๐ต #Can BTC Break $110K?#
Bitcoin recently broke above $107,000 and is currently trading around $105,000, just shy of its all-time high at $109,580. Do you think Bitcoin can set a new record and push past $110,000? Share your analysis and predictions with us!
๐ต #AI Token Market Cap Rebounds#
According to CoinGecko, the total market cap of the AI agent sector has rebounded to $6.862 billion, with a 1.2% increase in the past 24 hours. Notably, VIRTUAL surged 18.5%, and AI16Z rose 7.1%. Which AI tokens are you bullish on? How are you planning your portfolio strategy? Letโs hear your thoughts!
On Thursday, the market entered a period of fluctuation as expected. The volatility of Bitcoin narrowed yesterday, maintaining a tight consolidation within the 1500-point range. Our trading strategy from yesterday perfectly realized two waves of downward profit. Currently, the market momentum is relatively weak, so it is recommended to continue with a high trading strategy.
The daily level shows that the coin price is continuously consolidating at a high level, with a key resistance level being persistently unbreakable, indicating a clear sign of stagnation. Caution is advised regarding the risk of a pullback from high levels; currently, the market is in a technical correction phase after a surge, with evident oscillation. Given the significant strong pressure above, it is recommended to maintain a trading strategy that sells on high. If there is an unexpected breakthrough of the resistance level, then adjust the strategy promptly.
Trading Suggestions:
BTC 104000-104500 range consolidation, down target 102000-101000 area
Short position entry in the ETH range of 2630-2650, targeting the range of 2550-2400.