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Bitcoin returns to 100,000, is everyone still in position!!!
💥 Last night's market explosion point
1. Bitcoin (BTC) epic breakthrough:
• The 100k barrier has fallen: violently surged past the 100k psychological barrier, peaking at 104,137! Institutional ETF swept up 650 million BTC in a single day.
2. Ethereum (ETH) counterattack:
• Surge in recovery: violently surged 22% from the low of 1807, breaking the key resistance at 2200! Open contracts exceeded 21 billion, with long positions double that of shorts.
• Ecosystem explosion: ETHFI, EIGEN and other Ethereum-based tokens surged over 20%, signs of altcoin season emerging!
**☀ Daytime trend prediction**
Bitcoin (BTC):
• Bullish scenario: Stabilize at 103k to see 105k → breaking through could trigger a short squeeze accelerating to 108k (institutional target 120k).
• Bearish scenario: Falling below 101.8k may retest the 100k level (CME gap + high liquidation zone support).
• Mystical warning: Daily RSI overbought signal is evident, beware of technical pullback after highs!
• Long positions: Light long at 102.3k-101.8k, stop loss at 100.5k, target 105k → 108k!
• Short positions: Set up shorts around 105k, stop loss at 106k, target 103k → 100k level!
Ethereum (ETH):
• Linked recovery: If stabilizing at 2200, expect to challenge 2300-2500 (Fibonacci resistance + institutional accumulation signals).
• Pullback risk: Falling below 2150 may retest the psychological barrier of 2000 (EMA50 support at 2020).
• Spot traders: Accumulate in batches at 2150-2100, cut losses below 2050!
• Contract traders: Set up shorts at 2250-2280, stop loss at 2300, target 2150!
💣 Today's bombshell events
1. Institutional buying: BlackRock ETF continues to accumulate, MicroStrategy announces a plan to increase holdings by 84 billion BTC.
2. Policy favor: Multiple states in the US pass Bitcoin strategic reserve bills, Texas SB 21 bill is about to vote.
3. Whale selling pressure: Long-term holders are selling pressure near 105k, risk of false breakout increases ⚠.
**Note**
• Bitcoin's surge relies on institutional strength + retail FOMO, but don't go all in with RSI overbought!
• Ethereum's recovery depends on whether the ETH/BTC exchange rate can stabilize at 0.02, is the altcoin season really coming?
• Remember: "Whales pump to sell, pullbacks are the real opportunities"!