$TAO 下一個 #moment 👇我正在持有 | 幣安廣場上的 TMC

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$TAO 下一個 #moment  👇我正在持有

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Market Update - Once again Bitcoin has seen $106.5k acting as daily resistance with another exact rejection from the Previous Week High. The market is in an undecided position here and I would advise to have extra caution in positions or remain patient. If the resistance is not broken soon then we could sweep under $100k again, potentially even mid $90k. Donald Trump is speaking at the World Economic Forum today (approx 4pm UTC) which could cause volatility. Keep an eye for 4hr closes holding $99.5k (Monday Low.)

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Market Update: Bitcoin recently reached a new all-time high (ATH), but it fell short of setting a new daily close high. Resistance remains at $106k, the mid-December peak, which needs to be broken for a potential breakout. The $100k level has shown strong support, and it's crucial that this continues. However, overall market sentiment appears cautious, partly due to the absence of any mention of Bitcoin or cryptocurrency in Trump’s inauguration speeches. For the coming week, the Monday trading range is expected to be between $99.5k and $109.6k.

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Market Update Yesterday, we highlighted the $102,750 level as key support for Bitcoin on the 4-hour chart. If this support level was broken, a dip towards $100k was expected. This played out precisely, with Bitcoin briefly hitting $99.5k before rebounding sharply. The resulting 10% bounce led to a V-shaped recovery, pushing BTC to a new all-time high of $109.6k. As we look to today, expect a potentially volatile 24-hour period. Although US markets are closed, Trump's inauguration could bring immediate policy announcements that may impact both the crypto and traditional markets. Stay tuned for further developments.

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Market Update: Bitcoin continues to face significant resistance around the $106,000 level, with strong 4-hour resistance preventing further upward movement. The key support level to watch is $102,750 (previous week's high), as holding this level is crucial for a potential move past $106,000 in the near term. Altcoins are facing downward pressure this morning, largely due to rising Bitcoin dominance. However, SOL and TRUMP remain exceptions, showing positive performance amidst the broader weakness in altcoins. Caution is advised when trading altcoins until this dominance trend stabilizes.

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Market Update Bitcoin reached the $106k level faster than expected, but a rejection followed, as resistance in this area was anticipated. Currently, BTC is testing 4-hour support at $102,750 (previous week's high). Should this support level hold, a retest of $106k is likely. However, if the support fails, the next focus shifts to the $100k mark.

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