Congratulations to all $BTC #Holders who are in profit, as Bitcoin continues to reach a new high of $110,981
And this ATH level may only be temporary, Bitcoin will continue to search for the peak in the coming days
During the period when Bitcoin breaks ATH, BTC.D will continuously increase and attract capital flow, so for Altcoins, you should only scalp those narratives that are strong like AI Agents or Defi. It's still important to pay attention to Bitcoin.
Holding Losses is Old News, Holding Profits is the Real Challenge
Holding losses stems from the fear of losing money, the fear of failure; many people accept holding losses in hopes of having a chance to win in the market.
On the other hand, holding profits comes from belief, personal satisfaction, or the fear of losing profits; many factors influence this. Thus, people often tend to take profits faster than cutting losses.
Therefore, to be able to hold profits, one must assess Risk/Reward and dare to make timely decisions.
As shown in the image below, the Long position on $BTC at $103,914, I had intended to take profits at $104,500 since the beginning of the week. However, after reevaluating Risk/Reward, I decided to hold and wait for price reactions; currently, the position has made significant profits.
Although it has not broken the resistance zone of $107,000, $BTC has closed the highest daily candle in history at $106,871. And continues to sideways in a narrow range.
More notably, according to the SMA indicator, Bitcoin may be about to form a "golden cross" when the 50D SMA line crosses above the 200D SMA line.
This crossover has appeared several times before strong waves from Bitcoin, such as a 45% increase when the ETF approval news came out, or a 60% increase when Trump was elected for the second time...
Along with that, the economic-political situation in the US is also improving, so it is very likely that we will soon see Bitcoin ATH!
The Largest "Short" Liquidation on Binance in 2025 !?
The unexpected surge of Bitcoin last night witnessed the largest short liquidation of 2025 on Binance. A total of $66.3 million in short positions was wiped out on the BTC/USDT pair - all within a few hours.
Such a large short liquidation means an additional barrier to the upward momentum has been removed - at least in the short term. When leveraged short positions are liquidated, it clears the way for price surges to be less obstructed.
Do you think this is a good signal for the market?
With the SUI meme coin, market cap 30m, it pumped strongly to 5x then dumped back nearly 50%, touching the trendline, there is a possibility of a rebound. This coin does not have SPOT, only FUTU, so its volatility is quite high, so if you play, trade with small volume to hold the stop loss a bit further. Manage your capital, only with small volume can you hold. When it increases, it also rises very quickly and strongly.
While most traders are anticipating a strong correction, last night during the US trading session, $BTC unexpectedly surged over 4%
This increase has created a double top pattern for BTC around the price range of $107,000, on H timeframes
However, when looking at the D timeframe and above, the downtrend is still not clear. We need to wait for today's D candle close and update additional news to determine the next trend.