According to CrypNuevo, Bitcoin showed a favorable reaction after hitting the $93.3k liquidation mark. However, the path to further gains is not yet clear. A price reclaim of the 4H50EMA is necessary for confirmation of a move back to the mid-range. This technical indicator will serve as a signal for potential continuation in the market.

According to Pentoshi, altcoins have rapidly reached a significant trading point, suggesting possible market choppiness but indicating a favorable condition in his view. He identifies the lower grey box as a mid-term value zone, presenting a potential bidding opportunity. If the price reclaims 281, Pentoshi forecasts a potential rise towards 320 in the coming weeks.