#BTCReclaims110K What's Next for Binance Traders?
Bitcoin has officially reclaimed the $110K milestone, reigniting bullish sentiment across the crypto landscape. This breakout above the psychological resistance signals a continuation of the macro uptrend — but smart traders know it’s not just about hype, it’s about precision.
🔹 Watch the $108K–$110K Zone: This area now acts as immediate support. A successful retest could offer a prime long-entry opportunity.
🔹 Fibonacci Extension Targets: Keep eyes on the 1.618 level (~$117K) for potential resistance. Use trailing stops if riding the wave up.
🔹 RSI Alert: Currently in the overbought zone (70+ on daily) — watch for divergence or signs of exhaustion before over-leveraging.
🔹 Volume Confirmation: Ensure bullish continuation is supported by rising volume. Weak volume = fakeout risk.
🔹 Altcoin Rotation Strategy: With BTC dominance rising, consider trimming alt positions if BTC continues to absorb market liquidity.
🛡️Risk Reminder: Use stop-loss protection below $107K to manage downside on potential pullbacks.