Bitcoin dey eye $105,800 resistance as SUI and Wormhole dey show new opportunities for bull run as market dey recover
Bitcoin (BTC) don strong bounce back from where e drop before-before, now e wan reach $105,800 wey be strong resistance level. Dis come up after market fall enter ground because of bad market feeling, plus big pipo dey quarrel for public and European Central Bank cut interest rate. BTC market control don reach 61.5% with total money wey e get of $2.08 trillion. Analyst wey pipo know well, Michaël van de Poppe, tok say if BTC fit break pass $105,800, e fit start new rally, and technical analysis show say momentum dey build up. Altcoins sef dey show new power. Sui (SUI) network show say dem strong by recovering from big security problem wey affect Cetus Protocol, their total value wey dem lock (TVL) bounce back by 20% to $1.8 billion. SUI dey trade close to $3.18, wey show say investors don get more confidence. Wormhole (W) dey show bullish divergence for weekly indicators, even as price drop 2.8% to $0.07355, wey make pipo expect upside for mid-term, especially as cross-chain integrations dey go on. Overall, crypto markets don add over $50 billion, wey push total capitalization pass $3.38 trillion. Market pipo dey watch BTC technical levels well-well, as well as wetin dey happen for SUI and Wormhole ecosystem and how strong dem be. All dis changing tin dey present timely opportunities and risks for traders for market.
Bullish
Di news show say Bitcoin market don strong well-well, as price just dey rise reach one big resistance level around $105,800. Key market analysts dem talk say if e break dis level, e fit climb more. Plus, SUI show say e strong even after big security wahala, and its TVL don jump, wey make ecosystem confidence boost. Wormhole own bullish divergence, even though price fall small for short-term, still show say e get potential to grow for mid-term. Overall, market capitalization don increase and many altcoins don gain, wey show say traders don ready to take risk again. All dis combine show say market dey bullish, and traders fit see short-term opportunities for both Bitcoin and di altcoins wey dem mention.