Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

#数字货币市场洞察 Early this morning, Bitcoin made a strong breakout above the 94,000 mark, which is worth discussing. When it pulled back to around 93,500, buying support was quite firm. Volume data shows that capital is continuously flowing in, and the series of bullish candles does indicate some real strength.



From a technical perspective, the 92,500-93,000 range can serve as a reference point for bulls. Setting the first target at 94,500 is reasonable. If it can hold above this level, 95,500 becomes something to look forward to.

As for Ethereum, consider gradually building positions in the 3,200-3,210 price range. In the short term, look at 3,250 first, and if the breakout momentum continues, 3,270 is a good point to observe for adding more. Market sentiment is leaning bullish, but it's still important to manage your position size.

$BTC $ETH $SOL
BTC0.45%
ETH4.6%
SOL1.62%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
tx_pending_forevervip
· 7h ago
Now that 94,000 has been broken, it reminds me of getting trapped last time. Is this move real or not? With such strong volume, could this be another bull trap?
View OriginalReply0
HodlKumamonvip
· 8h ago
Let the data speak, that wave of buying at 93500 was indeed pretty fierce—the volume picked up and even the bears are a little tempted (◍•ᴗ•◍) --- 94500 really needs to hold; otherwise, it's just a fake-out, just scaring us small retail investors. --- I've learned the trick of splitting orders between 3200-3210 for ETH. Controlling your position size really is the only secret to surviving and exiting the market. --- A string of green candles is kind of therapeutic, but the bear still suggests keeping some cash handy, always ready to buy the dip—meow. --- 95500 is a dream, but 92500-93000 is my lifeline. What about you guys? --- I half believe the "market sentiment is warm" statement, because my mentality is always more volatile than the market itself, haha. --- What about $SOL? Why isn’t there any data on our big brother’s performance? Maybe let’s just focus on BTC and ETH, the two tough guys, for now.
View OriginalReply0
GateUser-a180694bvip
· 8h ago
The 94,000 hurdle has finally been broken, but I'm worried it might be short-lived again. We'll have to see if it can hold.
View OriginalReply0
FlashLoanLarryvip
· 8h ago
Breaking through the 94,000 level really wasn’t for nothing; the volume is holding up strongly. I positioned myself early. I’m optimistic that it can hold steady above 94,500, but risks need to be controlled—don’t get greedy.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)