There's a clear resistance level at $100,000 (red horizontal line) Three recent rejections from the 100K level (marked with red circles) We have a support zone around $90-92K (marked in green) The market has been making higher lows since November, indicating an overall bullish trend. Recent price action shows formation of liquidity pools above 100K Multiple attempts to break 100K suggest accumulation at these levels The quick rejections from 100K could indicate stop-loss hunting by larger players Volume profile (shown at bottom) indicates decreased volume during recent moves Short-term (1-2 weeks):
Likely consolidation between :92 K-100K range 100K remains a significant psychological resistance Watch for false breakouts above 100K which could trap retail buyers
Mid-term (1-3 months):
Bullish bias as long as 90K support holds Potential for a decisive break above 100K after sufficient accumulation Key to watch institutional flow and spot market demand
Long-term (6+ months):
Overall structure remains bullish with higher lows 100K level likely to be broken after sufficient consolidation Major support zone at $90-92K needs to hold for continued uptrend
Key levels to watch:
Major resistance: $100,000 Current support: $92,000 Critical support: $90,000
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