In the live broadcast of the language community, BTC reached a new high of $118000! Short positions evaporate 1 billion in one day, and bull markets no longer have resistance?
Click on the link to enter Tencent Meeting: https://meeting.tencent.com/p/9850662513 Detailed analysis of BTC's current market and future trends in the live broadcast room, real-time layout of long-term orders with a profit margin of 10000 points! Bitcoin staged an epic market on July 11, 2025, with its price breaking through the $118000 mark for the first time and reaching a record high of $118856 during trading. This violent uptrend instantly ignited the market, but also triggered a bear massacre - data shows that in the past 24 hours, the total amount of liquidated positions on the internet reached 1.17 billion US dollars, of which short order losses accounted for nearly 90%, and more than 230000 traders were liquidated, causing widespread market distress. Behind the New High: Three Major Waves Boosting Coin Prices 1. Institutional frenzy for ETFs: The US spot Bitcoin ETF continues to attract huge capital inflows, becoming the core engine driving the price of the currency. The entry of giants such as BlackRock and Fidelity has led to Bitcoin rapidly moving away from the retail market and towards institutional assets. 2. The policy is blowing strongly: the Trump administration has changed its previous cold stance towards cryptocurrencies and turned to strong support. The GENIUS Act, which it promotes, is set to be voted on in the House of Representatives next week. The bill aims to establish a regulatory framework for stablecoins and is seen as a major breakthrough in US cryptocurrency policy 3. Macro environment catalysis: The weakening of the US dollar, rising expectations of interest rate cuts by the Federal Reserve, coupled with geopolitical risks such as Trump's sudden announcement of a 35% tariff on Canada, have accelerated the influx of funds into Bitcoin as a "safe haven from turbulence". Long Short Debate: Is the Road Ahead Smooth or Cliff 1. The bullish camp's momentum is like a rainbow Technologists have set their sights on $130000, with on chain data pointing to "accumulation oriented addresses" continuously attracting funds, and exchange reserves dropping below 30000 BTC, exacerbating supply scarcity. More radical analysts, such as Charles Edwards, founder of Capriole Investments, predict that "the next six months are expected to hit $170000 to $196000. 2. The risk alarm bell quietly rings Liquidity trap looming: BitUnix analysts warn that the current range of $116500-117500 has formed a high-density hanging pressure band. If it cannot effectively break through the $120000 mark, it may trigger a bullish stampede. The double-edged sword of leverage is hanging high: once the price of the coin falls below $112500, the long position of about $2.1 billion will face the risk of liquidation, and in a high leverage environment, "buying more and killing more" may instantly reverse the market trend. 4. Walking on a tightrope between revelry and abyss The flame of Bitcoin breaking through the sky not only illuminates a new era of institutionalization and policy legalization, but also reflects the wreckage of leverage strangulation everywhere. $118000 is a milestone, but not the end point - the psychological barrier of $120000 ahead is not only a technological fortress, but also a touchstone of human greed. When the bears are still panting, the bulls are already loading ammunition for the next round of charge; The market respects only the sober minded and does not sympathize with the weak. Operation suggestion: BTC 116500 long. First target: 117500. Second target: 118350; ETH 29300 long, first target at 2980, second target at 3030. Join the language community communication group to obtain more services 1. Real time troubleshooting (online one-on-one question answering and sorting) 2. Professional technical analysis and theoretical learning 3. Construction and improvement of trading system- 4. Live streaming courses every day, contract termination, real-time order making, to help you successfully land! Every day, there are teachers in the group who provide precise positioning to answer questions and offer free guidance. Tencent Meeting Live: 985-066-2513 DingTalk Group Number: 120320009032 Every day, there are teachers in the group who arrange precise positioning to answer questions and provide free guidance Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AiCoin, and the consequences shall be borne by oneself.
