#特朗普施压鲍威尔 Analysis of Last Night's Surge
1. Policy Panic + Institutional Buying
Last night, Bitcoin suddenly surged to $94,000. The direct cause was the Trump administration's frantic output regarding the Federal Reserve, stating that Powell "can't manage inflation and is dragging down the economy," even hinting at intervention in monetary policy. This political maneuvering undermined the dollar's credibility, leading to gold and Bitcoin being used as safe-haven assets, with gold reaching a new high of $3,500, and Bitcoin jumping 8%. Additionally, the Japanese listed company Metaplanet bought 330 BTC (worth $28 million), and the U.S. Bitcoin ETF saw a net inflow of $380 million in a single day, igniting the market with institutional buying.
2. Technical Breakthrough + Short Squeeze
During the day, Bitcoin broke through the key resistance of $89,000, triggering a massive short liquidation (with $618 million liquidated across the network in 24 hours), especially a large order of $4.32 million in the ETH/USDT trading pair was liquidated, accelerating the rise. On the technical front, the weekly chart broke out of the "cup and handle" pattern, and trading volume reached the levels seen during the 2021 bull market, indicating that the main players are clearly active.
3. Altcoin Recovery Expectations
Although Bitcoin's market dominance is severe (64.5%, a historical high), funds are starting to flow into mainstream coins like SOL and ETH, with SOL rising 9%, ETH rising 11%, and even Dogecoin rising 12%, indicating that market sentiment has shifted from panic to greed.
• Key Levels:
o Support: $92,500 - $93,000 (4-hour EMA30 + previous high breakout level)
o Resistance: $94,000 - $95,000 (historical high + psychological level)
• Prediction:
After a spike and pullback in the early morning, it is very likely that during the day, prices will fluctuate between $92,500 - $94,500. If it holds above $93,000, it may challenge $95,000, but be wary of potential pullbacks after the U.S. stock market opens.
• Long Position: Lightly buy on a pullback to $92,500 - $93,000, add to positions at $91,800, target $94,000 - $94,500, and set a stop-loss below $91,500.
• Short Position: Try shorting on a rebound to $94,300 - $94,500, with a stop-loss at $95,000, targeting $93,000 - $92,500.
Motto: Don't chase the price! Wait for a pullback to buy, if it drops below $91,500, exit immediately!
$BTC