Greeks.live: After BTC breaks through $100000, the market remains cautiously optimistic, and there may be significant fluctuations in the near future

星球日报|May 16, 2025 15:00
Odaily Planet Daily News: Adam, a macro researcher at Greeks.live, stated in an article on X platform that the market remains cautiously optimistic after Bitcoin breaks through $100000, focusing on the important resistance level of $108000 and the 4-hour EMA200 (approximately $73000) as key indicators. Most analysts believe that the formation of a diamond shaped consolidation pattern in the near future indicates a significant fluctuation, but there are differences in direction.
The prospects of Ethereum have sparked heated discussions, with some traders holding an optimistic attitude towards ETH, believing that the Coinbase acquisition, ETF staking, and passive buying of index funds will support the price, and firmly believing that it can reach $4000 by the end of the year.
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