
After a brief decline, Bitcoin is currently showing a mild recovery trend and is trading around $96,934. As Bitcoin is consolidating near important support levels, the market sentiment remains cautiously optimistic. Is Bitcoin ready to break through $100,000? This remains an open question. Bitcoin's recent price action shows that the $98,000 resistance level is being retested, with the 50-day moving average currently trading at $98,665. A successful breakthrough of the psychological resistance level of $100,000 could trigger bullish momentum. But if $98,000 fails to be recaptured, Bitcoin could fall back to $93,300, where the 200-day moving average currently provides solid support. Given Bitcoin's ability to sustain above $90,000, the overall trend remains bullish, but the momentum is fading.
A successful breakout above the psychological resistance level of $100,000 could trigger bullish momentum. However, if it fails to reclaim $98,000, Bitcoin may pull back to $93,300, where the 200-day moving average currently provides solid support. Given Bitcoin's ability to maintain above $90,000, the overall trend remains bullish, but momentum is weakening.

The RSI indicator suggests that Bitcoin may consolidate before any significant breakout, as it is neither overbought nor oversold. If Bitcoin maintains support above $95,000 and trading volume increases, it is likely to surge towards $100,000.
However, if it falls below $93,000, the bullish momentum may be offset, and Bitcoin will face further risks of dropping to $85,000. Although the overall market trend remains positive, Bitcoin needs to convincingly reclaim $98,000 to attempt to reach $100,000.
XRP's recovery is still insufficient.
After rising from the key support level of $2.18, XRP has shown a moderate recovery, currently trading at around $2.45. Although this upward trend seems encouraging, a closer inspection of on-chain data raises questions about the sustainability of this recovery. Recently, XRP dropped significantly from a local high of $3.20 to $2.18, before rising again. The next important resistance level is $2.69, while the 50-day EMA currently serves as short-term support. A clear breakout above this level would indicate stronger momentum, potentially leading XRP to attempt breaking above the $3.00 level again.
If it cannot maintain the current levels, XRP may drop towards the next important support level, which is $1.65 according to the 200-day EMA, providing stability. This scenario is likely to occur if the overall market becomes more pessimistic. The main concern for XRP is the significant decline in network activity. The provided data indicates that the number of executed transactions has dropped substantially, with only 693,898 transactions as of February 9, 2025. This suggests that investor interest is waning, raising doubts about the recent price rebound. Strong on-chain activity is often a necessary condition for achieving a positive rebound, but the decline in trading volume indicates that XRP lacks the support needed for long-term survival.
Shiba Inu faces pressure from the death cross.
The prospect of a death cross makes the situation for Shiba Inu even worse, as it has been struggling to recover from a recent decline. A death cross typically indicates a longer bearish trend when the 50 EMA crosses below the 200 EMA. While the technical indicators do not seem strong enough at the moment, SHIB is currently trying to recover from a recent low of $0.00001616.
In recent weeks, SHIB's value has been gradually declining, far from the recent peak of $0.00002200. The 100 EMA has now become a resistance level after it fell below significant moving averages. If SHIB cannot break above $0.00001850, it may continue to face bearish pressure. If SHIB fails to break above the 200 EMA (currently at $0.00002042), the likelihood of a death cross will increase. This pattern has previously led to prolonged declines in many assets, putting SHIB at a critical moment. To prevent a larger drop, SHIB must continue to rise and break above the 50 EMA. If a strong recovery occurs, momentum may shift to bullish.

Breaking above $0.00001850 may indicate a potential trend reversal, while SHIB dropping below $0.00001500 could confirm further declines. Investors should also pay attention to trading volume, as low volume may indicate insufficient buying support for a real recovery.#比特币 #XRP #柴犬 #美国大选比特币价格预测