Greeks.Live: The range of $92,000-$94,000 is an important support area for BTC. If it breaks through, it may "trigger a massive sell-off"
Analyst Adam from Greeks.live has released the daily brief for the English community, stating that Bitcoin's price is testing a key support level at $95,000.
Market data shows that the range of $92,000-$94,000 forms an important technical support area and breaking through it could "trigger massive sell-offs". The current market volume volatility is sluggish, remaining in the 45%-48% range with spot market trading volumes showing a decline.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Russian banking giant VTB plans to allow clients to trade bitcoin and other cryptocurrencies directly
Bitget has launched the USDT-margined BSU perpetual contract, with a leverage range of 1-20x.
Data: MON trading volume on Solana continues to rise, Byreal MON-USDT liquidity pool approaches 1,500%