📊 $BTC – Adjusted with declining OI, the overall trend remains intact
🗓️ Wednesday, 20/08/2025
📰 Speech by Fed Chairman Jerome Powell at Jackson Hole on Friday, 22/08/2025. This is the focal point of the week, the market awaits signals for the September FOMC meeting.
💰 Current price ~113,102; higher than EMA7/25/99 (~100,679/98,095/89,539) ⇒ long-term bullish structure remains positive.
📈 RSI(6/12/24) ~59/57/56 >50 but cooling down; MACD narrowing, short-term momentum weakening.
📊 Futures: Open Interest ~$9.93B gradually decreasing; Long/Short Ratio across the market ~1.66; Top Trader (Accounts) ~1.76, (Positions) ~1.97 leaning LONG; Funding ~+0.0041% (low). Trend probability: LONG.
⚡ Basis narrowing and slightly negative (~-40 → -80) → defensive sentiment, potential for a short-term squeeze.
🎯 Preferred trend: LONG 💹 (Buy) – Probability 60%
📍 Entry (Buying Zone): 112,600
🎯 TP1 (Take Profit 1): 115,500 ~ +2.6% compared to Entry
🎯 TP2 (Take Profit 2): 118,500 ~ +5.2% compared to Entry
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💡 Did you know?
Top Trader Long/Short Ratio measures the bias of positions of large accounts/positions. >1 is bullish LONG, <1 is bearish SHORT. When the ratio >1 but OI decreases and basis is negative, it may be a bottom-fishing or hedge – waiting for OI to rise/funding to increase in agreement to confirm the trend.
