Cryptocurrency markets are trading higher as whales continue an accumulation spree to fuel bullish momentum.

Cryptocurrency markets are trading higher as whales continue an accumulation spree to fuel bullish momentum.

In the Sunday morning trade, BTC/USD is changing hands around $93,400, up 0.7% over the last 24 hours.

Meanwhile, ETH/USD is trading at around $2,100, having risen by 1.3% over the same period.

Trader Notes:

Chart trader Jelle observed that Bitcoin surged straight into the $90,000–$94,000 range without any real pause.

If BTC manages to hold this zone through the end of the day, he expects weekend volatility, but the uptrend could continue into next week, indicating strong bullish momentum.

Trader Degen Hardy is eyeing the $86,000–$88,000 zone as a potential long entry, noting that it likely corresponds to previous structural support or a key moving average.

He anticipates a weekend dip to shake out weak longs due to thinner liquidity.

Yet, if bulls manage to keep pushing, Bitcoin might either front-run the anticipated dip or continue grinding upwards.

Highlighting the big-picture view, Titan of Crypto pointed out that Bitcoin has reached the $95,000 target and now faces $99,000 as the next significant resistance level.

However, he notes the importance of maintaining the prior monthly high, which Bitcoin has just touched, to indicate continued strength.

output: Cryptocurrency markets are trading higher on Sunday as whales continue an accumulation spree to fuel bullish momentum.

Chart trader Jelle observed that Bitcoin (BTC) chadded straight into the $90,000-$94,000 area without stopping.

If the apex coin manages to hold this zone through the end of the day, he expects weekend volatility, but the uptrend could continue into next week, suggesting strong bullish momentum.

Trader Degen Hardy is eyeing the $86,000-$88,000 zone as a possible long entry, noting that it likely aligns with previous structural support or a structural support and a key moving average.

He anticipates a weekend dip to shake out weak longs given thinner liquidity.

Alternatively, if bulls maintain control, Bitcoin might either front-run the anticipated dip or simply continue grinding higher.

Highlighting the big-picture view, Titan of Crypto noted that Bitcoin has hit the $95,000 target and now faces $99,000 as the next key resistance.

However, he emphasizes the importance of holding above the prior monthly high, which BTC has just tapped, to confirm continued strength.