🚀Bitcoin breaks through 94,000 USDT! 24-hour surge of 7.71%, the cryptocurrency world is completely ecstatic!
Family, we are witnessing history! BTC has just surpassed 94,000 USDT, with a 24-hour increase of nearly 8% in a 'violent rally'! The candlestick chart is skyrocketing, with over 1.2 billion USD in liquidations in the futures market, and longs are directly 'washing out' the shorts, and the social media is filled with cries of 'the bull market is here'~
💥Why is it rising so fiercely?
1. Institutional buying frenzy: Giants like BlackRock and Fidelity are madly purchasing, with Bitcoin ETF attracting over 500 million USD in a single day, Wall Street backs it up with real money!
2. Rate cut expectations: The probability of the Federal Reserve cutting rates in June has soared to 85%, with funds flowing into anti-inflation assets, and the popularity of Bitcoin futures is at an all-time high!
3. Technical breakthrough: After breaking through the key level of 92,000 USDT, quantitative strategies are collectively chasing the rally, and retail investors are frantically grabbing shares, causing exchanges to be overwhelmed!
⚠️Key points! Risks ahead:
✓ RSI overbought warning, high probability of short-term correction;
✓ The US SEC may tighten ETF regulations, be cautious of black swans;
✓ Miners are starting to reduce holdings, with a surge in large on-chain transfers!
✨Operational suggestions:
For long-term, consider phased investments; for short-term, closely monitor funding rates, and conservatives remember to hedge with stablecoins and ETH~ Don’t get carried away, position management is the most important!
#BTC #Bitcoin #Cryptocurrency #BullMarket
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