๐ Bitcoin Brief | 2025.7.8
Bitcoin is currently priced at $107,523, down 0.84% for the day, continuing to fluctuate within the range of $107,000-$109,500. The technical situation is a tug-of-war between bulls and bears, with $107,184 as a key support level; if it falls below this or approaches $106,500, further declines may occur; if it breaks through $109,803, it may open up upward potential.
โ ๏ธ Risk Warning:
1. Trump's tariff policy (effective August 1) has triggered market risk aversion;
2. The Federal Reserve's July interest rate decision is approaching, and expectations for a rate cut may act as a catalyst for volatility;
3. A total of $162 million in liquidations occurred across the network in the last 24 hours, with long positions accounting for 71%.
Strategy: Short-term wait-and-see, focusing on the support at $107,000 and the resistance breakthrough at $109,700.
๐ฅ Volatility Warning: The game of policy and liquidity is intensifying, maintain light positions and control risks strictly!
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