Emergency Notice! Big Things Are Coming, BTC Market Is Gearing Up - Xiao Peng's Professional Analysis
Brothers, I just glanced at the market, Bitcoin is putting on another "Volatility Show" today. As of the latest data, the BTC/USDT perpetual contract price is $106,900, up slightly by 0.15%, but the amplitude has been compressed to within 0.6%, a clear "calm before the storm"
Technical Hardcore Analysis: The 1-hour candlestick chart shows that the Bollinger Bands have narrowed to the extreme, with the upper band at $108,673, the lower band at $106,161, and the middle band at $107,417 firmly pressing the price. The MA7 and MA30 lines are stuck around $107,500, entangled like dogs biting each other—this signal is too obvious: both bulls and bears are scared, waiting for a trigger. The MACD is even more telling, with the DIF and DEA dozing above the zero axis, neither forming a golden cross nor a death cross, in a clear "playing dead" state.
Trading volume has shrunk to a pitiful level, the histogram is as short as a dwarf, and market sentiment is at a freezing point. If you ask me, this pattern is like a "spring pressed to the bottom"; it will either explosively break the previous high of $110,000 or crash through the support at $106,000.
Don't believe those "volatility perpetual" nonsense, the signal has already bottomed out.
News Update Bombshell: The big news released this morning has directly added fuel to the market. First, let's look at the macro—The Federal Reserve just announced that the inflation data is lower than expected (June CPI is only 2.3%), hinting that a 50 basis point rate cut may happen in September, causing the dollar index to dive and risk assets to collectively rebound. This wave of good news has a direct impact on BTC, on-chain data shows that whale addresses have accumulated 3,200 BTC in half an hour, worth $340 million, a blatant ambush.
Next, let's look at industry dynamics—The Hong Kong Monetary Authority approved Huobi to launch the JD-HKD stablecoin this morning, opening up cross-border payment channels, and institutional funds are eager to move. But bad news is also closely following: The SEC has postponed its approval of the Ethereum ETF, dragging down the sentiment of altcoins.
First, the narrowing of the Bollinger Bands + MA entanglement historically has an 80% probability of breaking upward.
Second, the Federal Reserve's easing benefits BTC’s anti-inflation properties, and funds have already voted with their feet.
Third, frequent actions from JD Group and compliant stablecoins will attract traffic, with BTC as "crypto gold" sure to reap the benefits.
Short-term trading suggestion: Place buy orders near $106,500, stop loss at $105,800, target $109,000. Don't wait until it breaks before you regret!
Personal opinion, everyone should still rely on the latest real-time news and analyze the situation themselves.
