As of this morning, Bitcoin (BTC) is trading around $108,117, after reaching a new all-time high of over $110,000 in the middle of last week. This is the highest price ever, reflecting market optimism in light of positive moves from the US government and major financial institutions.
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2. Quick technical analysis (H4 frame)
Strong support: $107,000
Near resistance: $110,000
Next resistance: $112,000
EMA20 crosses above EMA50 – bullish signal
RSI ~60 – still room for growth
Volume: slight increase in recent sessions
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3. Personal trading plan
Long strategy:
Entry zone: $107,000 – $108,000
Target: $110,000 – $112,000
Stoploss: below $106,000
Short strategy (if there’s a reversal signal):
Enter if BTC does not surpass $110,000 with decreasing volume
Target: $105,000 – $103,000
Stoploss: $111,000
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4. Small note
Only use a maximum leverage of 10x, prioritize risk management.
Always set stoploss to protect capital.
Keep an eye on macro news and movements from major institutions.
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Conclusion:
BTC is in a strong upward trend, but caution is needed with nearby resistance levels. The trading strategy should be flexible, depending on price reactions at key areas. Always stay updated and manage risks closely for effective trading. #BTC #Write2Earn $BTC
Why HUMA has real potential! HUMA isn’t just another DeFi token – it’s building a PayFi layer that connects real-world payments with decentralized finance. That’s a huge untapped market, and if they pull it off, it could open the door to mass adoption.
The project is backed by solid VCs like Circle and HashKey Capital – that’s a strong vote of confidence. With just 17.33% of supply in circulation at launch, low float could lead to early price spikes, especially with Binance Launchpool exposure.
Long-term (12–24 months): $0.50 – $2.00+ (if PayFi use case scales and ecosystem grows)
Of course, early-stage = high risk, but also high reward. Not financial advice – just keeping an eye on what could be a sleeper gem. #HUMA #Write2Earn #Launchpool
Bitcoin is fluctuating around 109,000 USD, indicating a struggle between buyers and sellers as it approaches the psychological resistance zone of 110,000 – 112,000 USD. This is the price range where whales often distribute their holdings, so special caution is needed with signs of a downward reversal.
Conversely, the short-term support zone is at 106,800 – 107,000 USD. If BTC adjusts to this zone and shows a positive price reaction (increased volume, a hammer candle), this is a great opportunity to enter a Long position, expecting to touch the 110k+ zone again.
Proposed strategy:
Long: Limit around 107,000 | SL: 106,400 | TP: 110,000+
Short: Limit around 111,000 | SL: 112,500 | TP: 108,000
The market has yet to determine a clear trend, prioritize trading within the zones and wait for confirmation signals.
This morning, May 24, 2025, the cryptocurrency market is submerged in red. Bitcoin (BTC) has dropped more than 3% compared to yesterday, currently trading around $107,762.
📉 Main reasons
Profit-taking pressure after the historical peak: After reaching a record high of $111,500 on May 23, BTC is facing profit-taking pressure from investors.
Market sentiment turns cautious: The Fear & Greed Index has dropped from 'Greed' to 'Neutral', reflecting concerns about the possibility of a deeper correction.
Impact from traditional markets: The decline of major tech stocks like Apple, Microsoft, and Tesla on May 23 has spread negative sentiment to the cryptocurrency market.
-> Trading strategies Short-term short: With the current downward momentum, traders may consider a short position, especially if BTC fails to hold the support level of $107,000.
Wait to buy at support levels: If BTC adjusts to the $105,000 - $106,000 range and shows reversal signals, this could be a buying opportunity for medium-term investors.
Tight risk management: In the context of high volatility, setting stop-loss orders and managing capital is essential to protect the account. #BTC $BTC #Write2Earn
BTC is currently trading around $107,500 after hitting a peak of $111,614 during the day. The upward momentum is slowing near the strong resistance area of $112,000, with the RSI and MACD indicators showing signs of short-term weakness.
Long if BTC breaks above $112,000 with high volume, short-term target $115,000.
Short if it breaks the support area of $108,300, target $105,000.
Note: The $109,200–$108,300 area is important support. If this area is lost, a deeper correction may occur.#BTC #Write2Earn #FutureTarding $BTC