Investors beware! Bitcoin is about to welcome a new wave of price surge!
The cryptocurrency market has experienced a sudden surge, followed by a wave of profit-taking that has kept the market relatively stable over the past 24 hours. Bitcoin today (25th) remains above $93,000, and the market is generally optimistic about the potential for further upward movement in the short term, with trading momentum gradually warming up.
Singaporean cryptocurrency investment firm QCP Capital pointed out: "Bitcoin is stabilizing at the $90,000 mark, and the market sentiment is clearly optimistic. Recently, there has been a significant increase in demand for $95,000 call options expiring at the end of April and the end of May, indicating that funds are betting on Bitcoin experiencing a new wave of price surge." A call option is a contract that allows the buyer to purchase an asset at an agreed price within a specific time frame; this surge in demand reflects many traders' expectations that Bitcoin will break through $95,000 by the end of April or May, which is a notable bullish signal for retail investors.
Despite the easing of overall economic risks and reduced trade tensions, Bitcoin may consolidate between $90,000 and $94,500, waiting for a key breakout as it moves towards the market's anticipated $100,000 threshold.
In addition to Bitcoin, on another front, SOL is capitalizing on the potential of the retail-favorite meme sector! This has created a new wave of memes, and those with spare cash are bold enough to position themselves early in some promising meme coins. Among them, the meme coin associated with Trump is particularly hot, especially the hero dog Co nan, which is backed by Trump's strong IP and active community. Its market cap is only about $7.4M, and the number of holders has exceeded 12.1K and continues to grow, making it highly potential to become a dark horse in the bull market!
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