BTC reaching 100,000, will ETH follow?
The possibility of BTC reaching 100,000 (current BTC price 94,305) is 98,952,436,989, current ETH price 1,812, and the potential for an increase depends on market correlation:
Strong correlation: ETH usually rises and falls with BTC. If BTC breaks through 95,000-96,000 and heads towards 100,000, ETH is likely to follow, with a short-term target of 1,900-1,950, and optimistically even looking at 2,000.
Current resistance: ETH's candlestick is bearish, and the trading volume is not strong enough. Breaking through 1,850-1,880 requires bullish effort, with short-term significant increases relying on BTC's drive and market sentiment.
Downward risk: If BTC retraces to 93,000 or lower, ETH may also fall, and if 1,800 is unstable, we need to watch 1,750-1,780.
Possibility analysis:
Short-term (1-2 weeks): The possibility of ETH rising to 1,900-1,950 is moderate, requiring BTC to lead and break through 1,850-1,880. If it retraces to 1,800 and stabilizes, the rebound opportunity will be larger.
Medium to long-term (1-3 months): If BTC reaches 100,000, the probability of ETH following to 2,000+ is relatively high, especially under a bullish market atmosphere or favorable news.
Advice:
Take it easy: Chasing high prices right now is a bit risky; wait for a drop to 1,800 or a breakthrough at 1,880 before acting.
Buying opportunity: If it drops to around 1,800 or 1,750-1,780 and stabilizes, consider buying in batches with a target of 1,900-1,950.
Watch volume and momentum: Increasing trading volume and BTC breakthroughs are key; don't rush to go all in, as the market could turn at any moment.