Today's Market Analysis
$BTC Bitcoin has broken new highs for several days in a row, but altcoins have not seen much fluctuation, and Ethereum has not broken new highs either. This indicates that this wave of 110,000 was forcibly pushed up by a whale. Without the premise of interest rate cuts, what has enabled Bitcoin to break through 110,000? Of course, it relies on the strong support from the bears last night! This is Bitcoin's own bull market now, but the recent breakthroughs and pullbacks have not been very substantial. There is a clear demand for pullback now; everyone should avoid chasing highs! For those without information asymmetry, just wait for the pullback.
Yesterday, after Bitcoin encountered resistance near 109,880, it began to pull back to support and rebound past 110,000. From the hourly chart, as long as today's pullback does not drop below 109,500, it proves that the bulls are still there. Pay attention to the support below at 108,500 and 107,600!
$ETH Ethereum has not shown much significant performance. This time, Bitcoin broke 110,000, but Ethereum didn’t even break its previous high, indicating that the rebound is truly over. Bitcoin has broken 110,000 without interest rate cuts; after the rate cuts, it is expected to break through to 160,000. Whether Ethereum can return to its previous high in this bull market remains a question!
Yesterday, after Bitcoin's price surged and then fell back, it barely stabilized at 2,600. Today, pay attention to 2,545. As long as it does not drop below 1, it proves that the bulls are still there. Watch for support below at 2,503 and 2,475!
$COOKIE DAO is an AI-managed index and data layer. Now that Bitcoin has broken 110,000, as long as it consolidates at a high level, this coin will continue to rise. You can buy on the pullback; for specific points, come find me to claim them.
Intraday Focus: HAEDAL LISTA ANIME
