Bitcoin has recently been fluctuating around $95K with minimal gains. According to the latest market data, BTC is trading within a narrow range of $94,900 to $95,100, with only a 0.03% increase over the past hour, and trading volume is not very ideal.
From a technical perspective, the support level at $94,700 is quite obvious; if it breaks below this, a reassessment may be necessary. On the upside, the resistance at $95,300 is significant, and in the short term, the probability of continued sideways consolidation remains high. To truly break through this range, increased trading volume is essential; otherwise, false breakouts are likely.
Overall, both bulls and bears seem to be waiting and watching, with no one eager to make a rash move. Only a volume breakout can confirm the true direction; otherwise, we may need to continue waiting at this level.
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rekt_but_vibing
· 18h ago
Insufficient trading volume, I fear the false breakout the most
This thing needs to wait for increased volume to work, currently it's so dull
Still hesitating, when will it break out
Both bulls and bears are sleeping, no one dares to make the first move
After such a long consolidation, I think I have developed frequent urination
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AllTalkLongTrader
· 18h ago
Still dragging on, when will it finally get moving?
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MetaverseLandlord
· 18h ago
After such a long consolidation, trading volume is extremely sluggish, it feels like they're grinding the bottom.
Waiting for a real breakout with increased volume, it's easy to get caught if you act now.
Breaking 94700 would be a big problem, so let's just watch for now.
This market is definitely in a wait-and-see period, whoever moves first will suffer.
It's another fake breakout rhythm, so annoying, still have to keep waiting.
With such strong resistance at 95300, I think it's very difficult to go up in the short term.
Don't act recklessly before volume comes in; history always repeats itself in cutting people.
Better to miss out than get trapped, that's my painful lesson.
Trading volume is the key; breakouts without volume are all fake.
Both bulls and bears are flying kites, everyone wants to catch the bottom.
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ImpermanentPhobia
· 18h ago
Still hesitating, the trading volume really can't be looked at
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Waiting for volume to pick up? Wait until next year
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95300 really that strong? Feels very虚
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This wave is all trapped orders battling each other
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Break 94700 and it's time to cut, don't wait any longer
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The trading volume isn't cooperating at all, retail investors have already退出
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Been sideways for so long, I’ve fallen asleep
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HashRatePhilosopher
· 18h ago
Still rambling, when will there be a decent amount?
Bitcoin has recently been fluctuating around $95K with minimal gains. According to the latest market data, BTC is trading within a narrow range of $94,900 to $95,100, with only a 0.03% increase over the past hour, and trading volume is not very ideal.
From a technical perspective, the support level at $94,700 is quite obvious; if it breaks below this, a reassessment may be necessary. On the upside, the resistance at $95,300 is significant, and in the short term, the probability of continued sideways consolidation remains high. To truly break through this range, increased trading volume is essential; otherwise, false breakouts are likely.
Overall, both bulls and bears seem to be waiting and watching, with no one eager to make a rash move. Only a volume breakout can confirm the true direction; otherwise, we may need to continue waiting at this level.