Milestone Hit: it surged past $99,000 for the first time since February, driven by easing trade-war fears and renewed risk appetite. • Volume & Volatility: 24-h volume topped $28 billion, while Open Interest on derivatives spiked 7.2%, signalling heavy leveraged positioning and potential for sharp swings. • Technical Levels: Key support now lies at $96,500 (200-DMA); overhead resistance sits at $100,000–$101,000 (psychological & Fibonacci cluster). Breaking above could target $105,000 next. • Caution Ahead: High leverage can amplify reversals—watch funding rates and liquidations closely.#BTC Breaks $99K
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#BTC
Milestone Hit: it surged past $99,000 for the first time since February, driven by easing trade-war fears and renewed risk appetite.
• Volume & Volatility: 24-h volume topped $28 billion, while Open Interest on derivatives spiked 7.2%, signalling heavy leveraged positioning and potential for sharp swings.
• Technical Levels: Key support now lies at $96,500 (200-DMA); overhead resistance sits at $100,000–$101,000 (psychological & Fibonacci cluster). Breaking above could target $105,000 next.
• Caution Ahead: High leverage can amplify reversals—watch funding rates and liquidations closely.#BTC Breaks $99K