📈 $BTC (2025-08-16 08:30) | Long/Short Trend Index: 48 / 100 (Neutral to Bearish)

BTC is currently priced at $117,517, having retraced from a high of $122,000 in the past 48 hours, with weak short-term rebounds, significant pressure from mid-term moving averages, the MACD showing a death cross structure across multiple timeframes, and the RSI mostly below the midpoint. In the short term, attention should be paid to the support level at 116,800; if this level is breached, it may further drop to the 114,500 area. Overall trend appears weak, and participation in rebounds should be cautious.

🔹 Multi-Period K-Line Trend Assessment:

15-minute chart: MA7/25 crosses below MA99, followed by a brief rebound, MACD has just formed a golden cross but with limited momentum, RSI 53.99;

1-hour chart: Moving average system is in a bearish arrangement, MACD shows a death cross with the green bars shortening, RSI 40.64 shows signs of a low-level rebound;

4-hour chart: MA7 crosses below MA25 and approaches MA99, MACD death cross continues, RSI 41.00 shows weak oscillation;

Daily chart: Price is near MA25, MACD golden cross momentum weakens, RSI 51.17 approaches the midline;

Weekly chart: Long-term still maintains a bullish trend, but MACD red bars are narrowing, RSI 63.70 shows signs of top divergence.

📊 Technical Indicator Analysis:

MACD: 15m short cycle rebounds with a golden cross, 1H/4H still show death crosses downward, daily momentum is declining, weekly shows convergence at high levels;

RSI: Short cycle returns near the midpoint, 1H/4H still weak, daily and weekly show high-level divergence;

Moving Average System: Short to medium-term moving averages form a bearish arrangement, daily under pressure, weekly support remains;

Trading Volume: Increased during the decline, insufficient volume for rebounds, funding appears bearish.

🌐 Macroeconomic News Summary (Last 24 Hours):

1. [CoinDesk | August 15, 22:45] US CPI rose 3.1% year-on-year, lower than expected, raising the probability of a Fed rate cut in September to 68%, providing short-term support for risk assets;

2. [Glassnode | August 15, 21:20] Net outflow of BTC from exchanges reached 18,500 coins, the highest in nearly two weeks, indicating some funds are moving into cold wallets on dips;

3. [Bloomberg | August 15, 19:30] The US SEC is in the final stages of the approval process for Ethereum spot ETF, with market expectations for approval in September;

4. [CryptoQuant | August 15, 17:50] BTC perpetual contract long/short ratio fell to 0.89, with the proportion of leveraged long positions decreasing, market sentiment trending cautious.

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Red envelope collection entry: 答案（Answer ）：Yes