$BTC enters a bullish state, and the altcoin market resumes growth
Current Bitcoin price: $114,099 (+0.66%)
The market shows strong signals of moving upward, with Bitcoin stabilizing within the range of $100,000 to $120,000. Despite a slight pullback in recent days, the overall momentum remains positive, and the recent double top has not weakened the strength of the trend.
Altcoins like Chainlink, Cardano, and Hedera have started to move, while other projects remain trading near support levels. August may be the last opportunity to seize these projects before they join the growth trend.
Technical indicators suggest that the market is in an accumulation phase, and a breakout may be imminent. With improving sentiment and increasing institutional inflows, a new upward wave is expected to include Bitcoin and the rest of the market.
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