• bitcoinBitcoin (BTC) $ 109,523.00
  • ethereumEthereum (ETH) $ 2,662.13
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.39
  • bnbBNB (BNB) $ 662.57
  • solanaSolana (SOL) $ 154.24
  • usd-coinUSDC (USDC) $ 0.999896
  • tronTRON (TRX) $ 0.287755
  • dogecoinDogecoin (DOGE) $ 0.173862
  • staked-etherLido Staked Ether (STETH) $ 2,659.03
  • cardanoCardano (ADA) $ 0.615052
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 109,457.00
  • hyperliquidHyperliquid (HYPE) $ 39.46
  • wrapped-stethWrapped stETH (WSTETH) $ 3,211.32
  • suiSui (SUI) $ 2.96
  • bitcoin-cashBitcoin Cash (BCH) $ 508.26
  • chainlinkChainlink (LINK) $ 14.12
  • stellarStellar (XLM) $ 0.289706
  • leo-tokenLEO Token (LEO) $ 9.04
  • avalanche-2Avalanche (AVAX) $ 18.65
  • usdsUSDS (USDS) $ 0.999745
  • hedera-hashgraphHedera (HBAR) $ 0.170079
  • shiba-inuShiba Inu (SHIB) $ 0.000012
  • wrapped-eethWrapped eETH (WEETH) $ 2,847.38
  • the-open-networkToncoin (TON) $ 2.83
  • wethWETH (WETH) $ 2,662.04
  • litecoinLitecoin (LTC) $ 88.87
  • whitebitWhiteBIT Coin (WBT) $ 45.70
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • moneroMonero (XMR) $ 320.48
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 109,593.00
  • polkadotPolkadot (DOT) $ 3.55
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • bitget-tokenBitget Token (BGB) $ 4.36
  • uniswapUniswap (UNI) $ 8.16
  • aaveAave (AAVE) $ 300.05
  • pepePepe (PEPE) $ 0.000010
  • daiDai (DAI) $ 0.999983
  • pi-networkPi Network (PI) $ 0.464838
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • bittensorBittensor (TAO) $ 328.44
  • crypto-com-chainCronos (CRO) $ 0.095798
  • aptosAptos (APT) $ 4.54
  • okbOKB (OKB) $ 48.44
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • nearNEAR Protocol (NEAR) $ 2.28
  • jito-staked-solJito Staked SOL (JITOSOL) $ 187.38
  • internet-computerInternet Computer (ICP) $ 4.98
  • ethereum-classicEthereum Classic (ETC) $ 17.22
  • ondo-financeOndo (ONDO) $ 0.822058
  • susdssUSDS (SUSDS) $ 1.06
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • kaspaKaspa (KAS) $ 0.079817
  • mantleMantle (MNT) $ 0.588175
  • cosmosCosmos Hub (ATOM) $ 4.22
  • fasttokenFasttoken (FTN) $ 4.45
  • gatechain-tokenGate (GT) $ 15.76
  • vechainVeChain (VET) $ 0.021726
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.201881
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.682002
  • official-trumpOfficial Trump (TRUMP) $ 8.81
  • ethenaEthena (ENA) $ 0.271603
  • skySky (SKY) $ 0.080351
  • arbitrumArbitrum (ARB) $ 0.342610
  • render-tokenRender (RENDER) $ 3.27
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 109,317.00
  • bonkBonk (BONK) $ 0.000021
  • algorandAlgorand (ALGO) $ 0.188361
  • filecoinFilecoin (FIL) $ 2.36
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,662.75
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.56
  • worldcoin-wldWorldcoin (WLD) $ 0.880473
  • sei-networkSei (SEI) $ 0.266307
  • usdtbUSDtb (USDTB) $ 0.999711
  • binance-staked-solBinance Staked SOL (BNSOL) $ 163.87
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998326
  • kucoin-sharesKuCoin (KCS) $ 11.14
  • usdt0USDT0 (USDT0) $ 1.00
  • jupiter-exchange-solanaJupiter (JUP) $ 0.445305
  • spx6900SPX6900 (SPX) $ 1.42
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,788.37
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,032.36
  • nexoNEXO (NEXO) $ 1.23
  • celestiaCelestia (TIA) $ 1.63
  • flare-networksFlare (FLR) $ 0.016318
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • tokenize-xchangeTokenize Xchange (TKX) $ 13.30
  • fartcoinFartcoin (FARTCOIN) $ 1.05
  • xdce-crowd-saleXDC Network (XDC) $ 0.064737
  • injective-protocolInjective (INJ) $ 10.69
  • blockstackStacks (STX) $ 0.666198
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,843.54
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 109,710.00
  • sonic-3Sonic (S) $ 0.310837
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,795.40
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999792
  • optimismOptimism (OP) $ 0.561227
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.49
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.015030
  • pax-goldPAX Gold (PAXG) $ 3,305.89
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 109,405.00
