The current trend of BTC is highly volatile and uncertain, with frequent false breakthroughs in the market, indicating that the game between long and short sides at key technical levels is fierce. If BTC can effectively break through $60,000 in the near future, it may usher in a new round of rise; but if the support level of $56,000 is lost, the market may enter a deeper adjustment. Market sentiment is unstable, so it is recommended to remain cautious and pay close attention to the changes in key technical levels and the impact of macroeconomic factors.
PhyrexNi
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Discussion topic, 200USDC bonus. Rules: Quote and forward this article, talk about your views on gap filling, and attach your views. 10 high-quality posts will be selected from Binance Square, and each person will receive a 20USDC reward.
Just recently, the three gaps of CME $BTC have all been filled. The first two are gaps caused by the decline, and the third is the gap at the opening this morning. Although gap filling is metaphysical, according to my previous statistics, the probability of gap filling within three weeks is the highest.
Since 2020, I have personally counted 25 daily gaps, of which 23 have been filled, and only 11 of these 23 were filled within a week, 3 were filled within two weeks, and 4 were filled within three weeks. It is very difficult to count those that have been filled after more than three weeks.
So if we look at the proportions, there is a 47.82% chance that the gap will be filled within a week, a 60.86% chance that it will be filled within two weeks, and a 78.26% chance that it will be filled within three weeks. In addition, the total gap filling rate in these four years reached 92%.
Filling the gap is indeed a metaphysics, but this metaphysics must be taken seriously.
The current trend of BTC is highly volatile and uncertain, with frequent false breakthroughs in the market, indicating that the game between long and short sides at key technical levels is fierce. If BTC can effectively break through $60,000 in the near future, it may usher in a new round of rise; but if the support level of $56,000 is lost, the market may enter a deeper adjustment. Market sentiment is unstable, so it is recommended to remain cautious and pay close attention to the changes in key technical levels and the impact of macroeconomic factors.
链研社lianyanshe
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🎁Discuss the topic of BTC's future market trend, 100USDC bonus
Rules: Binance Square and quote my Binance Square article, talk about your views on the future market, and attach your logic 👉5 high-quality posts will be selected from Binance Square, and each person will receive 20 USDC.
The recent market situation is puzzling. The US stock market has been rising and recovering the decline, and there is a trend of breaking through the previous high. The currency circle has been falling and there are signs of a second bottoming out... Especially a few days ago, it was a false second bottoming out and then broke through to 62,000. In the early morning, it was a false breakthrough and stabilized at 60,000, and fell directly to around 56,000. Share your views on how BTC will go next
This post is jointly sponsored by Binance Square #Binance
I agree with the current market rebound momentum, especially with the loose monetary policies adopted by major economies around the world. But I think we may see greater market volatility after regaining 60,000. As Bitcoin's position in the market becomes more and more solid, investor confidence will also increase, but the trading volume near the strong pressure level will be key. If Bitcoin can break through and stabilize above 60,000, it may mean the beginning of a new bull market. However, if there is a strong retracement at this position, the market may experience a short-term adjustment before continuing to move upward. My strategy is to pay close attention to the market volume and price coordination, and take more cautious actions near the strong pressure level.
First of all, let me talk about my humble opinion: the bull market is not over yet, and it is on the way. Every round of market start-up has experienced twists and turns. As the saying goes: Therefore, when God is about to send a big bull to the market, he must first make his mind suffer, his muscles and bones tired, his body hungry, and his body empty, and then increase his ability.
There are several points on the current data: First, ETF inflow + US government support will become the biggest opportunity for this round of bull market, and it is precisely this opportunity that requires sufficient absorption and washing. Second, similar to the black swan of the global financial market on Black Monday, BTC smart money big holders did not panic sell, but continued to accumulate chips! Third, 85% of the central banks of major countries in the world are currently in a loose interest rate cut state, and the Federal Reserve’s interest rate cut is approaching. Global flooding is the best antidote for every crisis.
