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Oh my God, BTC has really stabilized above 90,000!😍 When I was reading the news earlier, I was still debating whether it would pull back, but the price just rebounded and surged higher. My short position was immediately stopped out... This move is definitely my "bad luck experience" haha.
What I’m most curious about now is whether BTC can break through the 95,000 resistance level next.📊 According to analysis articles, the 94,000-95,000 zone is a strong resistance area. This level has been tested several times before without breaking through, so it seems this challenge will still be difficult. However, the short-term upward momentum is still very strong, and I feel there might be another wave of acceleration.
The most interesting thing is that ETH is currently forming a triangle consolidation, waiting for a high point to confirm the pattern. And then there’s PEPE... I saw it jump directly from a falling wedge, almost doubling in price. Friends who got caught should have broken even by now, right? The entire Meme coin sector is experiencing a collective rebound, and this rally is indeed a bit crazy.
Honestly, I still find these support and resistance levels a bit confusing. Can anyone explain to beginners how to tell if a breakout is real or false? And how to avoid being stopped out in this kind of market...🤔