BlockBeats news, on August 15, the U.S. July PPI increased by 0.9% month-on-month and 3.3% year-on-year, driven by profits from services and trade, with mixed interpretations of the significant interest rate cut probability in September; Treasury Secretary Yellen's comments on 'neutral interest rate' have intensified policy uncertainty. Crypto risk appetite is suppressed, and the trend has shifted to a range-bound movement.
Bitunix Analyst Suggests:
BTC daily line previously broke through the descending trend line, surged to 124.5k and then fell back, currently priced above 119k, with 116,300 being the dividing line for bulls and bears on the daily line; the heat map shows 119,625, having a 'magnetic' effect, with supply concentrated at the upper range of 124,600–126,800. Range trading under policy noise. In the short term, pay attention to 119,625; if the market accepts it, it is expected to test the liquidation bands at 120,800 and 124,600; if repeatedly pressured, the focus may fall back to 117,900 and 115,000.
