According to Trader_XO, Bitcoin's price level at $93-94K is a significant monthly support/resistance and yearly open level of resistance. Acceptance above this level could indicate a strong possibility of revisiting previous highs. However, a demonstration of strength is necessary before considering trades towards this level, as stated by Trader_XO.

According to Michaël van de Poppe, despite a significant hack, altcoin markets have shown resilience and continue to rise, signaling strong market strength. This upward movement in altcoins amidst adversity suggests robust investor confidence (Source: Michaël van de Poppe's Twitter).