Candlestick patterns are the market's dance; if you miss the rhythm, even the most beautiful dreams can shatter in the fluctuations!
BTC bulls aim for 112,000
Policy easing hides gold, institutions see the bottom while scooping up, technical breakthroughs set the trend — currently, Bitcoin stands at the golden crossover of triple resonance!
1. Technical analysis in depth: Bullish pattern has formed, key levels are clear
According to the latest candlestick data, BTC's hourly chart shows a typical bullish arrangement:
Trend direction: Price steadily climbs along the 5/10 hour moving averages, MACD golden cross with increasing red bars, Bollinger Bands opening upwards, typical characteristics of a rising trend.
Key levels: Current resistance at $109,296 (previous high + Fibonacci 0.618 retracement level), support at $107,743 (round number + dense moving average area).
Trading volume: OBV indicator shows continuous inflow of funds, yesterday's 24-hour trading volume surpassed $13.35 billion, confirming bullish momentum.
Pattern signals: No reversal patterns like head and shoulders have emerged; instead, a "rising three methods" continuation pattern has formed, indicating bulls are in control.
2. Triple fundamental benefits: Policy + Institutions + Macro dancing together
1. Policy easing: Global regulation takes a key step
The US SEC has entered the final stage of approving the SOL ETF, with a 90% probability of approval in July, which could attract an additional $2-5 billion in funds, indirectly boosting BTC market sentiment.
UK FCA's new stablecoin regulations require 100% reserve coverage, enhancing institutional trust in stablecoins, providing a compliant capital entry for BTC.
2. Institutional buying: Whales continue to increase their positions
MicroStrategy purchases another 12,000 BTC, bringing total holdings to 331,200 BTC (valued at approximately $3.68 billion), BlackRock's IBIT fund size exceeds $70 billion, with institutional control rate over 51%.
Japan's Metaplanet holds 13,000 BTC for a 348% annual return, demonstrating an effect that attracts more traditional capital to enter.
3. Macro easing: A liquidity feast begins
US May CPI YoY at 2.4%, lower than expected; Fed's July rate cut expectations rise, benefiting risk assets during the easing cycle.
China's May social financing increased by 2.3 trillion, stabilization policies are taking effect, but real estate investment weakness highlights asset scarcity, making Bitcoin a hedging tool.
3. Candlestick judge: Supreme unique strategy: Go with the trend, seize the "golden pit" opportunity
1. Operational thoughts:
Main strategy: After breaking $109,296, go long with targets set at $112,000-$115,000 (Fibonacci expansion level + historical previous high).
Backup strategy: If the price retests $107,743 without breaking, consider gradually opening long positions, with a stop-loss set at $106,500.
2. Risk control:
Strictly set a 10% position limit, leverage not exceeding 3 times, to avoid black swan event impacts.
Pay attention to the Fed's interest rate decision on July 31 and the SOL ETF approval results; these two events may trigger short-term volatility.
3. Variety selection:
Spot: Suitable for conservative investors, long-term holding until the target of $115,000.
Futures: Aggressive traders can seize hourly chart level fluctuations, watching for long opportunities after breaking $109,796.
4. Candlestick judge · Pen is decisive: precise positioning, grasping the main upward wave
1. Long entry point:
First buying point: around $109,300 (breaking previous high + volume confirmation).
Second buying point: around $107,800 (retesting support + MACD bottom divergence).
2. Profit-taking target:
First target: $111,000 (Fibonacci extension at 1.618).
Second target: $113,000 (historical previous high + psychological barrier).
3. Stop-loss levels:
Strictly set at $106,500 (previous low + moving average support); if broken, liquidate and observe.
Pay attention to the candlestick judge, a professional team will help you accurately target fluctuations; keep pace to let assets take off! Candlestick trading steadily doubles, low leverage, private domain contracts #MichaelSaylor暗示增持BTC #美国加征关税