If Bitcoin's daily line fails to close positively this week, it may weaken short-term upward momentum, leading to cautious market sentiment. $BTC
Currently, Bitcoin faces significant resistance around $98,000, and whether it can break through this key level is the market's focus.
Next week, the difficulty of breaking through $98,000 will increase, but it is not impossible.
Currently, Bitcoin's MACD indicator is in the bullish zone, and the RSI index is above 50, showing some upward momentum.
However, a death cross has appeared on the daily level, indicating that bullish momentum is at its end, but the possibility of a market collapse is relatively low.
The overall sentiment in the cryptocurrency market is relatively optimistic, with the fear and greed index in the "greed" range.
This sentiment may support Bitcoin's price to some extent; even if it does not close positively this week, the market may still remain optimistic about next week's trend.
Recently, there has been an increase in inflows into Bitcoin ETFs, indicating institutional investors' interest in Bitcoin.
Additionally, exchange assets are showing a net inflow trend, indicating ample market liquidity, which positively affects Bitcoin's price increase.
The Trump administration's positive policy expectations for cryptocurrencies are an important support factor for the current market.
If favorable policies are implemented, even if Bitcoin fails to close positively this week, the probability of breaking through $98,000 next week will significantly increase. #比特币国家战略储备 #比特币盘整将持续多久？ #以太坊现货ETF连续净流入 #比特币后市