Brothers, tonight's Bitcoin operation is quite interesting! Just now, the price skyrocketed to around 116,782 USD, and those trying long positions southward have just secured profits, when the main force suddenly started acting — not giving a clear chance to go north, directly playing 'suspended dance' at the bottom. Is this break of the Bollinger Band a trap set by the main force to lure in buyers or a prelude to a bull market surge? Let's analyze it well with tonight's latest news and technicals!

News: Institutional buying + regulatory easing, is the Bitcoin hegemony era here?

  1. Institutions are hoarding coins like crazy, off-exchange reserves are nearing the bottom
    The biggest news tonight is that MicroStrategy has purchased another 182,000 BTC this year, and off-exchange OTC reserves have dropped to a historical low of 155,000! What does this mean? It means that the 'big fish' in the market are almost all scooped up by institutions, and the next step is to grab goods from exchanges. Once off-exchange supply runs out, buying pressure from exchanges will explode, and prices will soar in no time.

  2. Russia permits cryptocurrency, the UK follows suit with easing
    The fighting nation officially announces tonight: Allowing investors to legally buy cryptocurrencies! This operation has completely shifted the global regulatory direction, and the UK has also lifted the ban on retail investors buying crypto ETNs overnight. Policy easing + institutional buying, Bitcoin's status as a 'national strategic asset' has been thoroughly established.

  3. Tariff blow to mining machines, the hashrate landscape is about to change
    The US has imposed a 21.6% tariff on Southeast Asian mining machines tonight, forcing domestic miners to run to Canada. The global hashrate center may shift from China and the US to Canada and Russia. In the short term, miner sell pressure may increase, but in the long term, hashrate decentralization is actually beneficial for Bitcoin's decentralization.

Technical analysis: Break of the Bollinger Band, operate at key points like this!

  1. Daily K-line: EMA15 is the watershed for bulls and bears
    Bitcoin reached a high of 116,782 today and a low of 113,300, just hovering near the EMA15 trend line. The price is currently blocked by the Bollinger Band middle line at 115,800, MACD is contracting but bullish momentum is increasing, DIF and DEA are hovering around the 0 axis.Key focus is whether the middle line can hold: If it holds, try a long position southward; if it doesn't hold, it will surge north to 120,800!

  2. 1-hour K-line: Is it a hanging top or a hammer?
    At the 1-hour level, after hitting 116,782, it is now retracting. MACD is expanding upward, DIF and DEA are about to touch the 0 axis.The key is the 115,500-115,800 range: If a hanging top appears, go short directly; if a hammer appears, go long to 117,350!

Trading advice: Small losses for big gains, safety first!

  1. Northern long entry point: 118,700-117,000, defend at 115,500, stop loss at 500 points, target at 117,000-115,500, break through and pursue 118,000!

  2. Southern long entry point: 116,500-117,000, defend at 117,300, stop loss at 500 points, target at 115,500-114,500, break through and drop to 114,000!

Personal opinion: Short-term fluctuations, bullish in the medium to long term!

Tonight's news is all positive, but the technicals show weakened short-term upward momentum. The main force has broken the Bollinger Band, looking more like a shakeout — shaking out the weak hands before making another move. Looking at the medium to long term, institutional buying + policy easing, Bitcoin's 'hegemony era' has just begun, 120,000 is not the peak, 150,000 is the real target!

Final reminder: Market conditions change rapidly, keep a close eye on real-time data! For more insights and strategies, feel free to reach out to me, let’s profit together and avoid pitfalls!

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