The recent week's trend has given us a very clear signal. The weekly candlestick with increased volume directly broke through the long-term resistance downward trendline, which is not a small test but a real structural shift towards strength. The retest confirmation this week gives us another opportunity to verify that the 94,000 level is critical — as long as we hold steady here, the upward space will naturally open up.



Looking at the daily chart, five consecutive bullish candles have formed, and the trendline breakout is now a fact. The MACD and RSI are both showing golden crosses, and the Bollinger Bands are beginning to expand, indicating that the bulls' direction is already written on the chart. For upward movement, focus on two key areas: first, the 94,500 W-bottom neckline resistance. If it is broken, the 99,500 level comes into view (where the upper band overlaps with a gap, making resistance more apparent). Conversely, as long as the lower channel boundary is not broken, the bullish logic remains intact.

The triple bottom on the 4-hour chart has already formed, currently oscillating near the middle of the upward channel. The short-term logic is simple — don’t chase highs, wait for a retest to feel comfortable. Looking downward, the first key support is the 90,700 neckline, followed by the 88,700 trendline, and finally the defensive position at the lower boundary of the channel at 87,500. As long as this level holds, the direction continues to point upward.
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ImpermanentSagevip
· 01-05 17:16
It's really crucial to hold this level at 94,000; otherwise, all the previous stories will be for nothing. --- Running five consecutive bullish candles does show some strength, but I'm worried about those who buy at high levels getting burned. --- Wait for a pullback to get in again. I've learned to be smarter this time. --- If it breaks below the lower band, just clear your positions—no need for complicated reasons. --- 99,500? I don't believe it can rise that smoothly. --- 87,500 is the last line of defense. If it breaks, it's really dangerous. --- A volume increase on the weekly chart is probably just a trick to lure retail investors into buying the dip, but we still need to see a real breakdown. --- I've heard countless times not to chase the high, but I still get caught up in FOMO and rush in. --- The W bottom neckline at 94,500 looks a bit shaky; it seems unlikely to break through. --- Forget short-term trading; just protect the bottom line for now.
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FundingMartyrvip
· 01-05 06:51
Once again, it's that 94,000 hurdle. I remember getting trapped there once before. Honestly, this wave looks quite comfortable, but I'm just worried it might be a false alarm again. If 88,700 can truly hold, then it counts; anything before that is too early to say. Should we celebrate after breaking 94,500? Let's wait and see. The most annoying thing in this kind of market is chasing the high. It's better to wait patiently for a pullback. If we break 99,500, we'll be making a huge profit, but I can't bet on that. 87500 is critical. If it really breaks, everything is over. I'm so nervous. I believe in the bullish logic, but I just can't trust my own hands. Could this be another flash in the pan? What do you think, buddy?
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PumpAnalystvip
· 01-05 06:50
If 94,000 doesn't break, I'll continue to be bullish, but to be honest, this wave of increase is too fast. Be careful of the whales lurking above. --- Five consecutive bullish candles do indicate some strength, but don't be fooled by the false appearance of a rally. Risk control is the most important. --- The key levels are just a few. If it can't break 87,500, I believe it's still building a bottom. Don't rush to buy in. --- The technical analysis is quite clear, but I just want to say—chasing high always results in the worst losses for retail investors. --- Is the resistance at 99,500 really that obvious? It feels like this analysis is a bit overly optimistic. --- Will a triple bottom definitely lead to a rise? Come on, I've seen too many false breakouts. --- Set your stop-loss below 87,500; everything else is nonsense. Risk always comes first. --- No hype, no blackening. This week has been somewhat interesting, but I’ll wait and see first. --- Can Bollinger Bands just open wide and push the price to 99,500? The whales are laughing even more happily. --- I've seen things like the W bottom neckline before; they are often traps. Retail investors, don't follow the herd.
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ValidatorVikingvip
· 01-05 06:38
ngl, the 94k hold is everything rn—one proper breakdown and this whole bullish narrative crumbles. been through enough protocol upgrades to know better than trusting these chart formations without actual volume backing it up.
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PhantomHuntervip
· 01-05 06:36
I must keep a close eye on this key point of 94,000; otherwise, I'll get trapped again. --- Honestly, five consecutive bullish candles give some hope, but I'm worried it might just be a false breakout. --- Wait for a pullback before entering the market; those chasing high are already in a pile of dead bodies. --- If 90,700 breaks, we'll admit defeat; don't think about a rebound to save you. --- Bollinger Bands opening sounds good, but I want to see if this can really stabilize at 94,500. --- Triple bottom? Why bother with so many bottoms, just ask if it can break 99,500 or not. --- If you're itching to chase high, wait a moment; before 88,700's defense holds, I trust no one. --- This logic sounds comfortable, but the key is, don't let me down at 94,000. --- Bullish signals on the chart? I've heard that too many times. --- The lower boundary at 87,500 is the last line of defense; if it breaks, I really need to reflect on my positions.
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