This morning's surge was indeed unexpected, with Bitcoin approaching the 97,000 mark, and the rally was quite fierce. In this strong momentum, going long seems to be the more rational choice.
From a technical perspective, the area around 94,300 to 94,800 can serve as a support zone for bulls. Looking upward, the levels at 96,300 and 97,300 are important resistance points; whether they can be broken effectively will directly determine if the push towards 100,000 can continue.
Ethereum is also showing a good performance. The overall market heat remains strong, and traders can closely monitor these key price levels.
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MoneyBurnerSociety
· 13h ago
I fell into my old habit again. Seeing 97,000, I want to go all in, but there's a high chance I'll be liquidated at 96,300.
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FlashLoanLarry
· 13h ago
nah tbh the "rational choice" framing here is kinda sus... opportunity cost of chasing 97k when liquidity depth probably evaporates at key levels? seen this movie before lol
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BugBountyHunter
· 13h ago
97,000 dare to chase? I find it quite risky...
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This wave of increase is indeed rapid, but is 100k really that easy?
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Going long with the trend sounds good, but it's easy to get smashed down
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If 96,300 can't be broken, how do we play it later?
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I believe in Ethereum's upward movement, mainly depends on BTC's direction
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Having to keep an eye on these levels again, so tiring...
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97,300 is really critical; only worth discussing if broken
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94,800 can really be caught? I feel a bit uncertain
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ForkThisDAO
· 13h ago
97,000 already? It's only been a few days, and now they're starting to call for 100K again. I've seen this trick too many times.
This morning's surge was indeed unexpected, with Bitcoin approaching the 97,000 mark, and the rally was quite fierce. In this strong momentum, going long seems to be the more rational choice.
From a technical perspective, the area around 94,300 to 94,800 can serve as a support zone for bulls. Looking upward, the levels at 96,300 and 97,300 are important resistance points; whether they can be broken effectively will directly determine if the push towards 100,000 can continue.
Ethereum is also showing a good performance. The overall market heat remains strong, and traders can closely monitor these key price levels.