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Recently, a major policy change in South Korea is quietly shifting the market landscape. South Korea has officially lifted the 9-year ban on institutional cryptocurrency investments. What does this mean? Top conglomerates like Samsung and Hyundai can now legally enter the market and make purchases. Don’t underestimate this news—this isn’t small retail trading; it’s genuine whale-level capital entering the scene.
Let’s look at the current BTC performance. It has been oscillating around the $95,000 level for nearly a day, with both bulls and bears vying for control. Although the recent pullback from the high of $122,000 caused some latecomers to suffer losses, the market logic has now shifted.
From a technical perspective, there are several key levels to watch. $98,000 is the current resistance. If we can break through this level with volume today, the next target could be directly at $106,000, potentially marking the start of a new major upward wave. The support level below is at $92,000; holding this line could turn any downward correction into a good entry opportunity.
Market sentiment-wise, the Fear & Greed Index is around 50, indicating a relatively calm state. This position is often a good time for institutional deployment—while most retail traders hesitate, large funds are quietly building positions. The current market fluctuations are effectively screening out those with weak resolve.
In terms of trading strategy, accumulating in batches is much safer than going all-in at once. Keep an eye on BTC and Ethereum. Ethereum is currently around $3,300 and showing strong momentum, possibly offering a rebound opportunity. On the altcoin front, the RWA and AI sectors have recently shown some activity, especially with a few leading projects. Instead of waiting for a rise and then regretting it, it’s better to pay attention early.
In simple terms, every pullback below $95,000 could be a buying opportunity. Hold onto your cheap chips—this round of market movement is far from over.