With the current BTC price at around $105,846, it remains above the psychological threshold of $100,000. Let’s analyze its solid foundation from several perspectives:
Figure:https://www.gate.com/trade/BTC_USDT
According to data from Gate, on June 25, BTC quickly rebounded after falling below $106,100, confirming that the bull market trend remains solid. This movement conforms to the structure of “break down - rebound - stabilize again,” which is an important characteristic of a healthy bull market.
After the easing of the Middle East situation and the establishment of the United Nations ceasefire agreement, market sentiment improved, with risk assets such as the Nasdaq and S&P showing clear signs of recovery, and capital inflow into the crypto market has also resumed for BTC.
Institutional spot ETFs launched by BlackRock, Fidelity, and others continue to attract capital. According to Farside Investors data, IBIT saw a net inflow of over $450 million in seven days, while Strategy Company increased its holdings by 13,390 BTC when BTC returned to $100,000, equivalent to an entry of $134 million.
Technical analysis reveals that BTC increased by 7.32% last week, closing above $108,000, with the MACD forming a golden cross and the RSI maintaining a healthy range at 56. A breakout above $111,980 could potentially open the way to the $120,000 mark.
Summary: BTC’s persistence above the 100,000 USD level is the result of multiple forces at work. For beginners, a combination of rationality, caution, and fundamental analysis is a solid strategy for holding coins.
With the current BTC price at around $105,846, it remains above the psychological threshold of $100,000. Let’s analyze its solid foundation from several perspectives:
Figure:https://www.gate.com/trade/BTC_USDT
According to data from Gate, on June 25, BTC quickly rebounded after falling below $106,100, confirming that the bull market trend remains solid. This movement conforms to the structure of “break down - rebound - stabilize again,” which is an important characteristic of a healthy bull market.
After the easing of the Middle East situation and the establishment of the United Nations ceasefire agreement, market sentiment improved, with risk assets such as the Nasdaq and S&P showing clear signs of recovery, and capital inflow into the crypto market has also resumed for BTC.
Institutional spot ETFs launched by BlackRock, Fidelity, and others continue to attract capital. According to Farside Investors data, IBIT saw a net inflow of over $450 million in seven days, while Strategy Company increased its holdings by 13,390 BTC when BTC returned to $100,000, equivalent to an entry of $134 million.
Technical analysis reveals that BTC increased by 7.32% last week, closing above $108,000, with the MACD forming a golden cross and the RSI maintaining a healthy range at 56. A breakout above $111,980 could potentially open the way to the $120,000 mark.
Summary: BTC’s persistence above the 100,000 USD level is the result of multiple forces at work. For beginners, a combination of rationality, caution, and fundamental analysis is a solid strategy for holding coins.