Bitcoin is on the verge of a new high, and investors need to pay attention to this key level!

Bitcoin is advancing towards $110,000, with increasing market volatility. On May 21, BTC broke through $108,000, just a step away from its historical high. As the bond market becomes turbulent, investors are turning to ETFs, showing concerns about economic health.

Coinbase's premium index indicates that buying pressure in the U.S. remains strong. If it breaks through $110,000, the upward momentum could accelerate, as the hedging behavior of negative gamma traders will amplify volatility. The founder of BitMEX predicts Bitcoin will rise to $200,000 and points out that U.S. Treasury policies are the main driving force. Standard Chartered also predicts it will reach $200,000 by the end of 2025, with the potential to surge to $500,000 by 2029.

In addition, SOL has already seized the potential of the meme trend, creating a new wave of memes, and those with spare cash are daring to invest early in some promising meme coins. Among them, the meme coin related to Trump is particularly popular, especially the hero dog Co nan, which is backed by Trump's strong IP and active community. Recently, affected by the broader market, its market value slightly adjusted to $8.4M, which is an ideal adjustment range. Consensus has formed, making this a great opportunity to enter and accumulate, preparing for the next wave to break through the $10M mark again! Moreover, the number of holders has exceeded 13.4K, making it highly potential to become a dark horse in the bull market!

If anyone wants further understanding of the entire cryptocurrency development and the meme sector, feel free to reach out to Meme交流區 for discussions!

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