After Bitcoin breaks $95,000, the $100,000 mark becomes the decisive "winning hand"!

After Bitcoin broke the key resistance level of $95,000, it fully took control of the bullish situation, but all eyes are now focused on the psychological barrier of $100,000. This level is not only a huge resistance point but could also become the starting point for a new round of historical highs!

Technical Analysis

Breaking through $95,000 marks the full activation of the bull market, and the price increase after a short-term consolidation further confirms the continuation of the bullish trend. The current focus is on $100,000, a whole number that is historically filled with psychological pressure and may become a high-frequency area for profit-taking. If successfully broken, a strong rebound will follow, bringing the historical high of $109,000 within reach.

4-Hour Chart Analysis

After consolidating at $95,000, Bitcoin has broken through again, confirming bull dominance. $100,000 is the next major challenge; a break will trigger a new round of increases; if it fails to break, it may face a pullback to the $90,000 support area.

On-Chain Analysis

The Taker buy/sell ratio has skyrocketed, reflecting market participants' confidence in price increases, with strong bullish sentiment driving the market to accelerate entry. This trend may indicate the arrival of a strong upward move, especially with the increase in open contracts.