🔥 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!
The market is like a tug-of-war between bulls and bears, with prices fluctuating around 85000. A symmetrical triangle is forming in the short term, and the supply zone above 85000 and the demand zone below are gradually being consumed. We are waiting for the closing of the 4H and daily chart Bollinger bands, as a new unilateral trend is about to emerge. Key times to watch are the non-farm payroll and unemployment rate data on the evening of the 4th, as well as Powell's speech at 23:25 on the 4th. The current CME gap is located at 85200-85500, and the key positions remain at 86200 and 82600.