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!
BTC analysis;
1. Daily candlestick level:
1: The daily K-line formed a long upper shadow Bearish line. The Bearish line engulfed the previous day's K-line.
The middle rail of the Bollinger Bands is around 63150, and the daily candlestick has not broken through the middle rail of the Bollinger Bands.
Meanwhile, according to the naked K on the daily chart, the daily chart is biased towards the short side.
Two, 4H level:
1: Yesterday evening, the price surged to around 64500, but then retreated and failed to break through the important resistance level at 64000.
2:follow62000 important support, 62000 is the watershed between long and short. Once broken, there is a chance to retest the important support level of 60,000. Without breaking, there is also room for upward Rebound
Summary: The daily candlestick formed a inverted hammer, and the Bollinger Bands middle line was not effectively broken through. The daily chart is biased towards short positions. The 4-hour chart still shows a trend of long positions, with a chance for longs to continue to rise if 62000 is not broken. On the hourly chart, 62000 support has been tested twice.
Intraday trading can refer to support and resistance levels for trading, and both long and short positions can participate.
support: 62000, 60000
resistance: 63150, 64000
Intraday trading can refer to the support pressure for trading. The support pressure is for reference only, so set the stop loss carefully.