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,805.57
  • paypal-usdPayPal USD (PYUSD) $ 0.999485
  • wbnbWrapped BNB (WBNB) $ 662.44
  • kaiaKaia (KAIA) $ 0.149566
  • flokiFLOKI (FLOKI) $ 0.000090
  • story-2Story (IP) $ 3.04
  • dogwifcoindogwifhat (WIF) $ 0.867954
  • the-graphThe Graph (GRT) $ 0.087464
  • clbtcclBTC (CLBTC) $ 111,013.00
  • tether-goldTether Gold (XAUT) $ 3,297.56
  • vaultaVaulta (A) $ 0.509952
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 173.06
  • immutable-xImmutable (IMX) $ 0.429461
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.31
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 2,878.97
  • msolMarinade Staked SOL (MSOL) $ 201.70
  • curve-dao-tokenCurve DAO (CRV) $ 0.551782
  • theta-tokenTheta Network (THETA) $ 0.716996
  • ousgOUSG (OUSG) $ 111.72
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.74
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998168
  • galaGALA (GALA) $ 0.014861
  • lido-daoLido DAO (LDO) $ 0.747615
  • raydiumRaydium (RAY) $ 2.49
  • jito-governance-tokenJito (JTO) $ 1.89
  • iotaIOTA (IOTA) $ 0.167902
  • ethereum-name-serviceEthereum Name Service (ENS) $ 19.47
  • zcashZcash (ZEC) $ 40.06
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • the-sandboxThe Sandbox (SAND) $ 0.258217
  • bittorrentBitTorrent (BTT) $ 0.00000062
  • aerodrome-financeAerodrome Finance (AERO) $ 0.715638
  • saros-financeSaros (SAROS) $ 0.230783
  • jasmycoinJasmyCoin (JASMY) $ 0.012453
  • super-oethSuper OETH (SUPEROETH) $ 2,662.33
  • wrapped-hypeWrapped HYPE (WHYPE) $ 39.41
  • pendlePendle (PENDLE) $ 3.58
  • pyth-networkPyth Network (PYTH) $ 0.102210
  • usual-usdUsual USD (USD0) $ 0.997822
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,843.98
  • tezosTezos (XTZ) $ 0.546122
  • tbtctBTC (TBTC) $ 109,318.00
  • newton-projectAB (AB) $ 0.008538
  • walrus-2Walrus (WAL) $ 0.413330
  • syrupMaple Finance (SYRUP) $ 0.521849
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,663.51
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,781.69
  • flowFlow (FLOW) $ 0.343690
  • falcon-financeFalcon USD (USDF) $ 0.994193
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 108,937.00
  • decentralandDecentraland (MANA) $ 0.275985
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 109,651.00
  • coredaoorgCore (CORE) $ 0.504858
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,660.89
  • ripple-usdRipple USD (RLUSD) $ 0.999915
  • bitcoin-svBitcoin SV (BSV) $ 25.06
  • true-usdTrueUSD (TUSD) $ 0.997287
  • apecoinApeCoin (APE) $ 0.616038
  • thorchainTHORChain (RUNE) $ 1.38
  • morphoMorpho (MORPHO) $ 1.49
  • chain-2Onyxcoin (XCN) $ 0.013840
  • venomVenom (VENOM) $ 0.224301
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999896
  • mog-coinMog Coin (MOG) $ 0.000001
  • based-brettBrett (BRETT) $ 0.045493
  • staked-hypeStaked HYPE (STHYPE) $ 39.40
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.174283
  • dexeDeXe (DEXE) $ 7.76
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.004396
  • heliumHelium (HNT) $ 2.36
  • apenftAPENFT (NFT) $ 0.00000044
  • kavaKava (KAVA) $ 0.402448
  • beldexBeldex (BDX) $ 0.060856
  • reserve-rights-tokenReserve Rights (RSR) $ 0.007321
  • usddUSDD (USDD) $ 1.00
  • starknetStarknet (STRK) $ 0.117502
  • stader-ethxStader ETHx (ETHX) $ 2,831.49
  • dydx-chaindYdX (DYDX) $ 0.546953
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • usdbUSDB (USDB) $ 0.998153
  • neoNEO (NEO) $ 5.69
  • elrond-erd-2MultiversX (EGLD) $ 13.91
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 1.00
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,656.24
  • compound-governance-tokenCompound (COMP) $ 41.56
  • conflux-tokenConflux (CFX) $ 0.076178
  • memecoreMemeCore (M) $ 0.237842
  • ecasheCash (XEC) $ 0.000019
  • movementMovement (MOVE) $ 0.144355
  • aioz-networkAIOZ Network (AIOZ) $ 0.314285
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 110,094.00
  • eigenlayerEigenCloud (prev. EigenLayer) (EIGEN) $ 1.18
  • deepDeepBook (DEEP) $ 0.147137
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 1.00
  • axie-infinityAxie Infinity (AXS) $ 2.21
  • eosEOS (EOS) $ 0.507547
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 2,938.96
  • ether-fiEther.fi (ETHFI) $ 0.968809

