BTC Market Brief: 95k is the critical threshold between bulls and bears; the reversal window has opened
$BTC Resistance above 94k is significant, and before reaching the preset short position, the price drops directly. The correction to the 92k-90k range overnight is basically complete, but from the 4-hour candlestick pattern, the buy-induced signals are very obvious. These two days are a key window: if the price cannot effectively break through 95k, or if it spikes to 95k and then quickly falls back, the current rally that started on the 1st will most likely come to an end. Only by firmly holding above 95k can bullish sentiment further spread. From a time cycle perspective, the seven consecutive days of rebound are approaching a turning point, and the supply and demand battle around 95k needs time to digest — in the short term, I am more inclined to expect a correction.
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BTC Market Brief: 95k is the critical threshold between bulls and bears; the reversal window has opened
$BTC Resistance above 94k is significant, and before reaching the preset short position, the price drops directly.
The correction to the 92k-90k range overnight is basically complete, but from the 4-hour candlestick pattern, the buy-induced signals are very obvious. These two days are a key window: if the price cannot effectively break through 95k, or if it spikes to 95k and then quickly falls back, the current rally that started on the 1st will most likely come to an end. Only by firmly holding above 95k can bullish sentiment further spread.
From a time cycle perspective, the seven consecutive days of rebound are approaching a turning point, and the supply and demand battle around 95k needs time to digest — in the short term, I am more inclined to expect a correction.