🔵 #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 Pattern:
- The price has fluctuated in the range of 3400 to 3500 recently, forming a relatively stable box consolidation pattern.
- On July 19th and 20th, there were long upper shadow lines, indicating strong resistance above.
2. Technical indicators:
- MACD: DIF and DEA are close to the zero axis, and the MACD histogram alternates between red and green, indicating that the market is in a oscillating state, but with signs of strengthening.
- RSI: The RSI14 value is 60.10, close to the overbought zone but not entering it, indicating there is still room for upward movement in the short term.
- EMA: EMA7 (3480.01) > EMA30 (3418.40) > EMA120 (3310.23), the moving averages are arranged in a bullish manner, indicating a positive medium to long-term trend.
3. Trading Volume:
- Trading Volume significantly increased on July 19, reaching 631889, indicating increased capital activity.
- On July 20th, the Trading Volume has fallen slightly but still remains at a high level, indicating that the market attention is still high.