Incredible rebound! The bear market has temporarily failed, can the market recovery be sustained?

News came in the morning that the bear market seemed to have the upper hand, but just 5 minutes later, the situation completely reversed, and prices surged! From morning until now, the market has been almost entirely green, and the candlestick chart shows real trading volume, with no false upswing, and bullish sentiment is strong!

Important key points:

Resistance level: 95.7 If it breaks down, it will test 96.3;

Support level: 94.3.

Although many people believe that prices cannot keep rising and worry about a market crash, the current market pattern is completely different from the past, especially for Bitcoin. Although it will fluctuate due to market, macro policies, and geopolitical influences, the medium and long-term prospects remain bright.

Don’t forget, my Fibonacci targets have been updated, and even if the road ahead is bumpy, I am confident we will achieve it! 👊

Note: These are merely personal observations, not investment advice. The market changes rapidly, so please remain vigilant in the short term!