#美国就业数据不及预期 Bitcoin pulls back after a rally, can the key support hold?
$BTC $BNB $DOGE Bitcoin is stuck in a tug-of-war near $96,800. It was sharply dumped to $94,700 in the early hours, but the bulls quickly rebounded—this signal is clear: someone is bottom-fishing here. On the 4-hour chart, the price is now hovering around the $96,500 level, and the MACD looks like it's about to cross bullishly. The bulls are still strong; as long as this level holds, the room is upward.
Looking upward? $98,000 is a tough nut, but once broken, $100,000 is no longer a dream. Now, it's just waiting for that breakout.
How to play?
For the bulls, wait and see. If the $96,500 to $96,800 range can stabilize, you can try a small long position, with a stop-loss below $96,000. The initial target is $98,000; if it breaks here, hold on.
Don't forget the risks. The hourly chart shows some overbought signals now. If $98,000 can't be broken through, a pullback might test $95,000 or even $94,000. The Federal Reserve may cut interest rates, and big funds are buying, pushing the price upward. But at high levels, such turbulence is unpredictable. Don't chase the rally; strict stop-loss is a hard rule.
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SatoshiNotNakamoto
· 10h ago
When the 94,700 dropped, I almost had a heart attack. Now that it has rebounded to 96,500, I'm starting to hesitate whether to jump in or not. Truly tormenting.
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NervousFingers
· 11h ago
It's the same old trick again. They hit 94,700 in the early morning and start shouting to buy the dip. Does anyone really buy it? How will they break through the 98,000 barrier?
#美国就业数据不及预期 Bitcoin pulls back after a rally, can the key support hold?
$BTC $BNB $DOGE Bitcoin is stuck in a tug-of-war near $96,800. It was sharply dumped to $94,700 in the early hours, but the bulls quickly rebounded—this signal is clear: someone is bottom-fishing here. On the 4-hour chart, the price is now hovering around the $96,500 level, and the MACD looks like it's about to cross bullishly. The bulls are still strong; as long as this level holds, the room is upward.
Looking upward? $98,000 is a tough nut, but once broken, $100,000 is no longer a dream. Now, it's just waiting for that breakout.
How to play?
For the bulls, wait and see. If the $96,500 to $96,800 range can stabilize, you can try a small long position, with a stop-loss below $96,000. The initial target is $98,000; if it breaks here, hold on.
Don't forget the risks. The hourly chart shows some overbought signals now. If $98,000 can't be broken through, a pullback might test $95,000 or even $94,000. The Federal Reserve may cut interest rates, and big funds are buying, pushing the price upward. But at high levels, such turbulence is unpredictable. Don't chase the rally; strict stop-loss is a hard rule.