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Market Update As noted yesterday, the $96k level (4-hour EMA200) was expected to act as resistance for Bitcoin, and we saw a strong rejection exactly at that price point. With BTC now trading below $94.5k (the weekly open), the potential for a pullback to the $90k range remains on the table. The key focus now will be on how the market behaves within the Monday range to determine the next move.
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Market Update: Bitcoin has been trading within a narrow 1% range so far this weekend, showing minimal movement. The $93.5k level, which represents the Monthly Open, remains a key support area, while $96k (4hr EMA200) stands as the immediate resistance to break. With volume still low, there's no rush, but we could see a spike in volatility as the weekly close approaches.
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Market update- A bad day of price action for Bitcoin yesterday catching out traders on both sides. We are seeing $93.5k (Monthly Open) holding as 4hr support now, as we were looking for, but BTC has been able to hold $95k+. I am not expecting any significant moves today, but I will be watching the reaction of any push towards $96k (4hr EMA200) or further retests of $93.5k.
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Market Update As highlighted in yesterday's update, Bitcoin had a strong likelihood of testing lower levels around $90k. The market touched a low of $91k, with the key support at $91.5k (Prev Week Low) providing a strong reaction. BTC has since reclaimed the $93.5k (Monthly Open), signaling the start of a potential V-shaped recovery. If the current bullish momentum holds, the next target is a push towards $97.8k (Monday Low). Traders should keep an eye on the strength of this move to gauge whether the recovery continues.
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Market Update: Yesterday, Bitcoin tested the $93.5k - $92.8k region, as anticipated. After this test, we saw a solid 2.5% bounce, but the market is starting to show signs of weakness again. The latest 4-hour candle closed below the $93.5k level (Monthly Open), and Bitcoin is currently struggling to reclaim this key area. If Bitcoin can break back above $93.5k, we could see a move toward $97.8k (Monday's low) by the end of the week. However, if it fails to regain this level, there’s a risk of a further pullback, potentially testing the $90k region.
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實時新聞
ETH 突破 3,100 USDT，24 小时跌幅收窄至5.40%
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BNB 突破 680 USDT，24 小时跌幅收窄至2.20%
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BTC 突破 93,000 USDT，24 小时跌幅收窄至1.41%
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Meta 被指控删除竞争平台链接，质疑其言论自由承诺
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BNB 突破 670 USDT，24 小时跌幅收窄至3.68%
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