Traders Anticipate Key Resistance Breakthrough in Market

According to BlockBeats, trader Eugene shared insights on his personal channel, stating that $110,000 remains a critical resistance level for bulls. He anticipates a decisive market movement this week. Eugene suggests that if the market breaks downward, it could quickly fall to $100,000. Conversely, an upward breakthrough might lead to a new high of $120,000, followed by consolidation. Regardless of the outcome, Eugene expects an exciting week ahead.