Bitcoin has experienced a significant correction in the fourth quarter and has now found support in the $83,000 to $85,000 range. From the daily chart, the Bollinger Bands' compression phase has ended, and the price has broken above the upper band, which is a very typical breakout signal. Volatility has begun to expand noticeably, and the market may be preparing for the next wave of行情.



From a technical target perspective, the first key level is the $100,000 psychological barrier. If this level is successfully突破, the next target points to $107,000. However, it is important to note that if this breakout fails, the price may fall back to $93,500 to find new support.

Looking at other mainstream cryptocurrencies, Ethereum is currently following Bitcoin's trend. XRP, although with a significant increase, still appears relatively weaker in terms of pattern. The overall ranking is roughly Bitcoin as the strongest, Ethereum second, and XRP lagging behind. In the short term, Bitcoin's trading space remains the most worth关注.

Therefore, the core question boils down to: can Bitcoin successfully突破 this $107,000 target? The answer still depends on the market.
BTC-0,28%
ETH0,44%
XRP-0,29%
View Original
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.
  • Reward
  • 8
  • Repost
  • Share
Comment
0/400
ser_ngmivip
· 01-09 01:27
$100,000 is an easy milestone to talk about, but whether it can hold steady at that point is the real question --- The Bollinger Bands compression is over, and everyone has heard the theory of a breakout... but why does it always say it's going to take off? --- XRP really can't push through this time, it feels like there's not enough momentum --- Another target of 107,000, it feels like this number has been overhyped --- I agree that Bitcoin is the strongest, but other coins are mostly just following suit --- If you ask me, 93,500 is the real support level to watch, that’s where confidence is truly tested --- It's just a Bollinger Band breakout, don’t treat every technical signal as a cosmic sign to hype --- I really don’t know if it can break 100,000 this time, just waiting to see the show --- ETH is still too passive, feeling like it's being led around completely --- It’s the same few price points over and over, getting a bit tired of it
View OriginalReply0
GweiObservervip
· 01-08 05:01
When the Bollinger Bands open up, I know it's time to move. This wave looks quite interesting. $100,000 is really a hurdle. If we can get through it, there’s definitely a chance. XRP’s performance... how to say, it’s like a bandwagon jumper, not very interesting. Whether it can break 107,000, I think it depends on the volume in the next couple of days. The indicators look good, but the biggest fear is a false breakout. That 9.35 line must be watched carefully. Basically, it’s a gamble on whether the market is serious this time or if it’s just trying to deceive us again.
View OriginalReply0
ETHReserveBankvip
· 01-06 12:00
Will the 100,000 integer threshold really be broken this time? Feels like it's going to be a repeated cycle again. --- Bollinger Bands start telling stories as soon as they break out, wait to get cut. --- XRP is so weak, it's better to just jump on BTC directly. --- That support level at 9.35 is a bit scary, hope it doesn't really fall back. --- Bitcoin is said to be the strongest every year, but it still depends on the market maker's mood. --- 107,000? Wake up, reaching 100,000 is already good. --- Ethereum's follow-up is so strong, it feels like it has no independence. --- Expanding volatility is called preparing for a trend? This analysis is too shallow. --- Good news is good news, I just want to know when the real breakout will happen. --- XRP is relatively lagging behind, so should I try to buy the dip?
View OriginalReply0
rugpull_survivorvip
· 01-06 12:00
Here we go again with this set, whether 100,000 will break or not is really hard to say. Anyway, I don't believe in the technical analysis approach anymore. Every time support levels are mentioned, they disappear right after. Just playing around. Bollinger Band squeeze? I'll just see if I can break even first. This round of XRP really underperformed. Why are we still following the hype to push it? Feeling a bit greedy at 107,000. Let's first hold onto 9.35. Sounds good, but the key is still how the whales manipulate the market. I just want to ask, if it can't break 100,000, is it going to plunge again?
View OriginalReply0
GasFeeCriervip
· 01-06 11:59
Talking about the 100,000 point again, I bet 5 bucks to try again at 9.35 Breaking through the Bollinger Bands isn't anything special; the key is whether it can hold steady That group of XRP fans will start shouting again, haha Can it really reach 107,000? Honestly, I don't quite believe it ETH follows BTC, feeling a bit dull
View OriginalReply0
MetaMaskVictimvip
· 01-06 11:56
It's a joke if it can't break through 100,000; just wait for it to return to 9.35.
View OriginalReply0
SchroedingerMinervip
· 01-06 11:46
Will the end of the Bollinger Bands squeeze push us to 100,000? Feels a bit uncertain. --- Looking at the 107,000 target, it seems a bit greedy. Let's first get past 100,000. --- It's both support and target; in the end, the market still rules. --- Bitcoin is the strongest, no doubt about that. Ethereum and Ripple all rely on it to lead the dance. --- Is 93,500 the bottom line? Then I'll wait here to buy in. --- The increased volatility is indeed a good signal, but don't let it be a flash in the pan again. --- Is 107,000 just around the corner or still far away? Who can give a definite answer? --- If this breakout fails and drops back to over 93,000, it will be painful. --- How the market moves still depends on the market maker’s mood; technical analysis is just for fun. --- Breaking through the Bollinger Bands sounds professional, but it's really just betting on probabilities.
View OriginalReply0
LiquidationAlertvip
· 01-06 11:38
Is the $100,000 barrier breakable? That's the real point to watch. --- Bollinger Bands start to break out, come on, history will repeat itself. --- XRP is so weak, there's really no need to pay attention anymore. Just stick with BTC. --- 93,500 is the bottom line; if broken, be cautious. --- Volatility expanding = money is moving; are you ready for stop-loss? --- It's the same narrative again... in the end, it still depends on market sentiment. --- Are we really going to hit $100,000 this time? Honestly, it's a bit uncertain. --- Ethereum is following the trend so closely, it feels like it has no independent thought. --- If the breakout fails, I'll just laugh; then they'll have another explanation. --- The key is whether it can hold steady at 93,500; otherwise, all efforts are in vain.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)