【Coin World】Many people have shared a common sentiment about the recent market movement — Bitcoin seems to be brewing something. It has successfully broken through the 50-day moving average and completed a retest, which is a significant signal. At the same time, mainstream coins like Ethereum, Solana, and XRP have shown similar technical patterns, so what does this indicate?
Demand in the US market is clearly recovering. The premium indicator of a leading compliant platform has normalized, precisely reflecting that local investor enthusiasm is reviving, and the overall market structure appears healthier. Interestingly, in this round of market movement, altcoins have generally outperformed Bitcoin, suggesting that market risk appetite is recovering.
However, the key question remains whether Bitcoin can break through. The 200-day moving average at 107000 USD is right in front of us — how difficult will it be for it to break through and hold steady? If it fails, the market may have to revisit the 200-week moving average near 60000 USD, and the volatility at that point would be much larger. The short-term technical picture looks good, but whether it can sustain in the long term depends on whether this critical level can be held.
ビットコインは107Kの壁を守れるか？アナリストが詳しく解説：BTC、ETH、SOL、XRPの現状の動き
【Coin World】Many people have shared a common sentiment about the recent market movement — Bitcoin seems to be brewing something. It has successfully broken through the 50-day moving average and completed a retest, which is a significant signal. At the same time, mainstream coins like Ethereum, Solana, and XRP have shown similar technical patterns, so what does this indicate?
Demand in the US market is clearly recovering. The premium indicator of a leading compliant platform has normalized, precisely reflecting that local investor enthusiasm is reviving, and the overall market structure appears healthier. Interestingly, in this round of market movement, altcoins have generally outperformed Bitcoin, suggesting that market risk appetite is recovering.
However, the key question remains whether Bitcoin can break through. The 200-day moving average at 107000 USD is right in front of us — how difficult will it be for it to break through and hold steady? If it fails, the market may have to revisit the 200-week moving average near 60000 USD, and the volatility at that point would be much larger. The short-term technical picture looks good, but whether it can sustain in the long term depends on whether this critical level can be held.