This round of Japan's 🇯🇵 rate hike has released the recession panic caused by the Fed's rate cut in advance, which provides a cushion for the Fed's real rate cut, thereby effectively releasing the negative impact. On the contrary, waiting for the Fed to really cut interest rates may become a positive, and the probability of the Fed's rate cut in September is currently as high as 95%. I still maintain that around Q3 2025 will be the peak of this bull market. Judging from the data of the past two bull markets, the peak of the bull market generally occurs 518-546 days after the BTC halving, which happens to be the time point of Q3 in 25 years. As shown in the 👇 figure
📊In the 2015-2017 cycle, Bitcoin reached its peak 518 days after the halving 📊In the 2019-2021 cycle, Bitcoin reached its peak 546 days after the halving
So, our current bull market is far from over. It is only 111 days after the#BTChalving, and it is still early. About a year after the rate cut + more than 500 days after the BTC halving will be the peak of this bull market!
🏆Activity rules: Quote my article and express your views on the current market trend. Can BTC hit more than 100,000 US dollars in this bull market? And is the cryptocurrency bull market over? Be sure to attach your views + logic in the comment area!
Welcome everyone to exchange views rationally and say your views in the comment area. I will select 10 posts with the highest content quality and the highest interaction in the comment area. 20U each.
🫡This post is jointly sponsored by Binance Square #BNB
I agree with the current market rebound momentum, especially with the loose monetary policies adopted by major economies around the world. But I think we may see greater market volatility after regaining 60,000. As Bitcoin's position in the market becomes more and more solid, investor confidence will also increase, but the trading volume near the strong pressure level will be key. If Bitcoin can break through and stabilize above 60,000, it may mean the beginning of a new bull market. However, if there is a strong retracement at this position, the market may experience a short-term adjustment before continuing to move upward. My strategy is to pay close attention to the market volume and price coordination, and take more cautious actions near the strong pressure level.
唐华斑竹
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My current operating strategy can be summed up in one sentence. Come and criticize me.
This morning, BTC took advantage of the strong rebound of the Japanese and Korean stock markets and rushed to 57,000 again. It once touched 57,300, but unfortunately it still failed to hold and fell below 57,000. Looking back, I feel funny. Just a few days ago, when Bitcoin fell from 69,000 to 66,000, many people thought it was a dive and they could buy the bottom and try to rebound. Now 66,000 is simply out of reach. The market has become confusing, with good and bad news, as well as various emergencies such as elections, wars, government selling coins, Mentougou repayments, bankruptcy liquidation and debt repayments, hackers, etc., intertwined, making it difficult to choose.
I agree with the current market rebound momentum, especially with the loose monetary policies adopted by major economies around the world. But I think we may see greater market volatility after regaining 60,000. As Bitcoin's position in the market becomes more and more solid, investor confidence will also increase, but the trading volume near the strong pressure level will be key. If Bitcoin can break through and stabilize above 60,000, it may mean the beginning of a new bull market. However, if there is a strong retracement at this position, the market may experience a short-term adjustment before continuing to move upward. My strategy is to pay close attention to the market volume and price coordination, and take more cautious actions near the strong pressure level.
颜驰Bit
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Bullish
Topic debate, 200USDT bonus Rules, quote my article and express your own views on the current trend. Can BTC reach a new high? And is encryption over? Be sure to attach your logic!
📌Personal subjective: The market has not ended. This round of decline is a black swan in the bull market. It can also be said that it is a leverage behavior, or it has entered the mid-term of the 519 bull market in 21 years. Judging from the data of ETFs, purchasing power is still strong. I don’t think that the landing of ETFs will end the market. The narrative of the second half of the year still exists. The interest rate cut does not mean that a larger increase will be seen immediately, but the interest rate cut is a powerful stimulant for the market in the long run.
Welcome everyone to exchange views rationally. I will select 10 posts with the highest content quality and the highest interaction in the quotes. 🎁20U per person.
🎈This post is jointly sponsored by Binance Square #BNB
I agree with the current market rebound momentum, especially with the loose monetary policies adopted by major economies around the world. However, I think we may see greater market volatility after regaining 60,000. As Bitcoin's position in the market becomes more and more solid, investor confidence will also increase, but the trading volume near the strong pressure level will be key. If Bitcoin can break through and stabilize above 60,000, it may mean the beginning of a new bull market. However, if there is a strong retracement at this position, the market may experience a short-term adjustment before continuing to move upward. My strategy is to pay close attention to the market volume and price coordination, and take more cautious actions near the strong pressure level.
