Greeks.live: The market remains cautiously optimistic after BTC breaks through $100,000, and there may be large fluctuations in the near future
2025-05-16 14:59
Odaily News Adam, a macro researcher at Greeks.live, wrote on the X platform that the market remained cautiously optimistic after Bitcoin broke through $100,000, focusing on the important resistance level of $108,000 and the 4-hour EMA200 (about $73,000) as key indicators. Most analysts believe that the recent formation of a diamond consolidation pattern indicates that there will be a large fluctuation, but there are differences in the direction.
The prospects of Ethereum have sparked heated discussions, with some traders optimistic about ETH, believing that Coinbase's acquisition, ETF staking, and passive buying by index funds will support prices, and firmly believe that it will reach $4,000 by the end of the year.
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