‼️ July 10【BTC Market Analysis】+ Today's Crypto News Summary 📉📈 ‼️
Last night, the US stock market rebounded strongly, boosting market sentiment, and Bitcoin broke through to reach a new all-time high. The current market is in a short-term consolidation phase after a surge.
If the strong structure continues, a second attack to test the resistance level of 112,000 is expected. Once it stabilizes at this level, it will further widen the range of historical highs.
Current key support level:
• 111,100 (one-hour structural support)
If the one-hour close cannot hold this level, a technical adjustment may occur in the short term, and it is recommended to appropriately reduce positions for profit-taking in this range.
Current core reference range:
• Lower support: 109,500
• Upper resistance: 112,000
If today's daytime maintains a low-volume consolidation, there is a possibility of another surge in the evening. Pay attention to whether the bulls can continue to increase volume and stabilize at the 112,000 mark.
📊 Market Data Briefing:
• Total liquidations in the past 24 hours: $520 million
• Total contract positions across the network: $166.09 billion
• Total trading volume across the network: $284.28 billion
🧨 Cherish life, stay away from heavy contract positions!
📰 Today's Top 10 Crypto Events:
1️⃣ Bitcoin rises to 112,000 USDT, setting a new all-time high
2️⃣ Nvidia becomes the first company with a market value exceeding $4 trillion
3️⃣ ZKSpace has multiple suspicious transactions, and the official X account has been frozen
4️⃣ The proposal for WLFI tokens to be transferable has opened for community voting, with current support at 99.93%
5️⃣ PUMP's pre-market price briefly surged to $0.0097, now reported at $0.005
6️⃣ Bank of New York Mellon will provide USD reserve custody services for Ripple's stablecoin RLUSD
7️⃣ pump.fun announces: PUMP tokens will launch on July 12 through an initial token offering
8️⃣ Bitcoin spot ETF recorded a total net inflow of $218 million yesterday, continuing a 5-day net inflow
9️⃣ The government of the Kingdom of Bhutan has deposited 212.31 BTC into Binance again, bringing the total deposits over the past 10 days to 350.74 BTC
🔟 The price of $BR halved in a short time as 26 addresses withdrew liquidity worth $47.59 million within 100 seconds
Last night, the US stock market rebounded strongly, boosting market sentiment, and Bitcoin broke through to reach a new all-time high. The current market is in a short-term consolidation phase after a surge.
If the strong structure continues, a second attack to test the resistance level of 112,000 is expected. Once it stabilizes at this level, it will further widen the range of historical highs.
Current key support level:
• 111,100 (one-hour structural support)
If the one-hour close cannot hold this level, a technical adjustment may occur in the short term, and it is recommended to appropriately reduce positions for profit-taking in this range.
Current core reference range:
• Lower support: 109,500
• Upper resistance: 112,000
If today's daytime maintains a low-volume consolidation, there is a possibility of another surge in the evening. Pay attention to whether the bulls can continue to increase volume and stabilize at the 112,000 mark.
📊 Market Data Briefing:
• Total liquidations in the past 24 hours: $520 million
• Total contract positions across the network: $166.09 billion
• Total trading volume across the network: $284.28 billion
🧨 Cherish life, stay away from heavy contract positions!
📰 Today's Top 10 Crypto Events:
1️⃣ Bitcoin rises to 112,000 USDT, setting a new all-time high
2️⃣ Nvidia becomes the first company with a market value exceeding $4 trillion
3️⃣ ZKSpace has multiple suspicious transactions, and the official X account has been frozen
4️⃣ The proposal for WLFI tokens to be transferable has opened for community voting, with current support at 99.93%
5️⃣ PUMP's pre-market price briefly surged to $0.0097, now reported at $0.005
6️⃣ Bank of New York Mellon will provide USD reserve custody services for Ripple's stablecoin RLUSD
7️⃣ pump.fun announces: PUMP tokens will launch on July 12 through an initial token offering
8️⃣ Bitcoin spot ETF recorded a total net inflow of $218 million yesterday, continuing a 5-day net inflow
9️⃣ The government of the Kingdom of Bhutan has deposited 212.31 BTC into Binance again, bringing the total deposits over the past 10 days to 350.74 BTC
🔟 The price of $BR halved in a short time as 26 addresses withdrew liquidity worth $47.59 million within 100 seconds
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BTC
111,597.18
+2.25%