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This pullback is a technical correction to the rapid surge in the previous two days. When Bitcoin was testing the key resistance zone of $93,000-$94,000 and Ethereum was facing resistance around $3,200, bullish momentum temporarily weakened and bears took the opportunity to counterattack. However, the downside was quickly blocked by buying interest.
$BTC Bitcoin is currently at a very critical technical juncture, and the next move will determine whether the rebound continues or a deeper correction begins.
Key resistance zone ($93,000-$95,000): This is the current focus of the market. The $93,000-$94,000 area is a historical pivot point where bulls and bears have repeatedly battled recently. If this zone can be successfully reclaimed and held, Bitcoin is likely to embark on a journey toward $100,000. However, there is a key liquidity cluster near $95,000, which was a strong support in the past and now acts as strong resistance.
Consider entering long positions on dips to 91,500-92,000, with targets at ๐ฏ93,500-94,300. If a breakout occurs, further reduce positions and look to $95,000. $ETH #ๅไบๆ้ๆฏ้ขๆต