Recently, the movement of BTC is indeed worth paying attention to. Starting from 91k, the price once surged to 96k, then experienced a correction, stopping its decline and rebounding near 94.4k. This rhythm is quite interesting for traders.



Yesterday's rally was indeed significant, with a jump from 91k to 96k, a gain of 5 percentage points. Many people have profited considerably from this wave, with some traders earning enough in one trade to cover half a month's income. The key is whether one can accurately grasp the support level of this correction, and clearly, the 94.4k level provided effective support.

The performance of BNB and ETH is also worth observing. They followed the overall market and showed similar correction patterns, indicating that the market's overall correlation remains strong. From a technical perspective, this pattern of falling first and then rising has just accumulated momentum for subsequent sustained growth.

If you participated in this wave of trading, feel free to share your results and opinions in the comments section. Market conditions change rapidly, and listening to different viewpoints is always helpful for optimizing your trading strategies.
BTC-0,74%
BNB-0,24%
ETH-0,33%
View Original
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.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
GasFeePhobiavip
· 16h ago
View OriginalReply0
Layer3Dreamervip
· 16h ago
theoretically speaking, that 94.4k bounce is basically just recursive market structure doing its thing—reminds me of vitalik's writeup on state verification, where every dip reinforces the underlying consensus mechanism... the cross-rollup implications are actually fascinating if you zoom out
Reply0
AirdropHuntervip
· 16h ago
94.4k the rebound from the bottom is really incredible, I was just there to buy the dip 96k didn't dare to chase, luckily I stayed rational If the correlation is so strong, can BNB break new highs later Just added to my position again, just waiting for the next wave That 5% increase yesterday, I really missed out, oh well The support at 94.4k is so solid, it shows there's still a desire to go higher This rhythm is comfortable, not as violent as last time
View OriginalReply0
AlphaBrainvip
· 16h ago
94.4k this support level is really incredible, a one-second rebound leaves no time for the bears to react
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)