Bitcoin encounters resistance near $95,000, and the short-term rally has stalled. The key is to keep a close eye on the support levels below. At present, Ethereum's performance is actually more eye-catching.
For BTC, if it moves to around 94,000 today, that will be a rapid support level. Going lower, only at 92,688 can it be considered effective support, but normal market conditions make it unlikely to reach that level. The resistance levels are at 97,000 and the 100,000 psychological mark.
In comparison, Ethereum's recent rally has been quite aggressive, with plenty of arbitrage opportunities in both spot and futures markets. However, whether the 3258 level can provide a short-term entry point remains uncertain. Yesterday's analysis mentioned waiting for a pullback to the 3600–3800 range, as that would be a more suitable zone for re-entering positions in spot markets.
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MEVHunter
· 5h ago
btc consolidating at 95k is textbook accumulation... mempool's been quiet tho, which is sus. eth outperforming makes sense if you're watching the arb spreads between spot and futures—sandwich that trade properly and you're printing
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ForkThisDAO
· 5h ago
Oh wow, BTC is stuck again at 95,000. I'm too familiar with this pattern.
Ethereum is the one truly moving, just looking at it makes me envious.
Wait until it reaches 3600 to 3800 before jumping in, no need to rush.
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MetaverseVagrant
· 5h ago
95000 is stuck, this time it's really a deadlock.
This wave of ETH is indeed fierce, much more interesting than BTC.
Waiting at 3600, no rush.
Bitcoin encounters resistance near $95,000, and the short-term rally has stalled. The key is to keep a close eye on the support levels below. At present, Ethereum's performance is actually more eye-catching.
For BTC, if it moves to around 94,000 today, that will be a rapid support level. Going lower, only at 92,688 can it be considered effective support, but normal market conditions make it unlikely to reach that level. The resistance levels are at 97,000 and the 100,000 psychological mark.
In comparison, Ethereum's recent rally has been quite aggressive, with plenty of arbitrage opportunities in both spot and futures markets. However, whether the 3258 level can provide a short-term entry point remains uncertain. Yesterday's analysis mentioned waiting for a pullback to the 3600–3800 range, as that would be a more suitable zone for re-entering positions in spot markets.