$BTC $ETH $BTC

Trading Strategy

📊 Market Snapshot

Current Price: $96,724

24h Change: +1.63%

24h High / Low: $97,360 / $95,112

Market Cap: Approximately $1.92 trillion

24h Trading Volume: Over $33 billion

Bitcoin Dominance: 63.32%

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📈 Technical Overview

Resistance Levels: $97,500 → $100,000 (psychological barrier)

Support Levels: $95,000 → $92,000

Trend: Strong bullish momentum with increasing institutional interest and declining exchange supply.

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🧠 Trading Strategy

1. Short-Term Traders (1–3 Days)

Entry Point: Buy between $95,500 and $96,500

Target: $99,500 to $100,000

Stop Loss: $94,000

Rationale: With BTC approaching the psychological $100K mark, short-term traders can capitalize on the momentum.

2. Swing Traders (1–2 Weeks)

Entry Point: Buy between $94,000 and $95,500

Target: $105,000

Stop Loss: $91,500

Rationale: BTC is in a strong uptrend, and breaking above $100K could lead to further gains.

3. Long-Term Investors (1–6 Months)

Strategy: Implement Dollar-Cost Averaging (DCA)

Rationale: With institutional investments increasing and BTC dominance at a 4-year high, long-term prospects are favorable.

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⚠️ Risk Considerations

Market Volatility: BTC is known for significant price swings; ensure proper risk management.

Regulatory Developments: Stay informed about global regulatory changes that could impact the crypto market.

Psychological Barriers: The $100K level may act as strong resistance; be prepared for potential pullbacks.