$BTC Strong breakthrough, bullish dominance.
Market situation: Stimulated by the increased probability of Ethereum ETF approval, Bitcoin surged strongly, breaking through key resistance, approaching previous highs.
Technical aspect: The daily line has broken free from sideways fluctuations, moving averages are in a bullish arrangement, and the upward trend has been established.
Sentiment aspect: The market greed index has rebounded, funds have clearly flowed back, and risk-averse sentiment has faded.
Forecast: In the short term, focus on the pressure level of $73,000 from the previous high, be cautious of profit-taking after a sharp rise, overall bullish.$BTC
Market situation: Stimulated by the increased probability of Ethereum ETF approval, Bitcoin surged strongly, breaking through key resistance, approaching previous highs.
Technical aspect: The daily line has broken free from sideways fluctuations, moving averages are in a bullish arrangement, and the upward trend has been established.
Sentiment aspect: The market greed index has rebounded, funds have clearly flowed back, and risk-averse sentiment has faded.
Forecast: In the short term, focus on the pressure level of $73,000 from the previous high, be cautious of profit-taking after a sharp rise, overall bullish.$BTC
