Bitcoin is currently facing a critical resistance level at $94,000. Whether it breaks through or not will determine the subsequent market trend. If it can hold steady above this level, the bulls may continue to push higher; conversely, if it repeatedly encounters resistance, a pullback could be imminent. This is the current situation that requires close observation. Besides Bitcoin, the performance of Ethereum, XRP, and Solana is also worth paying attention to. Each cryptocurrency is engaged in a battle at its respective key levels, and whether they break through or face resistance will influence the overall market rhythm. The current technical pattern presents two possibilities, and investors need to adjust their strategies flexibly according to market changes.
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RektButStillHere
· 01-13 04:59
What's wrong with 94,000 again? Anyway, I'm already completely lost.
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governance_lurker
· 01-13 04:59
This level at 94,000 really makes your head spin. Either it breaks and pulls back, or it breaks and rises. Isn't that just like flipping a coin?
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MetaverseLandlord
· 01-13 04:58
Whether to break through the 94,000 barrier depends on these two days; we might have to test repeatedly again.
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GateUser-9f682d4c
· 01-13 04:52
94k is just a paper tiger. To be honest, no one can break through it.
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HodlKumamon
· 01-13 04:52
94,000 this level... Bear just calculated the success rate of breakthroughs over the past three months, which is actually around 52%, in other words, a fifty-fifty chance.
Wait, you say XRP is also testing a critical position? Then I need to review historical data. The last time multiple coins tested support levels simultaneously... Hmm, investors should actually be more concerned about their position allocation and not be fooled by technical patterns.
Alright, alright, dollar-cost averaging (DCA) is the way to go. This kind of oscillation range is actually a gentle reminder to add to positions.
Bitcoin is currently facing a critical resistance level at $94,000. Whether it breaks through or not will determine the subsequent market trend. If it can hold steady above this level, the bulls may continue to push higher; conversely, if it repeatedly encounters resistance, a pullback could be imminent. This is the current situation that requires close observation. Besides Bitcoin, the performance of Ethereum, XRP, and Solana is also worth paying attention to. Each cryptocurrency is engaged in a battle at its respective key levels, and whether they break through or face resistance will influence the overall market rhythm. The current technical pattern presents two possibilities, and investors need to adjust their strategies flexibly according to market changes.