Combining fundamentals + technical analysis, summarizing the market situation within two weeks in 4 sentences!

1: Currently lacking liquidity, the comprehensive opening of the altcoin season has basically no fundamental conditions for the time being, no need to indulge in excessive fantasies, Bitcoin will continue to follow the blood-sucking model of altcoins.

2: The current position is at a weekly double top structure, but in the short term, it is not yet time for a major correction! However, that will come soon, expected in 2-3 weeks!

3: Directly starting a crash does not align with the maximum interests of the main force; if a major weekly correction is to form, it is likely that there will first be an upward pull to fully let the market retail investors experience FOMO, then initiate a crash, which is more beneficial for the main force to extract liquidity.

4: If there is no interest rate cut before September, a major correction will arrive quickly; weekly level corrections generally last 2-3 months, and timing must meet the main force's wash trading period. If there can be an interest rate cut before September, then it is likely to trend sideways instead of down, so the importance of the interest rate decision in these two months cannot be overstated.

I have provided a chart for market information, please compare it yourself!

1-hour level: From the hourly level perspective, Bitcoin touched 1026 and rebounded, currently in a slight upward fluctuation structure, with the bottom gradually rising, but the top still cannot break through the 1061 box top. For those doing swing trading, pay attention to the three positions in Chart 1 below.

4-hour level: The 4-hour level is within an upward channel, currently located at the bottom area of the upward channel. As long as it does not fall below 103, overall it leans towards bullish! Below is the 100,000 pivot point for long and short positions, which has been tested three times before, providing strong support. If the main force does not distribute and crash, it will be hard to break; however, once it breaks, it represents the arrival of a major correction. Pay attention to the areas around 1031 and near 100,000 on the 4-hour level! If it goes up, it needs to firmly stand above 1065 before it can target 1105; as for 112, it is still far away and does not need to be considered for now! Pay attention to Chart 2 below.

Daily level: The daily level is still within an upward channel, but has simultaneously formed a similar head shape to Chart 1. For those taking long positions, be cautious in taking profits at high levels and gradually exit. If the pattern can develop into what happened in January, there is a high probability of another top followed by a correction. Those who are bullish should pay attention to the position in Chart 3 below!