Wednesday early morning Bitcoin movement is quite interesting. The bulls increased their volume and launched an attack in the evening, with the price quickly reaching a high of 93666. There was a slight pullback afterward, but it found support and stabilized around 93200. From the daily chart perspective, this rebound has been quite strong.



The key now is whether it can continue to break upward. In the short term, Bitcoin is expected to move towards the 94400-95400 range, which is a clear target zone. If it can hold above these levels, there is still room for higher gains.

In terms of relative positioning, major coins like Ethereum are also cooperating. Support is around 3170-3150, with resistance seen at 3220-3250. Overall, the enthusiasm among bulls remains in this rally. As long as key support levels are not broken, there is still potential for further upward movement.
BTC4,8%
ETH7,48%
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
VitalikFanAccountvip
· 5h ago
That high point at 93666 feels a bit fake. Could it be another trap to lure more in? If we can't break 94400, we need to be cautious. Fangzi, you need to catch up with this move. I'm just worried it might be another oscillating market again.
View OriginalReply0
GateUser-addcaaf7vip
· 5h ago
If 93666 can't be broken, then we have to wait for the next wave.
View OriginalReply0
FlatTaxvip
· 5h ago
That wave of 93666 was really fierce, it looks exciting just watching it
View OriginalReply0
FOMOSapienvip
· 5h ago
93666 tried to test the waters, but didn't hold up. This is the true portrayal of the bulls. Can 94400 break through? To be honest, I'm not sure either. Anyway, let's see this step. Ethereum's follow-up feels a bit hollow; it seems there's not much real money involved.
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)