Click on the link to enter Tencent Meeting Live: https://meeting.tencent.com/p/5551765098 Da Bing has once again stood at the position of 110000 yuan, which is still a bit dreamy to say. This market trend has no technical aspect and relies entirely on faith support! In fact, personally I still think there is an opportunity for the market to be bearish in the long term. Bitcoin has been in the market for so many days, and only yesterday did a single trading volume appear at the daily level, which is still high. This situation, combined with the historical trend in recent years, is often bearish at the high level. Currently, technical indicators, except for naked k, are mostly supportive, and the rest are in a bearish state. Therefore, personally, I still prefer to short at the high point. This wave of positive news for Ethereum has finally landed, with the only rebound in six months. The washing up was too severe, and after washing back and forth for a long time, all the pressure levels and support levels were useless during the upward trend. It completely controlled the market and took off, but it was still heavily manipulated, with a high of 2800 and severe pressure. So recently, the market has directly increased its operational efforts, and Ethereum will pay attention to the 2780 position in the future. Operation suggestion: Bitcoin 112000 to 3000 short, defend 115000. Target 98500 Ethereum 2780 to 2800 is empty, defending 2850. Target 2350 QQ Fan Experience Group: 1018013659 DingTalk Fan Experience Group: 116320006956 Tencent Meeting Live Number: 5551765098 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.

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According to Reuters, the US fiscal concerns and the tepid auction of US treasury bond bonds, as well as Trump's attempt to push Congress to pass its comprehensive spending and tax reduction bill, led to the decline of the US dollar. Against this background, Bitcoin broke through 110000 US dollars on Thursday and hit a record high, partly because investors sought alternatives to US assets, and also released signals that the bull market of cryptocurrency still has room for further growth. These signals include: the general recovery of the stock market, the reinvestment of funds in Bitcoin ETFs, and the increasing number of listed companies holding Bitcoin.

The current price of ETH is $2497.80, with a decrease of 2.82% in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 24 hours was 146 million US dollars, with multiple orders being the main liquidation and 35.89 million US dollars (24.57%) of ETH liquidation. The data is for reference only.

According to Cointelegraph, the market trend shows some signs of fatigue after Bitcoin breaks through $110000, and analysts predict that it may soon enter the next bear market. Technical analysis shows that the current price fluctuations of Bitcoin are similar to previous bear markets, and it is expected that the target price for the next market downturn may be $69000. However, some market experts suggest that Bitcoin's long-term growth momentum remains strong, especially with the support of demand in decentralized finance (DeFi) and other application areas, and may break through current market pressures in the future.