$BTC

🌟 My thoughts today on Bitcoin (BTC)

Today, BTC is trading around the $110,000 mark, opening at a high price with strong daily fluctuations: the lowest around $105,400 and the highest at $110,280. This price level is both stable and full of potential, leaving me with mixed emotions.

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1. Optimistic yet cautious

• According to Barron’s and Economic Times, BTC increased slightly today by 1.6% to $107,400 – still not reaching the ATH of ~$111,970 (5/22/2025).

• The current market sentiment is quite positive: the Fear & Greed Index fluctuates around the “Greed” level (62 according to alternative.me) and according to Binance is 55 = Neutral .

• Technical indicators like EMA and MACD on Binance show that the trend is leaning towards bullish, although RSI warns of a possible slight correction .

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2. Investor sentiment & international news

• Whales (large wallets) have made significant bets on BTC around $106,500 with 20x leverage, currently making > $11k in profit – a sign that strong capital is still flowing in .

• However, investors are also quite cautious, waiting for the results of the US–China trade negotiations in London – a factor affecting both the crypto market and traditional finance.

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3. Personal feelings

• I feel excited because BTC is re-establishing the $110k zone after a few days of price compression, while also showing signs of strong buying pressure (volume increase).

• However, uncertainty still lingers, as RSI has reached overbought levels, indicating the potential for a short-term correction, especially if there is no clear breakout above the $111k–112k area.