Around 10:30 PM on January 2nd, after the US stock market opened, the crypto-related stocks collectively strengthened, and the crypto market responded with a rise. Bitcoin, which was still in a downward trend, suddenly surged from 88,400 to 90,126 within 15 minutes, an increase of nearly 1,000 points. Although there was a subsequent correction, roughly half of the gains were retraced, but BTC still held above the 89,000 mark. However, whether it can stabilize at this level remains uncertain—after all, Bitcoin was previously preparing for a downward adjustment from the near 90,000 high, and this area has been a recent pressure zone over the past two weeks. Influenced by this, Ethereum also broke through the 3,100 level but then retreated, marking its first revisit to this level in over a month. During the same period, Binance Coin reached a price of 879. The overall market fluctuations indicate that investors are still very sensitive to these key levels.
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QuorumVoter
· 6h ago
It really took so long to get past the 90,000 mark. It feels like the US stocks just surged right at the opening. Whether it's a false prosperity or a genuine breakthrough depends on the next few days.
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GweiWatcher
· 6h ago
The US stock market gave such a surprise right at the open, soaring 1000 points in 15 minutes. This pace is quite intense. However, this rebound still feels fake; can 89,000 hold steady? To be honest, I have some doubts, after all, this is a heavy resistance zone.
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MEVSandwichMaker
· 6h ago
The US stock market surged right at the open, this pace is a bit crazy. A 1000-point increase in 15 minutes is truly outrageous.
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LiquidityWitch
· 6h ago
nah this is just the market doing its little ritual dance at the resistance nodes... 89k ain't holding, that's the tell tbh. liquidity sacrifices incoming fr fr
Around 10:30 PM on January 2nd, after the US stock market opened, the crypto-related stocks collectively strengthened, and the crypto market responded with a rise. Bitcoin, which was still in a downward trend, suddenly surged from 88,400 to 90,126 within 15 minutes, an increase of nearly 1,000 points. Although there was a subsequent correction, roughly half of the gains were retraced, but BTC still held above the 89,000 mark. However, whether it can stabilize at this level remains uncertain—after all, Bitcoin was previously preparing for a downward adjustment from the near 90,000 high, and this area has been a recent pressure zone over the past two weeks. Influenced by this, Ethereum also broke through the 3,100 level but then retreated, marking its first revisit to this level in over a month. During the same period, Binance Coin reached a price of 879. The overall market fluctuations indicate that investors are still very sensitive to these key levels.