#BTC重返97k


Is BTC's rise to 97K the finish line or a warm-up before a new high?
Bitcoin's short-term strong breakout above 97K has not only sparked heated discussions in the market but also made many observers restless once again. However, a rational analysis shows that this rise is far from coincidental.
The underlying factors include: the second round of ETF fund inflow, a sharp decrease in miner selling pressure, a surge in net inflows of stablecoins, and a downward shift in expectations for the peak of interest rates in the US market, leading to a risk of capital flowing back into the market.
**Operating Idea:** In the short term, pay attention to the resistance area of 98K-100K, and guard against a pullback after overbought conditions; in the medium to long term, if it breaks through the psychological integer level and stabilizes, it is expected to enter the 100K era.
**Conclusion:** This is not the end, but rather the "acceleration warm-up" before the sprint. BTC is realizing its long-term value prophecy.
BTC0,52%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
GateUser-2986c6ffvip
· 2025-05-08 02:12
According to the Gate.io News bot, The New York Times reported that three insiders revealed President Trump is set to announce a US-UK trade agreement on Thursday. This agreement is the first trade deal reached since Trump implemented high tariffs on multiple countries. Trump teased a "significant trade agreement" on social media on Wednesday but did not disclose the specific partners involved. The specific details of the agreement have not yet been made public; previously, both sides had discussed issues such as the UK dropping tariffs on American cars and agricultural products, and eliminating taxes on American tech companies.
View OriginalReply0
SpicyHandCoinsvip
· 2025-05-07 06:33
Steadfast HODL💎
View OriginalReply0
CoinWayvip
· 2025-05-07 06:32
Steadfast HODL💎
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)