#BTC上攻11万
Recently, Bitcoin (BTC) has attracted market attention as it approached the 110,000 yuan mark after breaking through key resistance. The core driving force behind this rally comes from the recovery of global risk assets and the continuous inflow of institutional funds. In the context of the Federal Reserve's monetary policy expectations leaning towards easing, Bitcoin's anti-inflation properties have once again been recognized by investors. At the same time, the market's expectations for the Bitcoin halving cycle in 2024 are also reinforcing the bullish logic.
From a technical perspective, BTC recently broke through the important psychological level of 100,000 yuan with increased volume, and bullish sentiment is clearly dominant. If it can stabilize above the 110,000 yuan area, Bitcoin is expected to further challenge higher target levels. However, caution is needed regarding short-term pullback risks, especially as major funds may take profits at high levels.
Overall, BTC's current trend remains strong, and investors should closely monitor changes in market sentiment and policy dynamics.