Boosted by the Pizza Festival and Trump's banquet, institutions continue to buy madly, Bitcoin breaks through the 110,000 mark in a dramatic fashion, creating a new historical high again!! 🔥🔥🚀💥
This wave of increase is driven by institutions, scaring small investors to retreat continuously, but the market sentiment is never as strong as the 2024 bull market. Even if Bitcoin rises to 120,000, so what? This is an unhealthy bull market, and institutions are mercilessly harvesting, with many small investors being cut off or even thrown off the bus.
This wave of the bull market has also left the sweethearts behind, but so far there are no losses. It has been said that no matter how high it goes, as long as the entry point is right, you can still make a lot of money. After a big rise, there will inevitably be a pullback; this has been the trend recently, and last night saw a pullback of several thousand points. How much did you eat?
Recently, institutions are buying madly at high positions and crazily unloading, while continuing to buy at low positions, continually raising the price of Bitcoin, completely unrelated to other news and technical aspects.
In the morning, around 111,200, it has already bounced back, with a target looking at the 108,000-109,000 area, in sync with Ethereum!!
