$BTC August 14 Morning All-Dimensional Analysis🚀🚀🚀
•Current Price: Approximately $123,663, up $4,288 (+3.59%) from yesterday
•Intraday Volatility: Jumped from $119,014 to $124,234
•Today's Highlights: Set a new all-time high (ATH), market sentiment is overwhelmingly bullish.
2. Underlying Logic
1. Weakening Dollar + Interest Rate Cut Expectations Support
The US Dollar Index has continued to decline in recent days (around 97.7), coupled with rising market expectations for a Fed interest rate cut in September, which has restored investor risk appetite, providing significant catalysts for risk assets like BTC.
2. Institutional Benefits Continually Strengthening
The White House has issued an executive order exploring the inclusion of crypto assets in 401(k) retirement accounts, along with the Trump administration's push for a clear crypto regulatory framework, providing continuous policy support for BTC.
3. Continuous Inflow of ETF Funds
Strategic companies and institutions are accelerating purchases, with massive net inflows into the ETF market — further strengthening market structure and confidence, pushing the market capitalization to over $4.18T.
3. Technical Structure: Skyrocketing or False Top?
•Price Action: Has broken new highs, currently entering a new range of $123K–$124K, with strong buying at high levels but caution against short-term pullbacks.
•Support Levels: Initially looking at $120K–$121K, if broken, further watch $118K.
•Medium-Term Target: Analysts are optimistic about a breakout and self-sculpting towards a significant wave opportunity of $130K–$150K.
From a technical perspective, after breaking the ATH, it is essential to observe whether there is sustained volume; otherwise, it may likely evolve into a double top pullback. The market still needs to verify whether the support strength keeps up.
4. Strategy Recommendations
The current market is in the ATH breakout phase, with hot market sentiment, but risks are also heating up. It is recommended that bulls adopt the following strategies:
1. Confirm breakout and small position layout
If the price stabilizes above $123K–$124K and is supported by volume, consider entering with a light position, expecting a short-term push to $125K–$130K.
2. Buy on dip support strategy
If the price retraces to the $121K–$122K range but stabilizes, consider phased entry, with a stop-loss set below $120K; initial target is $125K, otherwise prioritize short-term profits.
3. Lock-in profits and risk control
Initially, for long positions, it is advised to take profits in stages at $130K, and after reaching that, consider adjusting positions or observing. Control a single position to 1–2% of total capital, gradually building positions, and be extremely cautious when chasing highs.
4. Beware of pullbacks if breaking $120K
If the trading volume does not support and breaks below $120K, the risk leans towards testing $118K, and short-term strategies may need adjustment or temporary exit from the market.
