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As of May 10, 2025, #Bitcoin $BTC has experienced a significant rally, surpassing the $100,000 mark for the first time since early February. This surge is attributed to a combination of factors, including positive developments in global trade relations, increased institutional investment, and bullish market sentiment.
Key Developments:
Price Surge: Bitcoin's price climbed to approximately $104,000, marking a nearly 40% increase from its April low and a 10% rise year-to-date.
Institutional Inflows: Major corporations like MicroStrategy and Metaplanet have collectively invested over $1.5 billion in Bitcoin recently, signaling strong institutional confidence.
ETF Momentum: Record-breaking inflows into Bitcoin ETFs have contributed to the upward price movement, reflecting growing investor interest.
Technical Indicators: Analysts note that Bitcoin's relative strength index (RSI) is above 70, indicating potential overbought conditions. Key resistance is anticipated around $107,000, with support near $92,000.
Market Sentiment: The recent U.S.-U.K. trade agreement and optimism surrounding upcoming U.S.-China trade talks have positively influenced market sentiment, contributing to Bitcoin's rally.
A cloud-piercing arrow! A thousand troops and horses come to meet.
BNB short-term breaks through 670 USDT, 24H increase of 7.41%! Brothers, BNB is the real Bitcoin! This wave to 1000 USDT is not a dream! On-chain annualized is also great. Hurry up and share the fun of Binance's new terminal!
I will first send out 5000 red envelopes to cheer for BNB, everyone just needs to leave a comment with #万联welinkBTC to receive a lucky red envelope!
Have you ever experienced such a situation with your past investments? If you didn't sell all of your coins when they were rising, you start making various excuses for yourself when the coins drop. You might say, 'I'll wait for it to bounce back and sell,' and then when the coin drops a bit more, you say, 'Okay, I can't sell it now; it's dropped too much.' When it drops further, you might say, 'I'll sell when it rises to the last peak price,' but it never rises back to the original price, and you think, 'Since it has dropped to this price, how much lower can it go?' So you keep waiting. Eventually, it drops again, and you get confused, thinking, 'I'm not waiting anymore; it's a waste of time; I'll look for new opportunities,' and then you cut your losses. Is this your usual operation in the past? Many coins you bought initially made a profit, which boosted your confidence, but ultimately the initial profits were returned to the market along with your capital. Yet you still have confidence because you've seen the coins you bought make a profit, even though they eventually fell again; the psychological strength from having owned them is still quite powerful. At this point, you should look back at your history and see where your profits went and why you couldn't hold onto them. Perhaps the best time to hold onto them was when they were growing and expanding, and maybe you need to let go of the desire to pursue the highest and best, believing that just being able to do so is already quite good.
极道桃园专属聊天室 Can you burn wood for a thousand miles in one day? The higher you go, the more you need to stay steady; do not chase the high! There will always be opportunities later, those who chase the high need to be prepared for being trapped!
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#TradeStories #MostRecentTrade 🎁🧧🤝🧧🔥🎁 In the last hours, $SXT has decreased by 11% and its volatility is very unstable, therefore it is good to buy and sell.
A piercing arrow through the clouds! BNB has broken through 670 USDT in the short term, with a 24H increase of 7.41%. Brothers, BNB is the real Bitcoin! This surge to 1000 USDT is not a dream! I will first send out 5000 red envelopes to cheer for BNB. Everyone just needs to comment 'BNB rise up' in the comment area to receive a random BNB red envelope! Let's get excited! #红包大派送 $BNB
$BTC The dominance of Bitcoin is plummeting, which means altcoins are gaining strength. Still the same saying, if you believe there will be an altcoin season, then it has just begun. After waiting for so long, the actual time for an increase might only be one or two months.