Greeks.live: Market Remains Cautiously Optimistic After BTC Surpasses $100,000, Significant Fluctuations Possible in the Near Term
Odaily Planet Daily News: Greeks.live macro researcher Adam posted on the X platform stating that after Bitcoin surpassed $100,000, the market remains cautiously optimistic, focusing on the important resistance level of $108,000 and the 4-hour EMA200 (approximately $73,000) as key indicators. Most analysts believe that a diamond consolidation pattern has recently formed, indicating imminent significant volatility, but there is disagreement on the direction.
The outlook for Ethereum has sparked heated discussions, with some traders optimistic about ETH, believing that CEX acquisitions, ETF staking, and passive buying by index funds will support the price, firmly believing it can reach $4,000 by the end of the year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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