According to Mlion news, according to HTX market data, BTC broke through 60,000 US dollars and is now trading at 60544.47 US dollars, with a 24-hour increase of 1.51%.

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Market sentiment is divided

The latest Twitter data shows that the reaction to BTC breaking through $60,000 is clearly divided into two camps:

  • Optimists: This is an important psychological level and is expected to continue to rise to around $63,000

  • Cautious: It is expected that this position may encounter resistance and the subsequent trend needs to be observed

The viewpoint of Twitter user @ykw131419 represents the wait-and-see sentiment of the market: "Bingge has successfully broken through to 60,000 amid doubts. Next, we will observe the resistance at this position. If it is strong, the next pressure will be around 63,000, which is another rebound of 10,000 knives."

Historical data and market expectations

Major breakthroughs in Bitcoin’s history are often accompanied by dramatic fluctuations. After breaking through $60,000:

  • The market generally expects a higher increase

  • Some investors suggest selling high and buying low

@Metaverse_Stone reminded: "The 60,000 expectation has been reached, the market will have higher expectations, and there will be a relatively ideal rise over the weekend. However, because this is the first rate cut, when market expectations are met, there will be large fluctuations, especially on Wednesday and Thursday next week. You can consider building a short-term firewall."

Technical Analysis and Trading Strategies

Some investors chose to take profits near $60,000 and planned to sell again at a higher level. @rym20203462 shared a specific strategy: "If you jump in at 60,000, add to your position when it drops to 40,000, the average cost is 50,000, and you take profits at 55,000; if it rises to 65,000, you take profits."

This reflects that some investors adopt a batch buying and selling strategy to reduce overall risk.

Summarize

BTC's breakthrough of $60,000 is not only a price breakthrough, but also reflects the changes in market sentiment and investment strategies. Although some investors are optimistic about the future market, some have begun to pay attention to risk management. For ordinary investors, it is crucial to remain rational and avoid impulsive decisions.

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The above content is for information sharing only and does not constitute any investment advice! Investment is risky, so be cautious when entering the market!

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