Bitcoin has broken its historical high. Will the market rise to 150,000 next, or is this a signal that the bull market is at its peak?
1. News
1. Institutional Situation
From the data of institutions: the market is showing a greater preference for Bitcoin, while Ethereum has not seen significant buying recently. The market price is unlikely to continue rising in the short term, so when other altcoin ETFs are listed, a larger portion of Ethereum's funds may be diverted, leading to greater market divergence.
2. Market News
From the market news perspective: After Bitcoin breaks its new high, market enthusiasm reaches the 120,000 level. The pressure on the next price rise should first look at whether the 111,300 position can form effective resistance. If the market retraces at this level, the short-term trend at 120,000 may still need to wait further.
3. Market Sentiment
From the market sentiment perspective: the price continues to reach new highs, but the market sentiment appears too calm, which is an abnormal situation. How will the market move next? #比特币突破11万美元 $SOL
