The market shows signs of brewing a major move. The target price for Bitcoin in the next six to nine months is seen at the key level of $210,000, while a major financial institution has established a significant position around the $170,000 mark. From a technical perspective, the RSI indicator is accumulating new momentum, which often suggests that selling pressure may soon ease.

What’s more notable is that a rounded bottom pattern is gradually forming on the 3-day chart. The bottoming process may be nearing its end. The total cryptocurrency market capitalization has even effectively broken through the previous resistance structure, which is often a precursor to a new upward cycle.

From an operational standpoint, prices below $100,000 could be the last opportunity to accumulate. Once this support level is effectively broken, further difficulties may follow. Mainstream cryptocurrencies like BTC, BNB, and ETH are all worth paying attention to.