๐ฐ Bitcoin Hits $102K: With $BTC trading at $102,383, its market cap surpasses $2 trillion. A rapid jump from $67K to $102K in 40 days reflects immense growth but raises short-term uncertainty.
๐ Stablecoin Surge at $88K: $148B in stablecoins flooded exchanges at $88K, signaling bullish sentiment. Investors already gained 15%, but potential profit-taking looms, testing market stability.
โ ๏ธ Warning Signals: Stablecoin inflows typically mean buying interest. The $88K surge pushed BTC to $104K, but with the โTrump pumpโ fading, new catalysts are needed to maintain momentum.
๐ Critical Support at $94-$96K: Strong support formed at $94K-$96K, backed by 715.5K BTC held by 840K addresses. Institutional buying helps absorb pressure, but retail investors show caution at higher levels.
๐ Key Levels to Watch: $96K emerges as an attractive entry point for stablecoins. BTC must hold above this range for bulls to maintain control as investor greed shifts to caution.
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