The 94-95K level in Bitcoin just can't be broken. Even though the selling pressure has decreased, new resistance points are forming immediately. A serious move with high volume is needed to break through this range. Support from big players is essential. If anyone in the market knows strong hands, let them spread the word and let's see what happens.
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.
17 Likes
Reward
17
6
Repost
Share
Comment
0/400
CoinBasedThinking
· 12-10 17:01
The 94-95K hurdle is really stubborn; it feels like without a significant amount of capital pushing it, it can't be broken through at all.
View OriginalReply0
OnChainDetective
· 12-10 09:11
94-95K, I tracked the on-chain transfer for five days, and the whale wallet cluster has not made any big moves since last night, and it is estimated that they are waiting for a signal
View OriginalReply0
SolidityStruggler
· 12-10 00:00
Wait, so does that mean the whales are intentionally suppressing the price?
View OriginalReply0
OvertimeSquid
· 12-09 23:59
What decrease in selling pressure? This is just accumulation. Just sit back and watch the show.
View OriginalReply0
DaoDeveloper
· 12-09 23:53
the resistance pattern here is basically a textbook order book gridlock - we're seeing insufficient liquidity depth to absorb buy pressure. without institutional capital flowing in, retail can only push so far before hitting walls.
Reply0
BoredWatcher
· 12-09 23:53
Wait, is this resistance level really unbreakable? Feels like we're all just waiting for the whales to step in.
The 94-95K level in Bitcoin just can't be broken. Even though the selling pressure has decreased, new resistance points are forming immediately. A serious move with high volume is needed to break through this range. Support from big players is essential. If anyone in the market knows strong hands, let them spread the word and let's see what happens.