The Sunday crypto market showed good resilience. Bitcoin held firmly above the $95,000 level, bouncing back quickly each time it dipped. This aggressive buying behavior has excited many analysts. The overall global crypto market capitalization remains stable at $3.20 trillion, although weekend trading volume has indeed shrunk, the bulls' willingness still appears strong.
From a technical perspective, Bitcoin has stabilized above the 50-day moving average (around $89,200) and maintained a relatively solid structure above $94,600. The Fear & Greed Index is currently at 65, still in the greed zone. Interestingly, BTC's market share remains high at 58.9%, indicating that market preference for Bitcoin remains strong.
However, the market generally expects that once Bitcoin consolidates at high levels, the flow of funds next week will become interesting. Historical patterns tell us that when BTC's dominance is at this level, mainstream coins, especially assets like ADA, often experience a catch-up rally. In fact, ADA today was among the few mainstream coins to stay in the red amid volatility, driven by news of CME futures.
Regarding the next trend, analysts are generally eyeing the $107,500 level. As long as the price can hold above $95,000 at the Monday open, the technical outlook points directly to targets above the $100,000 mark. The market seems to have recovered from the previous shock of the bill's delay and is now full of expectations for an "institutional replenishment wave."
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BankruptWorker
· 8h ago
Holding 95,000 is quite firm, and this rhythm feels like waiting for next Monday's acceptance... The news about ADA this time is really good, I'm a bit tempted.
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RugDocDetective
· 12h ago
Holding firm at the 95,000 level is quite tough, but the real test will come when the market opens next Monday...
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GmGnSleeper
· 12h ago
95k has held strong for so long, the buying pressure is indeed fierce. Just worried about a false breakout and then a pullback.
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SatoshiNotNakamoto
· 12h ago
95000 holding up pretty well, but the real test is next Monday; only if it holds will it count. ADA's recent surge is quite interesting, and the index still shows it's in the greed zone. Be careful of the fate of the bagholders.
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MrRightClick
· 12h ago
The 95,000 level has been repeatedly pulled back, which is really a bit annoying. But the aggressive buying indicates that there are definitely some bullish investors. If it can hold next Monday, it will head straight to 100,000.
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MetaverseVagabond
· 12h ago
Is the 95,000 level really the top? I don't understand why it keeps getting pulled back every time. Feels like the whales are playing a heartbeat...
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BTC dominance is almost 60%. Mainstream coins are completely suppressed now. That little rebound in ADA can only be considered a slight improvement.
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100,000 barrier? Hey, let's see if we can get through this week first. I'm not holding much hope.
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Institutional replenishment wave? Just listen, anyway, no matter how the retail investors move, they are always the ones getting cut...
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The greed index is still in the greed zone. The most feared thing now is a black swan, right?
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Weekend trading volume shrank, yet they still claim bullish sentiment is strong. I'm tired of hearing this kind of rhetoric. Funds are all waiting for Monday.
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NeverPresent
· 12h ago
95000 holds firmly, this buying pressure is indeed fierce. Feels like there's a chance next week.
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LucidSleepwalker
· 12h ago
The 95,000 level is holding strong, which is quite interesting. Do you think ADA has a chance next week?
The Sunday crypto market showed good resilience. Bitcoin held firmly above the $95,000 level, bouncing back quickly each time it dipped. This aggressive buying behavior has excited many analysts. The overall global crypto market capitalization remains stable at $3.20 trillion, although weekend trading volume has indeed shrunk, the bulls' willingness still appears strong.
From a technical perspective, Bitcoin has stabilized above the 50-day moving average (around $89,200) and maintained a relatively solid structure above $94,600. The Fear & Greed Index is currently at 65, still in the greed zone. Interestingly, BTC's market share remains high at 58.9%, indicating that market preference for Bitcoin remains strong.
However, the market generally expects that once Bitcoin consolidates at high levels, the flow of funds next week will become interesting. Historical patterns tell us that when BTC's dominance is at this level, mainstream coins, especially assets like ADA, often experience a catch-up rally. In fact, ADA today was among the few mainstream coins to stay in the red amid volatility, driven by news of CME futures.
Regarding the next trend, analysts are generally eyeing the $107,500 level. As long as the price can hold above $95,000 at the Monday open, the technical outlook points directly to targets above the $100,000 mark. The market seems to have recovered from the previous shock of the bill's delay and is now full of expectations for an "institutional replenishment wave."