Yesterday's rise has exceeded expectations, leading to the bearish thinking of 89,000, which has also directly caused losses. At present, the market has also successfully stood above 90,000. If it does not break, the bullish trend will continue, and 120,000 is expected to happen before the year.
In the last round of Bitcoin's surge, the driving force behind it was the recognition of it by the world's top wealthy people, which helped its price reach new highs. This time, the latest rise in Bitcoin prices has been affected by the combined effects of three factors: the legalization of Bitcoin ETFs, the firm support of celebrities, and the liquidity brought about by the Federal Reserve’s interest rate cuts.
In the past two years, the change in the United States' views on Bitcoin, especially the change in attitude represented by a certain well-known figure, is like putting an accelerator on Bitcoin, causing it to run like a wild horse. Observing the current trend, it can be predicted that Bitcoin’s rising trend has not yet reached the end.
In terms of Ethereum, although Bitcoin continues to set new historical highs, Ethereum has not yet reached its previous peak. The current core trend of Ethereum is to repair excessive declines, and its price has rebounded sharply from US$2,600 to US$3,450. This significant increase has aroused panic buying sentiment among some investors. #新币挖矿你参加了吗? #BTC冲破9万 #超级MEME周期? #美国CPI公布后降息预期上升 #BTC连续破新高,你看到多少? $ETH $BTC $SOL