Bitcoin reached 89,000 this morning, continuing to set new highs. From a technical perspective, there are no resistance levels above Bitcoin; currently, how high it can rise depends entirely on market sentiment. However, short-term indicators show a very high divergence rate, indicating an expectation of small-scale pullbacks; any rapid pullback is an opportunity to buy the dip.

Key Focus

Support Levels

86,600 83,800

The current cryptocurrency market is experiencing a surge in heat, with the asset size of spot Bitcoin ETFs reaching 84 billion USD, and trading volume hitting its highest point since March, reflecting investors' high attention and demand for Bitcoin. However, investors should be cautious of the accompanying risks. The rapid rise in Bitcoin's price brings considerable returns, but also comes with high valuation pressure and short-term speculative sentiment, which may lead to increased price volatility.

Currently, one can only look for opportunities in strong altcoins, as the meme king Dogecoin continues to dance, driving the zoo market. Friends who don’t understand chart analysis can pay more attention to some correlated altcoins.

doge-shib-mask

floki-token

neiro-NEIROETH

popcat-wif