Bitcoin just broke through a key resistance level and is now fluctuating around $97,000. Less than 3% away from the globally watched integer milestone—$100,000.



From a technical perspective, the range between $98,000 and $98,500 is very interesting. This is where trading has been most concentrated today near the high. The closer to that integer, the more profit-taking orders from short-term traders there are, naturally forming a "psychological pressure zone."

$100,000 is not just a number. It’s a psychological threshold that the whole world is paying attention to. Once a volume breakout occurs and it stabilizes above this level, Bitcoin’s space for growth will be fully unlocked, entering a price zone with no historical reference—the true "unknown territory."

From a long-position perspective, the range between $93,000 and $95,000 is worth watching. Recent volume breakthroughs have occurred near this area, forming a dense cost zone. If the price can return to this region and stabilize, it indicates strong buying interest and desire among the bulls. In other words, this is a golden opportunity for those who missed the previous rally to add to their positions.
BTC-0.04%
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TommyTeachervip
· 10h ago
It's really hard to break through the 98,000 to 98,500 barrier, I keep getting stuck here every time.
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FloorPriceWatchervip
· 10h ago
Coming back to the psychological price again? Why not say that 100,000 is the number one barrier in the universe? If it really breaks, I guess you'll have to keep testing it repeatedly.
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GateUser-40edb63bvip
· 10h ago
97k, what are you hesitating for? Just go all in.
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YieldChaservip
· 11h ago
The barrier between 98 and 98.5 is really tough; short-term traders' stop-loss orders are probably piling up into mountains.
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IfIWereOnChainvip
· 11h ago
Is it the same story again, 98k-98.5k is just a pressure zone? It looks more like the support and trap set by the market makers to lure in traders.
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MEVSandwichMakervip
· 11h ago
The psychological pressure zone between 98 and 98.5 is really intense. Short-term traders are all cutting losses here, just waiting to see how big funds will absorb the positions.
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