11.12 Market Overview: #BTC连续破新高，你看到多少？

Bitcoin closed today with a large bullish candle, bringing Bitcoin to a new high of 89,530 US dollars, setting new records for 7 consecutive days, with 90k within reach. Yesterday during the BTC Asian session, Bitcoin hovered around 82K, not reaching the target position given. After the US stock market opened, it directly surged from 82K to 89K, showing no signs of a pullback, moving from 84K to 89K without hesitation, forcefully pulling you along. Now I finally understand this saying: Even a pig can fly when the wind is at its back!

Yesterday, the US stock market opened high and continued to rise, filling the gap, and by today’s close, all three major indices were up. Meanwhile, Bitcoin's spot trading reached 72.2 million dollars, hitting a new high since March 14. Among them, BlackRock took the lead, buying 4.6 billion, more than four times that of Grayscale. Previously, Grayscale was the top spot holder, but now the largest institution holding Bitcoin spot is BlackRock! As long as BlackRock continues to buy, the one-sided trend of Bitcoin remains intact. This shows that we should trust the strength of the US market; Bitcoin has broken records for these 7 consecutive days, all during US market hours!

Bitcoin support levels: 83,756.79 81,973.27 80,189.75; resistance levels: 90,232.79 91,677.92 94,384.

BNB: Last night I mentioned that BNB's performance recently has been unsatisfactory, but this morning the funds surged again. It turns out that BNB broke the second resistance level of 654 and reached 668. It seems my prediction was correct; BNB will start mining and launching new projects this week, finally rallying! I found that sometimes I need to vent a bit, and then it will give a little excitement... Since this morning, it has broken its historical high with an increase of 8.34%, just a little push and it went up, very optimistic about breaking new highs! Current resistance levels: 680.88 699.3 709.37; support levels: 620.28 605.43 590.58;

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