The asset breaks 96,400 USD on May 1 after several days of consolidation. We analyze the behavior between 92K and 96K and what to expect in the coming days.


📈 Technical analysis of the price: from support at 92.62K to 96.40K USD

Between April 24 and May 1, the asset has traveled a very defined range, oscillating between 92,620 USD (minimum marked on April 25) and 96,400 USD, strongly reached on May 1.

During these days, several breakout attempts were observed, but all remained in a sideways channel between 93K and 95K USD, until the key movement occurred on the last trading day of April: an accelerated and sustained rise that broke previous resistances.

This type of breakout with high volume is usually a signal that buyers have taken control and are seeking new highs.

📊 What can we expect: projection for the coming days

With the price currently at 96,400 USD, the next natural target is the psychological level of 97K USD. If this level is surpassed, analysts foresee a direct run towards 98,500 USD – 99,000 USD as profit-taking zones before attempting to break 100,000 USD.


Key LevelFunction92,620 USDHistorical support95,000 USDCurrent technical support96,400 USDCurrent price (May 1)97,000 USDNext psychological resistance99,000 – 100,000 USDMedium-term target

🔥 Are we close to 100K?

Yes, if momentum is maintained. The recent decisive and voluminous break of 96K suggests that buyers are ready to push the price to new highs.

The factors that may drive this movement are:

  • FOMO (fear of missing out) if it crosses 97–98K.

  • Institutional accumulation at previous levels.

  • Positive volatility in related cryptocurrencies (like Bitcoin, if this is a linked index).

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This content is informative and does not constitute financial advice. Cryptocurrencies are volatile assets; invest responsibly.

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