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In the early morning, the bulls surged with a volume increase of nearly 3000 points, strongly breaking through the previous key resistance zone. The price quickly rose from around 93,400 to above 96,500. This round of rally has strong momentum and forms a clear bullish breakout pattern, clearly demonstrating the bulls' control ability.
#Gate储备金报告 $BTC
The current price has slightly retraced from the high point to around 95,400, which is a normal technical correction after a strong rally. The price is now steadily above the support zone (95,000-95,300) after the breakout. The overall structure remains a healthy bullish accumulation pattern, and the key moving average system has already shown bullish divergence.
As long as the price can stay above the 95,000 support, the breakout's validity will be confirmed, and the upward momentum is expected to continue. In the short term, focus on bullish opportunities if the price stabilizes within the support zone, with the first target looking towards the previous high near 96,500.