#数字资产市场动态 Can Bitcoin really break through 107,000? Probably not
【From 87,000 to 98,000, the rebound trend is about to be set】
The recent rally has completed a full rebound cycle. After breaking the level, the roles of resistance and support have swapped. Now, the price is repeatedly testing within the 94,500 to 98,000 range, with both bulls and bears fighting here, and the direction choice is right in front of us. Honestly, the probability of a downward break seems higher.
Why do I judge it this way? The 98,000 level has quite strong resistance — the Fibonacci ratio 0.382 and the lower edge of the previous platform, two layers of resistance stacked together. Breaking through is not easy. If Bitcoin really manages to push to 107,000, it will have to take it step by step, and the current probability is indeed low.
Don’t forget, the 87,000 to 98,000 range was originally a rebound zone. When the price returns to this area, be extra cautious of a pullback risk. Trading strategies will be adjusted in real-time based on the market, so just keep an eye on subsequent updates here.
**What about Ethereum?** Basically following the overall market trend. There are two short-term points of interest — first watch the performance around 3,500, then above that, the range is 3,600 to 3,700.
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AirdropHunter007
· 2h ago
The 98,000 pressure is indeed a bit intense; with two layers stacked, no one can break through.
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MeaninglessGwei
· 2h ago
The 98,000 hurdle is really tough to overcome, with two layers of pressure stacking up.
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PumpStrategist
· 2h ago
The 98,000 hurdle, Fibonacci 0.382 retracement, two layers of resistance are indeed strong. 107,000? Just a probability game, it's not a casino, don't go all-in.
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DAOdreamer
· 2h ago
98000 is indeed a tough barrier; I also think it can't be broken.
#数字资产市场动态 Can Bitcoin really break through 107,000? Probably not
【From 87,000 to 98,000, the rebound trend is about to be set】
The recent rally has completed a full rebound cycle. After breaking the level, the roles of resistance and support have swapped. Now, the price is repeatedly testing within the 94,500 to 98,000 range, with both bulls and bears fighting here, and the direction choice is right in front of us. Honestly, the probability of a downward break seems higher.
Why do I judge it this way? The 98,000 level has quite strong resistance — the Fibonacci ratio 0.382 and the lower edge of the previous platform, two layers of resistance stacked together. Breaking through is not easy. If Bitcoin really manages to push to 107,000, it will have to take it step by step, and the current probability is indeed low.
Don’t forget, the 87,000 to 98,000 range was originally a rebound zone. When the price returns to this area, be extra cautious of a pullback risk. Trading strategies will be adjusted in real-time based on the market, so just keep an eye on subsequent updates here.
**What about Ethereum?** Basically following the overall market trend. There are two short-term points of interest — first watch the performance around 3,500, then above that, the range is 3,600 to 3,700.