The crypto market is changing rapidly, grasping the trend allows us to ride the waves!

Hello everyone in the crypto community, I am the Great Sage! Today, let's talk about the recent trend of BTC/USDT and break down my trading strategy, teaching you step by step how to seize opportunities in a fluctuating market!

What happened at that time? Let's analyze it!

On the night of June 27, BTC suddenly plummeted from around 107,383 to 106,356, but not long after, it was pulled back to 107,709 at midnight; it's all about the thrill! So why did this happen?

My operation: Combining technical and news analysis.

News analysis

Reasons for the surge

Federal Reserve dovish: The US released PCE inflation data lower than expected at midnight, and the market thinks a rate cut in September is secure, the dollar fell, and BTC rebounded directly!

Large funds bottom fishing: On-chain data shows that Coinbase has a large buy order of 5000 BTC, which may indicate institutional entry.

Options market drive: There are a large number of call options near 106,000, and market makers are forced to buy spot to hedge, pulling the price back.

Technical line drawing: Where are the key points?

From the chart, several important positions must be closely monitored:
Support level: 106,000 short-term bullish-bearish dividing line, 102,047 61.8% Fibonacci retracement position, strong support.

Resistance level: 107,500 previous high pressure, 109,000 historical key resistance, breakthrough = takeoff.

MACD indicator: Currently, the DIF and DEA are above the zero axis, but the red bars are not strong enough, indicating that the rebound may not be over yet, but it's also not strong enough.

Reasons for the crash

Resistance level pressure: At that time, the price rushed to around 107,500, which was just the previous high pressure level. Multiple attempts to break through failed, and short-term funds began to flee.

MACD death cross warning: The DIF line at 314.00 and the DEA line at 40.19 are starting to converge, red bars are shrinking, indicating weakened upward momentum and increased risk of a pullback.

Key support testing: When it fell to 106,356, it was just above the BOLL middle track + Fibonacci 61.8% support at 102,047, shorts hammered but did not break the level.

Blogger's opinion: short-term bearish, but don't blindly chase the shorts!

Bearish factors:

Mt.Gox selling pressure: 105,000 BTC may hit the market.

MACD momentum is insufficient, and it may continue to oscillate.

Bullish factors:

Federal Reserve rate cut expectations: 78% probability in September

Institutions continue to buy ETF fund inflow.

Conclusion: In the short term, it may still oscillate between 106,000-109,000, but if it falls below 106,000, be careful!

Next, keep an eye on these signals!

If it breaks through 109,000 → it may start a new round of upward movement, target 112,000!

If it falls below 106,000 → it may retest 102,000 or even the psychological level of 100,000.

Interaction time: What do you think?

What do you think BTC will do next?
A. Breakthrough 109,000, directly take off!
B. Fall below 106,000, continue to explore the bottom!
C. Sideways oscillation, waiting for major news!

Welcome to leave a message in the comments, let's discuss together!

Want to get accurate trading signals in real time?
Follow the Great Sage, take you through bull and bear markets, accurately bottom fishing and topping out!

Next issue preview!

In the next issue, I will explain in detail:
How to accurately judge buy and sell points using MACD+BOLL.
How to capture institutional fund trends in advance?
How to stabilize profits in volatile markets?$BTC #美国加征关税

Don't want to miss out? Hurry up and follow, see you next time!

If you don't know how to identify effective breakout points or effective stop-loss points, you can follow the Great Sage's homepage, which will teach you step by step.