From a short-term technical perspective, 98,000 is a noteworthy resistance level to watch. Currently, the 1-hour and 4-hour charts show divergence signals, and the RSI has exceeded 70, indicating that the rally may be overextended and a correction is building up — but whether a pullback will actually occur depends on whether positive news continues to drive the market.



If the price approaches 98,000 and encounters selling pressure, we need to observe whether it can hold above the 90,300 level. If it breaks through directly, then the key is whether the 4-hour chart can effectively confirm and sustain the breakout.

From a logical standpoint, the healthiest scenario would be: after a rally, a moderate pullback, with repeated consolidation between 90,300 and 98,000, allowing for chip rotation and energy accumulation, followed by a new upward push. This approach is more stable than a direct surge to 104,000 and is more conducive to sustained future growth.
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LiquidationWatchervip
· 7h ago
You really need to hold this 98,000 level well, or you'll have to reset the washout again, so annoying.
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ponzi_poetvip
· 7h ago
I agree with the 98,000 resistance level. But to be honest, I've seen many divergence signals and they often get broken through haha. If we can't hold 90,300 and it's directly over, we're done for today. Little brothers, keep going!
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SatoshiSherpavip
· 7h ago
98000 this threshold, to put it simply, depends on whether the big players want to let it go or not. Divergence signals are everywhere, and I've seen RSI overbought before. The key is whether there's real money being invested. If 90300 breaks, I wouldn't be surprised to see a direct move to 104K. The idea of a shakeout has been heard too many times.
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MEVSandwichVictimvip
· 7h ago
Can 98,000 really hold up? Feels like this wave is a bit weak.
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OnlyOnMainnetvip
· 7h ago
That 98,000 level is indeed a tough nut to crack. The divergence is right here. If it needs to be shaken out, then it has to be shaken out.
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