#BTC110KToday?
$BTC 110K Today? The fever hasn't stopped yet!
Bitcoin is nearing the milestone of 110,000 USD, marking a new historical milestone in the growth journey of the king coin.
Driving factors:
Widespread FOMO sentiment from both institutional and individual investors
Increasing demand for BTC as a hedge asset
ETF cash flow and large funds continue to pour into the market
The relative stability of recent macro data
Action strategy:
Do not FOMO at high prices. Prioritize splitting buy orders, wait for corrections
Take partial profits at the 112K – 120K ranges if already in a good position
Cut losses reasonably if BTC loses the important support level around 105K
Risk management:
Always use stop loss as planned
Do not borrow to invest
Closely monitor fluctuations from CPI data, the Fed, and the ETF market
This article is not investment advice. The crypto market is highly volatile – always DYOR and manage personal capital.
