$BTC 11.9 million new high carnival? Be careful! 200,000 might be a sweet trap!
In the short term, it may peak, and for a long-term rise to 200,000, two conditions must be met.
Technical aspect: Divergence between price and volume, price is rising but trading volume is shrinking, strong resistance at 120,000; Funding aspect: Institutions have not fully followed in, ETF has outflows, sentiment is neutral, Fear and Greed Index at 51 points.
Global interest rate cuts continue, funds are flowing into anti-inflation assets; Technical breakthrough: stabilize above 120,000 with increased volume, trading volume should cooperate.
Existing positions: Low cost can take profit cushion, take profit if it drops below 110,000; New entrants: wait for a pullback to 110,000 to buy in batches, stop loss at 108,000; Long-term: Regular investment to average costs, avoid all-in.
Here comes the key point! BTC has already broken through the previous high, at this time we can look for some strong coins to buy. I have listed the bottom-fishing candidates! Expected 5-8 times, brothers/sisters who want to get rich quickly and recover losses, give me a thumbs up and leave a message, let me see you!
