observation from market analysis indicates that less than 40% of retail traders on Binance are in long positions, signaling potential market dynamics. Additionally, for Bitcoin to continue its positive momentum, it must break above critical resistance levels, particularly around $68,224.

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