Morning Market Briefing. Bitcoin's recent rally has been quite good; yesterday's high has already been taken profit at the exit, but Ethereum is still holding.
From a technical perspective, the resistance level for Bitcoin on the daily chart should be in the range of 99,000 to 100,000. Once broken, the next target is around 110,000. This is the key point. Around 112,000, there is a large liquidity accumulation. From weekly and monthly charts, the main players need to absorb this portion of the chips; 100,000 is not enough to stop it. The psychological barrier of 100,000 is more of a transition, and the real target should be the liquidity pool at 110,000.
Ethereum's trend is basically synchronized with Bitcoin. There was no significant fluctuation yesterday, so continue to hold. The overall logic remains bullish — both from a capital perspective and technical analysis, the upward potential has not been fully unleashed.
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GasWaster
· 4h ago
honestly the 110k liquidity pool sounds nice on paper but have u seen what it costs to move positions rn? probably gonna lose half my gains to bridge fees before we even get there lol
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PonziDetector
· 5h ago
110,000 is the real hunting ground, while 100,000 is just a toll fee.
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StealthDeployer
· 5h ago
100,000 is just a transition; the real hunting ground is at 110,000. This guy makes sense.
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EyeOfTheTokenStorm
· 5h ago
Damn, I've also repeatedly looked at the data around the 110,000 level, and it is indeed a key liquidity accumulation zone. The psychological barrier at 100,000 can't really hold it back...
Honestly, I think your recent trading strategy is quite solid. Taking profits at the high points and then Ethereum continuing to hold is a good rhythm to control.
However, I still feel a bit anxious, as I suspect there's a good chance that the big players are digging a trap around 110,000. Based on historical data, this kind of market often fluctuates back and forth before breaking through.
Keep it up, everyone. Let's wait for the day when this wave of market movement is fully unleashed!
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Ramen_Until_Rich
· 5h ago
It was still fun to escape yesterday, but I really can't understand Ethereum's persistence.
With 110,000 in liquidity, the main force will definitely go for it. 100,000 is just a cover, don't be fooled.
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LiquidityWitch
· 5h ago
ngl the 112k liquidity pool is where the real alchemy happens... dark pool energy brewing rn
Morning Market Briefing. Bitcoin's recent rally has been quite good; yesterday's high has already been taken profit at the exit, but Ethereum is still holding.
From a technical perspective, the resistance level for Bitcoin on the daily chart should be in the range of 99,000 to 100,000. Once broken, the next target is around 110,000. This is the key point. Around 112,000, there is a large liquidity accumulation. From weekly and monthly charts, the main players need to absorb this portion of the chips; 100,000 is not enough to stop it. The psychological barrier of 100,000 is more of a transition, and the real target should be the liquidity pool at 110,000.
Ethereum's trend is basically synchronized with Bitcoin. There was no significant fluctuation yesterday, so continue to hold. The overall logic remains bullish — both from a capital perspective and technical analysis, the upward potential has not been fully unleashed.