#数字货币市场洞察 Bitcoin has been holding its breath for the past two weeks and finally broke out on December 3rd.

The price surged directly to around $93,000, rising over 6% in 24 hours. The entire crypto market followed suit, with hundreds of billions instantly added to the market cap. A key driver behind this rebound is that institutions have calculated an 87% probability of a Fed rate cut in December. The market sensed a signal of easing, and capital started shifting toward risk assets.

Another noteworthy signal is that traditional giants like Vanguard are loosening up, now allowing some of their crypto ETFs to be traded. Institutional entry is accelerating.

However, looking at it calmly, sentiment is still far from stable. Technically, $95,000 is a clear resistance level, and whether it can be broken will directly determine if BTC can challenge the $100,000 mark again. If the breakout fails, the risk of a pullback remains.

For those looking to enter, the $92,000 support level could be considered for building positions gradually, targeting the $95,000 rebound range. But remember to set a stop loss at $90,000—don’t let emotions take over. The market is highly volatile, and risk control should always come first.