Do you remember the last post from Brother Niu last night? The trend within the range of 95,000 to 98,000 is positive because Bitcoin has held at the support level of 92,000. The upward focus of the night market structure allows us to start buying altcoins and spot positions from the level of 96,000.

Confirmation of the key resistance level is an important signal for Brother Niu to execute the strategy.

The reaction rise I mentioned in the previous Bitcoin analysis continues to provide short-term profit opportunities. However, the fact that the current market structure is approaching the resistance level requires a comprehensive assessment of various market factors, including technical analysis, fundamentals, and public sentiment, to plan the strategy.

Possible resistance targets:

Between 100,000 and 102,000.

If the upper position is reached, Brother Niu will have new analysis to adjust our strategy targets.

You can now set a breakeven stop on the altcoin spot and long positions bought today and last night, or take some profits to prevent a pullback in Bitcoin during the night.