GM brothers
All day yesterday, it felt like #BTC was going to pick a relatively major direction. The morning session saw a strong push, successfully reclaiming the upper resistance trend line. Now we just need to see if this breakout proves effective.
From the perspective of the share distribution, the next obvious resistance zone is around 98k. This recent rally may very well be a spillover effect from speculative capital flowing out of the large A (US stocks) and precious metals, which have been surging continuously. Keep an eye on the breakout strength and volume-price coordination~
Last night, $BTC saw another strong rally, with price finally breaking above the key trend line for the first time—this is a significant move! Currently, Bitcoin has reached a short-term important resistance area. If it can break through cleanly and decisively, the next target will be the 100k psychological level. Once 100k is effectively held, a new major uptrend is highly likely to begin~
Ethereum #ETH also broke through the 3300 mark decisively last night, showing strong momentum, with no obvious signs of fatigue so far. Focus on the pressure at the upcoming resistance levels.
If there's a short-term pullback: Key support for Bitcoin: 94,000 (still bullish if not broken)
Key support for Ethereum: 3250 (still optimistic as long as it's not lost)

