🔵 #Can BTC Break $110K?#
Bitcoin recently broke above $107,000 and is currently trading around $105,000, just shy of its all-time high at $109,580. Do you think Bitcoin can set a new record and push past $110,000? Share your analysis and predictions with us!
🔵 #AI Token Market Cap Rebounds#
According to CoinGecko, the total market cap of the AI agent sector has rebounded to $6.862 billion, with a 1.2% increase in the past 24 hours. Notably, VIRTUAL surged 18.5%, and AI16Z rose 7.1%. Which AI tokens are you bullish on? How are you planning your portfolio strategy? Let’s hear your thoughts!
【Price Trend Analysis】
1. Candlestick Patterns:
- The price has been fluctuating in the range of 3400 to 3500 recently, forming a consolidation pattern.
- On the daily K-line chart, long upper shadow lines appeared on July 15th and 16th, indicating significant overhead pressure.
2. Technical Indicators:
- MACD: In the 4-hour cycle, DIF and DEA are close to the zero axis, but there are signs of a downward crossover, and short-term may face retracement pressure.
- RSI: RSI14 is around 65, which is relatively high but not yet in the overbought zone, indicating that the market still has some room for further upside, but caution should be exercised against potential pullback risks.
- EMA: The current price is hovering around EMA7 (3388.69), with support below at EMA30 (3245.96) and EMA120 (3234.66). If it falls below EMA7, it may test the support below.
3. Trading Volume:
- The Trading Volume significantly increased on July 15th, reaching 2723613, indicating intense competition between long and short positions.
- Trading Volume decreased on July 16th to 913422, indicating increased market caution. #ETH#