Good morning everyone, yesterday BTC returned to 100,000. After the CPI data was released in the evening, the market reacted positively and began to rally.
Altcoins have also rallied back to the positions before the decline. Currently, BTC has once again reached the resistance level above 100,000. This level will continue to experience fluctuations. In the short term, we may see a small pullback, but from a liquidity perspective, the large coin at 100,000 is just the bottom and will continue to push higher.
Below, there is a drop resistance at 100,000-100,500. If successful, we can enter a short-term long position. The target above looks at the resistance at 102,000, and if it breaks, we will continue to look at 103,500.