Bitcoin is making moves this Sunday, breaking through the previous high of 124474, and in one hour it liquidated 100 million. The U.S. government has run out of money due to the shutdown; is Trump coming to the crypto space to harvest?
If Bitcoin reaches 127, short positions will be liquidated for nearly 700 million, and there’s a big whale at 128.
The upper levels for Bitcoin are 128 and 133, and the technical outlook is bullish. The support below is around 121.
Altcoins like ETH, SOL, DOGE, SUI, etc., haven't followed much. VC holders of Ethereum are gradually offloading. If Bitcoin can hold steady, altcoins still have room to rise.
The monthly trading volume of tokenized stocks reached $465 million, a month-over-month increase of 136%, indicating that the tokenization trend is pushing forward.
Now let's observe how Monday plays out; historically, the markets on Saturdays and Sundays can often be misleading.