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In the past 5 minutes, there has been a significant influx of Coinbase spot buyers making purchases, pushing the price to a key breakout point.
This price level of 102000 can be considered the last major hurdle that needs to 'reverse'.
Perpetual contracts still seem to be the main driving force, but that doesn't mean the price won't continue to rise. Since it's still very likely that there will be another retest of the lower support level, we should closely monitor the market's reaction at this price level.
