🔥 Poll: Can BTC Break Its ATH This Week?
ATH Recap: Bitcoin hit its ATH of $109,702.5 on Jan 20, 2025, followed by a consolidation phase.
Recent Trends: With easing geopolitical tensions, sustained institutional inflows, and improving market sentiment, BTC has shown strong upward momentum.
This Week’s Key Question: The market looks bullish, but the ATH remains a major resistance level.
🗳️ Share your take—let’s see where the market goes!
Data Analysis:
The current liquidation map shows that based on the current Bitcoin price, if the market rises again to around $101,000, the estimated total liquidation amount for short positions will be approximately $840 million. On the other hand, the market is primarily bullish; if it drops to around $97,500, the estimated total liquidation amount for long positions will be about $670 million.
Market Opinion:
The overall trend of the market is still good at the moment, and I continue to be bullish. As the market approaches the $100,000 mark, I will be paying attention to the major announcement that Trump will make tonight at 10 PM. I believe that the significant news Trump will announce is related to Sino-U.S. trade. If effective communication and negotiation can be achieved in the U.S.-China trade war, it will boost market sentiment once again, and the market will continue to rise.
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