After yesterday's pullback, the market began to rebound this morning. From the daily chart, the bottom is indeed lifting, and trading volume has also increased, providing a solid foundation for the subsequent rebound. From a technical perspective, Bitcoin currently faces several key resistance levels that need to be broken through: 95100 is the recent major resistance, with additional checkpoints at 97007, 98349, and 100635. The support level below is set at 89900.
According to Gann theory, each resistance level could potentially become a critical point for a reversal in momentum. However, whether the market will actually reach those levels depends on the overall market cooperation. The crypto market's rhythm is like that—progressing step by step, respecting each level, and not rushing. In the coming days, the key will be whether trading volume can continue to gently increase, and how prices perform at these resistance levels.
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After yesterday's pullback, the market began to rebound this morning. From the daily chart, the bottom is indeed lifting, and trading volume has also increased, providing a solid foundation for the subsequent rebound. From a technical perspective, Bitcoin currently faces several key resistance levels that need to be broken through: 95100 is the recent major resistance, with additional checkpoints at 97007, 98349, and 100635. The support level below is set at 89900.
According to Gann theory, each resistance level could potentially become a critical point for a reversal in momentum. However, whether the market will actually reach those levels depends on the overall market cooperation. The crypto market's rhythm is like that—progressing step by step, respecting each level, and not rushing. In the coming days, the key will be whether trading volume can continue to gently increase, and how prices perform at these resistance levels.