#以太坊行情解读 Bitcoin has broken through 90,000 USD. In this cycle, starting from mid-November, BTC has been testing between 82,000 and 95,000 USD for a whole month. Experienced traders know what it means to build momentum - the longer the sideways period, the more vigorous the subsequent momentum tends to be.
$ETH, $DOGE, and $ASTER have also shown performance among mainstream coins. But the real focus is on the support level. According to on-chain data analysis, the price range of $84,000 to $85,600 holds special significance—over 970,000 BTC of holding costs are stuck here. This is not just a virtual number, but rather the "defensive line" of the whales. As long as the price stabilizes above this area, the downside potential is essentially locked in.
From a technical perspective, the current situation is: the consolidation has been sufficient, and the distribution of chips is very clear. The question facing everyone is whether the market will continue to oscillate and digest within this range or directly break upward. Each pullback has provided a new entry window, but risk management is always the top priority.
I would like to ask all my friends at Gate: what do you think about the upcoming rhythm? Is it a signal to stick with technical breakthroughs, or should we remain cautious about the current heights? Leave your thoughts in the comments section, and let's discuss the next direction of this market together.
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#以太坊行情解读 Bitcoin has broken through 90,000 USD. In this cycle, starting from mid-November, BTC has been testing between 82,000 and 95,000 USD for a whole month. Experienced traders know what it means to build momentum - the longer the sideways period, the more vigorous the subsequent momentum tends to be.
$ETH, $DOGE, and $ASTER have also shown performance among mainstream coins. But the real focus is on the support level. According to on-chain data analysis, the price range of $84,000 to $85,600 holds special significance—over 970,000 BTC of holding costs are stuck here. This is not just a virtual number, but rather the "defensive line" of the whales. As long as the price stabilizes above this area, the downside potential is essentially locked in.
From a technical perspective, the current situation is: the consolidation has been sufficient, and the distribution of chips is very clear. The question facing everyone is whether the market will continue to oscillate and digest within this range or directly break upward. Each pullback has provided a new entry window, but risk management is always the top priority.
I would like to ask all my friends at Gate: what do you think about the upcoming rhythm? Is it a signal to stick with technical breakthroughs, or should we remain cautious about the current heights? Leave your thoughts in the comments section, and let's discuss the next direction of this market together.