🔥 Bitcoin Thrill: $105,000 Defense, Long vs Short Battle Intensifies! 🚀
Bitcoin bulls charge forward, vowing to push the price to new highs, but bearish undercurrents are stirring! The storm of US-China trade negotiations rises again, coupled with the upcoming US CPI and PPI inflation data, adding suspense to the market. The BTC price closely watches the $105,000 threshold, traders hold their breath for the macro tidal wave to strike! 🌪️
Market sentiment warms up, with the Fear and Greed Index quickly climbing from 46 to 55, leaning towards optimism. Investors adjust their positions due to seasonal factors and economic data, and hidden opportunities lie within the tense atmosphere! ⏳
At the London negotiating table, Trump's "mysterious call" boosts confidence, potentially dispersing the clouds of the trade war, and the short-term market may see a turning point. 📞
US inflation data is expected to heat up, with CPI climbing to 2.5% and PPI to 2.6%. The Federal Reserve's policies may adjust at any moment, and a grand market volatility show is about to unfold! 📊
The technical side holds hidden secrets. The $100,000 threshold may be briefly breached, but the 50-day moving average remains steadfast. RSI slightly drops to 53.5, and the 20-day moving average approaches the 50-day moving average, increasing technical pressure. Who will emerge victorious in the end? 📉
Institutional giants are making frequent moves, with Strategy and Metaplanet making significant entries, the latter aiming to acquire 210,000 BTC by 2027, determined to seize market control! The derivatives implied volatility remains low, as the market awaits the next wave of frenzy! 💼
Bitcoin, are you ready for this peak showdown between bulls and bears? 🔥
