Friends, the recent sideways market conditions may have made everyone feel quite tormented, but please remain calm and patient. I firmly believe that a market explosion is just around the corner. Currently, both bulls and bears are ready to pounce, like two well-fed beasts, poised to showcase their strength.
Once the price of Bitcoin rises to $98,000, the bears will face a risk of a massive loss of up to $2.1 billion. Conversely, if the price drops to around $90,000, the bulls may lose $1.7 billion in leveraged funds. However, both of these key price levels are like an impregnable fortress, difficult to breach easily, as the current forces on both sides are nearly evenly matched.