Can #BTC Return to the Peak?

📊 BTC Today's Market Analysis

Current Price: $111,221 💰

24-Hour Change: +1.33% 📈

7-Day Change: -1.54% 📉

Technical Analysis 🔍

RSI(14): 53.44, in Neutral Zone

Price breaks through the $111,000 resistance level, showing short-term rebound momentum

Super Trend Indicator shifts to bullish signal

Bollinger Band middle support around $110,669

Market Dynamics 📰

Fear and Greed Index 51, market sentiment neutral

$785 million in liquidations across the network in the past 24 hours, mainly long positions

Whale Activity: A certain whale sold 3,968 BTC to invest in ETH

Future Trend Judgment 🎯

Short-term bullish to the $112,000-$113,000 range, key support level at $110,000. If this level is broken, watch for strong support at $108,000.

Bitwise CEO predicts BTC will reach $200,000 by the end of the year, but be wary of market volatility risks.

Trading Suggestions ⚡

Buy on dips, set stop-loss below $109,500.

#MLP