Bitcoin price has surged near 98,000, which is a clear area of concentrated resistance. The risk of chasing longs is relatively high.
For the subsequent market rhythm, I'm mainly watching two key levels: 95,000 and 93,700.
If Bitcoin can stabilize above 95,000, that would be a signal of strong consolidation, and any pullback would be an opportunity to add positions. However, if it breaks below 93,700, the market rhythm would need to switch to adjustment mode, and we'd need to be more cautious at that point.
Market sentiment has already returned to the greed stage. At this moment, rather than guessing where the market will go, it's better to focus on controlling the pace—selecting the right entry timing and managing risk well often matters more than directional judgment.
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Bitcoin price has surged near 98,000, which is a clear area of concentrated resistance. The risk of chasing longs is relatively high.
For the subsequent market rhythm, I'm mainly watching two key levels: 95,000 and 93,700.
If Bitcoin can stabilize above 95,000, that would be a signal of strong consolidation, and any pullback would be an opportunity to add positions. However, if it breaks below 93,700, the market rhythm would need to switch to adjustment mode, and we'd need to be more cautious at that point.
Market sentiment has already returned to the greed stage. At this moment, rather than guessing where the market will go, it's better to focus on controlling the pace—selecting the right entry timing and managing risk well often matters more than directional judgment.