🔥 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!
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The whole market has had a big pullback, and the overall trend has come to the vicinity of the support level, so that everyone can wait for the timing of the replenishment at the moment, and the same funds can get more chips, and now they can enter in batches. The pie trend also seems to have entered a repair market, there is a small resistance near 104200, in this weekend, it is not expected to break upward, it will oscillate between yesterday's lows near 102600 and 104500, showing a volatile market.
After the Ethereum 2500 level was broken, it dropped to around 2450 where there was support and rebounded. The rebound of Ethereum is slightly weaker, and there is still a gap near 2430 below. If it cannot hold the 2490 support, it is expected to test lower again.
In this market over the long term, you cannot buy the cheapest chips or sell at the highest price. Knowing that the market situation in the second half of the year is relatively good, as long as the price you buy is lower than the price you sell, your chips will increase nicely. Accumulating a portion of chips during each market phase is the right decision.