三马哥
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I agree with the current market rebound momentum, especially with the loose monetary policies adopted by major economies around the world. However, I think we may see greater market volatility after regaining 60,000. As Bitcoin's position in the market becomes more and more solid, investor confidence will also increase, but the trading volume near the strong pressure level will be key. If Bitcoin can break through and stabilize above 60,000, it may mean the beginning of a new bull market. However, if there is a strong retracement at this position, the market may experience a short-term adjustment before continuing to move upward. My strategy is to pay close attention to the market volume and price coordination, and take more cautious actions near the strong pressure level.
链研社lianyanshe
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🎁Topic discussion, 200 USDC bonus Rules: Quote and forward this article, talk about your views on the future market, and attach your logic. After August 14, 10 high-quality posts will be selected from Binance Square, and each person will receive 20 USDC.
Personal market view: The United States rejects the expectation of economic recession, and the Bank of Japan promises that it will not raise interest rates. We have experienced a polar reversal similar to the Silicon Valley Bank crash. Today is the third day of the rebound. BTC has successfully stood at 57,000. It has now reached the strong pressure level and is only a little short of regaining 60,000. It is judged that it may take a similar path and eventually recover more than 60,000. It is highly likely that the retracement will be verified until the strong pressure level.
This post is jointly sponsored by Binance Square #BNB
I agree with the current market rebound momentum, especially with the loose monetary policies adopted by major economies around the world. However, I think we may see greater market volatility after regaining 60,000. As Bitcoin's position in the market becomes more and more solid, investor confidence will also increase, but the trading volume near the strong pressure level will be key. If Bitcoin can break through and stabilize above 60,000, it may mean the beginning of a new bull market. However, if there is a strong retracement at this position, the market may experience a short-term adjustment before continuing to move upward. My strategy is to pay close attention to the market volume and price coordination, and take more cautious actions near the strong pressure level.
加密狗
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The market situation of long and short positions has intensified. Many people attribute it to the fact that the Bank of Japan "let go" to appease the market, causing the crypto markets such as $BTC to "dance with the same frequency"...
✨What do you think about this?
🔥 I got 200U excellent review awards, and divided them into 10 parts for fans. You only need to click the [Repost] button below to express your unique views. Once selected, you can get a 20USDC reward.
Let me say first👇 (You don't need to say a lot of words, just be able to express your views clearly.)
1. The crypto market fluctuates. You think the German government sells coins, the US government transfers, and the Federal Reserve says it will cut interest rates. Japan, this young man, can't sit still... If you only look at this point, it's easy to be led by the nose. In fact, you should think more deeply about the back, such as the following.
2. The crypto market has become a multi-party market, with a large amount of hot money pouring into the market. Due to the lack of supervision and 7X24 global trading, in such an environment, large investors have an overwhelming advantage (this is the general environment, put here).
3. From the chain: In the past month, 358,000 BTC have been transferred to the permanent holder address (Figure 1). In July, the global spot ETF inflow was 53,000 BTC. This scale has reached an unprecedented height, and it is obvious that the market has been buying on dips.
4. From a micro perspective: In the past 48 hours, 100 wallets purchased 2,800 $BTC (Figure 2), which also shows that many people are buying on dips.
5. Hot money enters the market to make money. The fastest way to make money in the currency circle is contracts, which has now become a zero-sum game between retail investors and large investors.
Large investors play games with the market in these ways:
(1) Buying a large amount of coins at a low price in the spot market, creating a rising situation, making most people think that the price will continue to rise after breaking through 70,000, and inducing long positions;
(2) Using international hot spots to create expectations; for example, the Japanese yen interest rate hike on July 31, the financial market rose briefly, and even though BTC fell slightly at the time, many people still went long. Long positions rose from 60.09% on July 30 to 74% on August 4 (Figure 3), which is a very dangerous signal, so on August 5...
🤔 Due to limited space, the above is just my personal opinion. I believe that many experts in the square have their own opinions. Please click the forwarding button below to express your own opinions, and you can share the 200U quota allocated to me by Binance Square.
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This round of interest rate cuts cannot be compared to 20. One is unlimited QE release; the other is a restrained reduction while watching, walking a tightrope, to ensure that there are no problems on both sides of inflation and economy. That is why this round of market is so difficult to play. The macro conditions are more like 2019, when interest rates were cut three times and US stocks fluctuated upward until they encountered the 312 black swan in 2020. Interestingly, when the first interest rate cut was announced, US stocks fell, and BTC also came out of the bull peak of that year. #以太坊ETF批准预期 #山寨季何时到来? #美联储何时降息? $BTC $ETH
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