$BTC/USDT

Current price: $111800 above (stabilizing at the key support area of $111,500)
Target price:

- TP1: $113,200
- TP2: $114,000
Stop loss price: below $111,500
Reasons for buying:
$BTC/USDT shows strong bullish momentum, with the following technical characteristics:

1. Structural Integrity:
- The price stabilizes at the key support area of $111,500, forming a "double bottom" structure ($111,500→$112,000), confirming a short-term upward trend;
- The transaction volume in the range of $112,000–$112,500 accounts for 38%, with buyers intensively positioning in this area.
2. Breakthrough Opportunity:
- If the resistance level of $113,500 is broken, there is no significant selling pressure in the range of $114,000–$115,000 above, with a short-term target pointing to $114,000;
- The Up Vol after the breakout needs to reach over 60% to verify its effectiveness.
3. Capital Movements:
- In the past 24 hours, the net long position of contracts increased by 25%, with a funding rate of +0.019% (longs paying interest), and leveraged funds actively taking long positions;
- $111,500 support zone has an Up Vol ratio of 62%, indicating strong buying support.
4. Kinetic Verification:
- RSI indicator 68 (neutral to bullish), MACD red bars continue to expand, short-term momentum is strong;
- After the price broke through $112,500, the daily trading volume increased to 2.3 times, confirming the capital inflow.
This content is for reference only and should not be considered as investment advice. #BTC vs. ETH 巅峰对决