【BTC/USDT Market Analysis】Breakthrough Imminent, Pay Attention to Key Support and Resistance
⚡ Market Dynamics:
BTC surged strongly in the morning session, reaching a high of $99,300, just a step away from the psychological barrier of $100,000. Current market sentiment is bullish, but one must be cautious of short-term profit-taking risks.
Key Technical Levels:
BTC Support/Resistance:
Support Zone: 98500 (short-term bullish defense) → 97500 (EMA20 dynamic support) → 97000 (previous high converted support)
Target Levels: 99500 (psychological barrier) → 100500 (Fibonacci extension level) → 101500 (volume target)
ETH Support/Resistance:
Support Zone: 1890 (intraday trend line) → 1870 (4H MA50) → 1850 (last line of defense for bulls)
Target Levels: 1920 (short-term resistance) → 1940 (testing previous high) → 1970 (weekly structure breakthrough)
Risk Control Tips:
1. Leverage Management**: Given the current volatility (HV7D > 80%), it is recommended to keep it ≤ 3 times
2. Position Strategy**: Use a pyramid adding strategy, initial position ≤ 5%
3. Stop Loss Reference**: Watch for trend reversal if BTC falls below 97000/ETH falls below 1850
(This article is for technical analysis only; the market carries risks, and decisions should be made independently. Strictly control positions and do not get overly excited!)