$BTC
Let’s focus on the overall market trends again
After the weekend’s fluctuations, Bitcoin is trending upwards, and the bulls are still in a strong position. In the early morning, there was another surge, with the current high point reaching around 98842. The overall strong structure is still quite evident. After undergoing adjustments, the daily line has started to turn upwards again. The momentum correction rhythm has basically become a thing of the past, and multiple consecutive up days have essentially laid the foundation for the bulls' surge. If the strong market retraces for a correction, it will bounce back up again, and the upward trend will continue. In the short term, after confirming support on the retracement, it will bounce back, and the confirmed support low point is continuously rising. Just keep an eye on the upward movements during the process of raising the low points of the pullback.
Currently, Bitcoin's resistance is around 100,000, with strong support moving up to around 96,000; Ethereum's resistance is at 3,800, with short-term support at around 3,500.