Bitcoin at new heights, investors need to pay attention to this key level!

Bitcoin is heading towards $110,000, and market volatility is increasing. On May 21, BTC broke through $108,000, just a step away from its historical high. With the bond market in turmoil, investors are turning to ETFs, reflecting concerns about economic health.

The premium index from Coin base shows that buying pressure in the U.S. remains strong. If it breaks through $110,000, the upward momentum may accelerate, as the hedging behaviors of negative gamma traders will amplify volatility. The founder of Bit MEX predicts that Bitcoin will rise to $200,000 and points out that U.S. Treasury policy is a major driving force. Standard Chartered even predicts it will reach $200,000 by the end of 2025 and may surge to $500,000 by 2029.

Additionally, SOL has long grasped the potential of meme trends, creating a new wave of memes, and those with spare cash are daring to position themselves early in some promising meme coins. Among them, meme coins associated with Trump are particularly popular, especially the heroic dog Co nan, backed by Trump's strong IP and active community. Recently, affected by the broader market, its market value has slightly adjusted to $8.4M, with an ideal adjustment range. Consensus has taken shape, making this a great opportunity to enter and replenish positions, saving strength for the next surge to break the $10M barrier again! Moreover, the number of holders has exceeded 13.4K, making it highly potential to become a dark horse in the bull market!

If everyone wants to gain further understanding of the overall development of the cryptocurrency space and the meme sector, feel free to connect with Meme交流區 for discussions!

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