PANews reported on April 28 that 10x Research pointed out that although Bitcoin is hovering in the resistance range of $94,000 to $95,000, and bearish signals are increasing in the short term, Korean crypto retail traders may soon turn to a certain altcoin. Two reversal indicators have turned bearish, and the stochastic oscillator has reached 95%, indicating that there may be downside risks in the short term. However, this may be a short consolidation phase before breaking through $100,000.

10x Research: Bitcoin is blocked around $94,000 to $95,000 and may experience short-term consolidation before breaking through $100,000