Bitcoin Struggles with $100K Resistance and Pressure

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Bitcoin Struggles with $100K Resistance and Pressure

Bitcoin’s price action is once again encountering a formidable challenge as it approaches the psychological resistance level of $100,000. Recent data reveals a significant supply wall between $98,000 and $100,000, posing a potential barrier to the cryptocurrency’s upward momentum. This key price zone has become a battleground, with sellers stepping in to prevent Bitcoin from surpassing this crucial threshold.

#Bitcoin $BTC faces a stiff supply wall between $98,000 and $100,000 that is currently acting as resistance! pic.twitter.com/GrDNNATLgT

— Ali (@ali_charts) January 4, 2025

According to crypto analyst Ali Martinez,on-chain data, a concentrated cluster of sell orders has formed in the $98,000 to $100,000 price range, creating a formidable supply wall. This supply zone, highlighted by its density, is currently acting as resistance, hindering Bitcoin’s ability to push higher. The resistance at this level is a combination of long-term holders taking profits and short-term traders capitalizing on Bitcoin’s recent rally.

The heatmap visualization underscores the intensity of the supply in this range, with red zones indicating a significant amount of Bitcoin available for sale. This clustering of liquidity is likely to impact Bitcoin’s price dynamics, requiring strong bullish momentum to break through and establish new all-time highs.

Bitcoin’s price behavior around the $98,000 to $100,000 range reflects a classic tug-of-war between bulls and bears. On the bullish side, optimism surrounding Bitcoin’s adoption, institutional investments, and macroeconomic factors continues to fuel upward momentum. However, the bears, represented by the sellers in the highlighted range, are creating downward pressure, leading to consolidation and potential retracements.

Market sentiment remains cautiously optimistic, but the stiff resistance suggests that a breakout above $100,000 will require significant buying pressure and a shift in market dynamics. Until this barrier is overcome, Bitcoin is likely to experience sideways trading or temporary corrections.

Bitcoin’s Trajectory: Market Implications Ahead

If Bitcoin successfully breaks through the $100,000 resistance, it could trigger a renewed wave of buying, propelling the price toward higher levels. A decisive breakout would likely signal the start of a new bullish leg, with analysts eyeing targets in the $110,000 to $120,000 range based on Fibonacci extensions and historical patterns.

Conversely, a failure to breach the resistance could lead to a pullback, with $94,000 and $92,000 identified as key support levels. Such a retracement would provide an opportunity for bulls to regroup and build momentum for another attempt at breaking the resistance.

Bitcoin’s performance around the $98,000 to $100,000 range holds broader implications for the cryptocurrency market. A successful breakout could inject renewed enthusiasm across the sector, catalyzing rallies in altcoins and increasing overall market capitalization. Conversely, prolonged resistance at this level might dampen market sentiment, leading to a temporary cooling-off period for the entire crypto ecosystem.

The outcome of Bitcoin’s struggle with this supply wall will also influence institutional interest. A breakthrough above $100,000 could attract new institutional players, reinforcing Bitcoin’s status as a store of value and a viable investment asset. On the other hand, persistent resistance might prompt caution among institutional investors.

As Bitcoin hovers near the $100,000 mark, the cryptocurrency market is at a pivotal juncture. The supply wall between $98,000 and $100,000 has emerged as a critical resistance level, shaping Bitcoin’s short-term trajectory. Whether Bitcoin breaks through this barrier or retraces to lower levels will depend on market sentiment, liquidity dynamics, and external factors influencing the broader financial landscape.

For now, all eyes remain on Bitcoin’s ability to overcome this resistance and establish a new milestone in its journey toward wider adoption and mainstream recognition. As traders and investors await a decisive move, the battle between buyers and sellers continues to define Bitcoin’s path forward.

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