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Bitcoin needs to break through the $100,000 mark, and the timing depends on the performance in the next few days. The key factor is the weekly EMA50 support line — as long as the close cannot hold above it, it signals a bearish retest. But don’t be too pessimistic; if the $90,000 support holds, the upward channel remains intact, and the probability of continuing the upward trend is still high.
Recently, this wave of volatility has already shaken out a large number of retail investors. Honestly, every bull market startup involves this kind of ordeal. The market is like a cycle, repeating over and over; what seems like stagnation is actually building momentum, and eventually, new highs will be broken.
Looking at Ethereum, currently there is a lack of narrative, which causes the entire altcoin track to only bounce back to the starting point even after a rebound. On the other hand, the support level for Dogecoin is becoming clearer. The holding logic for this coin is to stay around 0.24. Each market cycle needs hype to drive it, and Dogecoin is often the first to surge, which has been proven multiple times from historical patterns.