#数字资产市场洞察 Bitcoin has broken through $90,000, how much further can this market go?

Recently, market enthusiasm has continued to rise. Bitcoin has strongly broken through the $90,000 mark, and this increase has indeed attracted a lot of attention. Since November 22, Bitcoin has been fluctuating between $82,000 and $95,000 for more than a month.

What does long-term consolidation mean? Experienced traders know that the longer the accumulation at the bottom lasts, the more intense the subsequent reaction often is.

From the on-chain data, the situation is even more interesting. According to Glassnode's analysis, a large amount of historical cost is concentrated in the price range of $84,000 to $85,600. The data shows that over 970,000 Bitcoins were purchased in this range, forming a strong support. In other words, as long as this line is not effectively broken, the downside potential has actually been well limited.

$ETH, $DOGE, $ASTER and other mainstream coins are also rising, with a noticeable increase in market participation. Every slight pullback sees new buying pressure emerge. Should we continue to accumulate at the bottom, or are we about to embark on a larger upward movement? This is the question that everyone is facing right now.

Risks always exist, but the pattern is indeed stabilizing. The key at this stage is to pay attention to whether those critical support levels can hold, and whether the trading volume truly supports the price breakout. What is your view on the subsequent performance of this market trend?