🔵 #Can BTC Break $110K?#
Bitcoin recently broke above $107,000 and is currently trading around $105,000, just shy of its all-time high at $109,580. Do you think Bitcoin can set a new record and push past $110,000? Share your analysis and predictions with us!
🔵 #AI Token Market Cap Rebounds#
According to CoinGecko, the total market cap of the AI agent sector has rebounded to $6.862 billion, with a 1.2% increase in the past 24 hours. Notably, VIRTUAL surged 18.5%, and AI16Z rose 7.1%. Which AI tokens are you bullish on? How are you planning your portfolio strategy? Let’s hear your thoughts!
Data Analysis:
The current liquidation map shows that short positions are being liquidated. Based on the current Bitcoin price around $104,000, if it rises again to $105,000, it is expected that approximately $1.12 billion in short positions can be liquidated. Conversely, if it drops to $103,000, it is expected that approximately $136 million in long positions can be liquidated.
Market View:
The current market trend is mainly in a state of oscillation and consolidation, and there has not yet been a real trend reversal. In the short term, a back-and-forth trading strategy is suitable for both long and short positions. What we will focus on next is when the market will change its trend. Personally, I believe that if there is no trend reversal today, we will have to wait until next week, as there will be no news impact on Saturday and the weekend, and it will continue to oscillate.
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