Last night, Bitcoin (BTC) soared to nearly $100,000 in just a few hours! This surge not only ignited the enthusiasm of crypto investors but also attracted strong attention from traditional financial institutions. Meanwhile, multiple indicators show: Bull market signals have emerged, and a historic breakthrough may be on the horizon!
Three core signals indicate that the BTC bull market is approaching.
1. On-chain data: Whale positions significantly increased.
According to on-chain data monitoring from Glassnode, the number of large wallet addresses holding more than 1000 BTC has significantly increased in the last 7 days, accumulating an increase of 120,000 BTC, indicating strong bullish sentiment from institutional investors regarding the future market.
2. Macroeconomics: Weakening dollar intensifies.
The Federal Reserve's new round of monetary policy signals that market expectations for interest rate hikes are nearing an end, while inflationary pressures continue to rise. Historical data shows that a weak dollar often drives up Bitcoin prices, especially highlighting its safe-haven properties as digital gold.
3. Technical analysis: Breakthrough multiple resistance levels.
BTC has successfully broken through the important technical resistance level of $98,000, while the daily RSI has entered the overbought zone, but there has been no significant pullback, indicating that the market still has strong upward momentum.
Short-term trading strategy: You can also seize the benefits of a surge!
Recommendation One: Gradually accumulate on dips.
Although the current price is close to $100,000, market sentiment is high. If there is a price pullback, consider building positions gradually between $97,000 and $98,500.
Recommendation Two: Implement risk control and set stop-loss levels.
For short-term investors, it is recommended to set stop-loss levels below $96,000 to ensure capital safety.
Recommendation Three: Breakthrough accumulation strategy.
If the price breaks through $100,000, consider gradually increasing positions, targeting the range of $110,000 to $120,000.
What do you think about BTC breaking $100,000?
There is ongoing market debate; some believe BTC's rally could head straight for $120,000, while others are concerned about a sharp pullback once it approaches $100,000.
What do you think? Do you believe BTC will break $100,000? Feel free to leave your comments, and high-quality comments will be randomly selected for a reward of 10 USDT!#比特币走势分析
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