How long can Bitcoin maintain the breakthrough of 100,000?

Last night, Bitcoin once again surpassed 100,000 dollars. This is the first time it has stood above 100,000 since the adjustment of the 108-day pillar on January 20, 2025. Bull markets often begin amidst skepticism. Currently, the market is driven by Bitcoin along with a general rise in altcoins. Many oversold altcoins have rallied, and today, the daily chart has yet to show any bearish signals. It is expected to continue its upward momentum; the strategy is to follow the trend without chasing highs, rather wait for the four-hour adjustment line before considering entry. Support level to watch below: 101,300.

Ethereum's resistance was around 2027 yesterday, but the upward momentum of altcoins exceeded expectations, with prices reaching around 2250. This also triggered a rise in Ethereum-based tokens, so it’s advisable to pay more attention to Ethereum-related tokens recently, which have also been laid out in the community.

Solana has performed as expected but faster than anticipated. Yesterday, it was mentioned that if Bitcoin continues to strengthen, Solana could see prices above 160, and it has already reached that after a night of fluctuations. It is expected to continue going upward, so avoid chasing highs.

XRP rose above the 60-day moving average yesterday and seems to have stabilized. Recently, it is advisable to pay more attention to the leading XRP payment sector, which may see further gains quickly if there are movements from the U.S.

BGB has broken through the upper trend line; waiting for a small pullback is a good opportunity to enter the market, as it is expected to make moves towards 5 dollars.

Doge has performed closely to expectations, stabilizing above the 60-day moving average, with prices soaring to around 0.19, which is very close to the target price mentioned yesterday. It is expected that the market will likely attempt to reach the 0.2 price point, and if it stabilizes above that, the rally will continue!

Today's summary: With the release of news, Bitcoin is likely to maintain the 100,000 level for some time. The strategy is to wait for bearish signals to enter on the right side; there are currently no short positions, only considering entry at suitable prices!