The market is shifting from macro to structure; feel free to bother me for some venting and analysis.
1. Bitcoin (BTC): Range consolidation, main players are still laying out plans in the dark.
Today, BTC is reported at approximately $113,492 USDT, with a slight decrease of about -0.72% in the last 24 hours, fluctuating between $112,764 and $115,010. Overall, although the market seems unremarkable, the continuous transfers by on-chain whales and deposits into cold wallets indicate that the main players are quietly completing their repositioning.
I judge that BTC is currently in the bottom-building phase, with a high probability of a structural breakout in the future. It is not advisable to aggressively chase highs in the short term.
2. Macro and sentiment: No panic in bad news, no rush in good news.
According to foreign media reports, the expectation of a Fed rate cut in September has risen, and improved market sentiment has triggered a slight rebound in BTC.