The ice sugar orange is about to break through the 100,000 mark, but a wave of pullback is almost inevitable before that. Industry experience tells us that the more a market surges high, the more volatile it becomes—that's the rule in the crypto world.



Currently, Bitcoin's price is anchored around the 95,200 range, as of approximately 4:45 AM Beijing time. From the daily chart, the trend has clearly formed an ascending flag pattern. The key question is: can the pullback hold the 95,000 neckline? As long as this level is not broken, the upward momentum will not fade. This week's market is nearing its end, and the next direction depends on the final performance after this sideways consolidation.

Looking at the daily K-line details. Before publishing, the highest touched 97,150, and the lowest dipped to 95,089. The EMA trend indicator still shows a bullish pattern, but it is currently contracting. The mid-term strong support at 94,000 remains solid as a rock. The MACD continues to increase volume, but the pace of DIF and DEA divergence upward is clearly slowing down. Notably, the EMA60 trend support coincides exactly with the 95,200 level, reinforced by the 0.618 Fibonacci retracement support, creating a resonance of double support—this has repeatedly provided opportunities for bullish entries. The upper Bollinger Band is at 96,600; although the K-line has already retreated inside the channel, the overall bullish trend remains intact.

Switching to the four-hour chart. The ascending flag pattern is more prominent here. The EMA30 combined with the 0.618 Fibonacci level forms a strong support zone around 94,200. MACD shows signs of bearish divergence at the top, with volume decreasing simultaneously, but the K-line has already touched the strong support area. The middle Bollinger Band support at 94,500 should be watched closely. From a short-term perspective, the pullback from 96,000 down to 94,500 is clear; although the space isn't huge, it is enough to create trading opportunities.

How to operate? Aggressive traders can take a small position to try and catch the rebound after this short-term pullback; conservative traders should wait patiently for the pullback to confirm support before making a move northward—that's a solid approach.
BTC-0.83%
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FlatTaxvip
· 2h ago
Is it really that crucial whether 95,000 breaks or not? It feels like there's always a new "neckline" to defend each time. Wait, with so much support between 94,000 and 95,200, the downside seems really limited. I've heard "light positions to gamble on a rebound" so many times; one misstep and you'll be catching a falling knife. Is 100,000 really that close? It feels like I just started to react. I think this wave of correction will be harsher than expected, but that 94,000 level is definitely a hurdle.
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GhostAddressHuntervip
· 2h ago
Whether to hold 95,000 or not really determines the subsequent trend. This time, it feels like the correction space is indeed limited, but there are quite a few opportunities.
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BridgeTrustFundvip
· 3h ago
What are we talking about again, the 95,000 neckline? I just want to ask, what if it breaks? --- Double support resonance? I've heard too many of these claims, and in the end, it just gets broken through. --- Aggressively taking small positions to gamble on a rebound, or waiting for confirmation... sounds nice, but in reality, it's all just gambling. --- Before hitting the 100,000 mark, a pullback is inevitable. I feel like I've heard this logic a thousand times. --- EMA60 plus Fibonacci retracement, no matter how many technical indicators pile up, they can't beat the big players dumping. --- The pullback from 96,000 to 94,500 "is enough to create trading opportunities," you mean enough to lose money, right? Haha. --- The 94,000 level is as solid as a rock... the last time it was said to be a rock-solid support, it was broken through. --- Instead of looking at Bollinger Bands or MACD, it's better to see where the big funds are accumulating. --- Talking as if a flag pattern will definitely break out, but no one can predict sideways consolidation.
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StableNomadvip
· 3h ago
bruh the 0.618 golden ratio double support cope is starting to feel like UST in May... "theoretically stable" they said. not financial advice but those support levels break faster than people's risk management in bull runs.
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