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#数字资产市场动态 Bitcoin can it continue to rise? My view is very clear—absolutely.
Looking at this recent rally, it surged from over 87,000 all the way to nearly 98,000. Although there were some corrections along the way, the overall trend is entirely upward. Currently, it’s oscillating around 96,600, which is not a dangerous signal at all, just a normal pullback in the upward process.
How to interpret the technicals? In the short term, there are indeed signs of overbought conditions. The KDJ indicator indicates this, and the MACD has also shown a death cross. But don’t be scared—these are minor adjustments, and the medium-term upward trend remains intact. More importantly, the ATR shows that market activity is still high, indicating that big funds are not panicking and fleeing, which is a good sign.
Institutions and long-term players have been steadily accumulating, and market sentiment remains very hot. As long as the 95,000 support level holds, breaking through the 100,000 mark is not just a dream but highly probable.
Don’t let short-term fluctuations affect your mindset; a dip could be an opportunity to buy. A pullback below 95,500 is a good entry point for long positions, and adding to positions at 94,500 is advisable. If it drops below 93,700, it’s time to stop-loss. Targets are set at 98,000, 100,000, and even 102,000. $BTC