BTC has rebounded to around 98000 today. The current resistance level has not been broken yet, and the upper space has not opened up. In terms of the overall trend, apart from the strength of BTC, other coins are still relatively weak and have not started to catch up yet. Today, with BTC touching the 98000 level intraday, we can look at the small-level pullback support levels. The first line to focus on is the range of 94000-95000. If the intraday level does not break below around 95600, it will once again attack 98000 and stabilize in the range of 98000-100000, which will drive the overall market up. If it breaks below around 95600 intraday, there is a possibility that the market could directly draw a door today, and the trend may return to around 94000, or back to the range of 93000-94000. Therefore, pay a little attention to today's fluctuations.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#BTC Hits 97K
BTC has rebounded to around 98000 today. The current resistance level has not been broken yet, and the upper space has not opened up. In terms of the overall trend, apart from the strength of BTC, other coins are still relatively weak and have not started to catch up yet. Today, with BTC touching the 98000 level intraday, we can look at the small-level pullback support levels. The first line to focus on is the range of 94000-95000. If the intraday level does not break below around 95600, it will once again attack 98000 and stabilize in the range of 98000-100000, which will drive the overall market up. If it breaks below around 95600 intraday, there is a possibility that the market could directly draw a door today, and the trend may return to around 94000, or back to the range of 93000-94000. Therefore, pay a little attention to today's fluctuations.