BTC Market Trend Observation



Bitcoin continues to push higher in this wave, with the short-term high already approaching the 98k level. Reflecting on previous analysis, friends who positioned short at around 977 are now seeing gains of approximately 1500 points in their accounts.

From a technical perspective, 98k remains a key resistance zone, with the nearest support level below around 94k. Once 98k is effectively broken, the next resistance is likely to be around 102k. However, frankly, 98k will still face considerable selling pressure in the short term, and whether it can be successfully突破 remains to be seen.

Overall, this upward move aligns well with previous judgments. Currently, the price is near a critical resistance level, with a clear division between bulls and bears. The key focus moving forward is whether it can突破 this 98k hurdle.
BTC1.76%
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BridgeJumpervip
· 6h ago
977 short position is now a huge win, over 1500 points profit is no joke Breaking through this key level of 98k is indeed difficult, selling pressure is too strong Can Bitcoin break 98k? It feels uncertain Profit is profit, everyone, don't be greedy Break through 102k? Let's see if 98k can be absorbed first
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rug_connoisseurvip
· 6h ago
Friends with short positions are making a killing, I was wrong again, sob sob Is the 98k level really that hard to pass? Feels like I'm stuck here By the way, who said 94k was the bottom? Does your face still hurt? This wave of upward momentum looks a bit fierce, gotta be careful of a pullback
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MoneyBurnerSocietyvip
· 6h ago
977 short position 1500 points? Bro, you're winning big. I'm still being repeatedly tested at the 94k support level. The 98k critical resistance level, to be honest, isn't that meaningful. What really matters is how deep the sell-offs can push the pit... Next time the market moves, I’ll have to go against you.
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SchrodingerAirdropvip
· 6h ago
977 short position that wave was really perfect, just took 1500 points like that, so satisfying. Can the 98k hurdle be broken? Feels like it needs a push from the news side. Waiting again, this kind of choppy market is really annoying. The resistance level is really tight, let's observe and see. This wave's pace is too slow, when will it reach 102 from 98?
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MevTearsvip
· 6h ago
977 short position is feeling great right now, just wondering if 98k can truly break through. Seems like the selling pressure is still quite strong.
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