【Can BTC Take Another Step Up? Let's See What These Data Say】
Attention to friends monitoring the market in the early hours. BTC's current price is hovering around $97,611. From a technical perspective, the RSI is at 60.4, indicating that the upward momentum is still quite steady. Behind this strong trend, is there a big move brewing?
Regarding key levels, the support below is solid at $95,658.78, resistance above is around $99,563.22, and the breakout level is at $99,075.16. Simply put, the current market seems to be gathering strength. If it can hold above $99,075.16, then $99,563.22 is within reach.
Why are so many people optimistic lately? An important point is that Bitcoin has never stopped building its ecosystem. Continuous institutional deployment, new application scenarios being implemented, expanding developer ecosystem... all these are hinting that market expectations for BTC's future are heating up.
But here’s a reminder — during the early hours, trading liquidity is usually relatively low, and volatility can come suddenly. If you plan to participate, controlling your position size is the top priority. Many tend to be scared by short-term fluctuations or chase the market excessively at this time, which can lead to getting caught.
The current plan is that if BTC can firmly stay above $99,075.16, consider small position entries. The key is to keep a close eye on market trends and not let enthusiasm drive decisions. After all, the market can change in an instant, and anything is possible.
Staying up late to monitor the market can be tiring. Don’t forget to take care of yourself. 📊
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DataChief
· 15h ago
Level 99075 can't be cleared. I think we need to wait a bit longer. During the early morning, low liquidity makes it easy to get chopped up and lose money.
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Fren_Not_Food
· 15h ago
9.9k will still break, the question is when it will break...
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OnlyOnMainnet
· 15h ago
It's the same 99075 trick again, always saying it will break through, but it just keeps rubbing there. That's what was said yesterday as well.
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ProveMyZK
· 15h ago
Will this 99k break or not? If it breaks, I'll go straight to 100k; if not, I'll wait. Anyway, I'm not in a hurry.
【Can BTC Take Another Step Up? Let's See What These Data Say】
Attention to friends monitoring the market in the early hours. BTC's current price is hovering around $97,611. From a technical perspective, the RSI is at 60.4, indicating that the upward momentum is still quite steady. Behind this strong trend, is there a big move brewing?
Regarding key levels, the support below is solid at $95,658.78, resistance above is around $99,563.22, and the breakout level is at $99,075.16. Simply put, the current market seems to be gathering strength. If it can hold above $99,075.16, then $99,563.22 is within reach.
Why are so many people optimistic lately? An important point is that Bitcoin has never stopped building its ecosystem. Continuous institutional deployment, new application scenarios being implemented, expanding developer ecosystem... all these are hinting that market expectations for BTC's future are heating up.
But here’s a reminder — during the early hours, trading liquidity is usually relatively low, and volatility can come suddenly. If you plan to participate, controlling your position size is the top priority. Many tend to be scared by short-term fluctuations or chase the market excessively at this time, which can lead to getting caught.
The current plan is that if BTC can firmly stay above $99,075.16, consider small position entries. The key is to keep a close eye on market trends and not let enthusiasm drive decisions. After all, the market can change in an instant, and anything is possible.
Staying up late to monitor the market can be tiring. Don’t forget to take care of yourself. 📊