【Blockchain Rhythm】Bitcoin just broke through the $94,000 mark and is now at $93,860, with a 24-hour increase of 2.66%. This wave of market movement is quite interesting; after a short-term breakout, there was a slight pullback, but the overall trend remains quite strong. Those paying attention to the market should also notice that Bitcoin’s volatility has indeed increased in recent days, especially since short-term breakouts often attract a wave of participation. However, risk management is still essential, as rapid price surges can easily form a spike pattern. Friends looking to buy the dip or to take action should consider their own strategies and avoid chasing highs.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
16 Likes
Reward
16
6
Repost
Share
Comment
0/400
ContractBugHunter
· 8h ago
The 94,000 level is quite interesting; after a dip, it went back up again.
View OriginalReply0
UnruggableChad
· 01-05 16:37
94k is really here, but I feel like this wave is a bit hollow...
View OriginalReply0
GweiWatcher
· 01-05 16:31
Here we go again, breaking 94 and pulling back, same old routine I say.
View OriginalReply0
FunGibleTom
· 01-05 16:27
94,000 has been broken. The contract explosion is probably about to start again. This wave of correction seems like it will continue.
View OriginalReply0
ForkItAllDay
· 01-05 16:24
Oh no, we're testing the edge of the spearhead pattern again. This rhythm really can't be sustained.
Rising and falling again, this wave feels a bit hollow.
The 94k breakthrough hasn't stabilized before starting to retrace, a typical fake-out move.
I feel this recent surge is a bit inflated; don't get caught up in it.
Short-term risks are too high, I think I'll stay on the sidelines and watch for now.
Breaking 94k and then retracing, the bears are still active.
It looks strong, but I think more time is needed for confirmation.
This breakout was a bit quick; beware of the spearhead pattern, everyone.
For those chasing the high now, how are you feeling? Heartbroken, right?
View OriginalReply0
FomoAnxiety
· 01-05 16:11
The 94,000 level does indeed make people itchy, but I still think this move is a bit too fast.
Bitcoin breaks through $94,000! Up more than 2.6% in 24 hours
【Blockchain Rhythm】Bitcoin just broke through the $94,000 mark and is now at $93,860, with a 24-hour increase of 2.66%. This wave of market movement is quite interesting; after a short-term breakout, there was a slight pullback, but the overall trend remains quite strong. Those paying attention to the market should also notice that Bitcoin’s volatility has indeed increased in recent days, especially since short-term breakouts often attract a wave of participation. However, risk management is still essential, as rapid price surges can easily form a spike pattern. Friends looking to buy the dip or to take action should consider their own strategies and avoid chasing highs.