Bitcoin rebounds to around 94,000 and then begins to face pressure. It is not easy to break through this barrier in the short term. From the daily and weekly charts, the current rebound cycle is far from complete, and such a rebound usually takes 2 to 4 weeks to finish. Judging from the rhythm, the 94,000 level will most likely be broken, with the next target around 98,000. If it encounters resistance again in that area, the possibility of a pullback will increase.
On the other hand, River, a chain abstraction stablecoin protocol, has gained attention. Arthur Hayes's Maelstrom Fund has strategically invested in this project. The scheme aims to address the issue of excessive liquidity dispersion in the current multi-chain environment, attempting to improve cross-chain liquidity efficiency through a stablecoin system.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
19 Likes
Reward
19
8
Repost
Share
Comment
0/400
Blockchainiac
· 9h ago
94k resistance level is indeed quite tough to break, but the cycle isn't over yet, let's wait and see if it hits 98k
River's thing is interesting, Hayes is betting on cross-chain stablecoins, multi-chain liquidity fragmentation finally has someone trying to solve it
98k is probably also hanging by a thread, how it drops or rebounds will follow the old routine
Stablecoin protocols are finally attracting big players, cross-chain efficiency really needs to be optimized
Climbing slowly over two or three weeks, no rush, the rebound cycle is long
Hayes's vision is still good, liquidity efficiency is indeed a pain point
Whether 94k breaks or not doesn't matter, what's important is whether there's follow-through later
This rebound rhythm is comfortable, but the 98k hurdle is hard to crack
River protocol is interesting, in the multi-chain era, stablecoins must have such solutions
View OriginalReply0
OnChainSleuth
· 01-08 12:33
Level 94,000 is indeed tough, but according to the rhythm, breaking through should be just a matter of time. It all depends on whether I can push through to 98k in one go.
River is actually quite interesting. Hayes proposing this cross-chain liquidity solution shows that the pain point of multi-chain fragmentation has indeed been addressed.
View OriginalReply0
TokenCreatorOP
· 01-07 06:55
The 94,000 level is a hurdle, it feels like a repeated test. I've already said that the 2-4 week pace won't break through so quickly.
River is actually quite interesting. Projects that Hayes invests in usually don't run well, and the liquidity issues across multiple chains definitely need to be addressed.
Let's talk again after it hits 98, anything said now is premature.
First, see if 98 can hold. If it gets hammered down again, I'll just admit defeat.
There are so many cross-chain solutions for Flow, why should this one stand out?
Arthur's endorsement is still significant, but the stablecoin sector is also highly competitive.
2-4 weeks? I bet it breaks 94 in two weeks, what do you think?
Getting off-topic, just want to know if River's liquidity can really be stronger than those aggregators.
This rebound has been quite steady, but I'm worried it might get crushed back to shambles at 98.
View OriginalReply0
MysteryBoxAddict
· 01-07 06:54
94000 really can't hold up, it seems like it will take 2-4 weeks.
---
Arthur Hayes is back to cut the leeks, right? Can the River protocol really solve liquidity fragmentation?
---
Let's see 98000, but I still think there's not much room for a short-term rebound.
---
Liquidity dispersion in a multi-chain environment is indeed a pain point, but can a stablecoin system fix it? I'm a bit skeptical.
---
Once 94000 is broken, it's probably time to get ready for a big drop.
---
Maelstrom Fund investing in this thing, another cross-chain project dreaming of being a savior.
---
The cycle isn't complete yet, why the rush? Be patient and wait for 98000.
---
This kind of pressure zone is most likely to trigger a buy-up, better to be cautious.
View OriginalReply0
LayerZeroHero
· 01-07 06:53
The 94,000 level indeed requires observation. Historical data has shown that the assertion of a rebound cycle of 2-4 weeks has a high degree of validity.
River's cross-chain liquidity solution is interesting. Using stablecoins as a bridging mechanism can help alleviate the fragmentation problem in multi-chain ecosystems. I think this perspective is worth testing and feedback.
If around 98,000 faces resistance again... then it will depend on where the attack vector comes from. Technical validation is the hard metric.
View OriginalReply0
CryptoCross-TalkClub
· 01-07 06:48
Laughing to death, it's another "Mr. Almost" prediction in 2-4 weeks. I bet 5 bucks that the analyst doesn't even believe it himself.
Whether 94,000 breaks the barrier or not doesn't matter; anyway, my little leek is the one breaking the bankruptcy barrier first.
Is River stablecoin coming to rescue the market again? Bro, this routine has been played dozens of times in the crypto circle. Next second, it's time for a comedy skit.
That number 98,000 sounds pretty intimidating, but the problem is I don't have any numbers in my pocket.
View OriginalReply0
IronHeadMiner
· 01-07 06:46
The 94,000 level is still being repeatedly confirmed, and it seems that the main focus is whether it can stabilize afterward.
River was invested in by Hayes, and the cross-chain liquidity logic is quite interesting.
In the short term, don't think about breaking through directly; follow the rhythm, and there should be some movement in two or three weeks.
There are new players in the stablecoin sector again, but multi-chain fragmentation is indeed a pain point.
98,000 still feels far away; let's see how long 94,000 can hold first.
Hayes's projects usually have some substance, but don't expect too much.
Bitcoin rebounds to around 94,000 and then begins to face pressure. It is not easy to break through this barrier in the short term. From the daily and weekly charts, the current rebound cycle is far from complete, and such a rebound usually takes 2 to 4 weeks to finish. Judging from the rhythm, the 94,000 level will most likely be broken, with the next target around 98,000. If it encounters resistance again in that area, the possibility of a pullback will increase.
On the other hand, River, a chain abstraction stablecoin protocol, has gained attention. Arthur Hayes's Maelstrom Fund has strategically invested in this project. The scheme aims to address the issue of excessive liquidity dispersion in the current multi-chain environment, attempting to improve cross-chain liquidity efficiency through a stablecoin system.