#BTC上攻11万 #BTC上攻11万 With the positive news during the Christmas season, the enthusiasm in the crypto market continues to rise, and BTC has successfully broken through several key resistance levels. Research firm Santiment points out that the current market sentiment is bullish, with traders setting their sights on a target of 110,000 USD. However, market trends are influenced by multiple factors; can the upward momentum be sustained? This is worth a deeper discussion.

1. Key factors supporting BTC’s rise

Funding factors and sentiment factors are generally mediocre; the Federal Reserve will not cut interest rates.

2. Greed sentiment remains high.

3. Still expecting sideways fluctuations. Everyone is holding light positions.