Bitcoin early morning breaks through $96,000! In-depth interpretation of market fluctuations
(Note: Musk's tweet about Dogecoin has attracted market attention)
【Market Overview】
• Current price: $96,712, 24-hour increase of 2.37%
• Continues to rise after breaking through the key resistance level of $94,000
• Institutional dynamics: BlackRock's holdings increase to 620,000 BTC
• On-chain data: A whale address transferred 8,000 BTC to Coinbase
【Key Price Level Analysis】
⌛ Resistance range:
$97,000: Important options position concentration area
$100,000: Psychological round number
⌛ Support range:
$96,000: Short-term bull-bear dividing line
$93,000: Important medium to long-term support level
【Market Forecast】
🔥 Optimistic scenario (probability 20%):
Continuation of the upward trend testing the $100,000 level
🔄 Neutral scenario (probability 50%):
Consolidation range between $96,000 and $98,000
⚠️ Cautious scenario (probability 30%):
Break below $96,000 to test $93,000 support
Orange continues to pay attention to market analysis, accurately grasp market trends, and is ready to enter at suitable positions; if you want to get on board, beep beep.