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.
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GasFeePhobia
· 16h ago
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Layer3Dreamer
· 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
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AirdropHunter
· 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
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AlphaBrain
· 16h ago
94.4k this support level is really incredible, a one-second rebound leaves no time for the bears to react
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.