
财经少华|Jun 11, 2025 07:37
Tell me about BTC
Yesterday, the price of Bitcoin rebounded rapidly from $105000 to $108000, igniting the enthusiasm of retail investors in an instant. Previously, when the price of Bitcoin fell below $100000 last week, panic was widespread and many traders hastily sold their chips. But with the strong rebound in prices, public opinion and market sentiment quickly turned bullish.
However, in the volatile field of cryptocurrency, a sharp shift in such sentiment is often a precursor to market reversal. When market sentiment is excessively high and exceeds the actual fundamental support, investors need to be alert to sudden changes in the direction of the wind and be prepared to deal with adverse market conditions.
While retail investors are still struggling with whether they will miss the market trend, whales have quietly laid out their bets, betting on greater upward potential for Bitcoin in the future. From the price trend, Bitcoin has shown strong rebound momentum above $108000, but today's slight correction has also sounded the alarm for the market, suggesting that the short-term upward trend may slow down.
At present, although bulls are controlling the market trend, the key to avoiding a repeat of the sharp decline in prices in late May is to maintain the Bitcoin price above $110000 and require strong cooperation from trading volume to confirm the sustainability of the upward trend. The rebound of Bitcoin this time, although driven by whale activity and retail FOMO sentiment, has already released potential pullback risk signals from the technical side of the market. Investors need to closely monitor market sentiment, whale movements, and changes in technical indicators. In this wave of opportunities and risks in cryptocurrency, they should make cautious choices and invest rationally.
BTC
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink