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This morning's market exploded directly. Before many people even started watching the charts, Bitcoin suddenly launched a fierce rally. BTC surged to a new high of $93,415, with an intraday increase of over 2%, marking the best performance in nearly three weeks. This rapid and direct upward move indicates that market sentiment is actually quite hot, not a slow and sluggish trend pushing up gradually.
At the same time, Asian stock markets also opened higher collectively, and the overall risk asset atmosphere has noticeably warmed. The Taiwan stock market even hit the limit up, with the index surging towards 30,000 points, showing a clear market linkage effect.
Currently, several key levels that the market is most concerned about need attention. $92,000 is the most important short-term psychological barrier; if it is broken, there may be downside pressure. Looking higher, $95,800 is the next obvious resistance level. If this level is successfully broken, the $100,000 mark will once again become a focal point in market discussions.
It is worth noting that this rally is not just Bitcoin performing alone. Almost all of the top ten cryptocurrencies are in the green again, with Ethereum challenging $3,200 once more, and BNB regaining the 9-figure level. This broad warming reflects a resonance across the entire risk asset category, rather than isolated upward moves of individual assets.
However, it is necessary to remind that macro noise has not completely dissipated. The US's subsequent actions regarding the Venezuela situation may still cause market disturbances at certain moments. Additionally, whether the Federal Reserve will continue to cut interest rates remains uncertain. These factors could influence the price trend again at the right time. Although short-term sentiment is warming, it is still necessary to remain vigilant about risk.